Lagos – Nigeria’s cooking gas price witnessed a slight increase in September, according to figures released by the National Bureau of Statistics, NBS.
The NBS said the average ***price of 5 kilogramme, kg, of cooking gas, also known as Liquefied Petroleum Gas, LPG, increased from N4,456.56 in August to N4,474.48 in September, representing a 0.40 per cent increase.
“On a year-on-year basis, the September 2022 price of N4,474.48 for 5kg of gas was an 86.62 per cent increase over the price of N2,397.60 obtainable for the same volume in September 2021,” the NBS stated in its “Cooking Gas Price Watch’’ for September 2022.
On states profile analyses, the report stated that Kwara recorded the highest average price of N4,950 for 5kg of cooking gas, followed by Niger at N4,941.67, and Adamawa at N4,928.29. It added that Abia recorded the lowest price at N4,044.44, followed by Anambra and Kano State at N4,100.00 and N4,109.67, respectively.
Analyses by geopolitical zones showed that the North-Central recorded the highest average retail price of N4,715.74 for 5kg cooking gas, followed by the Northeast at N4,539.41.
“The South-South recorded the lowest retail price at N4,317.92,” the NBS stated.
It also reported that the average retail price for refilling a 12.5kg cooking gas cylinder increased from N9,899.34 in August 2022 to N9,906.44 in September, indicating a 0.07 per cent increase on a month-on-month basis.
On a year-on-year basis, the price rose by 60.69 per cent from N6,164.97 in September 2021 to the corresponding period in September 2022.
On states analyses, the report indicated that Cross River recorded the highest average retail price for 12.5kg cooking gas at N10,937.50, followed by Kogi at N10,760 and Oyo at N10,723.75.
The lowest average price was recorded in Yobe at N8,350, followed by Katsina and Taraba at N8,545.56 and N9,025.78, respectively, the NBS stated.
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