Liquefied Petroleum Gas (Cooking Gas) Price Watch (July 2022)

Executive Summary

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 4.25% on a month-on-month basis from N4,218.38 recorded in June 2022 to N4,397.68 in July 2022. On a year-on-year basis, this rose by 105.35% from N2,141.59 in July 2021. On state profile analysis, Adamawa recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,966.67, followed by Plateau with N4,650.00, followed by Kwara and Gombe with N4,625.00 each. On the other hand, Kano recorded the lowest price with N3,981.25, followed by Yobe and Bauchi with N4,000.00 and N4,071.03 respectively. In addition, analysis by zone showed that the North-Central recorded the highest average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,552.62, followed by the North-East with N4,456.88, while the North-West recorded the lowest with N4,218.27.

Data source: National Bureau of Statistics

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