A Review of the Nigerian Energy Industry

Cooking gas price down in January – NBS

Cooking gas
Cooking gas cylinders

20 February 2019, Sweetcrude, Lagos — The National Bureau of Statistics, NBS, has indicated that the average price of the Liquefied Petroleum Gas, LPG, also known as cooking gas, was down in January, this year.

It said in its latest consumer index figures that the average price for the refilling of a 5-kilogramme cylinder of the cooking gas decreased by 0.63 percent month-on-month and -6.86 percent year-on-year to N2,039.82 in January 2019, from N2,052.79 in December 2018.

States with the highest average price were Bauchi (N2,540), Adamawa and Cross River (N2,350), and Borno (N2,325), while those with the lowest average price were Osun (N1,703.57), Ogun (N1,700) and Enugu (N1,672.22).

Similarly, the average price for the refilling of a 12.5-kilogramme cylinder of the product decreased by 1.25 percent month-on-month and 1.16 percent year-on-year to N4,277.86 in January 2019, from N4,332.06 in December 2018.

Also Read: Gazprom Neft’s reserves-to production ratio at 163 pct in 2018

While states with the highest average price were Akwa Ibom (N4,850), Abia (N4,761.54) and Delta (N4,757.14), those with the lowest average price were Oyo (N3,945), Lagos (N3,876) and Kano (N3,866.67).

Like and follow on facebook & twitter

In this article