From N6,165 in September 2021 to N9,906 in September 2022, the cost of 12.5kg of cooking gas increased by 61%.
In its report on Liquefied Petroleum Gas (Cooking Gas) Price Watch for September 2022, the National Bureau of Statistics revealed this.
According to the bureau’s examination of state profiles, Cross River had the highest average retail price for the commodity at N10,937, followed by Kogi and Oyo at N10,760 and N10,724, respectively.
On the other hand, Yobe had the lowest average price, N8,350, followed by Katsina and Taraba, N8,545 and N9,026 respectively.
With N10,320, the South-West had the highest average retail price for filling a 12.5 kg cylinder, followed by the South-South with N10,202, and the North-East had the lowest average retail price at N9,300.
The Nigerian Association of Liquefied Petroleum Gas Marketers warned Nigerians against panic buying in light of the recent force majeure declaration by the Nigeria Liquefied Natural Gas Limited and the rising price of gas.
The request was made in a statement by the organization’s president, Oladapo Olatunbosun, against the backdrop of NLNG’s declaration of force majeure on its gas facilities owing to flooding.
Olatunbosun advised against panicking about a potential shortage of cooking gas because of the force majeure.
“Based on information reaching the association, the NLNG has not shut down its production facility in Bonny as rumoured,” he stated.
