April 22, (THEWILL) – The average retail price of Liquefied Petroleum Gas (LPG) also known as cooking gas, increased by 83.62 percent from N2057.71 in March 2021, the National Bureau of Statistics (NBS), disclosed in its report released on Friday.
According to the March 2022 report, the average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at N3778.30 in March 2022 from N3708.58 recorded in February 2022 showing an increase of 1.88 percent month-on-month.
On State profile analysis, the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was recorded in Ekiti with N4200.00, followed by Niger with N4163.33 and Imo with N4150.00.
Meanwhile, Adamawa recorded the lowest average price with N2604.01, followed by Yobe and Kano recording N2740.00 and N300.00 respectively.
In addition, prices analysed by zones show that the average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) was highest in the South-East with N992.56 followed by South-West with N3900.55 and South-South with N3877.08, while North-East recorded the lowest average retail price was the with N3419.37.
Similarly, the average retail price of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) by zones showed that the average retail price was highest in the South-West with N7892.40, followed by the North-Central and North-West with N7657.22 and N7533.91 respectively.
The South-South Zone recorded the lowest price with N7091.61.
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