The North Central region of Nigeria recorded the highest average price for kerosene per litre in December 2024, standing at ₦2,278.8

Key Takeaways: 

  • The northern regions of Nigeria experienced higher prices than the southern regions, except for the North East.
  • The North Central region had the highest average kerosene cost, while the South East reported the lowest.
  • There is a significant price difference of about ₦483.7 between the region with the highest price (North Central) and the region with the lowest (South East).
  • Households in the North Central region will likely spend a larger portion of their budget on kerosene than those in the South East region.

As of December 2024, kerosene prices across Nigeria exhibit notable differences by region. The North Central region has the highest average price at ₦2,278.8 per litre, with the North West following closely at ₦2,203.2 per litre.

The South-South region ranks third with an average cost of ₦2,098.0 per litre, while prices in the South West are slightly lower at ₦2,023.4 per litre. The North East and South East regions offer the most economical prices at ₦1,834.8 and ₦1,795.1 per litre, respectively.

Source:

National Bureau of Statistics

Period:

December 2024
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