Good News: Dealers Crash Cooking Gas Prices, Report Shows Cheapest States To Refill 12.5kg, 5kg

• The NBS has revealed that refilling cooking gas in Nigeria has reduced, and dealers are quoting new prices
• The reduction is compared to the amount paid in the previous by Nigerians for refilling a 5kg and 12.5kg cylinder
• Residents of Borno recorded the highest average price for refilling a 5kg Cylinder while the lowest price was recorded for 12.5kg in Kwara

The National Bureau of Statistics has revealed that the average price for refilling a 5kg Liquefied Petroleum Gas (cooking gas) cylinder in Nigeria decreased to N5,974.55 in July 2024.

This marks a 14.23% reduction on a month-on-month basis when compared to the average price of N6,966.03 recorded in June 2024.

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The bureau also showed on a year-on-year basis, 5Kg cooking gas prices increased by 46.69% from N4,072.87 in July 2023.

Also, dealers also crashed the average price to refill 12.5kg of cooking gas to N14,261.57 in July 2024

The amount paid in July is 9.37% lower on a month-on-month basis compared to N15,736.27 Nigerians paid in June 2024.

On a year-on-year basis, the July 2024 price represents an increase of 55.66% from N9,162.11 in July 2023.

States with the highest average prices (5kg):

Borno: N7,088.59

Yobe: N6,935.50

Sokoto: N6,750.00

States with the lowest average prices (5kg):

Delta: N5,392.86

Zamfara: N5,431.25

Kogi: N5,560.63

States with the highest average prices (12.5kg):

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Gombe: N15,872.22

Yobe: N15,823.32

Taraba: N15,625.00

States with the lowest average prices (12.5kg):

Kwara: N13,314.47

Enugu: N13,411.39

Nassarawa: N13,413.81

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