The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas rose by 70.12 per cent, Year-on-Year, YoY to N7,418.45 in May 2024 from N4,360.69 in May 2023.
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas , commonly known as cooking gas rose by 70.12 per cent, Year-on-Year, YoY to N7,418.45 in May 2024 from N4,360.69 in May 2023.
The report also revealed that on a month-on-month basis, the price rose by 13.75 per cent from N6,521.58 in April “Regionally, the South-East had the highest average price for a 5kg refill at N7,680.87, followed by the South-West at N6,593.93, while the North-East had the lowest at N7,071.84.” However, on a month-on-month basis, the price declined by 0.07 per cent to N15,627.40 in May 2024 from N15,637.74 in April 2024.
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