News
Cost of cooking gas has increased by 70.62 percent
According to the National Bureau of Statistics, the average price of petroleum gas (cooking gas) increased by 70.62% between October 2021 and October 2022. (NBS).
According to its document, “Liquefied Petroleum Gas (Cooking Gas) Price Watch (October 2022),” the average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.21% month on month from N4,474.48 in September 2022 to N4,483.75 in October 2022.
“On a year-on-year basis, this increased by 70.62% from N2,627.94 in October 2021,” according to the NBS.
According to the data, Kwara had the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) at N4,955.00, followed by Niger at N4,950.00, and Adamawa at N4,940.29.
According to the NBS, Abia had the lowest price with N4,045.45, followed by Kano and Delta with N4,100.00 and N4,139.29, respectively.
According to the report, 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, and the South-South with N4,275.92.
The average retail price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.45% month on month, from N9,906.44 in September 2022 to N10,050.53 in October 2022, according to the document.
NBS continued, “On a year-on-year basis, this increased by 51.40% from N6,638.27 in October 2021.” Cross River had the highest average retail price for refilling 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. In contrast, Yobe had the lowest average price at N8,533.33, followed by Sokoto and Katsina at N9,100.00 and N9,202.86, respectively.”
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