Kerosene Prices Surge by 14.23% in Feb 2024 – NBS

Kerosene Prices Surge by 14.23% in Feb 2024 – NBS

According to the National Bureau of Statistics (NBS), in February 2024, consumers faced a substantial increase in the average retail price of Household Kerosene (HHK), climbing to N1,340.94 per litre, marking a notable 14.23% surge compared to the previous year’s rate of N1,173.89 in February 2023.

This sharp uptick in prices has raised concerns among households as they navigate the impact of these heightened costs on their budgets and daily expenses.