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Nigeria’s LPG Price Rises by Over 25% in 12 Months

By Adaobi Rhema Oguejiofor

The Nigerian Bureau of Statistics (NBS) has said that the average price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, rose by 25.46 percent in 12 months across Nigeria.

This was stated in its report titled “Liquefied Petroleum Gas (LPG) Price Watch (January,2023).”

According to the report, the average retail price for refilling a 5kg cooking gas cylinder increased by 0.51 percent on a month on month basis from N4,565.56 recorded in December, 2022 to N4,588.75 in January, 2023.

The report’s state profile analysis showed that Kwara recorded the highest average price of N4,962.50 for refilling a 5kg cooking gas cylinder, while Enugu recorded the lowest price of around N4,119.23.

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