The National Bureau of Statistics has revealed that the average price for refilling a Liquefied Petroleum Gas (Cooking Gas) cylinder in Nigeria has increased again, putting more pressure on Nigerian households. According to NBS’s latest price watch report, the average retail price for refilling a 5kg cylinder of cooking gas increased by 2.79% on a month-on-month basis from N4,828.18 recorded in November 2023 to N4,962.87 in December 2023.
While on a year-on-year basis, 5KG cooking gas prices increased by 8.70% from N4,565.56 in December 2022. PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! The report also revealed the average retail price for refilling a 12.5kg cylinder of liquefied petroleum gas (cooking gas) increased by 3.18% on a month-on-month basis from N11,155.15 in November 2023 to N11,510.16 in December 2023. On a year-on-year basis, the retail prices rose by 12.31% from N10,248.97 in December 2022.
States with the highest, lowest prices
According to NBS, Adamawa recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N5,725.33, followed by Jigawa with N5,686.88, and Lagos with N5,671.05. On the other hand, Ebonyi recorded the lowest price with N4,071.43, followed by Imo and Abia with N4,088.24 and N4,155.88, respectively, Punch reports.
For 12.5G state profile analysis, Cross River recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N13,572.22, followed by Edo with N13,265.63 and Delta with N13,041.67. Conversely, the lowest average price was recorded in Ebonyi with N10,142.86, followed by Imo and Anambra with N10,150.90 and N10,264.29, respectively. 10 states with highest Cooking gas prices(12.5kg) Cross River – N13,572 Edo – N13,265 Delta – N13,041 Jigawa – N12,909 Benue – N12,720 Kogi – N12,700 Nasarawa – N12,445 Ekiti – N12,556 Yobe – N12,000 Kwara – N11,992
“Full List”: 7 major marketers get approval to sell Dangote fuel Earlier, Legit.ng reported that about seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery to lift and distribute refined petroleum products from the plant. Dealers under the auspices of the Major Oil Marketers Association of Nigeria (MOMAN) confirmed on Sunday, January 14, 2024, that with the registration, they would begin the distribution of fuel produced at the plant once the commercial terms are finalized.
The development comes as the refinery reportedly sought the Nigerian Midstream and Downstream Petroleum Regulatory Auth.
source: legit.ng