Cooking gas price drops by 20% in 2018 – NBS

A National Bureau of Statistics report has said that the average cost to fill a five kilogram cylinder with cooking gas in Nigeria decreased by at least 20 per cent from N2,708 in February 2017 to N2,156 in February 2018, Premium Times reports.

Its report titled, Liquefied Petroleum Gas, LPG, (Cooking Gas) price watch, was published on the bureau’s website on Tuesday. Also, the average price of N2,156 was a 1.6 per cent decrease from the N2,190 recorded as the average price of refiling a five kilogram cylinder for January 2018. Adamawa, Yobe and Borno states had the highest average prices for the refilling of a 5kg cylinder, while the Federal Capital Territory, Abuja, Ebonyi, and Ekiti states recorded the lowest average prices for February 2018.

The report also showed that the average price for refilling a 12.5 kilogram cylinder decreased by 18.9 per cent to N4,334 from the N5,345.9 recorded for February 2017. In relation to January 2018, there was a 0.12 per cent increase from the N4,327.9 it recorded to the N4,334 recorded for February 2018. Akwa Ibom, Benue, and Kogi states had the highest average prices for refilling a 12.5 kilogram cylinder with Cooking Gas, while Lagos, Ogun and Oyo states had the lowest average prices.

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