Lagos — The average price of 5kg cooking gas rose by 0.21 per cent from N4,474.48 in September to N4,483.75 in October.
The increased price is contained in the National Bureau of Statistics ‘Cooking Gas Price Watch’ for October 2022 issued on Monday in Abuja.
It stated that on a year-on-year basis, the increase was 70.62 per cent from N2,627.94 in October 2021 to N4,483.75 in October 2022.
On state profile analysis, the report shows that Kwara recorded the highest average price at N4,955 for 5kg of cooking gas, followed by Niger at N4,950 and Adamawa at N4,940.29.
It states that Abia recorded the lowest price at N4,045.45, followed by Kano and Delta at N4,100 and N4,139.29, respectively.
An analysis by geopolitical zones shows that the North-Central recorded the highest average retail price at N4,726.07 for 5kg cooking gas, followed by the North-East at N4,577.86.