Nigeria’s energy crisis has continued to worsen with prices of household kerosene and diesel spiking by as high as 105.70 percent and 202.67 per cent respectively between June 2021 and June 2022.
While the average retail price per litre of Household Kerosene paid by consumers in June 2022 increased by 12.09 per cent on a month-on-month basis from N679.54 in May 2022 to N761.69 in June 2022 and 105.70 percent on a year-on-year basis, from N370.29 in June 2021. The state profile analysis showed that the highest average price per litre of kerosene in June 2022 was recorded in Ogun with N961.54, followed by Enugu with N961.11 and Ekiti with N926.47.
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