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Price of cooking gas rose by 44.6% in one year – Report 

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The price of Liquified Petroleum Gas (cooking gas) rose by 44.62% from December 2023 to December 2024, a report by the Nigeria Bureau of Statistics (NBS) has revealed.

According to the NBS Liquefied Petroleum Gas (Cooking Gas) Price Watch for December 2024, the average retail price for refilling a 5kg Cylinder increased from N4,962.87 in December 2023 to N7,177.27 in December 2024, in a year-on-year comparison.

On a month-on-month basis, the price for refilling a 5kg Cylinder rose N7,088.16 recorded in November 2024, reflecting a 1.26 % increase.

The report noted that Taraba recorded the highest average price for refilling a 5kg Cylinder of Cooking Gas with N8,074.41, followed by Lagos with N7,910.71, and Benue with N7,900.00.

On the other hand, the lowest average price was recorded in Kebbi at N15,733.33, followed by Nasarawa and Kwara at N15,875.00 and N16,109.38 respectively.

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