The average retail price per litre of Household Kerosene (HHK) paid by consumers in July 2022 was N789.75, indicating an increase of 3.68% compared to N761.69 recorded in June 2022. On a year-on-year basis, the average retail price per litre of the product rose by 98.76% from N397.34 in July 2021. On state profile analysis, the highest average price per litre in July 2022 was recorded in Enugu with N1,003.68, followed by Ekiti with N989.58 and Osun with N949.12. On the other hand, the lowest price was recorded in Bayelsa with N643.06, followed by Benue with N654.76 and Rivers with N655.24. In addition, analysis by zone showed that the South-West recorded the highest average retail price per litre of Household Kerosene with N900.90, followed by the South-East with N892.40 and North-Central with N761.92, while the South-South recorded the lowest with N727.07. The average retail price per gallon of Household Kerosene paid by consumers in July 2022 was N2,886.41, showing an increase of 7.98% from N2,673.04 in June 2022. On a year-on-year basis, this increased by 121.60% from N1,302.56 in July 2021. On state profile analysis, Abuja recorded the highest average retail price per gallon of Household Kerosene with N3,600.00, followed by Enugu with N3,500.75 and Ekiti with N3,450.00. On the other hand, Zamfara recorded the lowest price with N2,430.57, followed by Borno and Gombe with N2,500.00 and N2,530.00 respectively. Analysis by zone showed that the South-West recorded the highest average retail price per gallon of Household Kerosene with N3,186.93, followed by the South-East and North-Central with N3,130.76 and N2,924.73 respectively, while the North-East recorded the lowest with N2,597.04.

Data source: National Bureau of Statistics

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