Marketers Adjust Price of Kerosene As Cooking Gas Price Falls [Video]

• Kerosene price has once again increased, leaving many Nigerian households with more tough decisions to make
• The NBS report shows that both the price of a gallon and a litre of kerosene increased month on month and year on year
• The highest average price was recorded in Akwa-Ibom, Oyo and Delta, while the lowest price was recorded in Adamawa, Taraba

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The National Bureau of Statistics has revealed that the average retail price per litre of Household Kerosene (HHK) paid by consumers in July 2024 was N1,769.86.

This is an increase of 13.81% compared to the N1,555.11 average price for a litre recorded in June 2024.

On a year-on-year comparison, the average kerosene price in July is 40.37% from N1,260.81 in July 2023.

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