Key takeaways:
The average kerosene price per litre varies across Nigerian states, ranging from ₦1,520.4 to ₦2,950. The highest cost of kerosene was observed in Abuja, followed closely by Akwa Ibom, which had an average price of ₦2,538.3, and Kaduna, where the average price was ₦2,510.6. In Lagos, the average price of kerosene was reported at ₦2,100.3, while in Oyo state, it was ₦2,165.1.
A total of twenty-one states in Nigeria reported kerosene prices exceeding ₦2,000, whereas only two states had prices below ₦1,600. Overall, the data illustrates the variations in kerosene prices across different states in Nigeria.
The United States dominates global natural gas production in 2024, contributing 1.03 trillion cubic metres (Tcm), nearly one-quarter of the world’s total.
Russia (0.63Tcm) and Iran (0.26Tcm) follow as the second and third largest producers.
China (0.25Tcm) and Canada (0.19Tcm) also feature strongly, rounding out the top five producers.
Collectively, these top five countries account for more than 50% of global production.
Emerging producers like Nigeria, Egypt, and Azerbaijan contribute significantly to the supply but remain far behind the leading nations.
