Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (August 2024)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in August 2024 was N1,847.59, showing an increase of 4.39% compared to N1,769.86 recorded in July 2024. On a year-on-year basis, the average retail price per litre of the product rose by 45.21% from N1,272.40 in August 2023. On state profile analysis, the highest average price per litre in August 2024 was recorded in Zamfara with N2,566.67, followed by Kano with N2,444.44 and Ogun with N2,388.89. On the other hand, the lowest price was recorded in Taraba with N1,181.18, followed by Adamawa with N…