A Review of the Nigerian Energy Industry

Cooking gas price up 2.60% in September

*LPG or cooking gas refilling plant.

OpeOluwani Akintayo

18 October 2018, Sweetcrude, Lagos — Average price for the refilling of a 5 kilogramme, kg, cylinder for the Liquefied Petroleum Gas or cooking gas increased by 2.60% month-on-month and 10.26% year-on-year to N2,107.48 in September 2018 from N2,054.14 in August 2018.

Statistics from the National Bureau of Statistics, NBS, said states with the highest average price for the refilling of a 5kg cylinder of cooking gas were Bauchi (N2,400.00), Borno (N2,440.00) and Gombe (N2,487.50), while those with the lowest average price were Abuja and Ebonyi (N1,900.00), Enugu (N1,865.45) and Kaduna (N1,800.00).

Similarly, the average price for the refilling of a 12.5kg cylinder for cooking gas increased by 2.88% month-on-month and 8.00% year-on-year to N4,376.19 in September 2018 from N4,366.48 in August 2018.

States with the highest average price for the refilling of a 12.5kg cylinder for the gas were Akwa Ibom (N5,000.00), Benue (N4,881.25) and Borno (N4,666.67).

States with the lowest average price for the refilling of a 12.5kg cylinder of gas were Kano and Kebbi (N4,033.33), Yobe (N4,015.81) and Lagos (N4,000.00).

On the other hand, the average price paid by consumers for automotive gas oil or diesel increased by 1.76% month-on-month and 14.52% year-on-year to N211.64 in September 2018 from to N207.98 in August 2018.

States with the highest average price of diesel were Borno (N245.83), Taraba (N235.00) and Sokoto (N228.33) states with the lowest average price of diesel were Edo (N197.28), Katsina (N195.63) and Rivers (N190).

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