The National Bureau of Statistics (NBS) has said that the average price of kerosene rose by 6.10% in December 2021.
It increased from N441.06 in November 2021 to N467.97 in December 2021, according to NBS document titled: “National Household Kerosene Price Watch December 2021.”
The Bureau noted that on year on year basis, the price was hiked by 32.65% from N353.79 in December 2020 to N467.97 I. December 2021.
“The average price per litre of Household Kerosene paid by consumers in December 2021 was N467.97, an increase of 6.10 percent on a month on month basis from N441.06 in November 2021.
“On a year on year basis, the average price of the product increased by 32.65 percent from N353.79 in December 2020 to N467.97 in December 2021,” NBS said.
The document said that the top three States with the highest average price per litre in December 2021 were Ebonyi, Abia and Ekiti with N687.50, N585.00 and N552.08 respectively.
Besides, it said the States with the lowest average prices per litre were Bayelsa, Kwara and Nasarawa with N300.00, N355.60 and N384.85 respectively.
The document said on the other hand the average price per gallon of Household Kerosene paid by consumers increased by 2.51 percent on a month on month basis from N1544.01 in November 2021 to N1582.73 in December 2021.
It noted that the year-on-year analysis shows that, the average price per gallon of kerosene increased by 34.63percent from N1175.59 in December 2020 to N1582.73 in December 2021.
NBS said the top three states with the highest price Cross River, Lagos and Jigawa with N2035.94, N2015.79 and N2004.44 respectively while the three states with the lowest price were recorded in Adamawa, Yobe and Borno with N1006.25, N1164.29 and N1181.25 respectively.
