The average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at N3800.47 in April 2022 from N3778.30 recorded in March 2022 showing an increase of 0.59 percent month-on-month. However, on a year-on-year basis, the average retail price for Cooking Gas increased by 83.67 percent from N2069.21 in April 2021. According to state profile analysis, the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was recorded in Gombe with N4337.50, followed by Bayelsa with N4250.00 and Adamawa with N4220.00. On the other hand, Yobe recorded the lowest average price with N2931.83 this was followed by Sokoto and Zamfara with N3000.00 and N3250.00 respectively.

In addition, prices analyzed by zones show that the average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was highest in the South-East with N4041.39 followed by the South-South with N3896.59 and North-Central with N3835.83, while the North-west recorded the lowest average retail price of N3572.83. The average price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N8164.37 in April 2022 from N7617.71 in March 2022 representing a 7.18 percent month-on-month increase. Similarly, on a year-on-year basis, the average retail price for refilling a 12.5kg cooking gas increased by 89.10 percent from N4317.55 in April 2021.

The state comparisons showed that the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was recorded in Oyo with N8930.88, followed by Bayelsa with N8916.67 and Ogun, with N8766.67. Conversely, the lowest average price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was recorded In Yobe with N6619.18, followed by Borno and Ebonyi with, N6800.00 and N7710.55 respectively. The average retail price of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) by zones showed that the average retail price was highest in the South-West with N8573.28 followed by the South-South and South-East with N8252.90 and N8240.32 respectively. The North-East Zone recorded the lowest price with N7559.43.

Data source: National Bureau of Statistics

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