Business
See The Current Price Of Kerosene In Nigeria Today
See The Current Price Of Kerosene In Nigeria Today
According to data from the National Bureau of Statistics (NBS), the price of Household Kerosene (HHK) in Nigeria surged to N1,354.40 per litre in March 2024. This marked a 1.00% increase compared to the previous month’s price of N1,340.94……READ ALSO Average Price Of Kerosene Hit N1,041.05 Per Litre In October – NBS
On a year-on-year basis, the average retail price of kerosene per litre rose by 18.55% from N1,142.46 in March 2023.
A state profile analysis revealed that Kaduna had the highest average price per litre of kerosene in March 2024, reaching N1,875.00. This was followed by Benue at N1,773.74 and Niger at N1,719.36.
Conversely, the lowest kerosene prices were recorded in Rivers (N1,070.79), Sokoto (N1,095.33), and Kwara (N1,110.90).
The significant increase in kerosene prices poses challenges for Nigerian consumers, particularly those reliant on it for cooking and lighting in their households.
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