Cooking gas price rises 86.6% in one year – NBS
The average price of 5kg of cooking gas rose from N4,456.56 in August to N4,474.48 in September, the National Bureau of Statistics (NBS) said.
He said in his "Cooking Gas Price Watch" for September 2022 released Saturday in Abuja that the September price was a 0.40% increase from that obtained in August.
“On an annual basis, the September 2022 price of N4,474.48 for 5 kg of gas was an increase of 86.62% over the price of N2,397.60 obtainable for the same volume in September 2021,” he said. .
On state profile analyses, the report indicates that Kwara recorded the highest average price of N4,950 for 5 kg of cooking gas, followed by Niger at N4,941.67 and Adamawa at N4,928.29.
He added that Abia recorded the lowest price at N4,044.44, followed by Anambra and Kano State at N4,100.00 and N4,109.67, respectively.
Analysis by geopolitical areas showed that the North-Central recorded the highest average retail price of 4,715.74 naira, for 5 kg of cooking gas, followed by the North-East at 4,539.41 naira.
“South-South recorded the lowest retail price at N4,317.92,” the BES said.
He also reported that the average retail price for refilling a 12.5kg cooking gas cylinder has increased from N9,899.34 in August 2022 to N9,906.44 in September, indicating an increase of 0.07% on a monthly basis.< /p>
YoY, the price increased by 60.69% from N6,164.97 in September 2021 to the corresponding period in September 2022.
On state analyses, the report says that Cross River recorded the highest average retail price for 12.5kg of cooking gas at N10,937.50, followed by Kogi at N10,760 and Oyo at N10,723.75.
The lowest average price was recorded in Yobe at N8,350, followed by Katsina and Taraba at N8,545.56 and N9,025.78, respectively, the BES said.
KeroseneSimilarly, the price of jet fuel rose to N947.30 per liter in September, an increase of 17.2% from the price of N809.52 it was sold for in August 2022.< /p>
According to its National Kerosene Price Watch, on a yearly basis, the average retail price per liter increased by 118.08% from N434.39 recorded in September 2021 to N947.30 in September 2022 .< /p>
Further analysis showed that the highest average price per liter of kerosene in September 2022 was recorded in Enugu State at N1,272.50, followed by Ebonyi at N1,263.89 and Cross River at 1187.50 N.
The report showed that the lowest price was recorded in Rivers at N686.27, followed by Bayelsa at N715.15 and Nasarawa at N735.29.
Analysis by area showed that the Southeast recorded the highest average retail price per liter of kerosene at 1,128.28 Naira, followed by the South West at 1,068.18 Naira.
"The North West recorded the lowest average retail price at N868.89 per liter of kerosene," the BES said.
He added that the average retail price per gallon of jet fuel in September 2022 was N3,236.27, an increase of 9.79% from the N2,947.65 recorded in August.
>According to the report, on a yearly basis, the price increased by 110.04% from 1,540.82 Naira registered in September 2021 to 3,236.27 Naira registered in September 2022.
Analysis by state showed that Abuja recorded the highest price per gallon of kerosene at 4,200.00 naira, followed by Abia at 4,078.57 naira and Enugu State at 4 052.38 naira.
The NBS said that Borno recorded the lowest price at N2,500, followed by Zamfara and Delta with N2,555.56 and N2,576.92, respectively.
He added that analyzes by area showed that the South East recorded the highest average retail price per gallon of kerosene at 3,607.38 Naira, followed by the South West at 3,468.42 Naira.
He also said that the North East recorded the lowest price of N2,803.96 for a gallon of jet fuel in September 2022. (NAN)
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The average price of 5kg of cooking gas rose from N4,456.56 in August to N4,474.48 in September, the National Bureau of Statistics (NBS) said.
He said in his "Cooking Gas Price Watch" for September 2022 released Saturday in Abuja that the September price was a 0.40% increase from that obtained in August.
“On an annual basis, the September 2022 price of N4,474.48 for 5 kg of gas was an increase of 86.62% over the price of N2,397.60 obtainable for the same volume in September 2021,” he said. .
On state profile analyses, the report indicates that Kwara recorded the highest average price of N4,950 for 5 kg of cooking gas, followed by Niger at N4,941.67 and Adamawa at N4,928.29.
He added that Abia recorded the lowest price at N4,044.44, followed by Anambra and Kano State at N4,100.00 and N4,109.67, respectively.
Analysis by geopolitical areas showed that the North-Central recorded the highest average retail price of 4,715.74 naira, for 5 kg of cooking gas, followed by the North-East at 4,539.41 naira.
“South-South recorded the lowest retail price at N4,317.92,” the BES said.
He also reported that the average retail price for refilling a 12.5kg cooking gas cylinder has increased from N9,899.34 in August 2022 to N9,906.44 in September, indicating an increase of 0.07% on a monthly basis.< /p>
YoY, the price increased by 60.69% from N6,164.97 in September 2021 to the corresponding period in September 2022.
On state analyses, the report says that Cross River recorded the highest average retail price for 12.5kg of cooking gas at N10,937.50, followed by Kogi at N10,760 and Oyo at N10,723.75.
The lowest average price was recorded in Yobe at N8,350, followed by Katsina and Taraba at N8,545.56 and N9,025.78, respectively, the BES said.
KeroseneSimilarly, the price of jet fuel rose to N947.30 per liter in September, an increase of 17.2% from the price of N809.52 it was sold for in August 2022.< /p>
According to its National Kerosene Price Watch, on a yearly basis, the average retail price per liter increased by 118.08% from N434.39 recorded in September 2021 to N947.30 in September 2022 .< /p>
Further analysis showed that the highest average price per liter of kerosene in September 2022 was recorded in Enugu State at N1,272.50, followed by Ebonyi at N1,263.89 and Cross River at 1187.50 N.
The report showed that the lowest price was recorded in Rivers at N686.27, followed by Bayelsa at N715.15 and Nasarawa at N735.29.
Analysis by area showed that the Southeast recorded the highest average retail price per liter of kerosene at 1,128.28 Naira, followed by the South West at 1,068.18 Naira.
"The North West recorded the lowest average retail price at N868.89 per liter of kerosene," the BES said.
He added that the average retail price per gallon of jet fuel in September 2022 was N3,236.27, an increase of 9.79% from the N2,947.65 recorded in August.
>According to the report, on a yearly basis, the price increased by 110.04% from 1,540.82 Naira registered in September 2021 to 3,236.27 Naira registered in September 2022.
Analysis by state showed that Abuja recorded the highest price per gallon of kerosene at 4,200.00 naira, followed by Abia at 4,078.57 naira and Enugu State at 4 052.38 naira.
The NBS said that Borno recorded the lowest price at N2,500, followed by Zamfara and Delta with N2,555.56 and N2,576.92, respectively.
He added that analyzes by area showed that the South East recorded the highest average retail price per gallon of kerosene at 3,607.38 Naira, followed by the South West at 3,468.42 Naira.
He also said that the North East recorded the lowest price of N2,803.96 for a gallon of jet fuel in September 2022. (NAN)
Support the integrity and credibility journalism of PREMIUM TIMES Good journalism is very expensive. Yet only good journalism can guarantee the possibility of a good society, an accountable democracy and a transparent government. For free and continued access to the best investigative journalism in the country, we ask that you consider providing modest support to this noble endeavour. By contributing to PREMIUM TIMES, you are helping to sustain a ...What's Your Reaction?
