As of the last week of May 2025, the price of refilling cooking gas (Liquefied Petroleum Gas, LPG) in Nigeria varied across regions and suppliers.
Rainoil, a prominent gas station, offers LPG at approximately ₦1,050 per kilogram, aligning with rates observed at other major gas stations, such as Matrix in Lagos.
This pricing represents a notable decrease from previous months, when 1kg of cooking gas was retailing between ₦1,200 and ₦1,400 in various regions, including Lagos and Ogun states.
Price Breakdown at ₦1,050 per kg:
1kg: ₦1,050
3kg: ₦3,150
5kg: ₦5,250
10kg: ₦10,500
12.5kg: ₦13,125
Factors Influencing Price Fluctuations
Depot Prices: Depot prices for LPG have shown fluctuations in recent days. For instance, on April 28, 2025, the landing cost of petrol was ₦872 per litre, and on April 29, it was ₦868 per litre.
These changes can influence the retail price of LPG, as they affect the overall cost structure for marketers and importers .
Regional Disparities: LPG prices exhibit regional disparities due to factors like transportation costs, local demand, and supply chain dynamics. For example, in Lagos State, the price of cooking gas fell to approximately ₦13,750.00 for a 12.5kg cylinder as of April 2025, down from ₦17,283.58 in November 2024.
This reduction translates to about ₦1,100 per kilogram. In contrast, prices in other states such as Rivers, Osun, and Benue have remained higher, reflecting local market conditions.
Government Policies: The Nigerian government’s interventions, including the ban on the export of LPG since November 2024, have aimed to prioritize local consumption and stabilize domestic prices.
Increased Local Production: Reports indicate that over 70% of Nigeria’s cooking gas consumption is now met through local production, reducing reliance on imports and mitigating the impact of global price fluctuations.
Regional Price Variations
While the national average reflects a downward trend, prices can vary based on location and supplier:
Federal Capital Territory (FCT): Residents report prices between ₦1,050 and ₦1,150 per kilogram, compared to ₦1,200 and ₦1,400 in previous months .
Lagos State: The price of a 12.5kg cooking gas cylinder has decreased to around ₦13,750 in April 2025, down from ₦17,283 in November 2024, reflecting a reduction of about ₦1,100 per kilogram .
Other States: In regions like Rivers, Osun, and Benue, cooking gas prices have remained higher due to increased transportation costs and local market factors .
