Prices of Petroleum products across the 36 states of the federation witnessed a significant decline in the month of May 2019, with the price of cooking gas decreasing by 1.7 per cent.
National Bureau of Statistics, NBS, said in its latest report on the prices of Liquefied Petroleum Gas, LPG, stated that the average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.90% month-on-month and -2.13% year-on-year to N2,028.04 in May 2019 from N2,046.53 in April 2019.
States with the highest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Adamawa and Bauchi (N2,500.00), Yobe (N3,375.00) and Borno (N2,342.86).
States with the lowest average price for the refilling of a 5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) were Edo (N1,714.17), Abuja (N1,675.00) and Ebonyi (N1,666.67).
Similarly, the average price for the refilling of a 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) decreased by -0.79% month-on-month and -1.82% year-on-year to N4,220.44 in May 2019 from N4,253.91 in April 2019.
