Nigeria Paid More For Petrol, Diesel And Kerosene In July

Nigeria Paid More For Petrol, Diesel And Kerosene In July

The National Bureau for Statistics (NBS) has published that prices paid by consumers for Premium Motor Spirit (petrol), Automotive Gas Oil (diesel) and National Household Kerosene (NHK) by consumers rose last July, although the price of cooking gas (Liquefied Petroleum Gas) fell during the period.

The NBS, in its Price Watch Reports for petrol, diesel, kerosene and cooking gas released yesterday, stated that price paid by consumers for petrol increased month-on-month (MoM) by 11.44% to N143.63 in July 2020 from N128.88 in June 2020.

According to the Bureau, the price paid by consumers for diesel rose by 0.03% MoM to N224.43 in July 2020 from N224.37 in June 2020. Similarly, per litre price paid by consumers for kerosene increased by 0.44% MoM to N335.54 in July 2020, from N334.08 in June 2020. However, the price for the refilling of a 5kg cylinder for cooking gas fell by 0.13%t MoM to N1,971.34 in July 2020 from N1973.95 in June 2020.

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Source: OrientEnergyReview

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