Petrol price pressured in some parts of the country

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…as price of cooking gas declines by 2.8%

By Prince Okafor

THE average price paid by consumers for premium motor spirit, PMS, popularly known as petrol, increased to N147.50 in November 2018 from N147.20 in October 2018, the Nigeria Bureau of Statistic, NBS report has shown.

Petrol price pressured in some parts of the country
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This showed an increase of 1.3 percent year-on-year and 0.2 percent month-on-month.

According to the report of the NBS, Premium Motor Spirit (Petrol) Price Watch, “States with the highest average price of PMS, were Kebbi (N158.24), Kaduna (N156.75) and Taraba (N155.46).

Also amongst the states in the far northern part of the country were states with the lowest average price of PMS including Jigawa (N144.29), Sokoto (N144.20) but Imo state at N142.50, recorded the lowest average price in the country.

In another report, titled, ‘LPG Price Watch’, the NBS stated that the average price for the refilling of a 5kg…



Source: Vanguard Newspaper