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Price of Kerosene rose by 6.10% in December – NBS

The average price of kerosene in Nigeria rose ton6.10% in December 2021.

The National Bureau of Statistics (NBS) disclosed this in a document titled “National Household Kerosene Price Watch December 2021.”

NBS said the the price of kerosene increased from N441.06 in November 2021 to N467.97 in December 2021.

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.

While the States with the lowest average prices per litre were Bayelsa, Kwara and Nasarawa with N300.00, N355.60 and N384.85 respectively.

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.

NBS said, “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.”

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