The average price per litre of Household Kerosene paid by consumers in December 2021 was â‚¦467.97, an increase of 6.10 percent on a month on month basis from â‚¦441.06 in November 2021. On a year on year basis, the average price of the product increased by 32.65 percent from â‚¦353.79 in December 2020 to â‚¦467.97 in December 2021.
The top three states with the highest average price per litre in December 2021 were recorded in Ebonyi, Abia and Ekiti with â‚¦687.50, â‚¦585.00 and â‚¦552.08 respectively. Also the states with the lowest average prices per litre were recorded in Bayelsa, Kwara and Nasarawa with â‚¦300.00, â‚¦355.60 and â‚¦384.85 respectively.
On the other hand the average price per gallon of Household Kerosene paid by consumers increased by 2.51 percent on a month on month basis from â‚¦1544.01 in November 2021 to â‚¦1582.73 in December 2021. While the year-on-year analysis shows that, the average price per gallon of kerosene increased by 34.63percent from â‚¦1175.59 in December 2020 to â‚¦1582.73 in December 2021.
The top three states with the highest price were recorded in Cross River, Lagos and Jigawa with â‚¦2035.94, â‚¦2015.79 and â‚¦2004.44 respectively while the three states with the lowest price were recorded in Adamawa, Yobe and Borno with â‚¦1006.25, â‚¦1164.29 and â‚¦1181.25 respectively.
Data source: National Bureau of Statistics