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Liquefied Petroleum Gas (Cooking Gas) Price Watch (April 2022)
Sector Statistics
Executive Summary The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at N3800.47 in April 2022 from N3778.30 recorded in March 2022 showing an increase of 0.59 percent month-on-month. However, on a year-on-year basis, the average retail…
National Household Kerosene Price Watch (April 2022)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in April 2022 increased by 4.48% on a month-on-month basis from N564.55 in March 2022 to N589.82 in April 2022. On a year-on-year basis, the average retail price per litre rose by 6…
Premium Motor Spirit (Petrol) Price Watch (April 2022)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N172.61 in April 2022, indicating a 3.74% increase when compared to the value recorded in April 2021 (N166.38). Likewise, on a month-on-month basis, the average retail pric…
Automotive Gas Oil (Diesel) Price Watch (April 2022)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 175.92% from N237.19 in April 2021 to N654.46 recorded in April 2022. On a month-on-month basis, the average retail price increased from N539.32 in March 2022, indicating a ri…
Selected Food Prices Watch (March 2022)
Sector Statistics
Executive Summary Selected Food Price Watch for the month of March 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) increased on year-on-year basis by 46.64 percent from N345.03 in March 2021 to N505.94 in March 2022. Also, on month-on-month basis,…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (March 2022)
Sector Statistics
Executive Summary The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at ₦3778.30 in March 2022 from ₦3708.58 recorded in February 2022 showing an increase of 1.88 percent month-on-month. However, on year on year basis, the average re…
Premium Motor Spirit (Petrol) Price Watch (March 2022)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N185.30 in March 2022 indicating a 7.31% increase when compared to the value recorded in March 2021 (N172.68). Likewise, on month-on-month basis, the average retail price i…
Automotive Gas Oil (Diesel) Price Watch (March 2022)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 129.10% from N235.41 in March 2021 to N539.32 the value recorded in March 2022. On month-on-month basis, the average retail price increased from N311.98 in February 2022 indic…
CPI and Inflation Report March 2022
CPI and Inflation
Consumer Price Index In March 2022, the consumer price index, (CPI) which measures inflation increased to 15.92 percent on year-on-year basis. This is 2.25 percent points lower compared to 18.17 percent, the rate recorded in March 2021. This means that the headline inflation rate…
CPI and Inflation Report April 2022
CPI and Inflation
Summary In April 2022, the consumer price index, (CPI) which measures inflation increased to 16.82 percent on a year-on-year basis. This is 1.3 percent points lower compared to the rate recorded in April 2021 (18.12) percent. This means that the headline inflation rate slowed dow…
Selected Food Prices Watch (February 2022)
Sector Statistics
Executive Summary Selected Food Price Watch for the month of February 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) rose on year-on-year basis by 50.1 percent from N 331.48 in February 2021 to N 497.54 in February 2022. Similarly, there was an i…
Transport Fare Watch (February 2022)
Sector Statistics
Executive Summary This report shows Transport Fare Watch for February, 2022 covering the following categories: bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; air fare charge for specified routes single journey; journey…
Liquefied Petroleum Gas (Cooking Gas) Price Watch (February 2022)
Sector Statistics
Executive Summary The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at ₦3708.58 in February 2022 showing month-on-month increase of 1.39 percent from ₦3657.57 recorded in January 2022. On a year on year, the average retail price of…
National Household Kerosene Price Watch (February 2022)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in February 2022 stood at ₦450.66 from ₦437.11 in January 2022, showing an increase of 3.10 percent on a month-on-month. On a year-on-year comparison, the average price increase…
Automotive Gas Oil (Diesel) Price Watch (February 2022)
Sector Statistics
Executive Summary The average retail price of Automotive Gas Oil (Diesel) paid by consumers increased by 36.98 percent year-on-year from a lower cost of ₦227.76 per litre in February 2021 to a higher cost of ₦311.98 per litre in February 2022. On a month on month, the average…
Premium Motor Spirit (Petrol) Price Watch (February 2022)
Sector Statistics
Executive Summary The average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N170.42 in February 2022 from N166.24 in February 2021, indicating 2.52% increase. On month-on-month, the average retail price increased from N166.40 in January 2022 to N17…
CPI and Inflation Report February 2022
CPI and Inflation
Consumer Price Index In February 2022, the consumer price index, (CPI) which measures inflation increased to 15.70 percent on year-on-year basis. This is 1.63 percent points lower compared to the rate recorded in February 2021 (17.33) percent. This means that the headline inflati…
Transport Fare Watch (January 2022)
Sector Statistics
Executive Summary This report shows transport fare for January 2022 covering the following categories: bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; air fare charge for specified routes single journey; journey by motor…
Selected Food Prices Watch (January 2022)
Sector Statistics
Executive Summary Selected Food Price Watch for January, 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) rose year-on-year by 51.92 percent from N316.92 in January, 2021 to N481.47 in January, 2022. Similarly, there was an increase of 0.14 percent…
National Household Kerosene Price Watch (January 2022)
Sector Statistics
Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in January 2022 stood at ₦437.11 from ₦467.97 in December 2021 showing a decrease of 6.60 percent on a month-on-month. On a year-on-year comparison, the average price increased…
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