Price of cooking gas decreases in January – NBS

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Factual Pursuit of Truth for Progress

The average cost of refilling a five kilogramme cylinder for Liquefied
Petroleum Gas (cooking gas) decreased from N2,052.79 in December 2018
to N2,039.82 in January, the National Bureau of Statistics (NBS) said.

The NBS in its “Liquefied Petroleum Gas (Cooking Gas) Price Watch’’
for January, released on Friday in Abuja, said the price of refilling
a five kg cylinder of cooking gas decreased by -0.63 per cent
month-on-month and -6.86 per cent year-on-year in the period under
review.

The statistics bureau stated with the highest average price for the
refilling of a five kg cylinder for cooking gas were: Bauchi
(N2,540.00), Adamawa; Cross River (N2,350.00) and Borno (N2,325.00).

It said that states with the lowest average price for the refilling of
a five kg cylinder for cooking gas: were Osun (N1,703.57), Ogun
(N1,700.00) and Enugu (N1,672.22).
Similarly, the NBS said the average price for the refilling of a
12.5kg cylinder for cooking gas decreased from N4,332.06 in December
2018 to N4,277.86 in January.
It said the price decreased by -1.25 per cent month-on-month and -1.16
per cent year-on-year in the period under review.

“States with the highest average price for the refilling of a 12.5kg
cylinder for cooking gas are Akwa Ibom (N4,850.00), Abia (N4,761.54)
and Delta (N4,757.14).
“States with the lowest average price for the refilling of a 12.5kg
cylinder for cooking gas are Oyo (N3,945.00), Lagos (N3,876.00) and
Kano (N3,866.67).

Meanwhile, the Automotive Gas Oil (Diesel) Price Watch (January 2019)
report, said the price of diesel increased to N225.09 in January from
N219.54 recorded in December 2018.

According to the bureau, the average price paid by consumers for
diesel increased by 1.59 per cent month-on-month and 5.27 per cent
year-on-year.

It named states with the highest average price of diesel to include
Kwara (N249.00), Borno (N243.67) and Ebonyi (N239.29).

It said states with the lowest average price of diesel were Adamawa
(N197.50), Rivers (N201.86) and Ekiti (N203.57).

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