The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.26% on a month-on-month basis from N4,588.75 recorded in January 2023 to N4,600.57 in February 2023. On a year-on-year basis, this rose by 24.05% from N3,708.58 in February 2022. On State profile analysis, Kwara recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,962.86, followed by Adamawa with N4,914.00, and Niger with N4,907.50. On the other hand, Enugu recorded the lowest price with N4,179.41, followed by Rivers and Abia with N4,204.44 and N4,220.00 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 N4,845.44, followed by the North-West with N4,629.19, while the South-East recorded the lowest with N4,428.97. Also, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) declined by 0.23% on a month-on-month basis from N10,277.17 in January 2023 to N10,253.39 in February 2023. On a year-on-year basis, this rose by 37.67% from N7,447.79 in February 2022.

Data source: National Bureau of Statistics

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