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Price of cooking gas skyrockets by 44.5% in 12 months

AOXEN by AOXEN
September 3, 2025
in Business
Price of cooking gas skyrockets by 44.5% in 12 months
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The price of cooking gas has shot up by 44.5% in 12 months, data from the National Bureau of Statistics (NBS) has shown.

In its Liquefied Petroleum Gas (LPG) Price Watch Report for July 2025, NBS stated that the cost of refilling a 12.5 kg cylinder rose from ₦14,261.57 in July 2024 to ₦20,609.48 in July 2025.

This is a big rise for Nigerian households struggling with energy costs. Interestingly, the figure contrasts with July 2024, when cooking gas prices had dropped by 9.37% from ₦15,736.27 in June 2024 to ₦14,261.57.

To ease the rising costs, the Federal Government in October 2024 stopped the export of locally produced gas to make more available for Nigerians. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the move was meant “to mitigate the soaring price of gas” and started on November 1, 2024.

Despite the sharp yearly increase, the NBS report showed a small month-on-month relief. Prices fell by 1.91%, dropping from ₦21,010.56 in June 2025 to ₦20,609.48 in July 2025. Experts, however, warn that this slight drop may not mean prices will continue to fall.

For smaller households, the cost of refilling a 5 kg cylinder “decreased by 0.96% on a month-on-month basis from ₦8,323.95 in June 2025 to ₦8,243.79 in July 2025.

“On a year-on-year basis, this increased by 37.98% from ₦5,974.55 in July 2024,” the NBS added.

Adamawa recorded the highest average price for 5 kg at ₦9,011.36, followed by Rivers (₦9,005.00) and Taraba (₦8,945.43). Yobe had the lowest at ₦7,612.00, followed by Niger (₦7,662.00) and Nasarawa (₦8,000.25).

By zones, South-South had the highest average price (₦8,511.26), followed by South-East (₦8,321.16), while South-West recorded the lowest (₦8,073.92).

For the bigger 12.5 kg cylinder, Adamawa was top on the list with ₦22,528.39, followed by Rivers (₦22,512.49) and Taraba (₦22,363.57). Yobe recorded the lowest average price at ₦19,030.00, followed by Niger (₦19,154.99) and Nasarawa (₦20,000.62).

Across zones, the South-South got the highest average (₦21,278.14), followed by South-East (₦20,802.89). The South-West had the lowest at ₦20,184.79.

The NBS said its findings were based on data from over 10,000 respondents across all 774 local government areas of Nigeria.

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