The average retail price per litre of Household Kerosene (HHK) paid by consumers in March 2023 was N1,142.46, indicating a decline of 2.68% compared to N1,173.89 recorded in February 2023. On a year-on-year basis, the average retail price per litre of the product rose by 102.37% from N564.55 in March 2022. On state profile analysis, the highest average price per litre in March 2023 was recorded in Adamawa with N1,595.24, followed by Abuja with N1,368.52 and Bauchi with N1,314.58. On the other hand, the lowest price was recorded in Jigawa with N916.67, followed by Kaduna with N955.00 and Edo with N957.14.
In addition, analysis by zone showed that the North-East recorded the highest average retail price per litre of Household Kerosene with N1,256.59, followed by the South-East with N1,248.68 while North-West recorded the lowest with N981.47. The average retail price per gallon of Household Kerosene paid by consumers in March 2023 was N4,105.25, showing an increase of 4.56% from N3,926.23 in February 2023. On a year-on-year basis, this increased by 104.07% from N2,011.70 in March 2022.
Data source: National Bureau of Statistics