Price Of kerosene Increases By 8.85 Per Cent In February

The National Bureau of Statistics (NBS) at the weekend said average prices of kerosene increased by 8.83 per cent from N350.55 per litre in January 2021 to N355.80 per litre in February 2021.

This was made known in its National Household Kerosene Price Watch (February 2021) of the NBS.

It said: “Average price per litre paid by consumers for National Household Kerosene increased by 1.50 per cent month-on-month and by 8.83 per cent year-on-year to N355.80 in February 2021 from N350.55 in January 2021”.

The report noted that states with the lowest average price per gallon of kerosene were Bayelsa (N792.22), Adamawa (N968.00) and Delta (N1,016.79).

It added that states with the highest average price per litre of kerosene were Taraba (N448.33), Benue (N447.50) and Ebonyi (N435.00).

The NBS noted that similarly, average price per gallon paid by consumers for National Household Kerosene increased by 1.94 per cent month-on-month and decreased by -0.76 per cent year-on-year to N1,214.24 in February 2021 from N1,191.13 in January 2021.

According to the report, states with the highest average price per gallon of kerosene were Kebbi (N1,660.00), Katsina (N1,561.38) and Nasarawa (N1,428.57).

NATION