The average price of cooking gas in Nigeria over a 24-month period

In October 2021, the average price of 12.5kg cooking gas in Nigeria increased by 62.76% in October 2021 compared to October 2020. Between August 2021 and October 2021, the price increased by 47%.

Source:
National Bureau of Statistics
Period:
Nov 2019 - Oct 2021
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Nigeria: Cooking gas prices hit record high in 2024, 3.7x the price in 2016
The average price of cooking gas in Nigeria has increased significantly, from ₦370 per kg in early 2016 to ₦1,390 per kg in June 2024. After prices peaked at nearly ₦1,500 in May 2024, they fell by 6.1% in June. The contributing factors to the increase include global energy fluctuations, naira depreciation, supply chain disruptions, and changes in domestic policies. Here are the average prices of cooking gas in Nigeria since 2016.

Top ten states by the average cost of cooking gas as of October 2021
According to data from the National Bureau of Statistics, Oyo State has the highest cost of 12.5kg of cooking gas as of October 2021.

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