The average retail price per litre of Household Kerosene (HHK) paid by consumers in February 2022 stood at â‚¦450.66 from â‚¦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 increased by 26.66 percent from â‚¦355.80 in February 2021.
The state with the highest average price per litre in February 2022 was Ebonyi with â‚¦607.14 followed by Cross River with â‚¦593.75 and Osun with â‚¦531.77. While state with the lowest average price per litre were Bayelsa with â‚¦290.44, Jigawa with â‚¦326.39 and Sokoto with â‚¦340.14.
The average price per gallon of Household Kerosene paid by consumers increased to â‚¦1559.78 in February 2022 from â‚¦1528.74 in January 2022, indicating an increase in average retail price by 2.03 percent on month-on-month. The year-on-year average price per gallon of kerosene increased by 28.46 percent from â‚¦1214.24 in February, 2021. Enugu state had the highest average retail price with â‚¦1935.95 followed by Jigawa with â‚¦1934.62 and Rivers, â‚¦1828.89. Similarly, Adamawa state recorded the lowest price with â‚¦900.00 followed by Yobe and Borno with with â‚¦1210,00 and â‚¦1240.00, respectively
Data source: National Bureau of Statistics