HomeNewsCooking Gas Price Rising –Bureau Of Statistics NBS

Cooking Gas Price Rising –Bureau Of Statistics NBS

Cooking Gas Price Rising –Bureau Of Statistics NBS

The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N7,655.73 recorded in March to N8,706.93 in April.

The NBS said in its Cooking Gas Price Watch for April released in Abuja, that the April price represented a 13.73 per cent increase, compared to what was obtained in March.

The report said that the average price of 5kg of cooking gas increased on a year-on-year basis by 10.42 per cent from N7,855.60 recorded in April 2025.

It also said that the average retail price for refilling a 12.5kg cooking gas increased by 13.89 per cent on a month-on-month basis from N19,652.83 in March 2026 to N22,382.20 in April 2026.

“While on a year-on-year basis, the average retail price for 12.5kg cooking gas increased by 10.43 per cent from N20,268.06 in April 2025.”

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) attributed the current price increase of LPG to supply shortages.

The association disclosed that cooking gas now sells between N1,500 and N1,700 per kilogram, while marketers pay between N25.2 million and N26.2 million for a 20-metric-tonne truck of liquefied petroleum gas, depending on the location.

Also, experts have attributed the current persistent increase in the price of LPG to rising global energy prices, exchange rate volatility, and supply distribution challenges.

An energy expert, Mr Chris Mordi, said the LPG market in Nigeria remained heavily influenced by international energy costs and foreign exchange fluctuations.

According to him, temporary shortages at depots, inadequate storage infrastructure and high logistics costs continue to affect product availability and retail prices in spite of improvements in local production.

Mordi added that the U.S.-Iran conflict had also affected the importation of LPG, with global LPG benchmarks increasing and affecting domestic prices.

Meanwhile, Nigerians have continued to urge the Federal Government to ensure a reduction in cooking gas prices to ease the financial burdens on households.

More details from the report showed that on state profile analysis, Lagos recorded the highest average price for refilling a 5kg at N9,745.10, followed by Nasarawa at N9,451.70 and Bayelsa at N9,422.74.

It said that Anambra recorded the lowest price at N7,204.76, followed by Ondo and Ogun at N7,239.49 and N7,825.75 respectively.

Analysis of the six zones showed that the North-West recorded the highest average retail price at N9,025.07 for 5kg of cooking gas, followed by the North-East at N8,847.16.

The report said the South-East also recorded the lowest price of refilling a 12.5 kg cylinder at N21,060.92.

NAN

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