Tuesday 18 October 2016

Petrol Sells Above N145 Per litre In 15 States

Despite the federal government’s assurance that the price of petrol will reduce from N145 per litre, it sold above the price in 15 states of the federation, last September, data from the National Bureau of
Statistics, NBS, has shown. According to the NBS, Cross River State led the price table with N154.6, followed by Kaduna, which had N151.8, while Kogi occupied the third position with the price of N150.4. In Enugu State, petrol was sold at N148.7, while it was sold at N148.5 in Bornu and N148 per litre in Kebbi State during the period under review. In Ebonyi State, it was sold at N147.6, while it sold at N147.2 in Bayelsa, N147.1 in Abia, N147 in Nassarawa, N146.5 in Kwara, N146.4 in Plateau and Benue, N146.3 in Niger, N146.1 in Imo and N145.6 per litre in Gombe State. However, Akwa Ibom State recorded the lowest price of N142.5 per litre. Long queue of jerry cans at a petrol station as fuel scarcity bites harder, yesterday. The NBS also stated that energy and energy related prices continue to be the largest increases reflected in the Core sub-consumer index. According to the Bureau, in September, the core sub-index increased by 17.7 percent during the month, up by 0.5 percent points from rates recorded in August (17.2 percent).

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