Cooking Gas Price Falls 21.42% to ₦16,195.07 — NBS!

Sele Media Africa
www.selemedia.org
Reported by Amos Dachung | Sele Media Africa Reporter

Lagos — Nigerians may be breathing a short sigh of relief as the price of cooking gas (LPG) reportedly dropped by 21.42% month-on-month, reaching an average of ₦16,195.07 for a 12.5 kg cylinder in August 2025, according to data shared by Vanguard summarizing NBS figures. [1]

The decline comes after sustained price pressure in recent months. In July 2025, for instance, NBS data showed the cost of refilling a 12.5 kg cylinder was ₦20,609.48, though that figure had itself represented a slight 1.91% dip from the previous month. [2]

What the Drop Means & Challenges Ahead

• The reduction brings welcome relief to households already squeezed by inflation and high living costs.
• However, some market watchers warn that the decline may be temporary rather than systemic—and could be reversed without stronger policy or supply stability in the LPG sector.
• Key factors that could influence future pricing include foreign exchange rates, import costs (Nigeria still depends partly on imported LPG), transport and distribution challenges, and regulatory or subsidy interventions.

About The Author

Marian Opeyemi Fasesan

Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Managing Editor of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.

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