Cooking gas price drops by 1.06% in April

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GAS
  • South East records lowest average price with N6,204.86/5kg

The average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) declined by 1.06 percent on a month-on-month basis from N6,591.62 recorded in March 2024 to N6,521.58 in April 2024.

On a year-on-year basis, this increased by 40.48 percent from N4,642.27 in April 2023.

On state profile analysis, Bauchi recorded the highest aver age price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N7,000.00, followed by Kano with N6,998.67, and Yobe with N6,962.50.

On the other hand, Adamawa recorded the lowest price with N5,470.00, followed by Enugu and Katsina with N5,973.53 and N5,981.82 respectively.

In addition, analysis by zone showed that the South-South recorded the highest average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N6,767.27, followed by the North-East with N6,602.50 while the South-East recorded the lowest with N6,204.86.

On the contrary, the average retail price per litre of Household Kerosene paid by consumers in April 2024 was N1,439.64, showing an increase of 6.29 percent compared to N1,354.40 recorded in March 2024.

On a year-on-year basis, the average retail price per litre of the product rose by 24.04 percent from N1,160.67 in April 2023.

On state profile analysis, the highest average price per litre in April 2024 was recorded in Benue with N1,788.47, followed by Kaduna with N1,761.62 and Plateau with N1,717.78.

On the other hand, the lowest price was recorded in Katsina with N1,222.22, followed by Jigawa with N1,240.74 and Kwara with N1,252.38.

In addition, analysis by zone showed that the North Central recorded the highest average retail price per litre of Household Kerosene with N1,525.27, followed by the South-West with N1,479.24, while the South-East recorded the lowest with N1,391.68.