The average retail price per litre of Household Kerosene (HHK) paid by consumers in July 2023 was N1,260.81, indicating an increase of 2.00% compared to N1,236.10 recorded in June 2023. On a year-on-year basis, the average retail price per litre of the product rose by 59.65% from N789.75 in July 2022. On state profile analysis, the highest average price per litre in July 2023 was recorded in Adamawa with N1,757.69, followed by Abuja with N1,466.67 and Benue with N1,465.63.
On the other hand, the lowest price was recorded in Jigawa with N991.67, followed by Kebbi with N1,066.67 and Kaduna with N1,075.64. In addition, analysis by zone showed that the North-East recorded the highest average retail price per litre of Household Kerosene with N1,355.37, followed by the South-East with N1,337.17, while the North-West recorded the lowest with N1,108.28. The average retail price per gallon of Household Kerosene paid by consumers in July 2023 was N4,306.07, showing an increase of 0.87% from N4,269.13 in June 2023. On a year-on-year basis, this increased by 49.18% from N2,886.41 in July 2022.
Data source: National Bureau of Statistics