The average retail price per litre of Household Kerosene (HHK) paid by consumers in May 2024 was N1,450.35, show ing an increase of 0.74% compared to N1,439.64 recorded in April 2024. On a year-on-year basis, the average retail price per litre of the product rose by 20.26% from N1,206.05 in May 2023. On state profile analysis, the highest average price per litre in May 2024 was recorded in Benue with N1,790.92, fol lowed by Kaduna with N1,769.65 and Cross River with N1,722.94. On the other hand, the lowest price was recorded in Katsina with N1,230.81, followed by Kwara with N1,260.07 and Jigawa with N1,263.91. In addition, analysis by zone showed that the North Central recorded the highest average retail price per litre of Household Kerosene with N1,534.12, followed by the South-West with N1,488.97, while the North-East recorded the lowest with N1,408.41. The average retail price per gallon of Household Kerosene paid by consumers in May 2024 was N5,196.69 indicating an increase of 0.43% from N5,174.23 in April 2024. On a year-on-year basis, this increased by 23.49% from N4,208.27 in May 2023. On state profile analysis, Kano recorded the highest average retail price per gallon of Household Kerosene with N6,900.28, followed by Adamawa with N6,295.63 and Yobe with N6,140.17. On the other hand, Kwara recorded the lowest price with N4,235.42, followed by Delta and Akwa Ibom with N4,320.39 and N4,362.81 respectively. Analysis by zone showed that the North-East recorded the highest average retail price per gallon of Household Kero sene with N5,951.06, followed by the North West with N5,560.03, while the North-Central recorded the lowest with N4,659.73.

Data source: National Bureau of Statistics

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