The price of Premium Motor Spirit (Petro) also increased to N146.90 in August from N146.80 recorded in July, the National Bureau of Statistics (NBS) has reported.

The NBS disclosed also that in the August 2018 “Premium Motor Spirit (Petro) Price Watch” posted on its website, the average price paid by consumers for petrol increased by 1.7per cent year-on-year and 0.1 per cent month-on-month.

It stated the price of petrol increased to N146.90 in the period under review from N146.80 recorded in July.

The Bureau listed the states with the highest average price of petrol were Borno N157.00; Kebbi N152.94 and Kwara N152.86 while states with the lowest average price of petrol include Ekiti N144.23; KatsinaN144.08 and Bauchi N143.89.

In the month in review, the average price paid by consumers for automotive gas oil (diesel) increased by 1.79 per cent month-on-month and 5.99 per cent year-on-year to N207.98 in August 2018 from to N204.32 in July 2018.

States with the highest average prices of diesel were Borno (N242.86), Taraba (N231.67) and Sokoto (N228.33).

States with the lowest average prices of diesel were Ebonyi (N195), Adamawa (N185) and Nasarawa (N180).

Meanwhile, the Bureau reported that the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N2,05.14 in August from N2,01.45 in July.

The report titled ‘Liquefied Petroleum Gas (Cooking Gas) Price Watch’ released weekend, showed that the price increased by 2.17 per cent month-on-month and 3.19 per cent year-on-year in the period under review.

The agency listed the states with the highest average price for refilling a five kg cooking gas to include Bauchi N2, 490.00; Borno N2, 400.00; and Gombe N2, 354.55.

This is even as it reported that states with the lowest average price for the refilling of a five kg cooking gas were Kaduna N1, 825.00; Kano N1, 800.00; and Enugu N1, 791.11.

According to the Bureau, the average price for refilling a 12.5kg cylinder for cooking gas increased in August to N4, 366.48 from N4, 244.35 in July, representing 2.17 per cent month-on-month and 3.19 per cent year-on-year increases.

“States with the highest average price for the refilling of a 12.5kg cylinder cooking gas are Benue N5, 100.00; Akwa Ibom N4, 750.25 and Cross River N4, 733.33.

“Also, states with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas are Katsina and Kebbi N4, 000.00; Lagos N3, 952.38 and Oyo N3, 948.13.”, the NBS added.