Kerosene Price Decreases By 11.59 % In March

The average price per litre of household kerosene
in March was lower by 11.59 per cent at N311.56k
compared with N352.42k in February, the National
Bureau of Statistics (NBS), said. WAITING: Queue for kerosene at a Nigerian National Petroleum Corporation, NNPC, Mega Filling Station in Yelwa, Bauchi State. The “National Household Kerosene Price Watch
(March 2017)’’ in the Consumer Price Index for the
month, released in Abuja on Thursday, indicates,
however, that the rate was higher by 39.50 per
cent year-on-year. It listed the states with the highest average price
per litre of kerosene as Taraba (N347.22), Plateau
(N340.48) and Cross River (N399.71). The states with the lowest average price per litre of
the product during the month were Gombe
(N273.81), Zamfara (N271.57) and Oyo (N267.54),
the bureau added. Similarly, the report indicates that average price
per gallon paid by consumers for Kerosene
decreased by 14.15 per cent month-on-month. It adds that the gallon price increased by 53.84 per
c