Kerosene Price in Nigeria Ranked 12th Cheapest Worldwide
- New data has revealed that Nigeria has emerged as the 12th cheapest country in the world for kerosene
- Iran is ranked the cheapest in the world, while another African country Seychelles tops the list as the most expensive
- Kerosene is a vital household energy source in Nigeria, with millions of families relying on it for cooking, heating, and lighting
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Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Nigeria has emerged as the 12th cheapest country in the world for kerosene prices, according to the latest global data published by GlobalPetrolPrices.com.
The data, which compared kerosene prices across 61 countries, showed that Nigerians currently pay an average of N1,013.7 per litre.
Source: Getty Images
According to the data, the cheapest country to buy kerosene is Iran, where it costs as little as N4.38 per litre.
Other countries with cheaper kerosene include Egypt, Kuwait, Bolivia, Saudi Arabia, Bahrain and India
Conversely, Seychelles is the world’s most expensive country to buy kerosene at over N3,265. per litre.
Nigeria's price is just behind Barbados and slightly ahead of Trinidad and Tobago in the global ranking.
Here is the top 10 cheapest globally
- Iran: N4.39
- Egypt: N490.74
- Kuwait*: N577.02
- Bolivia: N601.55
- Saudi Arabia*: N649.98
- Bahrain*: N651.07
- India*: N783.28
- Sri Lanka*: N940.45
- Cameroon*: N956.53
- Pakistan*: N963.59
- Barbados: N964.67
- Nigeria: N1,013.75
Source: Getty Images
10 states with the lowest Kerosene price in Nigeria
In a related report, the National Bureau of Statistics has revealed that kerosene prices in Nigeria increased in June 2025.
The bureau stated this in its latest price watch report released on its website.
According to the report, the average retail price per litre of household kerosene (HHK) for paid by consumers stood at N2,192.63 in June 2025.
This reflects an increase of 0.80% compared to N2,175.29 recorded in May 2025.
On a year-on-year basis, the average retail price per litre of the product rose by 41.00% from N1,555.11 in June 2024.
Also, the average retail price per gallon of household kerosene paid by consumers in June 2025 was N8,684.15, indicating an increase of 2.38% from N8,482.22 in May 2025.
On a year-on-year basis, this represents a 52.39% increase from N5,698.68 in June 2024.
Here are the 10 cheapest states to buy 1 litre of kerosene in Nigeria
- Abia: N1,659.35
- Oyo: N1,766.12
- Bayelsa: N1,796.46
- Ekiti: N1,835.84
- Kogi: N1,868.86
- Bauchi: N1,907.40
- Nasarawa: N1,987.51
- Benue: N2,006.16
- Zamfara: N2,011.72
- Jigawa: N2,046.54
FG moves to increase access to cooking gas
Earilier, Legit.ng reported that Nigeria's commitment to deliver clean and deepen access to cooking gas received a major boost as President Bola Ahmed Tinubu has commissioned the WAGL Energy Limited's 40,000 cubic metres (CBM) Liquefied Petroleum Gas (LPG) vessel, christened "MT Iyaloja (Lagos).
With this addition, WAGL’s fleet now comprises five LPG carriers, including MT Africa Gas, MT Sahara Gas, MT BaruMK and MT Sapet and total capacity of 162,000 cubic meters.
Source: Legit.ng
