Why Cooking Gas Price Increase By 70.12%

Reportgist
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The average ratail price refilling a 5Kg Gas Cylinder commonly known as cooking gas rose by 70.12 per cent, Year-on-Year, YoY to N7,418.45 in May 2024 from N4,360.69 in May 2023>>>CONTINUE FULL READING HERE....CONTINUE READING THE ARTICLE FROM THE SOURCE

The National Bureau of Statistics (NBS) disclosed this in its Liquified Petroleum Gas (Cooking Gas) Price Watch for May 2024.

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The report also revealed that on a month-on-month (MoM) basis, the price rose by 13.75 per cent from N6,521.58 in April 2024.

The NBS said: “On state profile analysis in May 2024, Benue recorded the highest average price for refilling a 5kg LPG cylinder at N8,012.03, followed by Enugu at N7,926.21 and Ondo at N7,857.53.>>>CONTINUE FULL READING HERE

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