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NBS Says Average Price Of 5kg Cooking Gas Has Risen To N3,921.35
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NBS Says Average Price Of 5kg Cooking Gas Has Risen To N3,921.35 

According to the National Bureau of Statistics (NBS), the average price of refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) in May 2022 will be N3,921.35.

By Omotayo Olutekunbi

The NBS Liquefied Petroleum Gas (Cooking Gas) Price Watch for May 2022 was announced on Sunday in Abuja.

According to the NBS, refilling the cylinder used to cost N3,800.47 in April 2022, indicating a 3.18 percent month-over-month increase.

However, from N2,071.69 in May 2021, the average retail price of cooking gas grew by 89.28% year on year.

According to the survey, the highest average price for refilling a 5kg cylinder of cooking gas was N4,366.67 in Gombe, followed by N4,325.00 in Bayelsa and N4,250.00 in Adamawa.

Yobe, on the other side, had the lowest average price of N3,200.00, followed by Ogun and Ondo, each with N3,450.00 and N3,480.77.

“While the South-West recorded the lowest average retail price of N3,719.53,” said the statement.

According to the research, the average cost of refilling a 12.5kg cylinder of cooking gas climbed by 6.88 percent month over month to N8,726.30 in May 2022 from N8,164.37 in April 2022.

According to the survey, the highest average retail price for a 12.5kg cylinder of cooking gas was N9,308.00 in Abuja, followed by N9,209.09 in Ekiti, and N9,184.06 in Oyo.

The lowest average price for a 12.5kg cooking gas cylinder refill was N7,500.00 in Yobe, followed by N8,175.00 and N8,200.00 in Kano State and Kogi, respectively.

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