See Current Price of Cooking Gas in Nigeria

As of April 9, 2024, the average price of cooking gas per kilogram in Nigeria is ₦1,300 according to OKAY.NG. This price is a reflection of the market rates, which can fluctuate based on various factors.

Below is an outline of the current prices for different cylinder sizes:

1kg   – ₦1,300

2kg     – ₦2,600

3kg   – ₦3,900

5kg   – ₦6,500

6kg   – ₦7,800

10kg    – ₦13,000

12kg    – ₦15,600

12.5kg – ₦16,250

50kg    – ₦65,000

GWG.ng reports that these prices are subject to change and may vary across different states and filling stations. Variations in transportation costs, local taxes, and the operational costs of gas stations are major reasons for the differences in prices across states.

The following Factors Affect Gas Prices In Nigeria: 

1.Global Oil Prices: As a byproduct of crude oil, the price of cooking gas sold in Nigeria is tied to the global oil market.

2.Exchange Rates: Fluctuations in the exchange rate can affect import costs, thereby influencing gas prices.

3.Supply and Demand: The balance between supply and demand can cause price variations.

4.Logistics: Transportation and distribution costs can impact the final retail price.

GWG.ng reports that the rising price of gas has put many Nigerians on edge.

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