Household kerosene price increases by 0.42% per litre

Chinazor Megbolu |

The National Bureau of Statistics (NBS) reported that the average price per litre for Kerosene has increased from N346.53 in August 2020 to N347.98 in September 2020.

The data released by the agency showed that the average price per litre paid by consumers for National Household Kerosene rose by 0.42 per cent month-on-month and by 9.27 per cent year-on-year, from N346.53 in August 2020 to N347.98 in September 2020.

The report also declared that States with the highest average price per litre of kerosene were Taraba (N421.43), Ebonyi (N406.67), and Benue (N402.78); while the States with the lowest average price per litre of kerosene were Bayelsa (N256.67), Kebbi (N272.22), and Rivers (N280.83).

The data across the zones listed the average price per litre was highest in the South East, followed by North East, North Central, South West, South-South and North West.

The NBS report further posited that the average price per gallon paid by consumers for National Household Kerosene also rose by 0.92 per cent month-on-month and by 1.02 per cent year-on-year, from N1,218.48 in August 2020 to N1,229.66 in September 2020.

It also added that the States with the highest average price per gallon of kerosene were Ekiti (N1,380.00), Kebbi (N1,369.23), and Katsina (N1,368.75); while the States with the lowest average price per gallon of kerosene were Osun (N1,035.67), Delta (N1,051.36), and Rivers (N1,097.78).

Across the zones, the average price per gallon was highest in the North West, followed by North Central, North East, South East, South West and South-South zone.