MON, JAN 22 2024-theGBJournal|Prices of Liquefied Petroleum Gas (Cooking Gas) and Household Kerosene have continued to rise over the past few months across the country.
The average retail price for refilling a 5kg Cylinder of Cooking Gas increased by 2.79% on a month-on-month basis from N4,828.18 recorded in November 2023 to N4,962.87 in December 2023, according to latest National Bureau of Statistics (NBS) price watch.
The price of the commodity rose by 8.70% from N4,565.56 in December 2022 on a year-on
-year basis.
Also, the average retail price for refilling a 12.5kg Cylinder of Cooking Gas increased by 3.18% on a month-on-month basis from N11,155.15 in November 2023 to N11,510.16 in December 2023.
On a year-on-year basis, the retail prices rose by 12.31% from N10,248.97 in December 2022.
Similarly, the average retail price per litre of Household Kerosene (HHK) paid by consumers in December 2023 was N1,362.27, Indicating an increase of 5.84% compared to N1,287.10 recorded in November 2023.
On a year-on-year basis, the average retail price per litre of the product rose by 23.33% from N1,104.61 in December 2022.
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