
Joseph Emeribe
2024-06-20
0
The National Bureau of Statistics has announced that the average price of 5kg cooking gas increased from N6,521.58 to N7,418.45 between April and May 2024.
This is contained in the Bureau’s report on “Cooking Gas Price Watch’’ for May 2024, released via its official website, revealing that the price in May represented a 13.75 per cent increase, compared to what was obtained in the previous month.
The NBS further stated that the average price of 5kg cooking gas increased on a year-on-year basis by 70.12 per cent from N4,360.69 recorded in May of last year to N7,418.45 in May 2024.
According to report, the South East recorded the highest average retail price of 5kg cooking gas at N7,680.87, followed by the South-West at N6,593.93.