This development is evident in the Federal Capital Territory (FCT), Abuja, where the price to refill a standard 12.5-kilogramme cylinder of cooking gas has fallen to N16,250 from its previous range of N17,500 in some retail outlets. This translates to a drop in the price per kilogramme from N1,400 last month to N1,300 currently in Abuja.
Further analysis reveals even lower prices at filling stations and gas plants within Abuja, where 1kg of cooking gas is now selling between N1,050 and N1,150. This marks a significant decrease compared to the N1,200 to N1,400 range observed in previous months, with variations depending on the specific location within the capital.
The downward trend in cooking gas prices extends beyond Abuja. In Lagos State, data from the National Bureau of Statistics (NBS) indicates that the average price for a 12.5kg cylinder had fallen to approximately N13,750.00 as of April 2025, a notable decrease from the N17,283.58 recorded in November of the previous year, with prices varying by area.
Consumers in Edo, Delta, Niger, and other states across Nigeria are also experiencing this relief, with savings of at least N1,000 when refilling either a standard 12.5kg cylinder or smaller quantities.
This positive shift in LPG prices follows the recent reduction in petrol prices at Nigerian National Petroleum Company Limited (NNPCL) retail outlets, independent petrol retailers, and retail partners of Dangote Refinery. Petrol prices have generally fallen to between N910 and N950 per litre from the previous range of N940 to N970 per litre.
According to the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria has an annual consumption of 1.4 million metric tonnes of LPG, equivalent to 1.4 billion kilogrammes. Based on the previous average price of N1,400 per kilogramme, annual consumer spending on cooking gas would have been approximately N1.96 trillion. The current average price of N1,300 per kilogramme suggests a potential annual saving of N140 billion for Nigerian consumers, bringing the total yearly expenditure down to N1.82 trillion. While Nigeria locally produces around 600,000 tonnes of cooking gas, the country still relies on imports of about 800,000 tonnes to meet the total annual demand.
Reacting to this development, the spokesperson for IPMAN, Chinedu Ukadike, explained in an interview with DAILY POST that the marginal decrease in LPG prices is a direct consequence of the reduction in petrol prices. He highlighted the impact of alternative energy sources within the downstream sector on the pricing of competing products.
“When the petrol price was high, liquefied petroleum gas was used as an alternative to fuel for some generators,” Ukadike stated. “Now that the price of petrol is going down, the LPG marketers and producers have dropped their prices in line with the international factor and exchange rate.”
He further emphasized the interplay between different energy sources, noting, “The alternative choice of energy in the downstream sector has impacted the prices of competing petroleum products. The pricing of petroleum products affects the behaviours of consumers. That is the beauty of deregulation.”
Looking ahead, Ukadike suggested the possibility of further price reductions, stating, “The price may drop further in the coming month depending on the international and domestic market matrix.” This offers a potentially positive outlook for Nigerian households that rely on cooking gas for their daily needs.