The retail price of refilling a 5kg cylinder of liquefied petroleum gas also known as cooking gas rose from N4,642.27 in April 2023 to N6,521.58 in April 2024, an increase of 40.48 per cent in one year.
The National Bureau of Statistics (NBS) in its report released yesterday said on a month-on-month basis, the price declined by 1.06 per cent from N6,591.62 recorded in March 2024 to N6,521.58 in April 2024.
The NBS also reported that the retail price per litre of household kerosene (HHK) increased by 24.04 per cent in April 2024 reaching N1,439.64 as against N1,160.67 it sold in April 2023.
The month-on-month price difference was 6.29 per cent above the price of N1,354.4 recorded in March this year. Bauchi recorded the highest average price for refilling a 5kg cylinder of cooking gas at N7,000, followed by Kano at N6,998.67, and Yobe with N6,962.5, while Adamawa recorded the lowest price at N5,470, followed by Enugu and Katsina with N5,973.53 and N5,981.82 respectively.
For Kerosene, the highest average price per litre was recorded in Benue with N1,788.47, followed by Kaduna with N1,761.62 and Plateau with N1,717.78. On the other hand, the lowest price was recorded in Katsina with N1,222.22 followed by Jigawa with N1,240.74 and Kwara with N1,252.38.
