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Kerosene Price Declines By 6.60% In January -NBS

The National Bureau of Statistics (NBS) has said the average retail price of Household Kerosene fell by 6.60% in January 2022.

It noted that the price declined from N467.97 in December to N437.11 in January.

In its document titled: Household Kerosene Price Watch (January 2022,” the NBS said: “The average retail price per litre of Household Kerosene (HHK) paid by consumers in January 2022 stood at N437.11 from N467.97 in December 2021 showing a decrease of 6.60 per cent on a month-on-month.”
It also noted that on a year-on-year comparison, the average price increased by 24.69 per cent from N350.55 in January 2021.

According to the document, top three states with the highest average price per litre in January 2022 were Ebonyi with N652.78 followed by Cross River with N550.00 and Enugu with N527.78.

States with the lowest average prices per litre were Bayelsa, Sokoto and Jigawa with N277.78, N321.43 and N326.39 respectively.

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