The cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has experienced a 38% increase on a month-on-month (MoM) basis, reaching N16,250 for a 12.5kg cylinder compared to N11,735.72 in January 2024.

Additionally, the price of 1kg of gas rose by 37% to N1,300 from N950 during the same period.

The latest report from the Nigeria Bureau of Statistics (NBS) Liquefied Petroleum Price Watch for January 2024 revealed a 3.55% MoM increase in the average retail price for refilling a 5kg cylinder of cooking gas, reaching N5,139.25 compared to N4,952.87 in December 2023.

On a year-on-year (YoY) basis, the 5kg cylinder price saw a 12% increase, rising to N5,139.25 in January 2024 from N4,588.75 in the corresponding period of 2023.


Nassarawa State recorded the highest average price for refilling a 5kg cooking gas cylinder at N5,790.00, followed by Jigawa State at N5,681.82 and Gombe State at N5,660.00.

Conversely, Kaduna State had the lowest price at N4,150.00, followed by Ogun and Osun States with N4,751.04 and N4,763.53, respectively.

Experts say the latest information will pressure the finances of an already stretched citizenry as Nigeria continues to battle inflation.

Source : https://politicsnigeria.com/hardship-more-woes-for-nigerians-as-cooking-gas-price-hits-n16250-per-12-5kg-cylinder/?fbclid=IwAR1CFH1QOjRgBWcoPE2Udw2STCROo59Ed6mv9cijNYVGDWgWDWaClPx6k6I

What a balablu
Cardoso economics practical must touch every body
I get yam Onion's pepper and tomatoes
But no veg oil
To boil yam n sauce
Since morning I yam looking at neutral Polish n it is looking at me..

Haaaa Wahala. Na wood 🪵 style of cooking people are practicing now. No time to waste time

And some irredentist are saying leaders shouldn’t be cursed, such misplaced priority. So they believe in course so low

Rising gas prices will only make life harder for Nigerians already struggling with inflation.

Tinupoo is a disaster


He has employed jobless youths as social media white washing and propaganda tool.

But unfortunately for him, propaganda does not run a government successfully

He has hit the ground running

Tinubu came to power through a very crude devilish route, and the law of nature has a way of paying back. In other words, Tinubu will experience the most torbulent era ever witnesed by any leader and ultimately painful death.

If I talk now our Nairaland resident economists will say profit must be made and nothing should be subsidized.
Barely any food to cook and cooking gas is trying to go up too.

Lies

It's sold for#500 here in bourdillon street

Ok

Let's wait for more to come

I bought 1500 per kg yesterday
18750 for 12.5kg

Gas wey be 250 per kg like 3-4 years ago

,.,

Oghighirhighi:
Tinubu came to power through a very crude devilish route, and the law of nature has a way of paying back. In other words, Tinubu will experience the most torbulent era ever witnesed by any leader and ultimately painful death.

Let me quote this for posterity. Your generation will never lack if what you have written comes to pass. Amen

Flash your APC membership card or provide proof of being from the same tribe with the president and you get to buy the same for just 3500 naira. Banza kawaii

Nigeria rich in gas but still importing gas.

The journey has just begun.
Nigeria is not for you. Nigerians are foreigners in Nigeria.
Digest this and move....

1450 per kg in my area we are finished

u ppl should stop reporting all dis kyne news abeg!

or is it ur plan to emotionally & psychomentally kill d ronu advocates 1st b4 dey finally kpeme physically?

Jagaban till 2645!
✌️

I shouted AWALOKAN, and my gas cylinder was filled for free.

I dont know if it's a curse to be a Nigerian

APC is a disaster Nigerians are the problem how can anyone who lived in Nigeria from 2015 under Buhari cast a vote for APC in 2023 I feel only for those who did not vote for APC all who voted APC may all the disaster that comes with this government meet you all and members of your families

@Freestuff

Ogun go kee u and other Tinubu urchins here on Nairaland..


Stupid set of nincompoop!!!

Why is it increasing?

I tot as the value of Naira is increasing, the price of gas will decrease!

Pls, expert in the house help me. I really like to understand how the pricing system of cooking gas work.

MikeMicheal:
I shouted AWALOKAN, and my gas cylinder was filled for free.

drop location abeg make I borrow my G kazeem ronu card go take fill up!

AlexBells:
And some irredentist are saying leaders shouldn’t be cursed, such misplaced priority. So they believe in course so low

If you curse I will get you arrested

17,500 @ 1,400/kg

Is it favouring ronus and their families?

Gas has been 1300 per kg for more than 3 weeks now.