Stats: 3,190,093 members, 7,939,414 topics. Date: Wednesday, 04 September 2024 at 03:36 AM |
Nairaland Forum / Nairaland / General / Business / Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops (17973 Views)
After Raising Hopes, Naira Depreciates Against The Dollar By 5.8% In April / Nigerians Shift To Charcoal, Sawdust, Others As Cooking Gas Prices Soar / Woman Kerosene Black Market Seller Opens Her Own Filling Station (pictures) (2) (3) (4)
Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Johnnyessence(m): 8:03am On Sep 19, 2019 |
By Prince Okafor Average price of petroleum products across the 36 states of the federation have recorded some increases in the month of August, 2019, the Nigerian Bureau of Statistic, NBS, has said. The agency, in its latest report on the prices of petroleum products, stated that average price per litre paid by consumers for household kerosene increased 10.80 percent year-on-year, YoY, to N319.94 last month. The current price represents 1.24 percent rise month-on-month, MoM, from N316.03 in July, 2019. Cooking Gas A breakdown of the prices in the various states shows that states with the highest average price per litre of kerosene were Abia Enugu, and Ebonyi States, at N375.55, N365.47 and N358.33 respectively. It also shows states with the lowest average price per litre of kerosene were Abuja (N245.50), Kwara (N261.11) and Benue (N261.90). Fake Cylinders: LPG Advocate Warns `bomb-like’ Explosions May Hit Nigerian Homes(Opens In A New Browser Tab) The agency did not indicate the reason for the development but other industry sources show a government’s policy shift in favour of gas for domestic cooking. A report obtained from the Nigerian National Petroleum Corporation, NNPC, also shows a decline of kerosene importation from 139.6 million in the first quarter of the year, Q1’19, to 85.5 million liters in the Q2’19, indicating a huge shortfall in the supply of the product. Conversely, in another report, on Liquefied Petroleum Gas, LPG, popularly known as cooking gas, the average price for the refilling of a 5kg cylinder cooking gas decreased by -1.21 percent MoM and by -2.62 percent YoY to N2,000 in August 2019 from N2,024.80 in July 2019. According to the agency, “States with the highest average price for the refilling of a 5kg cylinder for Cooking Gas were Adamawa (N2,488.75), Bauchi (N2,468.89) and Borno (N2,391.07). “States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Osun (N1,694.44), Enugu (N1,718.05) and Abuja (N1,739.17).” However, the report further stated: “Average price for the refilling of a 12.5kg cylinder for Cooking Gas increased by 0.09 percent month-on-month and decreased by -3.35 percent year-on-year to N4,220.11 in August 2019 from N4,216.29 in July 2019.” On average price paid by consumers for Premium Motor Spirit, PMS, popularly known as petrol, the report indicated a -1.0 percent decrease YoY and 0.3 percent increase MoM to N145.5 in August 2019 from N145.0 in July 2019. States with the lowest average price of petrol were Katsina (N142.50), Zamfara (N144.33) and Kaduna (N144.68). States with the highest average price of petrol were Bayelsa (N146.78), Cross River (N146.76) and Kogi (N146.75). https://www.vanguardngr.com/2019/09/price-of-kerosene-up-10-8-as-cooking-gas-drops/ 3 Likes
|
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by netpro(m): 8:07am On Sep 19, 2019 |
The use of kerosene in aircrafts has been a major driving force for the cost. Left for domestic use alone, kerosene may have been one of the cheapest commodities. 37 Likes 4 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by izombie(m): 8:11am On Sep 19, 2019 |
Next level. By the time we get to the upper level even buhari will be complaining about how expensive things are. I pity zombies. 16 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by netpro(m): 8:15am On Sep 19, 2019 |
Johnnyessence: Immediately it was time for Atiku to get a comprehensive beating, you disappeared. Now you are back to continue rambling, chest beating and badmouthing Nigeria and Mr. President. 24 Likes 3 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Johnnyessence(m): 8:19am On Sep 19, 2019 |
netpro:lol this is next lefu, we are in together with it. 15 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by agwom(m): 8:22am On Sep 19, 2019 |
Next level! buhari is working 4 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by fk002: 8:25am On Sep 19, 2019 |
Abia state governor has foresight 7 Likes 1 Share
|
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by alienvirus: 8:25am On Sep 19, 2019 |
I said bye bye to Kero long time ago. I use petrol only for my car. Gas all the way. Even my generator is performing wonderfully well with GAS. 7 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by AgroSeeds: 8:26am On Sep 19, 2019 |
I do hope there is still plans for poor people in this country? ![]() ![]() ![]() 5 Likes 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by netpro(m): 8:26am On Sep 19, 2019 |
Johnnyessence: Atiku not cuummming again? Noted. To succeed in this Next Level, find something productive to do. But anyone sitting there and expect to be carried to the Next Level will be disappointed. Wailing they will do. God bless Nigeria! 15 Likes 3 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Nobody: 8:26am On Sep 19, 2019 |
If you want kerosene prices to be very low,. deregulation is the answer. Deregulate the petrol sector,. investment flows in , prices eventually fall, exploration increases 2 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by abukuru(m): 8:27am On Sep 19, 2019 |
Next level things 1 Like |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by MANNABBQGRILLS: 8:28am On Sep 19, 2019 |
netpro:Hehehe ![]() ![]() ![]() ![]() ![]() Finish him. netpro:You have time for these wailers sha. They don't advice people on this kind of issue. It is hunger that will reset their brain, by then they will find something productive to do and stop waiting for free fraudulent money like before. 8 Likes 2 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by MANNABBQGRILLS: 8:28am On Sep 19, 2019 |
We hope it is not only cooking gas that will drop, we hope kerosene prices drop also. It is not everyone one of us that are privilege to use gas to cook. Slow and steady we will get there. Isn't it funny to see some wailers on the thread deciding to choose and comment on the Kerosene prices going up but stylishly ignoring the gas prices dropping and both are in the same sentence! Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see. If he decides to be willfully deaf, even if there are thunder by his ears, he won't hear. *Patriotic and sane Nigerians Do not Waste time Arguing with Buhari and Nigeria Haters* We are not talking about critics who are genuinely concerned about a better Nigeria,. You will know them because when they see good efforts of the government they applaud. But the others, the one who swore on their lives Buhari will never be president, the enemies of the nation, are the ones we are talking about. Don't waste your time on them.. They will always be miserable no matter what you tell them. Simply ignore them. 9 Likes 2 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by WhiteLavender(f): 8:29am On Sep 19, 2019 |
In Ibadan, 5kg gas sells for 1300 now, it was 1250 last month. 6 Likes 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by ImmaculateJOE(m): 8:29am On Sep 19, 2019 |
Fake report. In Adamawa here, we refill 6kg for N1800 and 12.5kg for N3800 3 Likes 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by crestedaguiyi: 8:29am On Sep 19, 2019 |
New day new low |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by izombie(m): 8:30am On Sep 19, 2019 |
netpro:you mean next level suffering abi? Na you go suffer am alone. 4 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by tillaman(m): 8:30am On Sep 19, 2019 |
Well I don’t know people still use kerosene though to cook! almost every one carries a gas cylinder around for a refill these days I thought someone said Kerosene won’t be used for Domestic purpose again 1 Like 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by sylve11: 8:32am On Sep 19, 2019 |
netpro: interesting............ ![]() 5 Likes 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by osaweseforme(m): 8:34am On Sep 19, 2019 |
No one is exempted we are all in it together both wailers and hailers, i go to the market you'll do same Johnnyessence: 2 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by izombie(m): 8:35am On Sep 19, 2019 |
post=82366158:you just said that not everybody is privileged to use gas. It's like increasing the price of toyota Camry and decreasing the price of a bugatti. Which one do you think affects the people most? Just call a spade a spade. Your messiah buhari has been a disaster and it's getting worse with every passing day. 2 Likes 1 Share |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by izombie(m): 8:37am On Sep 19, 2019 |
WhiteLavender:that's a reduction......according to zombies ![]() ![]() 2 Likes |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by MANNABBQGRILLS: 8:37am On Sep 19, 2019 |
izombie:izombie has spoken....as usual. Have you collected your 4 liters of kero yet? 8 Likes 2 Shares |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by sylve11: 8:38am On Sep 19, 2019 |
ImmaculateJOE: read and understand.............. ![]() ![]() |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Johnnyessence(m): 8:39am On Sep 19, 2019 |
osaweseforme:we are in together in lifeless buhari next lefu. |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by sylve11: 8:39am On Sep 19, 2019 |
alienvirus: careful with that stuff......... ![]() ![]() |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Jakasibo(m): 8:41am On Sep 19, 2019 |
Chai so Kerosene that used to be sold N50 per litre has now skyrocketed to this outrageous price? And its the poor that uses this product asides airlines. In most countries, aside from planes kerosene is a waste product. 1 Like |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by micxwell(m): 8:42am On Sep 19, 2019 |
WhiteLavender:I'm sure you are an accountant.... ![]() |
Re: Breaking : Price Of Kerosene Up 10.8% As Cooking Gas Drops by Exponental(m): 8:42am On Sep 19, 2019 |
Imagine... The poor pays more. Except for those with gas phobia, only those who cant afford the cylinders use it and they end up paying more. 1 Like |
N193 Billion Intervention Loans Declared Lost By CBN / At What Point Are You A Millionaire? / Transportation Business In Lagos
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36 |