Nigeria’s most widely consumed transport fuel, Premium Motor Spirit, also known as Petrol, maintained a strong upward trajectory, as the average retail price paid by consumers rose to N1,596.25 per litre in May from N1,027.76 in the corresponding period last year, representing an annual increase of 55.31 per cent. However, every month, the inc...
•Kerosene queue Poor Nigerians will have to pay more to get their meals cooked, as the rise in inflation rate to 31.70 per cent in February, has led to an equal increase in price of Household Kerosene (HHK), to N1,340 per litre. Data from a newly released report, ‘National Household Kerosene Price Watch’ for February […]
Consumers in December 2023 experienced a spike in the average retail price of kerosine 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, reports The PUNCH. The latest report of the Nigerian Bureau of Statistics obtained today indicates on a year-on-year basis, the...

