shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Kerosene Prices Rise By 57.18% In August — NBS

Kerosene Prices Rise By 57.18% In August — NBS

by Joshua
October 11, 2023
in Market Square

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 obtained by The PUNCH 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.

In contrast, the North-Western region experienced relatively lower prices at N1,163.25.

On gallon prices, consumers encountered an average cost of N4,351.53, reflecting a 1.06 per cent increase from July’s N4,306.07. On a year-on-year basis, this marked a 47.63 per cent rise from N2,947.65 in August 2022.

According to the report, Lagos emerged with the highest HHK prices, reaching a staggering N5,350.83 per gallon, followed closely by Katsina at N4,991.85 and Borno at N4,897.47.

However, Delta provided some relief, pricing HHK at N2,945.71 per gallon, followed by Rivers and Oyo at N3,287.50 and N3,711.79, respectively.

Further, gallon prices also demonstrated regional disparities, with the North-Eastern region experiencing the highest average at N4,637.71, closely shadowed by the South-East at N4,590.69.

In contrast, the South-South region offered a more affordable option at N3,727.30, reflecting the diverse economic challenges faced by different regions in the country.

 


Related Posts

NGX Closes Week  With  Market Capitalization Of N30.3 Trillion 

NGX Market Soars as Trading Volume Jumps 98%, Investors Gain N770bn

June 16, 2025
Ondo Govt. Cracks Down On Cocoa Adulteration

Ondo Govt. Cracks Down On Cocoa Adulteration

June 16, 2025
FG’s Reforms To Crash Food Prices – Minister

FG’s Reforms To Crash Food Prices – Minister

June 16, 2025
Tomato Farmers Attribute Price Hike To Sallah, Low Production

Tomato Farmers Attribute Price Hike To Sallah, Low Production

June 16, 2025

Latest News

Lagos Govt. Dismantles Illegal Checkpoints Along Badagry Expressway

Lagos Govt. Dismantles Illegal Checkpoints Along Badagry Expressway

July 8, 2025

Nigeria Customs Sensitises International Airline Operators on Currency Declaration

PHOTO NEWS Collaboration For Trade Facilitation

Vessels Expected At Lagos Ports As At 8th July, 2025

Nigerian Exporters Lament as Road Freight to Ghana via Benin, Togo Costs Over ₦10 Million Per Truck  

NIWA Responds to Lagos State’s Call to Halt Sand-Filling Approvals on Waterways 

Shippers’ Council Recovers Over N5.5 Million in Container Deposit Refunds, Demurrage Disputes in Q1

Why Naira-Yuan Swap Deal Has Minimal Impact on Nigeria-China Trade — CPPE 

Ivory Coast, Senegal, Togo Top Nigeria’s ECOWAS Trade Partners as Regional Trade Hits ₦1.27 Trillion in Q1 2025

At Last, NIMASA  Docks Deep Blue Vessel At Nigerdock

Nigeria Customs Denounces Fake CBT Shortlist Circulating Online

Nigeria, China Currency Swap Deal: A Baggage Of Failed Promises

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition