The National Bureau of Statistics (NBS) has revealed that the average retail price for refilling a 12.5kg cooking gas increased by 4.89 per cent on a month-on-month basis from N15,552.56 in August 2024 to N16,313.43 in September.
The NBS revealed this in its newly published report on “Cooking Gas Price Watch’’ for September 2024, released on Friday in Abuja.
According to the report, the September price represented a 4.19 per cent increase, compared to what was obtained in August.
The bureau made this known in its “Cooking Gas Price Watch’’ for September 2024 released on Friday in Abuja.
The report said the average retail price for 12.5kg cooking gas rose by 76.41 per cent on a year-on-year basis from N9,247.40 recorded in September 2023 to N16,313.43 in September 2024.
State profile analysis showed that Rivers recorded the highest average retail price of N17,992.86 followed by Gombe at N17,942.86 and Zamfara at N17,475.00.
On the other hand, the report showed that the lowest average price for 12.5kg of cooking gas was recorded in Adamawa at N13,983.33, followed by Nassarawa and Bauchi with N14,938.50 and N15,000.00, respectively.
Analysis by zone showed that the South-East recorded the highest average retail price of N16,957.29, followed by the South-West at N16,665.45.
The report said the North-East recorded the lowest price at N15,770.75
The report further showed that the average price of 5kg of cooking gas increased from N6,430.02 recorded in August to N6,699.63 in September 2024
It said the September price represented a 4.19 per cent increase, compared to what was obtained in August, and that the average price of 5kg of cooking gas increased on a year-on-year basis by 59.90 per cent from N4,189.96 in September 2023 to N6,699.63 in September 2024.
On state profile analysis, the report showed that Rivers recorded the highest average price at N7,285.71, followed by Gombe at N7,271.88, and Borno at N7,089.72.
It said on the other hand, Kebbi recorded the lowest price at N5,950.00, followed by Kano and Benue at N6,133.33 and N6,143.52, respectively.
Analysis according to the six zones, showed that the North-East recorded the highest average retail price at N6,929.02 for 5kg cooking gas, followed by the South-East at N6,893.47.
“The North-West recorded the lowest average retail price at NN6,382.30,” the NBS said.
Similarly, the NBS said the average retail price per litre of kerosene increased to N1,957.44, in September 2024 on a month-on-month basis, showing an increase of 5.97 per cent, compared to the N1,847.59 recorded in August 2024.
