February 24, 2023
The National Bureau of Statistics has revealed that the price of 12.5kg of cooking gas rose from N7,413.25 recorded in January 2022 to N10,277.17 in January 2023, representing a 38.63 percent increase on a year-on-year basis.
However, the cost to refill it rose by only 0.28 per cent on a month-on-month basis from N10,248.97 in December 2022 to N10,277.17 in January 2023.
State profile analysis showed that Benue recorded the highest average retail price of N11,260.67 for 12.5kg cooking gas, followed by Cross River at N10,833.33 and Ebonyi at N10,763.57.
On the other hand, the report showed that the lowest average price for 12.5kg of cooking gas was recorded in Yobe at N9,550.00, followed by Taraba and Gombe at N9,845.00 and N9,850.00.
Blaze Fm