NBS Report Shows Price of 12kg Cooking Gas Rises by 12.31% In 12 months

In December 2023, the average retail cost of refilling a 12.5kg cylinder of cooking gas, or liquefied petroleum gas, increased by 12.31% year over year to N11,510.16 from N10,248.97 in December 2022.

The National Bureau of Statistics’ most recent LPG (cooking gas) price watch for December 2023 states as much.

The average cost of five kilograms of cooking gas increased by 8.70%, according to the NBS, from N4,565.56 in December 2022 to N4,962.87 in December 2023.

The average price of a 5 kilogram cooking gas increased month over month, according to NBS, from N4,828.18 in November 2023 to N4,962.87 in December 2023.

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In the state profile analysis, the report indicated that Adamawa had the highest average price for 5kg cooking gas at N5,725.33, followed by Jigawa at N5,686.88, and Lagos at N5,671.05.

Conversely, Ebonyi reported the lowest price at N4,071.43, with Imo and Abia following closely at N4,088.24 and N4,155.88, respectively, according to the report.

According to regional analysis, the North-East recorded the highest average retail price for 5kg cooking gas at N5,256.61, with the North-West following at N5,144.50.

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“The South-East recorded the lowest average retail price at N4,155.59,” the NBS said.

The average retail price for a 12.5kg cooking gas is highest in Cross River at N13,572.22, followed by Edo at N13,265.63 and Delta at N13,041.67.

According to the report, the lowest average price for 12.5kg of cooking gas was documented in Ebonyi at N10,142.86, with Imo and Anambra ranking next at N10,150.90 and N10,264.29