Cooking Gas Price Drops 6.71% To N4,068 — NBS

According to the National Bureau of Statistics, the cost of refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) decreased by 6.71% from May 2023 to June 2023. The retail price went down from N4,361 to N4,068 per refill.

On a year-on-year basis, it dropped by 3.56 per cent from N4,218 in June 2022.

In terms of state profiling, Kwara state recorded the highest average price for refilling a 5kg cylinder at N4,750, followed by Niger with N4,691, and Zamfara with N4,683.

In contrast, Ondo recorded the lowest price at N3,288, followed by Ekiti and Nasarawa with N3,288 and N3,365 respectively.

The NBS also reported that the North-Central zone had the highest average retail price for refilling a 5kg cooking gas at N4,422, followed by the North-West with N4,260, while the South-West recorded the lowest at N3,709.

Additionally, the average retail price for refilling a 12.5kg cooking gas decreased by 4.35 per cent on a month-on-month basis to N9,123 in June 2023 from N9,5378 in May 2023

On a year-on-year basis, this fell by 3.82 per cent from N9,486 in June 2022.

According to the report, Cross River state recorded the highest average retail price for the refilling of a 12.5kg cooking gas at N10,096, followed by Ogun state with N9,876 and Anambra state with N9,833.

On the other hand, the lowest average price was recorded in Adamawa state with N7,500, followed by Zamfara and Borno states with N7,929 and N8,000 respectively.