The National Bureau of Statistics (NBS) has published its “Cooking Gas Price Watch” report for September 2024, showing a notable rise in the average cost of cooking gas.
The report states that the price of a 5 kg cylinder of cooking gas went up from ₦6,430.02 in August to ₦6,699.63 in September, which is a 4.19% increase. This is also a significant 59.90% increase compared to the ₦4,189.96 recorded in September 2023.
Looking at different regions, Rivers State had the highest average price for a 5kg cylinder at ₦7,285.71, followed by Gombe at ₦7,271.88 and Borno at ₦7,089.72. On the other hand, Kebbi had the lowest price at ₦5,950.00.
The NBS also noted a 4.89% increase in the average price for refilling a 12.5kg cooking gas cylinder, rising from ₦15,552.56 in August to ₦16,313.43 in September.
Furthermore, the average price per litre of kerosene increased to ₦1,957.44 in September, which is a 5.97% rise from ₦1,847.59 in August. Compared to the same month last year, kerosene prices have also gone up.
