Liquefied Petroleum Gas (Cooking Gas) Price Watch (June 2023)

Executive Summary

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) decreased by 6.71% on a month-on-month basis from N4,360.69 recorded in May 2023 to N4,068.26 in June 2023. On a year-on-year basis, this decreased by 3.56% from N4,218.38 in June 2022. On state profile analysis, Kwara recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,750.00, followed by Niger with N4,691.16, and Zamfara with N4,683.33. On the other hand, Ondo recorded the lowest price with N3,287.86, followed by Ekiti and Nasarawa with N3,288.46 and N3,364.62 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 N4,421.97, followed by the North-West with N4,260.30, while the South-West recorded the lowest with N3,709.16. 

Data source: National Bureau of Statistics

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