Household kerosene prices surged by 57.18 per cent, reaching N1,272.40 per litre in August, according to the National Bureau of Statistics.
The NBS’ National Household Kerosene Price Watch report noted that this sharp increase from last year’s N809.52 in August 2022 highlighted escalating energy costs.
The report revealed an uptick on a month-on-month basis, with the average price per litre at N1,272.40, a concerning 0.92 per cent rise from July’s N1,260.81.
State-level analysis shows substantial pricing disparities.
Adamawa led at N1,745.83 per litre, trailed closely by Benue at N1,468.33 and Abuja at N1,486.89.
Conversely, Jigawa offered a more affordable HHK at N1,000.00, followed by Edo at N1,104.78 and Kaduna at N1,121.79.
Regionally, the North-Eastern part of Nigeria faced the highest average price per litre at N1,370.64, followed closely by the South-East at N1,332.49.
