The price of a 12.5kg of liquefied petroleum gas (LPG), better known as cooking gas, has increased by 122.15 per cent year-on-year.
This is according to data from the National Bureau of Statistics (NBS) in it’s latest report on liquefied petroleum gas (cooking gas) price watch for July 2022.
It showed that Nigerians paid an average price of N9,824.07 for refilling a 12.5kg cylinder of cooking gas in July 2022 compared to N4,422.32 in July 2021.
According to the report, the average price for refilling a 12.5kg of cooking gas increased to N9,824.07 in July 2022 from N9,485.91 in June 2022, representing a 3.56 percent month-on-month increase.
“On state profile analysis, Ebonyi recorded the highest average retail price for the refilling of a 12.5kg cylinder of liquefied petroleum gas (cooking gas) with N11,212.50, followed by Delta with N10,926.92 and Ekiti with N10,883.67.
“Conversely, the lowest average price was recorded in Katsina with N8,355.71, followed by Yobe and Kano with N8,383.31 and N8,614.29 respectively,” the report indicated.
The report also showed that across the geopolitical zones, average price was highest in the south-west with N10,334.83 followed by the south-south with N10,239.48.
The north-east zone, however, recorded the lowest price at N9,139.00.
