Price Of Kerosene Increased To N289 In August – NBS

The National Bureau of Statistics, NBS, said the price of National Household Kerosene, NHK, paid by consumers increased in August to N288.75 from N276.87 recorded in July.

The NBS disclosed this in its August 2018 “National Household Kerosene Price Watch” released in Abuja on Friday.

The bureau said the price increased by 4.29 per cent month-on-month and 28.04 per cent year-on-year.

The report said the states with the highest average price per litre of kerosene were Abuja N333.33, Yobe N332.86 and Enugu states N326.67.

It said that states with the lowest average price per litre of kerosene were Borno N237.61; Abia N237.08 and Kogi N233.33.

“The average price per gallon paid by consumers for National Household Kerosene increased by 8.40 per cent month-on-month and by 10.85 per cent year-on-year to N1,084.24 in August from N1,000.19 in July.

“States with the highest average price per gallon of kerosene are Kaduna N1185.00; Kebbi N1177.78 and Kano N1170.59.

“Also, states with the lowest average price per gallon of kerosene are Zamfara N1002.78; Oyo N1002.25 and Rivers N933.33,’’ it said.

Similarly, the bureau said the price paid by consumers for Automotive Gas Oil (Diesel), also increased from N204.32 recorded in July to N207.98 in August.

The bureau also disclosed this in its August 2018 Automotive Gas Oil (Diesel) Price Watch released in Abuja.

It said the price of diesel increased by 1.79 per cent month-on-month and 5.99 per cent year-on-year in the period under review.
The NBS named the states with the highest average price of diesel to be Borno; N242.86 Taraba; N231.67 and Sokoto; N228.33.

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