Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (December 2023)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in December 2023 was N1,362.27, Indicating an increase of 5.84% compared to N1,287.10 recorded in November 2023. On a year-on-year basis, the average retail price per litre of the product rose by 23.33% from N1,104.61 in December 2022. On state profile analysis, the highest average price per litre in December 2023 was recorded in Abuja with N1,650.00, followed by Ogun with N1,609.52 and Benue with N1,594.44. On the other hand, the lowest price was recorded in Kwara with N917.14, followed by River…