The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N6,430.02 recorded in August to N6,699.63 in September 2024

The NBS disclosed this in its ‘Cooking Gas Price Watch’ for September which was released on Friday, October 11, 2024.

The NBS said the September price represented a 4.19 per cent increase, compared to what was obtained in August.

The bureau stated that the average price of 5kg of cooking gas increased on a year-on-year basis by 59.90 per cent from N4,189.96 in September 2023 to N6,699.63 in September 2024.

On state profile analysis, the bureau noted that Rivers State recorded the highest average price at N7,285.71, followed by Gombe State at N7,271.88, and Borno State at N7,089.72.

It said Kebbi State recorded the lowest price at N5,950.00, followed by Kano and Benue States at N6,133.33 and N6,143.52, respectively.

Analysis according to the six zones showed that the North-East recorded the highest average retail price at N6,929.02 for 5kg cooking gas, followed by the South-East at N6,893.47.

“The North-West recorded the lowest average retail price at NN6,382.30,” the NBS said.

The NBS added that the average retail price for refilling a 12.5kg cooking gas increased by 4.89 per cent on a month-on-month basis from N15,552.56 in August 2024 to N16,313.43 in September.

The bureau said the average retail price for 12.5kg cooking gas rose by 76.41 per cent on a year-on-year basis from N9,247.40 recorded in September 2023 to N16,313.43 in September 2024.

State profile analysis showed that Rivers State recorded the highest average retail price of N17,992.86 followed by Gombe State at N17,942.86, and Zamfara State at N17,475.00.

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On the other hand, the NBS disclosed that the lowest average price for 12.5kg of cooking gas was recorded in Adamawa State at N13,983.33, followed by Nassarawa and Bauchi States with N14,938.50 and N15,000.00, respectively.

Analysis by zone showed that the South-East recorded the highest average retail price of N16,957.29, followed by the South-West at N16,665.45.

The bureau said the North-East recorded the lowest price at N15,770.75

Similarly, the NBS said the average retail price per litre of kerosene increased to N1,957.44 in September 2024 on a month-on-month basis, showing an increase of 5.97 per cent, compared to the N1,847.59 recorded in August 2024.

According to NBS National Kerosene Price Watch for September 2024 on a year-on-year basis, the average retail price per litre of kerosene rose by 50.68 per cent from N1,299.03 in September 2023.

On state profile analysis, the bureau stated that Abuja recorded the highest average price at N2,816.67 per litre of kerosene in August, followed by Kaduna State at N2,437.50 and Akwa Ibom State at N2,411.11.

“On the other hand, the lowest price was recorded in Bayelsa at N1,416.67, followed by Borno at N1,477.83 and Ekiti at N1,635.00,” it noted.

The NBS said the analysis further showed that the North-Central recorded the highest average retail price per litre of Kerosene at N2,194.05, followed by the North-West at N2,092.92.

It said the South-East recorded the lowest average retail price per litre of kerosene at N1,718.89.

The Star