National Household Kerosene Price Watch (February 2022)

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 increased by 26.66 percent from ₦355.80 in February 2021.
The state with the highest average price per litre in February 2022 was Ebonyi with ₦607.14 followed by Cross River with ₦593.75 and Osun with ₦531.77. While state with the lowest average price per litre were Bayelsa with ₦290.44, Jigawa with ₦326.39 and Sokoto with ₦340.14.
The average price per gallon of Household Kerosene paid by consumers increased to ₦1559.78 in February 2022 from ₦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 ₦1214.24 in February, 2021. Enugu state had the highest average retail price with ₦1935.95 followed by Jigawa with ₦1934.62 and Rivers, ₦1828.89. Similarly, Adamawa state recorded the lowest price with ₦900.00 followed by Yobe and Borno with with ₦1210,00 and ₦1240.00, respectively

Data source: National Bureau of Statistics