News
Cost of cooking gas, kerosene, petrol continue to rise in Nigeria
Recent reports released by the National Bureau of Statistics (NBS) indicate that the average price of cooking gas, kerosene and petrol continue to rise across the country.
The average price of 5kg cooking gas increased from N6,521.58 recorded in April 2024 to N7,418.45 in May 2024, according to the NBS.
This is contained in the Bureau’s “Cooking Gas Price Watch’’ for May 2024 released on Wednesday in Abuja.
The report said the May price represented a 13.75 per cent increase, compared to what was obtained in April 2024.
The NBS said the average price of 5kg cooking gas increased on a year-on-year basis by 70.12 per cent from N4,360.69 recorded in May 2023 to N7,418.45 in May 2024.
On state profile analysis, the report showed that Benue recorded the highest average price at N8,012.03, followed by Enugu at NN7,926.21, and Ondo at N7,857.53.
It said on the other hand, Yobe recorded the lowest price at N5,842.31 followed by Jigawa and Katsina at N6,521.81, respectively.
Analysis by zone showed that the South-East recorded the highest average retail price of 5kg cooking gas at N7,680.87 , followed by the South-West at N6,593.93.
said on the other hand, Yobe recorded the lowest price at N5,842.31 followed by Jigawa and Katsina at N6,521.81, respectively.
Analysis by zone showed that the South-East recorded the highest average retail price of 5kg cooking gas at N7,680.87 , followed by the South-West at N6,593.93.
The report said the average retail price for 12.5kg cooking gas rose by 63.85 per cent on a year-on-year basis from N9,537.89 May 2023 to N15,627.40 in May 2024.
State profile analysis showed that Zamfara recorded the highest average retail price of N18,369.33, followed by Bayelsa at N17,772.21 and Abia at N17,538.02.
On the other hand, the report showed that the lowest average price was recorded in Bauchi at N13,076.43, followed by Ebonyi and Taraba at N13,788.09 and N13,860.3, respectively.
Analysis by zone showed that the South-South recorded the highest average retail price of 12.5kg cooking gas at N16,310.02 , followed by the North-West at N15,991.13.
The report said the North-East recorded the lowest price at N15,010.62
For kerosene, the NBS said the average retail price of a litre of the commodity increased from N1,439.64 recorded in April 2024 to N1,450.35 in May 2024.
The Bureau said this in its Kerosene Price Watch for May 2024, released in Abuja on Wednesday.
It said the May price of N1,450.35 represented a 0.74 per cent increase compared to what was obtained in April 2024 at N1,439.64
The report said the average price per litre of kerosene increased on a year-on-year basis by 20.26 per cent from N1,206.05 recorded in May 2023 to N1,450.35 in May 2024.
On state profile analysis, the report showed that Benue recorded the highest average price of N1,790.92, followed by Kaduna at N1,769.65 and Cross River at N1,722.94.
“On the other hand, the lowest price was recorded in Katsina at N1,230.81, followed by Kwara at N1,260.07 and Jigawa at N1,263.91.”
The NBS said the analysis further showed that the North-Central recorded the highest average retail price per litre of Kerosene at N1,534.12, followed by the South-West at N1,488.97.
It said the North-East recorded the lowest average retail price per litre of kerosene at N1,408.41.
The report said the average retail price per gallon of Kerosene paid by consumers in May 2024, was N5,196.69, indicating a 0.43 per cent increase from the N5,174.23 in April 2024.
“On a year-on-year basis, the average price per gallon of kerosene increased by 23.49 per cent from N4,208.27 recorded in May 2023.
On state profile analysis, it showed that Kano recorded the highest average retail price at N6,900.28, followed by Adamawa at N6,295.63 and Yobe at N6,140.17.
On the other hand, the report said Kwara recorded the lowest price at N4,235.42, followed by Delta and Akwa Ibom at N4,320.39 and N4,362.81, respectively.
Analysis by zone showed that the North-East recorded the highest average price per gallon of Kerosene at N5,951.06, followed by the North- West at N5,560.03.
“The North-Central recorded the lowest average price per gallon of kerosene at N4,659.73 ,” the NBS said.
Similarly for petrol, the NBS disclosed that the average retail price of a litre of the commodity increased from N238.11 in May 2023 to N769.62 in May 2024.
It made the declaration in its Petrol Price Watch for May 2024 released in Abuja on Wednesday.
It stated that the May 2024 price of N769.62 represented a 223.21 per cent increase over the price of N238.11 recorded in May 2023.
Comparing the average price value with the previous month of April, the average retail price increased by 9.75 per cent from N701.24.
“On state profiles analysis, Jigawa paid the highest average retail price of N937.50 per litre, followed by Ondo and Benue at N882.67 and N882.22, respectively.
“Conversely, Lagos, Niger and Kwara paid the lowest average retail price at N636.80, N642.16 and N645.15, respectively,’’ it stated.
Analysis by zones showed that the North-West Zone recorded the highest average retail price in May 2024 at N845.26, while the North-Central recorded the lowest price of N695.04 per litre.
The NBS also stated in its Diesel Price Watch Report for May 2024 that the average retail price was N1,403.96 per litre.
It said that the May 2024 price of N1,403.96 per litre amounted to a 66.29 per cent increase over the N844.28 per litre paid in May 2023
“On a month-on-month basis, the price increased by 0.78 per cent from the N1,415.06 per litre recorded in April 2024,’’ it added.
On state profile analysis, the report said the highest average price of diesel in May 2024 was recorded in Adamawa at N1709.00 per litre, followed by Sokoto at N1675.00 and Bauchi at N1657.92.
On the other hand, the lowest price was recorded in Niger at N1,140.20 per litre, followed by Kano at N1153.33 and Oyo at N1236.92.
In addition, the analysis by zones showed that the North-East Zone had the highest price of N1,605.91 per litre, while the South-West recorded the lowest price at N1,303.60 per litre.
By Kayode Sanni-Arewa
There was gunshots by some unknown persons at Ofosun Village, an Ondo community at the boundary with Edo State.
The incident, it was learnt, caused panic, forcing people to stay indoors to avoid being hit by stray bullets.
A source in the village, identified simply as Dauda, who spoke to our correspondent on the phone said, “We don’t know who they are but they were firing gunshots into the air in some parts of the village since early morning. Ofosun is an Ondo village close to Benin in Edo State. No casualty, but people in the village are staying indoors.”
It was not immediately clear what could have led to the incident, but the Deputy Governorship candidate of the Peoples Democratic Party, Festus Akingbaso, while commending voters’ turnout, expressed concerns over the alleged infiltration of some villages under the Idanre Local Government Area by hoodlums.
Akingbaso, who spoke shortly after casting his vote at Imikan Ward 02, Unit 008, Idanre, commended INEC for the timely arrival of voting materials but alleged, “Information reaching me is that majority of the villages are filled with thugs allegedly brought in by the APC. At the moment, all the villages are occupied with thugs. Villages like Ofosun, Omifunfun and Allah are occupied.
“There is a place called Igbepo where suspected thugs are in their numbers in Idanre Local Government Area. An incident happened in Ofosun where suspected thugs broke into the house of a party member to prevent him from voting. We were informed that there are plans not to allow people in the villages to vote.
have reported the matter to the DPO and DSS. To my expectation, the security agencies have not been able to do anything.”
Reacting to the allegation, the Ondo APC spokesperson, Mr Steve Otaloro, absolved his party of involving in any crime and demanded a thorough investigation into the allegations.
He said, “I am in the situation room of APC right now. Let me say first some foremost, the person you mentioned is the deputy governorship candidate of Agboola Ajayi of the PDP. And if you recall PDP had a press conference two days ago alleging the kind of violence that happened in that place was by APC.
“All the places he mentioned, was he on the ground in all those places? He was supposed to be at his polling unit. Even if he was called, he should have done proper diligence to be on the ground. They told us there was nothing like that. Voting is going on orderly, if they have any issue with that, they just want to create an issue out of nothing.
“As I speak, no member of our political party is going out to vote as a member, everybody has become electorate. Whatever violence that is happening, they should investigate it properly, but I can assure you it is not from our members. How will you infiltrate all those local areas, these are routes and farm settlements? Why will our members infiltrate such places? That is not true.
“More often than not, maybe their plans were burst, and that was why he is coming up with this allegation. And since morning, this election has started peacefully, they should allow it to end peacefully. We as a political party, are committed to peace, and we have told our people to allow peace to reign in all their activities in the course of this election.”
When contacted, the Ondo State Police Public Relations Officer, Funmi Odunlami, said she was in transit.
She also said the incident had not been reported to her.
By Kayode Sanni-Arewa
Jude Nnam, the famous Nigerian Christian music composer, has been kidnapped.
Nnam, also known as ‘Ancestor,’ is the National Music Director for the Christian Association of Nigeria (CAN) and a member of the National Liturgical Commission, Catholic Secretariat of Nigeria (CSN).
He was allegedly kidnapped on Thursday evening around 6 p.m. in Umunnachi, Anambra State.
The music icon is said to have traveled to Anambra for a church function.
A Catholic priest, Rev Fr Augustine Mario, shared the sad news of Nnam’s kidnap on his Facebook page on Friday.
“Please kindly keep Sir Dr. Jude Nnam (Ancestor) in your prayers.
He was allegedly kidnapped yesterday evening around 6 p.m. in Umunnachi, Anambra State.
Sir Jude Nnam is the CAN National Music Director and Member of the National Liturgical Commission, CSN, etc.
“May God grant him safety and quick release from his abductors.
By Kayode Sanni-Arewa
A middle-aged woman and two of her daughters have been crushed to death in Ogbomosho, Oyo State.
The incident occurred on Wednesday night at Apake area of Ogbomosho.
It was learned that the mother, identified as Kudirat, and her two daughters, Mariam (13 years) and Azeezat (10 years), were said to be returning from their shop when the incident occurred.
It was gathered that the deceased left their shop at Takie at about 11 p.m.
They were going back to their residence at Nana River/Atenda area on a commercial motorcycle when the accident occurred.
It was gathered that the bodies of the victims have been deposited at a morgue.
A source within the town explained that the motorcyclist and the driver of the trailer escaped unhurt.
“The three were crushed brutally. However, the motorcyclist escaped unhurt while the trailer driver also sped off; he was pursued but made his escape.”
All efforts made by Daily Post to get a reaction from the Sector Commander, Federal Road Safety Corps (FRSC) in the state, Rosemary Alo, proved abortive at the time of filing this report on Friday
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