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Cooking Gas Price Falls by 6.07% - NBS

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The price of cooking gas reduced by about 300 naira between the month of April and May.

The latest data from the National Bureau of Statistics shows price of cooking gas reduced from N4,642.27 recorded in April 2023 to N4,360.69 in May 2023.

The report says the May 2023 price represented a 6.07 per cent increase, compared to what was obtained in April 2023.

It also says on a year-on-year basis, the increase was 11.20 per cent from N3,921.35 recorded in May 2022.

Meanwhile, according to the NBS, the average retail price per litre of Kerosene rose to N1,206.05 in May 2023

NBS data shows that on a month-on-month basis, this is an increase of 3.91 per cent when compared to N1,160.67 recorded in April 2023.

 


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