Nigeria's economic hardship has continued with fuel prices continuing to soar in March 2024, caused mainly by the current economic reforms embarked upon by the Bola Tinubu administration, the dynamics of international energy rates as well as Nigeria’s inability to refine its fuels locally. 

Kerosene Averaged N1,362 per litre  in December 2023 – NBS   Consumers in December 2023 experienced a spike in the average retail price of kerosene reaching N1,362.27 per litre nationwide. This marked a 5.84 per cent increase compared to the N1,287.10 recorded in November 2023. The latest...

Kerosene Price Rose By 102.37% In One Year - NBS   From N3,778.30 per five kilogramme of the Liquefied Petroleum Gas (LPG) in March, last year, the average average retail price rose to N4,610.48 last month. The National Bureau of Statistics (NBS) made this known in its...

Report Reveals Kerosene Soared By 136% To N1,105 In December, 2022   The average retail price per litre of household kerosene rose by 136 per cent to N1,105 in December 2022 from N468 in the same period of the previous year, the latest data released by...

Kerosene Price Up By 118.08% In One Year - NBS   Household kerosene may go beyond the reach of poor Nigerians as the price of the commodity has risen by 118 per cent in the last 12 months. According to the National Household Kerosene report of the...

Cooking Gas Price Hits 105% In 12 Months   The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months. This follows an increase from N2200 in August 2021 to N4500 in August...