By Munachimso Obienyi
Nigerians are paying higher for cooking gas cylinder refills today than they did in 2021.
According to data obtained from the Liquefied petroleum gas (LPG) price watch released by the National Bureau of Statistics (NBS) in November 2022 by NwafoLive, cooking gas price refill for 5kg cylinder rose by 70.62 per cent in one year.
Data shows that on a year-on-year basis, refilling a 5kg Cylinder rose by 70.62 per cent from N2,627.94 in October 2021 while refilling a 12.5kg Cylinder rose by 51.40 per cent from N6,638.27 in October 2021.
The data also shows that Nigerians paid up to N4,483.75 to refill a 5kg cylinder of LPG also known as cooking gas in October 2022. Meanwhile, they paid up to N10,050.53 to refill a 12.5kg cylinder of LPG in October 2022.
In September 2022, the Nigerian government said it was planning to establish the Gas Funding Company Limited for the injection of 20 million LPG cylinders in the next 5 years.
