Cooking gas price increases by 37.34% year on year- NBS

The National Bureau of Statistics in its recent publication on Liquefied Petroleum Gas (Cooking Gas) Price Watch (November 2022) revealed that the average retail price for refilling a 5kg Cylinder of Cooking Gas increased by 1.46% on a month-on-month basis from N4,483.75 recorded in October 2022 to N4,549.14 in November 2022.

On a year-on-year basis, this rose by 37.34% from N3,312.42 in November 2021.

On State profile analysis, Niger recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,983.33, followed by Kwara with N4,963.33, and Adamawa with N4,960.00.

On the other hand, Abia recorded the lowest price with N4,125.00, followed by Delta and Anambra with N4,202.78 and N4,204.17 respectively.

In addition, 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 N4,852.74, followed by the North-East with N4,606.80, while the South-East recorded the lowest with N4,357.18. 

Source: Cooking gas price increases by 37.34% year on year- NBS – StocksWatch (stocksng.com)

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