The average retail price per litre of Household Kerosene (HHK) paid by consumers in February 2023 was N1,173.89, indicating an increase of 1.78% compared to N1,153.40 recorded in January 2023. On a year-on-year basis, the average retail price per litre of the product rose by 160.48% from N450.66 in February 2022. On state profile analysis, the highest average price per litre in February 2023 was recorded in Plateau with N1,550.00, followed by Abuja with N1,473.33 and Adamawa with N1,438.10.
On the other hand, the lowest price was recorded in Nassarawa with N923.81, followed by Katsina with N945.83 and Sokoto with N956.94. In addition, analysis by zone showed that the South-West recorded the highest average retail price per litre of Household Kerosene with N1,259.96, followed by the South-East with N1,255.12, while the North-West recorded the lowest with N976.24. The average retail price per gallon of Household Kerosene paid by consumers in February 2023 was N3,926.23, showing an increase of 1.03% from N3,886.11 in January 2023. On a year-on-year basis, this increased by 151.72% from N1,559.78 in February 2022.
Data source: National Bureau of Statistics