Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (January 2024)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in January 2024 was N1,329.53, indicating a decline of 2.40% compared to N1,362.27 recorded in December 2023. On a year-on-year basis, the average retail price per litre of the product rose by 15.27% from N1,153.40 in January 2023. On state profile analysis, the highest average price per litre in January 2024 was recorded in Kaduna with N1,833.33, followed by Benue with N1,766.67 and Niger with N1,703.70. On the other hand, the lowest price was recorded in Bayelsa with N969.70, followed by Rivers…