The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at â‚¦3708.58 in February 2022 showing month-on-month increase of 1.39 percent from â‚¦3657.57 recorded in January 2022. On a year on year, the average retail price of Cooking Gas increased by 83.69 percent from â‚¦2018.91 in February 2021.
Benue state recorded the highest average price for refilling of 5kg Cylinder for Liquefied Petroleum Gas (Cooking Gas) with â‚¦4205.00, followed by Niger with â‚¦4150.00 and Cross River with â‚¦4081.82. On the other hand, Adamawa state had the lowest average price with â‚¦2500.00 followed by Yobe and Bauchi with, â‚¦2610.00 and â‚¦2645.00 respectively.
Prices analysed by zones shows that average retail price of Cooking Gas was highest in the North-Central with â‚¦3907.07 followed by South-East with â‚¦3938.00 and South-South with â‚¦3875.23, while the zone with the lowest average retail price was the North-East with â‚¦3219.75.
The average price for the refilling of 12.5kg Cylinder for Liquefied Petroleum Gas (Cooking Gas) increased to â‚¦7447.79 in February 2022 from â‚¦7413.25 in January 2022 which represents 0.47 percent month on month increase. Similarly, on a year on year, the average retail price for refilling 12.5kg cooking gas increased by 70.68 percent from â‚¦4363.51 in February 2021.
The state with the highest average price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was Osun with â‚¦8625.00 followed by Oyo with â‚¦8328.57 and Abuja, with â‚¦8295.00. While the state with the lowest average price for the refilling of a 12.5kg Cylinder for Liquefied Petroleum Gas (Cooking Gas) was Borno with â‚¦5913.33, followed by Yobe and Cross River with, â‚¦6643.91 and â‚¦6790.27 respectively.
The average retail price of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) by zones shows that average retail price was highest in the South-West with â‚¦7892.40 followed by the North-Central and North-West with â‚¦7657.22 and â‚¦7533.91 respectively. The South-South Zone recorded the lowest price with â‚¦7091.61
Data source: National Bureau of Statistics