The National Bureau of Statistics has revealed that the average price for refilling a 5kg Liquefied Petroleum Gas (cooking gas) cylinder in Nigeria decreased to N5,974.55 in July 2024.

This marks a 14.23% reduction on a month-on-month basis when compared to the average price of N6,966.03 recorded in June 2024.

The bureau also showed that on a year-on-year basis, 5kg cooking gas prices increased by 46.69% from N4,072.87 in July 2023.

Also, dealers crashed the average price to refill 12.5kg of cooking gas to N14,261.57 in July 2024.

The amount paid in July was 9.37% lower on a month-on-month basis compared to the N15,736.27 Nigerians paid in June 2024.

On a year-on-year basis, the July 2024 price represents an increase of 55.66% from N9,162.11 in July 2023.

The NBS gave the figures in its latest price watch report published on its website and analysed by Legit.ng.

States with the highest average prices (5kg)

Borno: N7,088.59

Yobe: N6,935.50

Sokoto: N6,750.00

States with the lowest average prices (5kg)

Delta: N5,392.86

Zamfara: N5,431.25

Kogi: N5,560.63

States with the highest average prices (12.5kg)

Gombe: N15,872.22

Yobe: N15,823.32

Taraba: N15,625.00

States with the lowest average prices (12.5kg)

Kwara: N13,314.47

Enugu: N13,411.39

Nassarawa: N13,413.81