TheCable

The National Bureau of Statistics (NBS) says residents in Osun, Abuja and Oyo states paid the highest amount for liquefied petroleum gas, better known as cooking gas, in January 2022.

The average price for refilling a 12.5kg Cylinder of cooking gas during the month under review was N7,413.25.

The NBS said this in its Liquefied Petroleum Gas (cooking gas) price watch for January 2021.

According to the report, the price of cooking gas increased by 1.11 percent from a lower cost of N7,332.04 in December 2022.

The value also increased on a year-on-year basis to 77.45 percent from N4,177.55 in January 2021.

“The states with the highest average price for the refilling of a 12.5kg of cooking gas were Osun with N8,525, Abuja with N8,400 and Oyo at N8,225,” the report reads.

“While the states with the lowest average price for the refilling of a 12.5kg of cooking gas were Borno, Yobe and Bayelsa with N5881.39, N6625.00 and N6711.96 respectively.”

Across the geopolitical zones, the report showed that the average retail price of 12.5kg of cooking gas by zones was highest in the south-west at N7,835.07, followed by north-central and north-west with N7,679.19 and N7463.94, respectively.

The south-south zone had the lowest price of the product at N7017.54 compared to other zones.

Despite the promises made at COP 26, the country experienced its highest surge in LPG prices in 2021. Timipre Sylva, minister of state for petroleum resources, had said the government has no control of the cooking gas prices.