Plateau, Nassarawa, Bayelsa Top Highest Cost Of Kerosene In Feb 2018

Price index of kerosene released by Nigeria’s National Bureau of Statistics (NBS), has shown that Plateau Nassarawa, and Bayelsa states had the highest cost of the product per litre.

In a report on its website on Tuesday, the NBS observed that the average price per litre paid by consumers for household kerosene decreased by 0.10 per cent to N288.57 in February 2018 from the average price of N288.85 recorded in January.

The price index showed that Plateau state had the highest average price per litre of kerosene in February 2018 at N319.44 with Nassarawa state in second place with the average price per litre for the month at N316.7.

Bayelsa was pegged third with highest average price per litre of Kerosene at N315.28.

Kebbi state had the lowest average price per litre of kerosene at N257.3 in February 2018. Oyo state recorded the second lowest at N260.5 and Niger state had the third lowest average price per litre of kerosene in February 2018 at N262.5.

Compared to February 2017 at N1, 366.08, the average price per gallon of kerosene decreased by 24.58 per cent to N1, 030.33 in February 2018.

The state with the highest average price per gallon of kerosene was Kebbi state at N1,203.13. Borno state was the second highest with the price average of N1,187.50 and Niger state with the third highest average at N1,184.38.