The National Bureau of Statistics has revealed that Nigeria’s average price for refilling a 5kg Liquefied Petroleum Gas (Cooking Gas) cylinder hit N7, 418.45 in May 2024. This represents a 13.75% increase compared to the N6, 521.58 average prices recorded in April 2024. While on a year-on-year basis, cooking gas prices increased by 70.12% from N4, 360.69 recorded in May 2023. NBS disclosed these figures in its latest price watch report.
However, the report revealed that the average retail price for refilling a 12.5kg cooking gas declined by 0.07% on a month-on-month basis from N15,637.74 in April 2024 to N15,627.40 in May 2024. On a year-on-year basis, this rose by 6States with the highest, lowest prices NBS also provided a breakdown of the cost of refilling cooking gas and the states with the highest and lowest prices 3.85% from N9, 537.89 in May.
Highest Prices 5kg Benue: N8, 012.03 Enugu: N7, 926.21 Ondo: N7, 857.53 Lowest Prices 5kg Yobe: N5, 842.31 Jigawa: N6,521.81 Katsina: N6,567.95.
Average Retail Prices by Zones 5kg South-East: N7,680.87 (highest) South-West: N6,593.93 North-East: N7,071.84 (lowest) 12kg price cooking gas trend Highest Prices 12.5kg.
Sellers quote new price for rice, garri in Nigeria as data shows states with highest costs Zamfara: N18, 369.33 Bayelsa: N17,772.21 Abia: N17,538.02 Lowest average price 12.5kg Bauchi: N13,076.43 Ebonyi: N13,788.09 Taraba: N13,860.31 Zonal Analysis: South-South: N16,310.02 (highest) North-West: N15,991.13 North-East: N15,010.62 (lowest)
“We Know Them:” Marketers identify cabal behind the rising price of cooking gas in Nigeria Legit.ng previously reported that Cooking gas marketers under the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) have accused the Liquefied Petroleum Gas (LPG) terminal operators of causing the country’s high cooking gas cost. Oladapo Olatubosun, the association’s president, disclosed this when they met the Senate Committee on Gas in the company of the group members on Monday, October 23, 2023. The commodity’s price recently increased to N1,200 per kilogram, with many Nigerians lamenting its high cost amid surging inflation and high living standards.