NBS: cooking gas price ruduced in October

NBS: cooking gas price ruduced in October

The National Bureau of Statistics (NBS) on Tuesday announced that the average price for refilling kilogram(kg) cylinder of Cooking Gas has slightly reduced to N1,953.71 from N1974.67 in September.




The NBS said the price for refilling cylinder of cooking gas dropped by -1.06 percent in months and by -0.70 percent in a year during review.


According to the statistics, states with the highest price for refilling 5kg cylinder for cooking gas in Nigeria were Bauchi N2,487.83, Borno N2,392.77 and Adamawa N2,367.80.

It also revealed the states with the lowest average price which are Enugu, N1,611.11, Jigawa, N1,678.57 and Imo, N1,693.75.

And the average price for refilling 12.5kg cylinder decreased by -0.78 percent monthly and by -0.64 percent yearly to N4,078.65 from N4,110.92.

States with the highest average price for refilling 12.5kg cooking gas were Cross River N4,598.50, Akwa Ibom N4,562.50 and Anambra N4,503.14.

The reported states with the lowest average price for the refilling 12.5kg cylinder were Kano N3,560, Oyo N3,638.46 and Zamfara N3,700.

It is said the gas prices were collected across all the 774 local governments in the states, from over 10,000 correspondents.

The NBS said its team subsequently conducted randomly selected verification of prices recorded.

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