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Kerosene Price Sells Above N1,400 Per Litre – NBS | Citizen NewsNG

ByCitizen NewsNG

May 24, 2024

Kerosene Pump

 

 

 

The average price of Household Kerosene was sold at N1,439.64 per litre in April.

This represents a 6.29 per cent increase from what was recorded in March 2024 at N1,354.40 per litre.

The statistics was disclosed by the National Bureau of Statistics (NBS) in its National Household Kerosene Price Watch for April 2024.

NBS report revealed that on a year-on-year basis, the average retail price per litre of the product rose by 24.04% from N1,160.67 in April 2023.

It added: “On state profile analysis, the highest average price per litre in April 2024 was recorded in Benue with N1,788.47, followed by Kaduna with N1,761.62 and Plateau with N1,717.78.

“On the other hand, the lowest price was recorded in Katsina with N1,222.22, followed by Jigawa with N1,240.74 and Kwara with N1,252.38.

“ In addition, analysis by zone showed that the North Central recorded the highest average retail price per litre of Household Kerosene with N1,525.27, followed by the South-West with N1,479.24, while the South-East recorded the lowest with N1,391.68.

“The average retail price per gallon of Household Kerosene paid by consumers in April 2024 was N5,174.23 indicating an increase of 5.61% from N4, 899.33 in March 2024. On a year-on-year basis, this increased by 24.17% from N4,166.94 in April 2023.

On state profile analysis, the report showed the average retail price per gallon of Kerosene in kano was N6,862.50 while Adamawa and Yobe are N6,266.05 and N6,120.41 respectively.

The statistics showed Kano recorded the highest in price compared to others.

“On the other hand, Kwara recorded the lowest price with N4,226.40, followed by Delta and Akwa Ibom with N4,300.00 and N4,356.67 respectively.

“Analysis by zone showed that the North-East recorded the highest average retail price per gallon of Household Kero sene with N5,922.63, followed by the North West with N5,538.58, while the North-Central recorded the lowest with N4,634.60.”

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