The price of Liquified Petroleum Gas (cooking gas) rose by 44.62% from December 2023 to December 2024, a report by the Nigeria Bureau of Statistics (NBS) has revealed.
According to the NBS Liquefied Petroleum Gas (Cooking Gas) Price Watch for December 2024, the average retail price for refilling a 5kg Cylinder increased from N4,962.87 in December 2023 to N7,177.27 in December 2024, in a year-on-year comparison.
On a month-on-month basis, the price for refilling a 5kg Cylinder rose N7,088.16 recorded in November 2024, reflecting a 1.26 % increase.
Price analysis based on states
The report noted that Taraba recorded the highest average price for refilling a 5kg Cylinder of Cooking Gas with N8,074.41, followed by Lagos with N7,910.71, and Benue with N7,900.00.
- Conversely, Delta recorded the lowest price with N6,455.00, followed by Ondo and Zamfara with N6,683.33 and N6,778.57 respectively.
- The NBS also noted the average retail price for refilling a 12.5kg Cylinder of the LPD (Cooking…
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