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The prices of cooking gas and kerosene in Nigeria rose 1.81 per cent and 2.09 per cent respectively in September, eluding any sort of relief to consumers.
The prices of cooking gas and kerosene in Nigeria rose 1.81 per cent and 2.09 per cent respectively in September, eluding any sort of relief to consumers. The National Bureau of Statistics (NBS) in its Liquefied Petroleum Gas (Cooking Gas) and National Household Kerosene Price Watch for September 2023, disclosed that the average retail price for refilling a 5kg Cylinder of cooking gas increased by 1.81 per cent on a month-on-month basis from N4,115.32 recorded in August 2023 to N4,189.96 in September 2023. The price per litre of kerosene paid by consumers in the same period was N1,299.03, which was an increase of 2.09 per cent compared to N1,272.40 recorded in August 2023. On a year-on-year basis, the price of cooking gas declined by 6.36 percent from N4,474.48 in September 2022.
The highest average price per litre in September 2023 was recorded in Adamawa with N1,746.05, followed by Cross-River with N1,541.67 and Abuja with N1,492.50. The lowest price was recorded in Jigawa with N1, 104.78, followed by Enugu with N1, 134.52, and Kano with N1, 142.27.
In addition, analysis by zone showed that the North-East recorded the highest average retail price per litre of Household Kerosene with N1,390.67, followed by the South-East with N1,368.49, while the North-West recorded the lowest with N1,190.81.
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The average retail price per gallon of Household Kerosene paid by consumers in September 2023 was N4, 379.31, showing an increase of 0.64 per cent from N4, 351.53 in August 2023.On a year-on-year basis, this increased by 35.32 per cent from N3, 236.27 in September 2022.
