Price of kerosene surges to N1,354.50 per litre


The price of Household Kerosene (HHK) paid by consumers in Nigeria rose to N1,354.40 in March 2024.

The National Bureau of Statistics, NBS, disclosed this in its March HHK price watch.

The figure represented an increase of 1.00 per cent compared to N1,340.94 recorded in February 2024.

However, on a year-on-year basis, the average retail price per litre of the product rose by 18.55 per cent from N1,142.46 in March 2023.

On state profile analysis, the highest average price per litre in March 2024 was recorded in Kaduna with N1,875.00, followed by Benue with N1,773.74 and Niger with N1,719.36.

Conversely, the lowest price was recorded in Rivers with N1,070.79, followed by Sokoto with N1,095.33 and Kwara with N1,110.90.

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