FRI, MAY 26 2023-theGBJournal |The National Bureau of Statistics (NBS) has released the Liquefied Petroleum Gas (Cooking Gas) Price Watch.
The report shows that the average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas increased by 0.69% on a month-on month basis from N4,610.48 recorded in March 2023 to N4,642.27 in April 2023.
On a year-on-year basis, this rose by 22.15% from N3,800.47 in April 2022.
On State profile analysis, Kwara recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N5,000.00, followed by Abuja with N4,965.15, and Kaduna with N4,960.80. On the other hand, Rivers recorded the lowest price with N4,250.00, followed by Enugu and Anambra with N4,252.51 and N4,256.14 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 N4,893.67, followed by the North-West with N4,693.76, while the South-East recorded the lowest with N4,461.65.
Also, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 0.59% on a month-on-month basis from N10,262.56 in March 2023 to N10,323.33 in April 2023. On a year-on-year basis, this rose by 26.44% from N8,164.37 in April 2022.
On State profile analysis, Jigawa recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N11,312.50, followed by Cross River with N10,907.15 and Akwa Ibom with N10,900.00. Conversely, the lowest average price was recorded in Ebonyi with N9,600.25, followed by Yobe and Gombe with N9,800.00 and N9,801.47 respectively.
Analysis by zone showed that the South-South recorded the highest average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N10,595.96, followed by the North-West with N10,409.16, while the North-East recorded the lowest price with N9,921.94.
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