The average price of 5kg of cooking gas increased from N4,456.56 in August to N4,474.48 in September.
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| Price of cooking gas skyrockets by “86.62 percent” in just a year |
The National Bureau of Statistics (NBS) stated in its “Cooking Gas Price Watch’’ for September 2022 released on Saturday in Abuja.
“On a year-on-year basis, the September 2022 price of N4,474.48 for 5Kg of gas was an 86.62 percent increase over the price of N2,397.60 obtainable for the same volume in September 2021,” it stated.
On state profile analyses, the report stated that Kwara recorded the highest average price of N4,950 for 5kg of cooking gas, followed by Niger at N4,941.67, and Adamawa at N4,928.29.
It added that Abia recorded the lowest price at N4,044.44, followed by Anambra and Kano State at N4,100.00 and N4,109.67, respectively.
Analyses by geopolitical zones showed that the North-Central recorded the highest average retail price of N4,715.74, for 5kg cooking gas, followed by the Northeast at N4,539.41.
“The South-South recorded the lowest retail price at N4,317.92,” NBS stated.PMNews
