The latest report from the National Bureau of Statistics (NBS) shows that the average retail price for refilling a 5kg Cylinder of cooking gas increased by 3.23% on a month-on-month basis from N6,699.63 recorded in September 2024 to N6,915.69 in October 2024.
This was contained in the NBS’s Cooking Gas Price Watch Report for October 2024 released on Tuesday.
The Bureau said, on a year-on year basis, the price increased by 51.58% from N4,562.51 in October 2023.
On state profile analysis, Borno recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N7,939.29, followed by Yobe with N7,580.00, and Benue with N7,578.00.
On the other hand, Katsina recorded the lowest price with N6,270.00, followed by Zamfara and Delta with N6,410.71 and N6,427.78 respectively.
In addition, analysis by zone showed that the North-East recorded the highest average retail price for refilling a 5kg Cylinder of Liquefied Petrole um Gas (Cooking Gas) with N7,319.03, followed by the South-West with N6,961.58 while the North-West recorded the lowest with N6,703.95.
Also, the average retail price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 2.58% on a month-on-month basis from N16,313.43 in September 2024 to N16,734.55 in October 2024. On a year on-year basis, this rose by 58.68% from N10,545.87 in October 2023.
On state profile analysis, Rivers recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N17,895.00 followed by Osun with N17,739.06 and Benue with N17,731.25.
Conversely, the lowest average price was recorded in Katsina with N14,725.00, followed by Nassarawa and Adamawa with N15,390.55 and N15,474.21 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 N17,114.67, followed by the South-East with N16,906.01 while the North-Central recorded the lowest price with N16,411.19.
