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Kerosene Price Now Over N2000 Per Litre, Puts Strain On Nigerian Households - Politics - Nairaland 5s4a3o

Kerosene Price Now Over N2000 Per Litre, Puts Strain On Nigerian Households (827 Views)

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iwaeda: 3:48pm On Nov 20, 2024
The bureau in its latest report on price watch revealed that the price per litre and gallon of kerosene has risen both month on month and year on year with residents in the North Central region paying the highest average retail price, with Abuja, Kaduna, and Akwa Ibom leading the list.

The National Bureau of Statistics (NBS) report has revealed that price of kerosene has significantly increased again, adding more strain to household expenditures.

The bureau in its latest report on price watch revealed that the price per litre and gallon of kerosene has risen both month on month and year on year with residents in the North Central region paying the highest average retail price, with Abuja, Kaduna, and Akwa Ibom leading the list.


According to the report published on its website, NBS revealed that the average retail price per litre of Household Kerosene (HHK) paid by consumers in October 2024 increased to N1,957.44 per litre. This represents a 3.07% increase compared to the price of N1,957.44 recorded in September 2024.

On a year-on-year basis, the average retail price per litre of the product has risen by 54.81% from N1,303.16 in October 2023.

The report further revealed that average retail price per gallon of Household Kerosene paid by consumers in October 2024 increased by 1.94% to N6,949.75, from N6,818.11 in September 2024.


On a year-on-year basis, this increase represents a 51.68% rise from N4,581.89 in October 2023.

According to State-wise analysis of kerosene prices, the report revealed that the highest average price per litre in October 2024 was recorded in Abuja, with N2,875.00, followed by Akwa Ibom with N2,518.89 and Kaduna with N2,500.79.

On the other hand, the lowest price was recorded in Borno, with N1,500.30, followed by Bayelsa with N1,500.67 and Adamawa with N1,679.19.

Furthermore, when analyzing prices by zone, the North Central region recorded the highest average retail price per litre of Household Kerosene, with N2,242.67, followed by the North-West with N2,168.28.

In contrast, the South-East recorded the lowest price, with N1,772.94.

On State-wise analysis by gallon, the report showed that Katsina recorded the highest average retail price per gallon of Household Kerosene, with N8,900.50, followed by Jigawa with N8,500.00 and Kebbi with N8,300.

On the other hand, Adamawa recorded the lowest price, with N5,300.44, followed by Nassarawa and Niger with N5,325.41 and N5,381.88, respectively.

On zonal level analyses, the North-West recorded the highest average retail price per gallon of Household Kerosene, with N8,070.54, followed by the South-East with N7,760.01, while the North-Central recorded the lowest, with N6,176.20.

Meanwhile this comes as petrol prices in Nigeria continue to fluctuate, with the current average price standing at N1120 per litre.

The country's history with petrol prices has been marked by significant increases over the years, with prices rising from as low as N6000 to N9000 per litre in the 1960s and 1970s to the current rates.

Also, cooking gas has significantly increased forcing Nigerians to seek for alternative like wood for cooking.


https://saharareporters.com/2024/11/20/kerosene-price-now-over-n2000-litre-puts-strain-nigerian-households

1 Like

mrvitalis(m): 3:52pm On Nov 20, 2024
Kerosene is ₦2000 a litre and a human being with a functional brain who buys petrol at ₦1050 would tell you there is no more Subsidy on petrol

Note ; diesel is the most expensive petroleum product followed by petrol then kerosene... It's impossible to gave petrol cheaper than kerosene by almost 50% without subsidy for the ignorant ones who can't read

Nigerians are so of the most ignorant people on earth

1 Like

richmond500: 3:52pm On Nov 20, 2024
Fuel stations doesn't sell kerosene though.
Most kerosene are products of illegal bunkery

13 Likes

VillageOracle00: 3:55pm On Nov 20, 2024
shocked shockedπŸ’―πŸ’―
richmond500: 3:55pm On Nov 20, 2024
mrvitalis:
Kerosene is ₦2000 a litre and a human being with a functional brain who buys petrol at ₦1050 would tell you there is no more Subsidy on petrol


Nigerians are so of the most ignorant people on earth
Omo, Comparing the price of two petroleum products with different chemical makeups and attaching subsidy to it.

Na WA o.

7 Likes

Tochi3(m): 3:57pm On Nov 20, 2024
grin grin grin

..hellanuis..where are thou..bring your as..here...& chant toh.. grin grin

..come see the achievement of bobo Chicago..In your emilokan face.. grin grin

..hellanuis..bring the anuis from hell immediately & claim this wΓΆnderful acheivement of bulaba.. grin grin

..won't you..? grin

grin grin grin

3 Likes

phorget(m): 4:05pm On Nov 20, 2024
Speechless.
jmoore(m): 4:07pm On Nov 20, 2024
Dangote no dey produce kerosene?
MASTAkiLLAh(m): 4:08pm On Nov 20, 2024
Any opportunity to punish Nigerians must be utilized by government

1 Like

Larryfest(m): 4:09pm On Nov 20, 2024
Petrol price might get there too very soon, gas is already 1.500 per kg..

The renewed shege is just on another level, no mercy at all from BAT.
RoyalBlu(f): 4:21pm On Nov 20, 2024
Once upon a not too distant time, a litre of kerosene was less than #500. sad

Gas price too has pushed up this week.

Wetin we do this our government people. Ah!
fuckingAyaya(m): 4:45pm On Nov 20, 2024
Even people cooking with firewood and local stoves aren't spared of tpain's dagger strike, omo the man plan to finish una patapata b4 December.
richmond500: 4:48pm On Nov 20, 2024
RoyalBlu:
Once upon a not too distant time, a litre of kerosene was less than #500. sad

Gas price too has pushed up this week.

Wetin we do this our government people. Ah!
I have bought a cocal cola bottle of kerosene at N30 before

9 Likes

FourQu: 4:51pm On Nov 20, 2024
Hehehe cheesy ebin pa wao

That's how we were focused on the rising price of rice only to lose sight of the price of beans 🫘 as it overtook the rice we were crying for cry

Same thing here, we are focused on the price of petrol meanwhile kerosene is doing 440kmph, speeding on the highway to oblivion sad

RoyalBlu(f): 5:22pm On Nov 20, 2024
richmond500:
I have bought a cocal cola bottle of kerosene at N30 before

Say what?
That must be over 15 years ago sad

See where we are now.
Kukutente23: 5:25pm On Nov 20, 2024
All those who voted this calamity into office despite the previous calamity deserve to be rounded up and shot!
richmond500: 5:26pm On Nov 20, 2024
RoyalBlu:


Say what?
That must be over 15 years ago sad

See where we are now.
I believed that was 2004, also Kerosene was N400 per litre in 2022 in Rivers state.

With the way the country deh progress, we may start eating grass before next election

7 Likes

Beremx(f): 5:28pm On Nov 20, 2024
So people still use kerosene? Can't the last time I saw a kerosene stove.

Kerosene ❌
Firewood and gas βœ…

1 Like

RoyalBlu(f): 8:06pm On Nov 20, 2024
richmond500:
I believed that was 2010, also Kerosene was N400 per litre in 2022 in Rivers state.

With the way the country deh progress, we may start eating grass before next election

Ah! It'll never get to that level for us.
richmond500: 8:46pm On Nov 20, 2024
Beremx:
So people still use kerosene? Can't the last time I saw a kerosene stove.

Kerosene ❌
Firewood and gas βœ…
depends on where u live.
There are kerosene stove in the SS region

8 Likes

iwaeda: 8:54am On Nov 22, 2024
Beremx:
So people still use kerosene? Can't the last time I saw a kerosene stove.

Kerosene ❌
Firewood and gas βœ…
Nlfpmod, kerosene cut ticket. grin grin grin grin
Great0ne1: 9:20am On Nov 22, 2024
richmond500:
I have bought a cocal cola bottle of kerosene at N30 before
90's kid
richmond500: 9:22am On Nov 22, 2024
Great0ne1:

90's kid
should kid be added to 90's grin

8 Likes

iwaeda: 10:42am On Nov 22, 2024
richmond500:
I have bought a cocal cola bottle of kerosene at N30 before
I bought Krest and Club lager beer bottles for N5-N10 grin grin grin grin
richmond500: 10:46am On Nov 22, 2024
iwaeda:

I bought Krest and Club lager beer bottles for N5-N10 grin grin grin grin
Crest for 5 naira?
I think I used to buy it 15naira that time, I can't sha
iwaeda: 9:28am On Nov 23, 2024
grin grin
iwaeda: 9:58am On Nov 23, 2024
richmond500:
Crest for 5 naira?
I think I used to buy it 15naira that time, I can't sha
Yes grin grin grin grin
Great0ne1: 2:16pm On Nov 23, 2024
richmond500:
should kid be added to 90's grin
I mean you are probably not an adult in 90's
stacyadams: 2:38pm On Nov 28, 2024
Beremx:
So people still use kerosene? Can't the last time I saw a kerosene stove.

Kerosene ❌
Firewood and gas βœ…


The idiot wey suppose look after my compound don sell my gas cooker,sell cylinder grin e no sell stove..I just say make I check price kerosene today..I dey see 2k..Omo...

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