12.5kg Cooking Gas Hits N8,000 In January – NBS

Abuja, Oyo and Osun residents paid the most in January as cooking gas prices hit rooftops
February 18, 2022
Cooking Gas Marketers Reveal Panic Buying Could Raise Price In Nigeria

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

Prime Business Africa gathered that the average price for refilling a 12.5kg Cylinder of cooking gas during the month under review was N7,413.25.

Join our WhatsApp Channel

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

The report read that 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.

+ posts
NIPC
Previous Story

Yewande Sadiku, Ex-NIPC Boss, Appointed Into Flour Mills Board

Next Story

2023: Sign Electoral Bill Within Five Days Or Risk Postponement Of Presidential Election, INEC Tells Buhari

Featured Stories

Latest from Business

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US tariffs and weak demand in China. The cuts will affect around 600 employees, out of the company’s 3,000-strong
Production Cost Gulped More Than Half Of Fidson's Revenue In 2025

Production Cost Gulped More Than Half Of Fidson’s Revenue In 2025

Fidson Healthcare Plc generated N119.06 billion revenue in 2025, exceeding the N84.18 billion topline recorded in 2024, representing 41.42 percent. In the company’s unaudited report and financial statements for the period ended December 31, 2025, Fidson spent N69.91 billion on the cost
Nigerian Stock Market Cap Extends Decline With N73.44bn Loss

Nigerian Stock Market Cap Extends Decline With N73.44bn Loss

The Nigerian Exchange (NGX), also known as the stock market, saw its market capitalisation decline marginally by N73.44 billion on Wednesday, February 25, to N124.75 trillion, from N124.82 trillion reported on Tuesday, February 24. The all-share index (ASI) decreased by 114.41 basis
NIPC
Previous Story

Yewande Sadiku, Ex-NIPC Boss, Appointed Into Flour Mills Board

Next Story

2023: Sign Electoral Bill Within Five Days Or Risk Postponement Of Presidential Election, INEC Tells Buhari

Don't Miss

Pan AfricanisPan Africanism, Africa Day And The Challenges Of Development

Pan Africanism, Africa Day And The Challenges Of Development

The deepening economic challenges in Nigeria and many other African
IATF2025 Set to Boost Intra-African Trade with $44 Billion in Projected Deals

IATF2025 Set to Boost Intra-African Trade with $44 Billion in Projected Deals

Africa’s Leading Trade Fair Set for Algeria The countdown to