The National Bureau of Statistics has revealed that the price of 12.5kg of cooking gas rose from N7,413.25 recorded in January 2022 to N10,277.17 in January 2023, representing a 38.63 percent increase on a year-on-year basis.
Cooking gas price rose by 39% in 12 months – NBS .
However, the cost to refill it rose by only 0.28 per cent on a month-on-month basis from N10,248.97 in December 2022 to N10,277.17 in January 2023.
State profile analysis showed that Benue recorded the highest average retail price of N11,260.67 for 12.5kg cooking gas, followed by Cross River at N10,833.33 and Ebonyi at N10,763.57.
On the other hand, the report showed that the lowest average price for 12.5kg of cooking gas was recorded in Yobe at N9,550.00, followed by Taraba and Gombe at N9,845.00 and N9,850.00.
This was contained in the Bureau’s “Cooking Gas Price Watch’’ for January 2023 released on Friday in Abuja. The report also showed that the average
price of 5 kg of cooking gas increased by 0.15 per cent from NZ$4,565.56 registered in December 2022 to NZ$4,588.75 registered in January 2023, while the year-on-year increase in cooking gas price increased by 25.46 per cent. give. % from NZ$3,657.57 registered in January 2022 to NZ$4,588.75 in January 2023.
According to the NBS Cooking Gas Report, Kwara has the highest average price per 5 kg of cooking gas at NZ$4,962.50, followed by Plateau at $4,945.50 and Adamawa at $4,936.67 New Zealand$ in the state profile analysis.
While Enugu on the other hand recorded the lowest price at N4,119.23, followed by Anambra and Rivers at N4,183.14 and N4,210.00, News Agency of Nigeria reported.
Analysis by zone showed that the North-Central recorded the highest average retail price of N4,859.60, followed by the North-West at N4,616.66.
The South-East recorded the lowest average retail price at N4,408.99,’’ the NBS said.
Similarly, the average retail price per litre of kerosene rose to N1,153.40 in January 2023 on a month-on-month basis, showing an increase of 4.42 per cent compared to N1,104.61 recorded in December 2022.
According to its National Kerosene Price Watch for January 2023, on a year-on-year basis, the average retail price per litre of kerosene rose by 163.87 per cent from N437.11 in January 2022.
On state profile analysis, the report showed the highest average price per litre of kerosene in December 2023 was recorded in Abuja at N1,566.67, followed by Lagos at N1,411.11 and Plateau at N1,383.33.
“On the other hand, the lowest price was recorded in Jigawa at N891.67, followed by Edo at N925.93 and Katsina at N935.19.
NBS said in its regional analysis, the Southwest had the highest average retail price per liter of kerosene at NBS 1,232.15, followed by the Southeast at NUR 1,223.95.
The Northwest had the lowest average retail price per liter of kerosene at NZ$1,003.54.
According to the report, the average retail price per gallon of kerosene paid by consumers in January 2023 was NZ$3,886.11, up 3.54 per cent from NZ$3,753.38 registered in December 2022. .
“The annual average price per gallon of kerosene increased by 154.20 per cent from 1,528.74 naira in January 2022.
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