Federal finance and statistics / National Bureau of Statistics

National Household Kerosene Price Watch (August 2023)

Executive Summary The average retail price per litre of Household Kerosene (HHK) paid by consumers in August 2023 was N1,272.40, indicating an increase of 0.92% compared to N1,260.81 recorded in July 2023. On a year-on-year basis, the average retail price per litre of the product rose by 57.18% from N809.52 in August 2022. On state profile analysis, the highest average price per litre in August 2023 was recorded in Adamawa with N1,745.83, followed by Benue with N1,468.33 and Abuja with N1,486.89. On the other hand, the lowest price was recorded in Jigawa with N1,000.00, followed by Edo with N1…