Cooking gas price falls by 6.07%

THE NATION 

The National Bureau of Statistics (NBS) yesterday revealed that the average price of Liquefied Petroleum Gas (LPG), cooking gas, crashed by 6.07 per cent from N4,642.27 in April to N4,360.69 in May 2023.

In its “Liquefied Petroleum Gas (LPG) Price watch May 2023,” it said the price rose by 11.20 per cent from N3,921.35 in May 2022 in terms of Year-on-Year.

The report said: “The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) declined by 6.07 per cent on a month-on-month basis from N4,642.27 recorded in April 2023 to N4,360.69 in May 2023.

“On year-on-year, this rose by 11.20 per cent from N3,921.35 in May 2022…