Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (February 2024)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in February 2024 was N1,340.94, showing an increase of 0.86% compared to N1,329.53 recorded in January 2024. On a year-on-year basis, the average retail price per litre of the product rose by 14.23% from N1,173.89 in February 2023. On state profile analysis, the highest average price per litre in February 2024 was recorded in Kaduna with N1,866.67, followed by Benue with N1,769.67 and Niger with N1,710.89. On the other hand, the lowest price was recorded in Bayelsa with N971.00, followed by River…