BUSINESS
Nigeria Sees First Drop in Cooking Gas Price in Months
The average cooking gas price in Nigeria has recorded a monthly decrease. According to the National Bureau of Statistics (NBS) in its “LPG Price Watch for July 2025,” the average cost to refill a 12.5 kg cylinder fell to ₦20,609.48 in July, a notable reduction from the ₦21,010.56 recorded in June 2025.
This modest decline marks a 1.91% reduction in prices from the previous month. However, a year-on-year analysis from the NBS report reveals a different picture, with the price of a 12.5kg cylinder still standing at a significant 44.51% increase compared to ₦14,261.57 in July 2024.
The NBS data further highlights the disparities in cost across the country. States that recorded the highest prices for LPG during this period were Imo, Delta, and Rivers, while residents in Kebbi, Nasarawa, and Kwara enjoyed the lowest prices.
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