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Price of Kerosene in Nigeria Increase by 25% in 1 Year, Gas by 1.7%

As the cost of living continue to rise in the country, the prices of food and cooking fuel has also gone up.

The National Bureau of Statistics (NBS) in a latest report has disclosed that the prices of kerosene and cooking gas increased by 25.18% and 1.7% respectively in the last 1 year.

The average retail price per liter of household kerosene increased from N1,041.05 in October 2022 to N1,303.16 in October 2023.

https://twitter.com/NBS_Nigeria/status/1727299591207588150?t=iJxaA51nCE0AvfXSPot6Cg&s=19

Meanwhile, for liquefied petroleum gas also known as cooking gas, the average retail price for refilling a 5kg cylinder increased from N4,483.75 in October 2022 to N4,562.51 in October 2023, indicating a 1.7% increase year-on-year.

https://twitter.com/NBS_Nigeria/status/1727343466370171357?t=tcmEMu0Ets0CiT36mtdwtg&s=19

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