Kerosene price drops slightly in May 2026: Sokoto, Jigawa, Taraba top list

By

The average retail price of Household Kerosene fell to N2,971.94 per litre in May 2026, down by 0.17% from N2,976.94 in April 2026. This is according to the National Bureau of Statistics (NBS) Household Kerosene Price Watch report.

On a year-on-year basis, the price jumped by 36.62% compared to N2,175.29 recorded in May 2025.

Sokoto state recorded the highest average kerosene price at N3,984.09 per litre. Jigawa followed with N3,824.68, and Taraba came third at N3,595.64.

Bayelsa had the lowest average price at N2,018.79 per litre. Kogi and Ekiti followed with N2,348.81 and N2,511.31 respectively.

Top 10 states with highest kerosene prices per litre

Sokoto - N3,984.09
Jigawa - N3,824.68
Taraba - N3,595.64
Kebbi - N3,523.50
Zamfara - N3,415.06
Niger - N3,214.54
Lagos - N3,185.71
Katsina - N3,130.41
Edo - N3,124.94
Oyo - N3,069.11

10 states with lowest kerosene prices per litre

Bayelsa - N2,018.79
Kogi - N2,348.81
Ekiti - N2,511.31
Kwara - N2,537.74
Yobe - N2,633.51
Kano - N2,709.56
Enugu - N2,731.04
Imo - N2,739.35
Benue - N2,743.37
Kaduna - N2,814.56

The average price per gallon also dropped. It stood at N11,949.39 in May 2026, a 10.80% decline from N13,396.23 in April 2026. Year-on-year, the gallon price rose by 40.88% from N8,482.22 in May 2025.

Sokoto again led the highest gallon price at N15,928.39. Kebbi and Niger followed with N15,855.73 and N14,465.43. Bayelsa recorded the lowest gallon price at N7,084.56.

Forex News

Naira gains as FX turnover hits $1.5bn in single day, CBN Cardoso credits reforms
ABOKI FOREX
Nigeria Launches Atlas Network to Lead Africa's Homegrown AI Push
ABOKI FOREX
Bosun Tijani Foundation Opens Gen AI Fellowship Cohort 2 with N50,000 Monthly Stipend for Nigerian Youths
ABOKI FOREX
FG Launches YouthCred Loan Scheme: N5,000 to N5 Million for NYSC Members, Salaried Workers, Entrepreneurs
ABOKI FOREX
Young Nigerian founders can now apply for iDICE N10 million startup scheme
ABOKI FOREX
Okada fares surge 130% in three years under Tinubu, NBS data shows
ABOKI FOREX
19 countries outside Africa Nigerians can visit without a visa in 2026
ABOKI FOREX
Single-day $1.5bn FX transaction lifts naira as market turnover surges
ABOKI FOREX
Dangote refinery resumes naira sales, hikes ex-depot price to N1,215 per litre
ABOKI FOREX
Naira falls to N1,413/$ in parallel market as official rate strengthens
ABOKI FOREX