Nigerians Groan As Cooking Gas Price Hits New High – See Latest Rates Per KG

As of mid-February 2025, the price of refilling cooking gas in Nigeria has surged, reaching up to ₦1,500 per kilogram in some areas.....KINDLY READ THE FULL STORY HERE▶

This sharp increase is part of a broader trend of rising energy costs affecting households nationwide.

Market surveys reveal that the average price for refilling a 12.5kg Liquefied Petroleum Gas (LPG) cylinder has climbed to around ₦17,000 in various locations, particularly in Rivers State. This represents a significant jump from ₦12,000 in July 2024 and ₦11,735 in January 2024.

In October 2024, the National Bureau of Statistics (NBS) reported that the average price for refilling a 5kg cylinder was ₦6,915.69, reflecting a 3.32% month-on-month increase from ₦6,699.63 in September 2024. Compared to October 2023, this marks a staggering 51.58% rise from ₦4,562.51.

Regional Price Differences

Significant price variations exist across different states. In October 2024, Borno recorded the highest average price for a 5kg cylinder at ₦7,939.29, followed by Yobe at ₦7,580.00 and Benue at ₦7,578.00.

On the lower end, Katsina had the cheapest rate at ₦6,270.00, with Zamfara and Delta following at ₦6,410.71 and ₦6,427.78, respectively.

For the 12.5kg cylinder, Rivers State had the highest price at ₦17,895.00, followed by Osun at ₦17,739.06 and Benue at ₦17,731.25. Meanwhile, Katsina recorded the lowest price at ₦14,725.00, with Nasarawa at ₦15,390.55 and Adamawa at ₦15,474.21.

Reasons Behind the Price Hike

Several factors have contributed to the continuous rise in cooking gas prices:

• Heavy Import Dependence: Over 60% of Nigeria’s LPG supply is imported, making prices vulnerable to fluctuations in global oil markets and foreign exchange rates.
• Supply Chain Challenges: Transportation costs, import duties, and distribution bottlenecks have further exacerbated price surges.
• Market Demand: Increased household reliance on LPG due to a shift from traditional cooking fuels has driven up demand, straining supply.