Recent data from the National Bureau of Statistics (NBS) indicates that the cost of household kerosene has continued its upward trajectory across Nigeria, with prices in some states approaching the N4,000 per litre mark.
NBS Report Highlights Steep Increases
According to the latest NBS Household Kerosene Price Watch, the national average price per litre has climbed significantly in recent months. Several states have recorded some of the highest retail rates, with certain locations now edging close to N4,000. This reflects continued pressure on household energy costs across the country.
Factors Driving the Price Surge
The statistics show that kerosene prices have risen steadily over time, driven by broader inflationary trends, distribution costs, and fluctuations in the energy market. While the national average remains below the N4,000 mark, state-level variations reveal sharp disparities, with some regions paying significantly higher rates than others.
Impact on Households
Energy consumers across the country have continued to feel the impact, as kerosene—still a major cooking fuel for many households—becomes increasingly expensive. This has pushed some families to seek alternative energy sources, such as liquefied petroleum gas or firewood, to cope with rising costs.
Broader Economic Context
The NBS data underscores a sustained rise in household energy costs, highlighting the broader strain of inflation on essential commodities in Nigeria. The continued increase in kerosene prices adds to the financial burden on low-income households, who spend a significant portion of their income on cooking fuel.
