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Consumers Pay More For Cooking Gas In September – NBS

The National Bureau of Statistics (NBS), reported on Monday that consumers of Liquefied Petroleum Gas, also known as cooking gas, paid more for the commodity in September when compared with the prices they paid in the preceding month.

The Bureau, in its latest ‘Liquefied Petroleum Gas (Cooking Gas) Price Watch (September 2018)’ reported that the average cost of refilling a 5 kilogramme (kg) cylinder increased to N2,107 from the N2,054 it sold in August.

The price increase represented a rise by 2.60 percent month-on-month or10.26 percent year-on-year in the period under review.

According to the official statistics producing and publishing agency,  states that paid highest average price for refilling a five kg cylinder for cooking gas were Bauchi, where it sold for  N2,400.00, Borno, N2,440.00; and Gombe, N2,487.50.

However, the NBS stated that states with the lowest average price for refilling a five kg cylinder for cooking gas were Abuja and Ebonyi where consumers bought at N1,900.00; Enugu N1,865.45 and Kaduna, N1,800.00.

Similarly, the Bureau reported that in the month under review, the average cost of refilling a 12.5kg cylinder for cooking gas increased to N4,376.19 from the N4,366.48 consumers bought in August.

It stated that the price increased by 2.88 percent month-on-month and 8.00 percent year-on-year in the month under review.

The NBS stated further: “States with the highest average price for the refilling of a 12.5kg cylinder for cooking gas are Akwa Ibom (N5,000.00), Benue (N4,881.25) and Borno (N4,666.67).

“Also, states with the lowest average price for the refilling of a 12.5kg cylinder for cooking gas are Kano and Kebbi (N4,033.33), Yobe (N4,015.81) and Lagos (N4,000.00)”, the Bureau added.

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