Average retail price of kerosene up 136% in one year

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The statistics office observed that the average retail cost of kerosene in December 2022 was N1,104, indicating an increase of 1.94 per cent compared to N1,083.57 recorded in November 2022.

In the document titled “National Household Kerosene Price Watch December 2022,” the statistics office observed that the average retail cost of kerosene in December 2022 was N1,104, indicating an increase of 1.94 per cent compared to N1,083.57 recorded in November 2022.

State price watch shows the highest average retail price for kerosene was recorded in Abuja at N1,383, followed by Akwa Ibom at N1,341 andOn the other hand, the lowest price was recorded in Bayelsa as a litre sold for N864, followed by Jigawa at N904 and Rivers at N916. Abia recorded the highest average retail price per gallon of kerosene across the states at N4,546, followed by Kwara at N4,515 and Enugu at N4,426.

 

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