Cooking Gas Prices In Nigeria: A Breath Of Fresh Air For Consumers

March 2025: Cooking Gas Prices Take a Dive Across Nigeria

Hey there, let’s talk about something that’s been making waves in Nigeria lately—cooking gas prices. As of March 21, 2025, the cost of refilling Liquefied Petroleum Gas (LPG) per kilogram has taken a noticeable dip compared to where it was just a few months ago. This is great news for households and businesses that rely on LPG as their primary source of fuel.

Here’s the scoop: market surveys are showing that the price of cooking gas has dropped from an average of ₦1,500 per kilogram to about ₦1,100 in several retail locations. That’s a pretty significant decrease, and it’s been making a real difference for people who’ve been feeling the pinch of high energy costs. For example, in Kaduna, residents are seeing the price of a 1-kilogram cylinder fall from ₦1,400 to a much more manageable ₦950.

Check out the latest prices:

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1kg Cylinder: ₦1,100

2kg Cylinder: ₦2,200

3kg Cylinder: ₦3,300

5kg Cylinder: ₦5,500

6kg Cylinder: ₦6,600

10kg Cylinder: ₦11,000

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12.5kg Cylinder: ₦13,750

15kg Cylinder: ₦16,500

20kg Cylinder: ₦22,000

25kg Cylinder: ₦27,500

50kg Cylinder: ₦55,000

What’s Driving the Price Drop?

Factors Behind the Decline

So, what’s behind this welcome change? There’s a combination of factors at play here. First off, there’s been an increase in the supply of LPG, which naturally drives prices down. Secondly, favorable government policies are helping to stabilize the market. And last but not least, global LPG prices have also seen a reduction, which is trickling down to the Nigerian market.

Government Steps In

In response to these fluctuations, the Federal Government is taking action. They’ve announced plans to roll out a new pricing formula for cooking gas in Nigeria. This move aims to create more transparency and consistency in pricing across the board. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, shared this news during a recent two-day LPG Expo in Lagos. He emphasized that the government is focused on implementing targeted policy interventions to boost LPG adoption and clear any obstacles that might be discouraging investment in the industry.

Good News for Consumers

Right now, consumers all over Nigeria are enjoying the benefits of these reduced cooking gas prices. In some areas, you can find prices as low as ₦1,100 per kilogram. It’s a relief for many families who’ve been struggling with high energy costs. But it’s important to remember that prices can still vary from retailer to retailer and region to region. So, it’s always a good idea to shop around a bit before you make your purchase.

These changes are the result of a mix of market dynamics and smart government interventions that are working together to stabilize the LPG sector. While we can’t predict exactly how prices will behave in the future, for now, it’s a great time to take advantage of these lower costs.