Kerosene price decreases by 18.77% in February

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The National Bureau of Statistics (NBS) said that average price per litre paid by  consumers for National Household Kerosene, decreased by 18.77 per cent month-on-month in February, The Guardian reports.

The bureau announced this in a “National Household Kerosene Price Watch (February 2017)’’ released on Tuesday in Abuja. The report, however, stated that average price per litre paid by consumers increased by 31.34 per cent year-on-year to N352.42 in February, from N433.84 in January.

It stated that the states with the highest average price per litre of kerosene were Lagos, which sold the product for N455; Ogun N425.44 and Ondo, which sold it for N424.07. “States with the lowest average price per litre of kerosene were Sokoto State, which sold for N295.24; Gombe, N291.67 and Katsina State, which sold for N286.11.