The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.21% on a month-on-month basis from N4,474.48 recorded in September 2022 to N4,483.75 in October 2022, the National Bureau of Statistics has said.
In its Liquefied Petroleum Gas (Cooking Gas) Price Watch report (October 2022), the NBS said;
On a year-on-year basis, gas price rose by 70.62% from N2,627.94 in October 2021 to N4,483.75 in the corresponding month of 2022.
The report also added that “on state profile analysis, Kwara recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,955.00, followed by Niger with N4,950.00, and Adamawa with N4,940.29.
“On the other hand, Abia recorded the lowest price with N4,045.45, followed by Kano and Delta with N4,100.00 and N4,139.29 respectively.”
In addition, the report indicated that analysis by zone showed that the North-Central recorded the highest average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,726.07, followed by the North-East with N4,577.86, while the South-South recorded the lowest with N4,275.92.
Meanwhile, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.45% on a month-on-month basis from N9,906.44 in September 2022 to N10,050.53 in October 2022, the report added.
“On a year-on-year basis, this rose by 51.40% from N6,638.27 in October 2021.”
Furthermore, the report showed that 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 N10,986.11, followed by Oyo with N10,826.56 and Kogi with N10,783.33.
“Conversely, the lowest average price was recorded in Yobe with N8,533.33, followed by Sokoto and Katsina with N9,100.00 and N9,202.86 respectively,” it added.
