National Household Kerosene Price Watch (November 2022)

Executive Summary

The average retail price per litre of Household Kerosene (HHK) paid by consumers in November 2022 on a month-on-month basis was N1,083.57, indicating an increase of 4.08% compared to N1,041.05 recorded in October 2022. On a year-on-year basis, the average retail price per litre of the product rose by 145.68% from N441.06 in November 2021. On state profile analysis, the highest average price per litre in November 2022 was recorded in Akwa Ibom with N1,416.67, followed by Cross River with N1,366.67 and Abuja with N1,306.67. On the other hand, the lowest price was recorded in Borno with N875.83, followed by Rivers with N910.00 and Nasarawa with N913.56. 

Data source: National Bureau of Statistics