Nigerians paid less for cooking gas in January when the price fell by 3.5 per cent.
The fall in price was in spite of rising demand for gas during the month, indicating increased adoption of cooking gas in many households.
Disclosing this in a recent report released by the National Bureau of Statistics, NBS, the “Average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.04% month-on-month and by -3.47% year-on-year to N1,949.02 in January 2021 from N1,949.75 in December 2020.
“States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Bauchi (N2,480.00), Adamawa (N2,450.00) and Borno (N2,394.34).
“States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Enugu (N1,620.00), Ebonyi (N1,707.12) and Osun (N1,718.18).
“Similarly, average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased by 0.56% month-on-month and decreased by -0.06% year-on-year to N4,177.55 in January 2021 from N4,154.28 in December 2020.
“States with the highest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Cross River (N4,791.67), Sokoto (N4,753.42) and Akwa Ibom (N4,614.49).
“States with the lowest average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Kaduna (N3,291.19), Zamfara (N3,565.83) and Niger (N3,675.00).” The report stated.
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