Federal finance and statistics / National Bureau of Statistics

Liquefied Petroleum Gas (Cooking Gas) Price Watch (February 2024)

Executive Summary The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) increased by 19.75% on a month-on-month basis from N5,139.25 recorded in January 2023 to N6,154.50 in February 2024. On a year-on-year basis, this increased by 33.78% from N4,600.57 in February 2023. On state profile analysis, Lagos recorded the highest average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N6,820.00, followed by Imo with N6,785.71, and Anambra with N6,750.00. On the other hand, Yobe recorded the lowest price with N4,912.50, followe…