Executive Summary
The average retail price per litre of Household Kerosene (HHK) paid by consumers in March 2022 stood at ₦564.55 from ₦450.66 in February 2022, this shows an increase of 25.27 percent on month-on-month analysis. However, year-on-year comparison showed that the average price per litre increased by 56.26 percent from ₦361.29 in March 2021.
The state profile showed that the highest average price per litre in March 2022 was recorded was Ebonyi with ₦700.00 followed by Kaduna with ₦687.50 and Ekiti with ₦666.67. On the other hand, the state with the lowest average price per litre was Kano with ₦426.67, followed by Borno with ₦431.25 and Kebbi with ₦446.67.
Furthermore, the average retail price per litre of Household Kerosene by zone showed that South-West recorded the highest with ₦623.49 followed by South-East with ₦ 614.89 and South-South with ₦580.80, while the zone with the lowest average retail price was the North-West with ₦502.50.
Data source: National Bureau of Statistics
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