Price of kerosene falls 7.9%, diesel drops marginally

Price of kerosene falls 7.9%, diesel drops marginally

Vanguard

By Elizabeth Adegbesan

The average price paid by consumers for National Household Kerosene (NHK) fell to N400.01 per litre  this week.

This represents a 7.9 percent decline when compared to N434.39 per litre recorded in September ending of this year.

Similarly, prices paid by consumers per litre of Automotive Gas Oil (diesel)  fell by 0.16 per cent this week to N254.21 from N254.64 as of September  ending 2021.

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According to data from  globalpetrolprices.com, as of this week the price per gallon of kerosene stood at N1,514.20 while price per gallon of  Diesel stood at N962.29.

When compared to data from National Bureau of Statistics (NBS) NKH and Diesel watch for September, prices paid per gallon of NKH   fell by 1.73 percent.

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