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Home Business & Finance Oil & Gas

Cooking gas price in Nigeria soars by 44.5% in one year

Nigerians face rising energy costs despite policy interventions

David Okere by David Okere
September 2, 2025
in Oil & Gas
0
Cooking Gas

Cooking gas price in Nigeria jumped 44.5% YoY in July 2025, rising from N14,261 to N20,609, despite efforts to curb inflation in the LPG market

Cooking gas price in Nigeria surged by 44.51% year-on-year in July 2025, hitting an average of ₦20,609.48 for a 12.5 kg cylinder.

Also read: Safe use of cooking gas at home with Prince Olufemi Odulaja (Podcast)

This steep increase, reported by the National Bureau of Statistics (NBS) in its latest LPG Price Watch, marks a significant jump in household energy expenses across the country.

The cost in July 2024 stood at ₦14,261.57, showing how inflation and supply constraints continue to burden Nigerian families despite several government interventions.

Although the Federal Government halted the export of locally produced cooking gas in October 2024 to prioritize domestic supply, prices have remained on an upward trajectory.

The restriction, which took effect on November 1, 2024, was designed to curb soaring costs, but the impact appears muted so far.

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, had promised that the move would stabilize the market. Yet, the NBS data reveals a different reality.

While the year-on-year figures show a sharp increase, there was a modest 1.91% drop month-on-month from ₦21,010.56 in June 2025 to ₦20,609.48 in July 2025.

Experts caution that this minor dip may not signal a lasting trend.

The average cost of refilling a 5 kg cylinder also showed a slight monthly decrease of 0.96%, from ₦8,323.95 in June to ₦8,243.79 in July.

However, year-on-year, that price still represents a 37.98% rise from ₦5,974.55 in July 2024.

According to the NBS, Adamawa State recorded the highest average price for refilling a 12.5 kg cooking gas cylinder at ₦22,528.39, followed closely by Rivers (₦22,512.49) and Taraba (₦22,363.57).

On the opposite end, Yobe had the lowest price at ₦19,030.00, with Niger (₦19,154.99) and Nasarawa (₦20,000.62) also among the most affordable.

By geopolitical zone, the South-South region reported the highest average LPG price at ₦21,278.14, followed by the South-East (₦20,802.89).

The South-West had the lowest regional average at ₦20,184.79.

The sharp rise in the cooking gas price in Nigeria comes amid broader concerns about rising living costs and energy insecurity.

Even as the government attempts to stabilize supply and enforce price moderation, many Nigerians are left absorbing the cost burden.

The NBS survey, which gathered data from over 10,000 households across Nigeria’s 774 local governments, paints a clear picture: the cost of clean cooking energy is becoming increasingly unaffordable.

Despite modest month-on-month relief, the 44.5% annual surge in cooking gas price in Nigeria is a troubling indicator for household energy affordability.

Allso read: Cooking gas export ban crashed domestic price – Marketers

With limited signs of sustained policy impact, citizens may continue to feel the pressure for months to come.

Source: Read more at arise.tv

David Okere
David Okere

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