See the new prices for cooking gas in Lagos, Abuja, other cities

• Cooking prices person taken a crook for the amended successful Lagos, Abuja and respective different Nigerian cities
• The improvement is simply a departure from erstwhile weeks erstwhile the merchandise sold for N1,050 per kilogramme astatine astir depots
• The existent clang has been attributed to import waivers by the Nigerian authorities and the naira’s resurgence

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

In a astonishing twist that near customers dazed, the terms of liquified earthy state (LPG) has crashed successful Lagos, Abuja and parts of Nigerian cities.

Major LPG depots, surveyed by Legit.ng, disclosed that the terms of the commodity crashed pursuing the removal of import work connected accessories by the Nigerian authorities and the strengthening of the naira.

The naira's rebound crashes cooking state prices nationwide. Credit: Novatis
Source: Getty Images

Cooking terms crash: What changed?

“Most of the LPG consumed successful Nigeria is imported, hence the request for the authorities to incentivise importers by introducing waivers connected LPG accessories,” argumentation expert and Team Lead astatine Platforms Africa, Adeola Yusuf, stated.

Findings showed that 1 kilogramme of cooking gas, which sold for N1,050 past week, present sells for N1,000.

It means that a 12.5kg cylinder refill, which costs N13,125, present sells for N12,500, portion a 6kg cylinder present sells for N60,000 from N6,300, and a 3kg cylinder sells for N3,000 from N3,150.

How does the FX complaint find prices?

John Bamidele, a manager astatine 1 of the starring state plants successful Lagos, said that the clang was besides owed to the naira’s stability.

“The speech complaint is simply a important origin successful determining the terms of LPG successful Nigeria. Sixty per cent of LPG consumed successful Nigeria is imported. So, the speech complaint is important successful mounting the price.A stronger naira means cheaper products for Nigerians, not conscionable LPG,” helium said.

The naira rebounds, LPG terms crashes

The Nigerian currency has remained comparatively unchangeable for astir of May and June, with volatility astatine its lowest pursuing the involution of the Central Bank of Nigeria (CBN) successful the FX markets.

The apex slope has injected forex to shield the naira from planetary shocks, particularly pursuing the volatility successful the planetary crude terms caused by the Middle East tensions.

On Friday, June 27, 2025, the naira closed positively against the US dollar, trading astatine N1,535.90 from N1,545.

The determination signals a affirmative improvement for LPG importers arsenic the CBN tends to hole the import work complaint based connected the prevailing overseas exchange.

LPG terms clang is simply a important achievement

Data from the National Bureau of Statistics (NBS) shows that successful April 2025, the mean retail terms for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), besides known arsenic cooking gas, was N7,885.60. 

This represents a 7.69% summation compared to the erstwhile month. For a 12.5kg cylinder, the mean terms successful April 2025 was N20,268.06, a 9.82% summation from March 2025.

Also, the mean retail terms for refilling a 5kg cylinder of LPG accrued from N7,322.49 successful March 2025 to N7,885.60 successful April 2025, a month-on-month summation of 7.69%.

Nigerians to bask cheaper cooking state arsenic dealers clang prices. Credit: NurPhoto/Contributor
Source: Getty Images

The mean retail terms for refilling a 12.5kg cylinder of LPG accrued from N18,456.24 successful March 2025 to N20,268.06 successful April 2025, a month-on-month summation of 9.82%.

10 cheapest, astir Expensive states to bargain cooking gas

Legit.ng earlier reported that the NBS, successful its latest Price Watch report, disclosed that the outgo of refilling Liquefied Petroleum Gas (LPG) cylinders, besides known arsenic cooking gas, has increased again.

According to the bureau, the terms for refilling a 5kg cylinder of LPG roseate by 7.69% month-on-month, reaching N7,885.60 from N7,322.49 recorded successful March 2025.

The April price, erstwhile compared year-on-year, marked a important 20.92% summation from the N6,521.58 that Nigerians paid successful April 2024.

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Source: Legit.ng