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As cooking gas price increases by 5%, these new prices will leave you distubed




Residents of Edo, Abia, Akwa Ibom, Bayelsa, Cross River, Zamfara, Rivers and Kebbi and Delta states paid the highest price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (cooking gas) in February, the National Bureau of Statistics (NBS), has said.

According to the report released on Tuesday, March 14, the average price for the refilling of a 5kg cylinder of cooking gas increased by 5.48% month-on-month, from N2,567.56 in January to N2,708.38 in February.

Abia, Rivers, Kebbi residents paid highest for cooking gas as price increases by 5per cent

Osun (N2,393.75), Oyo (N2,376.47) and Ondo (N2,372.73) states had the lowest average price for for the refilling of a 5kg cylinder.

READ ALSO: Transport fare increases as inflation rate drops

Abia, Rivers, Kebbi residents paid highest for cooking gas as price increases by 5per cent

However, the average price for the refilling of a 12.5kg cylinder of cooking gas decreased by 2.95 per cent to N5,345.87 in February from N5,508.16 in January 2017.

Abia, Rivers, Kebbi residents paid highest for cooking gas as price increases by 5per cent

States with the highest average price for the refilling of a 12.5kg cylinder were Akwa Ibom, Cross River, Edo, Kebbi, Rivers, Yobe, Delta and Borno states.

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States with the lowest average price for the refilling of a 12.5kg cylinder were Lagos (N4,797.22), Ogun (N4,777.28) and Oyo (N4,322.22) states.

Abia, Rivers, Kebbi residents paid highest for cooking gas as price increases by 5per cent

This follows a recent report by the NBS which indicated that the inflation rate dropped from 18.72 percent in January 2017, to 17.78 percent in February 2017.

Meanwhile, transport fare increased from N122.83 to N122.85 between January and February 2017

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