Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (July 2024)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in July 2024 was N1,769.86, showing an increase of 13.81% compared to N1,555.11 recorded in June 2024. On a year on-year basis, the average retail price per litre of the product rose by 40.37% from N1,260.81 in July 2023. On state profile analysis, the highest average price per litre in July 2024 was recorded in Akwa-Ibom with N2,383.33, followed by Oyo with N2,375.00 and Delta with N2,309.52. On the other hand, the lowest price was recorded in Adamawa with N1,171.11, followed by Taraba with N1,1…