The price of a 12.5kg cylinder of liquefied petroleum gas (LPG) also known as cooking gas rose by 89.10 per cent in one year.
This is according to the National Bureau of Statistics (NBS).
Consumers, according to NBS’ latest report on LPG price watch for April 2022, paid an average price of N8,164.37 for refilling a 12.5kg cylinder of cooking gas in April 2022 compared to N4,317.55 in April 2021.
According to the report, the average price for refilling a 12.5kg of cooking gas increased to N8,164.37 in April 2022 from N7,617.71 in March 2022, representing a 7.18 per cent month-on-month increase.
“Similarly, on a year-on-year basis, the average retail price for refilling a 12.5kg cooking gas increased by 89.10 per cent from N4317.55 in April 2021,” the report says
It further pointed out that on state comparisons, the highest average retail price for refilling a 12.5kg Cylinder of LPG was recorded in Oyo with N8930.88, followed by Bayelsa with N8916.67 and Ogun, with N8766.67, while the lowest average price for refilling a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was recorded in Yobe with N6619.18, followed by Borno and Ebonyi with N6800.00 and N7710.55 respectively.”
Across the geopolitical zones, the report showed that the average price was highest in the South-West with N8,573.28 followed by the South-South and South-East with N8252.90 and N8240.32, respectively.
The North-East Zone recorded the lowest price with N7559.43.
