5KG Cooking Gas Price Increases Above N4k – NBS
The National Bureau of Statistics, NBS, says the average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N4,474.48 in September 2022.
NBS in the NBS Liquefied Petroleum Gas (cooking gas) price watch for September released on Friday said refilling the cylinder used to cost N4,456.56 in August 2022, adding that the increase indicated 0.40 percent increase month-on-month.
Nevertheless, on a year-on-year basis, the average retail price of cooking gas increased by 86.62 percent from N2, 397.60 in September 2021.
Indications from the reports showed that the highest average price for refilling cooking gas was recorded in Kwara at N4,950.00, followed by Niger with N4,941.67, and Adamawa with N4,928.29.
However, the lowest price was recorded in Abia with N4,044.44, followed by Anambra and Kano with N4,100.00 and N4,109.67 respectively.
The report indicated that the average retail price for refilling a 5kg cylinder of cooking gas was highest in North-Central at N4,715.74, followed by the North-East with N4,539.41, while the South-South recorded the lowest at N4,317.92.
According to the report, the average price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.07 percent on a month-on-month basis from N9,899.34 in August 2022 to N9,906.44 in September 2022.
“On a year-on-year basis, the report said it rose by 60.69% from N6,164.97 in September 2021,” it said.
“On state profile analysis, Cross River recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N10,937.50, followed by Kogi with N10,760.00 and Oyo with N10,723.75”.
However, the report said the lowest price was recorded in Yobe.
“The lowest average price was recorded in Yobe with N8,350.00, followed by Katsina and Taraba with N8,545.56 and N9,025.78 respectively”.
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