National Household Kerosene Price Watch

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1 National Household Kerosene Price Watch (DECEMBER 2017) Report Date: January 2018 Data Source: National Bureau of Statistics (NBS)

2 Contents Executive Summary 1 Kerosene Prices per litre Across States 2 Kerosene Prices per litre Across Zones 3 12 Months Prices per litre 4 Kerosene Prices per gallon Across States 5 Kerosene Prices per gallon Across Zones 6 12 Months Prices per gallon 7 Appendix - Tables 8 Methodology 10 Acknowledgment and Contact 11

3 Executive Summary price per litre paid by consumers for National Household Kerosene increased by 6.32% month-onmonth and 22.50% year-on-year to N in November 2017 from N in November States with the highest average price per litre of kerosene were Abia (N261.90), Abuja (N290.67) and Adamawa (N248.10). States with the lowest average price per litre of kerosene were Zamfara (N250), Yobe (N270) and Taraba (N266.67). Similarly, average price per gallon paid by consumers for National Household Kerosene decreased by -0.32% month-on-month and increased by 1.59% year-on-year to N1, in December 2017 from N1, in November States with the highest average price per gallon of kerosene were Adamawa (N1,196.00), Enugu (N1,165.00) & Gombe (N1,157.14). States with the lowest average price per litre of kerosene were Rivers (N907.89), Kwara (N926.25) and Abuja (N952.50). 1

4 National Household Kerosene Price Watch December 2017 Kerosene Prices per litre Across States = 22.50% N December 2016 AVERAGE N = 6.32% N November 2017 STATES WITH THE HIGHEST AVERAGE PRICES IN DECEMBER 2017 STATES WITH THE LOWEST AVERAGE PRICES IN DECEMBER 2017 Dec-17 % % Dec-17 % % ANAMBRA ZAMFARA ENUGU ADAMAWA EDO BAUCHI

5 National Household Kerosene Price Watch December 2017 Kerosene Prices per litre Across Zones AVERAGE NORTH WEST NORTH EAST NORTH CENTRAL WEST EAST N N N N N N Kebbi - N300 Zamfara - N250 Gombe - N Kogi - N285 Niger - N NW NE Bauchi - N240 Ekiti - N SW NC Anambra - N Ondo - N255 Edo - N SS SE Rivers - N Abia - N

6 National Household Kerosene Price Watch December Months Prices per litre January 17 February 17 March 17 April December May AVERAGE November 17 December 17 June October 17 September 17 August 17 July

7 National Household Kerosene Price Watch December 2017 Kerosene Prices per gallon Across States = 1.59% N1, December 2016 AVERAGE N1, = -0.32% N1, November 2017 STATES WITH THE HIGHEST AVERAGE PRICES IN DECEMBER 2017 STATES WITH THE LOWEST AVERAGE PRICES IN DECEMBER 2017 Dec-17 % % Dec-17 % % ADAMAWA ABUJA ENUGU KWARA GOMBE RIVERS

8 National Household Kerosene Price Watch December 2017 Kerosene Prices per gallon Across Zones AVERAGE NORTH WEST NORTH EAST NORTH CENTRAL WEST EAST N1, N1, N1, N N N1, Katsina - N1, Zamfara - N1, Adamawa - N1,196 Niger - N1,115 Kwara - N NW NE Bauchi - N9,78.57 Ekiti - N1, SW NC Enugu - N1,165 Ogun - N956 Edo - N1, SS SE Rivers - N Imo - N1,

9 National Household Kerosene Price Watch December Months Prices per gallon January 17 February 17 March 17 April December May AVERAGE November 17 December 17 June October 17 September 17 August 17 July

10 HOUSEHOLD KEROSENE (KEROSENE ) PRICE WATCH LITRE PRICE Year on Year % Month on Month % STATELABEL ITEMLABELSUnit of Measure Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 (Dec 2016-Dec 2017) Nov 2017-Dec 2017 Abia Kerosene 1 Litre Abuja Kerosene 1 Litre Adamawa Kerosene 1 Litre Akwa Ibom Kerosene 1 Litre Anambra Kerosene 1 Litre Bauchi Kerosene 1 Litre Bayelsa Kerosene 1 Litre Benue Kerosene 1 Litre Borno Kerosene 1 Litre Cross River Kerosene 1 Litre Delta Kerosene 1 Litre Ebonyi Kerosene 1 Litre Edo Kerosene 1 Litre Ekiti Kerosene 1 Litre Enugu Kerosene 1 Litre Gombe Kerosene 1 Litre Imo Kerosene 1 Litre Jigawa Kerosene 1 Litre Kaduna Kerosene 1 Litre Kano Kerosene 1 Litre Katsina Kerosene 1 Litre Kebbi Kerosene 1 Litre Kogi Kerosene 1 Litre Kwara Kerosene 1 Litre Lagos Kerosene 1 Litre Nassarawa Kerosene 1 Litre Niger Kerosene 1 Litre Ogun Kerosene 1 Litre Ondo Kerosene 1 Litre Osun Kerosene 1 Litre Oyo Kerosene 1 Litre Plateau Kerosene 1 Litre Rivers Kerosene 1 Litre Sokoto Kerosene 1 Litre Taraba Kerosene 1 Litre Yobe Kerosene 1 Litre Zamfara Kerosene 1 Litre AVERAGE Month-on-Month Year-on-Year STATES WITH THE HIGHEST AVERAGE PRICES IN NOVEMBER Anambra Enugu EDO STATES WITH THE LOWEST AVERAGE PRICES IN NOVEMBER Zamfara Adamawa Bauchi

11 Year on Year % Month on Month % STATELABEL ITEMLABELS Unit of Measure Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 (Dec 2016-Dec 2017) Nov 2017-Dec 2017 Abia Kerosene One gallon (4.5litres) Abuja Kerosene One gallon (4.5litres) Adamawa Kerosene One gallon (4.5litres) Akwa Ibom Kerosene One gallon (4.5litres) Anambra Kerosene One gallon (4.5litres) Bauchi Kerosene One gallon (4.5litres) Bayelsa Kerosene One gallon (4.5litres) Benue Kerosene One gallon (4.5litres) Borno Kerosene One gallon (4.5litres) Cross River Kerosene One gallon (4.5litres) Delta Kerosene One gallon (4.5litres) Ebonyi Kerosene One gallon (4.5litres) Edo Kerosene One gallon (4.5litres) Ekiti Kerosene One gallon (4.5litres) Enugu Kerosene One gallon (4.5litres) Gombe Kerosene One gallon (4.5litres) Imo Kerosene One gallon (4.5litres) Jigawa Kerosene One gallon (4.5litres) Kaduna Kerosene One gallon (4.5litres) Kano Kerosene One gallon (4.5litres) Katsina Kerosene One gallon (4.5litres) Kebbi Kerosene One gallon (4.5litres) Kogi Kerosene One gallon (4.5litres) Kwara Kerosene One gallon (4.5litres) Lagos Kerosene One gallon (4.5litres) Nassarawa Kerosene One gallon (4.5litres) Niger Kerosene One gallon (4.5litres) Ogun Kerosene One gallon (4.5litres) Ondo Kerosene One gallon (4.5litres) Osun Kerosene One gallon (4.5litres) Oyo Kerosene One gallon (4.5litres) Plateau Kerosene One gallon (4.5litres) Rivers Kerosene One gallon (4.5litres) Sokoto Kerosene One gallon (4.5litres) Taraba Kerosene One gallon (4.5litres) Yobe Kerosene One gallon (4.5litres) Zamfara Kerosene One gallon (4.5litres) AVERAGE Month-on-Month Year-on-Year STATES WITH THE HIGHEST AVERAGE PRICES IN NOVEMBER Adamawa Enugu Gombe STATES WITH THE LOWEST AVERAGE PRICES IN NOVEMBER ABUJA KWARA RIVER HOUSEHOLD KEROSENE (KEROSENE ) PRICE WATCH GALLON OF 4.5LITRES PRICE

12 Methodology Field work is done solely by over 700 NBS Staff in all States of the federation supported by supervisors who are monitored by internal and external observers. Fuel Prices are collected across all the 774 local governments across all States and the FCT from over 10,000 respondents and locations and reflect actual prices households state they actually bought those fuels together with the prices reportedly sold by the fuel suppliers. The average of all these prices is then reported for each state and the average for the country is the average for the state. NBS audit team subsequently conducts randomly selected verification of prices recorded

13 Acknowledgements/Contacts Acknowledgements We acknowledge our technical partners, Proshare in the design, concept and production of this publication. Contact NBSNigeria Head Office Address Plot 762,IndependenceAvenue,Central Business District,FCT, Abuja Nigeria

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