Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Economy Macro-Economic News

Price Watch: Nigerians paid less for Kerosene in December 2020

Johnson Uche by Johnson Uche
January 19, 2021
in Macro-Economic News, Spotlight
Average prices of Kerosene, Diesel and Cooking Gas in Nigeria
Share on FacebookShare on TwitterShare on Linkedin

The latest National Bureau for Statistics (NBS) Price Watch report for the month of December 2020 indicates that the average price per litre paid by consumers for National Household Kerosene reduced by 0.17% from N353.38 in November 2020 to N352.79 in December 2020.

Also according to the report, the average price per gallon paid by consumers for National Household Kerosene reduced by 3.52% from N1,218.50 in November 2020 to N1,175.59 in December 2020.

Price variations across states

  • In the month of December 2020, States with the highest average price per litre of kerosene include; Benue (N436.81), Ebonyi (N425.83) and Taraba (N423.33).
  • However, consumers in Bayelsa (N235.95), Rivers (N302.04) and Delta (N307.69) enjoyed the lowest average price per litre of kerosene.
  • Consumers in Kebbi (N1,534.21), Nasarawa (N1,488.00) and Benue (N1,450.00) paid the highest average price per gallon of kerosene.
  • While consumers in Sokoto (N733.33), Bayelsa (N773.75) and Adamawa (N822.00) on the other hand, paid the lowest average price per gallon of kerosene.

Prices across zones

  • Consumers in South-East zone paid the highest average price for a litre of Kerosene (N377.53), followed by North East (N370.13), North West (N354.66), North Central (N354.44) while consumers in South West(N337.57) and South South (N325.96) paid the lowest average price for a litre of Kerosene.
  • In respect of the average price paid for a gallon of Kerosene, consumers in North West zone paid the highest (N1,197.54), followed by North Central (N1,305.68), South East (N1,220.66), while consumers in South West (N1,161.00), North East (N1,113.25) and South-South(N1,037.60) paid the lowest average price of a gallon of kerosene.

Why this matters

Kerosene has remained an important source of energy for cooking for most families, both in the rural areas and cities. Kerosene is mostly used in rural areas as a source of lighting.

RelatedPosts

Inflation in Nigeria: What will happen to your money in the next days and weeks

Canada’s inflation jumps 7.7% in May, the highest since January 1983

Considering that food and lighting are very essential to life, it is therefore important that the price paid for Kerosene is quite reasonable and as well as affordable for most Nigerians.

Related

Tags: Kerosene

Comments 8

  1. Chimaobi Emmanuel okorie says:
    May 25, 2021 at 7:50 am

    My name is chimaobi Emmanuel o am from abia state leave in ABA also am electrical seller here in ABA by since October till now no more please I need FGN help to restart my business again and I leave 26 Nwaoruruaku st umungasi ABA

    Reply
  2. Muhammed mustapha says:
    June 14, 2021 at 6:02 pm

    Help me with money

    Reply
  3. Giwa Idris Alao says:
    June 19, 2021 at 1:33 pm

    How can I apply for the money

    Reply
  4. Adewumi Olalekan says:
    June 20, 2021 at 7:07 am

    How will I apply because I need it like seriAdewously

    Reply
  5. Ahmed Isa says:
    July 2, 2021 at 8:25 pm

    Help me with money please

    Reply
  6. Sunday Samson says:
    July 8, 2021 at 3:49 pm

    What’s the wibesite for the application?
    Though i have been applying and i haven’t benefit from any.

    Reply
  7. Lydia Ndorokeme says:
    November 5, 2021 at 9:18 am

    I was validated three weeks in RRR but the cash as not come when will it be pls I want know because it will help pay school fee. Thanks

    Reply
  8. Jafar Garba says:
    November 25, 2021 at 5:40 pm

    Good day please where were you registered and validated for RRR?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Hot forex
Cornerstone
Mega Millions
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB
Ikeja Electrics




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Fitch upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’
    • Fayose insists on a Southern president in 2023, unlikely to support Atiku
    • Top 5 reasons why you should consider France for your studies

    Follow us on social media:

    Recent News

    How Fidelity Bank is driving digital financial inclusion in Nigeria with impressive half year 2021 result

    Fitch upgrades Fidelity Bank’s issuer default rating from ‘B-’ to ‘B’

    June 29, 2022
    Ayo Fayose

    Fayose insists on a Southern president in 2023, unlikely to support Atiku

    June 29, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com