Average price to refill 5kg now N4,549 – NBS

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 1.46% on a month-on-month basis from N4,483.75 recorded in October 2022 to N4,549.14 in November 2022.

On a year-on-year basis, this rose by 37.34% from N3,312.42 in November 2021. On State profile analysis, Niger recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,983.33, followed by Kwara with N4,963.33, and Adamawa with N4,960.00.

On the other hand, Abia recorded the lowest price with N4,125.00, followed by Delta and Anambra with N4,202.78 and N4,204.17 respectively.

In addition, analysis by zone showed that the North-Central recorded the highest average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N4,852.74, followed by the North-East with N4,606.80, while the South-East recorded the lowest with N4,357.18. 

Meanwhile, The average retail price per litre of Household Kerosene (HHK) paid by consumers in November 2022 on a month-on-month basis was N1,083.57, indicating an increase of 4.08% compared to N1,041.05 recorded in October 2022.

On a year-on-year basis, the average retail price per litre of the product rose by 145.68% from N441.06 in November 2021.

On state profile analysis, the highest average price per litre in November 2022 was recorded in Akwa Ibom with N1,416.67, followed by Cross River with N1,366.67 and Abuja with N1,306.67.

On the other hand, the lowest price was recorded in Borno with N875.83, followed by Rivers with N910.00 and Nasarawa with N913.56.