The latest report from the National Bureau of Statistics (NBS) shows that the average retail price per litre of Household Kerosene (HHK) paid by consumers in January 2024 was N1,329.53, indicating a decline of 2.40% compared to N1,362.27 recorded in December 2023.
NBS said, on a year-on-year basis, the average retail price per litre of the product rose by 15.27% from N1,153.40 in January 2023.
On state profile analysis, the Bureau noted that the highest average price per litre in January 2024 was recorded in Kaduna with N1,833.33, followed by Benue with N1,766.67 and Niger with N1,703.70.
On the other hand, it said, the lowest price was recorded in Bayelsa with N969.70, followed by Rivers with N1,057.69 and Kwara with N1,066.67.
NBS’s analysis by zone showed that the North Central recorded the highest average retail price per litre of Household Kerosene with N1,479.10, followed by the North-East with N1,381.94, while the South-South recorded the lowest with N1,225.83.
It said, the average retail price per gallon of Household Kerosene paid by consumers in January 2024 was N4, 870.83, indicating an increase of 7.53% from N4,529.92 in December 2023. On a year-on-year basis, this increased by 25.34% from N3, 886.11 in January 2023.
On state profile analysis, the Bureau said, Adamawa recorded the highest average retail price per gallon of Household Kerosene with N6,083.33, followed by Bauchi with N5,800.00 and Kano with N5,777.78.
On the other hand, it said, Delta recorded the lowest price with N4,000.00, followed by Ondo and Enugu with N4,398.03 and N4,409.05 respectively.
Its analysis by zone showed that the North-East recorded the highest average retail price per gallon of Household Kerosene with N5,526.39, followed by the North West with N5,062.78, while the South-East recorded the lowest with N4,508.51.
