Cooking gas price up by 31.96% in May 2017 – NBS

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The average price for the re filling of a 5kg cylinder of Liquefied Petroleum Gas, otherwise known as cooking gas, increased by 0.75 per cent Month-on-Month and 31.96 per cent Year-on-Year to N2,446.57 in May 2017 from N2,424.38 in April 2017, Vanguard reports.

According to the latest National Bureau of Statistics’ report, states with the highest average price for the refilling of a 5kg cylinder for cooking gas were Gombe (N2,600), Akwa Ibom (N2,590) and Rivers (2,585.00), while states with the lowest average price were Kaduna, Kano, Katsina, Ogun and Sokoto (N2,300), Ondo (N2,294.44) and Osun (N2,268.75).

The report stated, “average price for the refilling of a 12.5kg cylinder for cooking gas increased by 2.64 per cent MoM, and by 33.11 per cent YoY to N4,957.88 in May 2017 from N4,830.22 in April 2017. States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas were Kebbi (N5,375), Cross River (N5,330) and Borno (5,300). States with the lowest average price for the refilling of a 12.5kg cylinder were Lagos (N4, 621), Oyo (N4,615) and Katsina (N4,600).”