Average price per litre of kerosene up in August — NBS

The average price per litre paid by consumers for National Household Kerosene increased to N319.94 in August 2019 from N316.03 in July, according to the National Bureau of Statistics (NBS).

The bureau, in its “National Household Kerosene Price Watch (August 2019)” obtained from its website on Tuesday in Abuja, said the increase is by 1.24 percent month-on-month and 10.80 percent year-on-year.

The report by the bureau indicates that states with the highest average price per litre of kerosene were Abia, N375.55; Enugu, N365.47; and Ebonyi, N358.33.

It also said that states with the lowest average price per litre of kerosene were Abuja, where it sold for N245.50; Kwara, N261.11; and Benue, N261.90.

“Similarly, average price per gallon paid by consumers for kerosene increased by 0.19 percent month-on-month and by 11.92 percent year-on-year to N1, 213.53 in August 2019 from N1, 211.18 in July.

“States with the highest average price per gallon of kerosene were Gombe, N1, 400; Adamawa, N1, 360.00; and Borno, N1, 355.

“States with the lowest average price per gallon of kerosene were Bayelsa, N1, 030; Akwa Ibom, N1, 079.58; and Osun,N1, 085.22.”

The NBS said that in arriving at the statistics, field work was carried out by its staff in all states of the federation, supported by supervisors who were monitored by internal and external observers.