Prices of LPG, bus fare rise in October—NBS

The National Bureau of Statistics (NBS), said the average cost of refilling a five kilogramme (kg) cylinder for Liquefied Petroleum Gas (Cooking Gas) increased from N2,107 recorded in September to N2,145.30 in October. The bureau disclosed this in its “Liquefied Petroleum Gas Price Watch’’ October 2018 report on in Abuja. It also reported that the average fare paid by commuters for bus journey within cities in the country increased by N8.73 from N185.47 in September to N193.21 in October. The bureau said this in its Transport Fare Watch October report released in Abuja. According to the report, the fare increased by 4.18 per cent month-on-month and 50.31 per cent year-on-year. It noted that states with highest bus journey fare within cities were Abuja, FCT N400; Cross River N325.71; and Abia N275.

Continuing on the cooking gas It said that the price for refilling a five kg cylinder of cooking gas increased by 1.7 per cent month-on-month and decreased by -9.64 per cent year-on-year in the period under review. According to the bureau, states with the highest average price for refilling of a five kg cylinder for cooking gas are Bauchi (N2,550.00), Gombe (N2,500.00) and Borno (N2,488.89). It said states with the lowest average price for refilling a five kg cylinder for cooking gas are Enugu (N1,918.18), Ebonyi (N1,916.67) and Kwara (N1,900.00).

Similarly, the NBS said the average cost of refilling a 12.5kg cylinder for cooking gas increased from N4,376.19 in September to N4,437.54 in October. It said the price increased by by 1.40 per cent month-on-month and decreased by -2.71per cent year-on-year in the month under review. “States with the highest average price for the refilling of a 12.5 kg cylinder for cooking gas are Akwa Ibom (N5,150.00), Anambra (N4,861.54) and Borno (N4,785.71). “Also, states with the lowest average price for the refilling of a 12.5 kg cylinder for cooking gas are Oyo (N4198.53), Yobe (N4,115.81) and Zamfara & Kebbi (N4,100.00).’’ 

On bus fare the report further said that the states with lowest bus journey fare within cities include Rivers N133.85; Anambra N104; and Bauchi N120. According to the bureau, the average fare paid by commuters for intercity bus journey increased from N1,813.77 in September to N1,818.12 in October. It said that the average fare for intercity increased by 0.24 per cent month-on-month and increased by 19.60 per cent year-on-year. “States with highest intercity bus journey fare were Abuja FCT N4,666.67; Adamawa N3,328.57; and Borno N2,800.

“Also, states with lowest bus journey fare within city were Bayelsa N1,233.33; Enugu N1,177.50; and Bauchi N1,157.14.’’ According to NBS, transport fare watch report for October covers categories such as bus journey within the city per drop, constant route, bus journey intercity, state route and charge per person. It also covered air fare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and water way passenger transport.