The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 0.11% on a month-on-month basis from N4,068.26 recorded in June 2023 to N4,072.87 in July 2023. On a year-on -year basis, this decreased by 7.39% from N4,397.68 in July 2022.

On state profile analysis, Kwara recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,780.00, followed by Zamfara with N4,695.47, and Niger with N4,633.33. On the other hand, Anambra recorded the lowest price with N3,086.67, followed by Ondo and Ekiti with N3,285.00 and N3,293.33 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 N4,425.56, followed by the North-West with N4,265.97, while the South-West recorded the lowest with N3,711.22. Also, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 0.43% on a month-on-month basis from N9,123.25 in June 2023 to N9,162.11 in July 2023.

On a year-on -year basis, this fell by 6.74% from N9,824.07 in July 2022. On state profile analysis, Cross River recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N10,175.33, followed by Ogun with N9,885.12 and Bayelsa with N9,878.42. Conversely, the lowest average price was recorded in Adamawa with N7,586.88, followed by Zamfara and Borno with N7,939.17 and N8,020.00 respectively. 

Data source: National Bureau of Statistics

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