In September 2024, the cost of refilling a 12.5kg cooking gas cylinder in Nigeria surged, adding a new strain to household budgets. This steep price increase affected all regions, though some states and zones faced sharper rises than others. According to the latest report from the National Bureau of Statistics (NBS), residents in the South-East experienced the highest average price for a 12.5kg cylinder at ₦16,957.29, with the South-West following at ₦16,665.45. The North-East offered some relief, maintaining the lowest regional price at ₦15,770.75.
Nationwide, the average cost for a 12.5kg cylinder rose by 4.89% month-on-month from August to September and an alarming 76.41% year-on-year, a leap from ₦9,247.40 in September 2023 to current levels. This jump highlights the ongoing challenges that households face in managing basic costs amidst an economic landscape marked by inflation and currency fluctuations.
Smaller households using 5kg cylinders also felt the pinch, with prices rising 4.19% month-on-month and 59.9% year-on-year.
Top 10 States with the Highest Cooking Gas Prices
The following states recorded the highest average prices for 12.5kg cylinders in Nigeria, reflecting the regional disparities in gas affordability:
Rivers – ₦17,992.86
Rivers State leads the list, with residents paying the highest prices in the country. The increase exacerbates financial pressures in a region where fuel prices impact daily life significantly.
Gombe – ₦17,942.86
Close behind Rivers, Gombe residents face similar challenges with high prices, highlighting the burden of rising energy costs in the North.
Zamfara – ₦17,475.00
In Zamfara, the high price further strains household budgets, reflecting the ripple effect of increased energy costs.
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Anambra – ₦17,291.67
Households in Anambra are feeling the pressure of high cooking gas prices, contributing to a rising cost of living in the South-East.
Edo – ₦17,271.88
Edo has seen a notable rise, bringing it into the top five highest-cost states for cooking gas and impacting residents’ ability to afford basic utilities.
Osun – ₦17,159.09
Osun households, like those across the country, are grappling with an upward trend in gas prices, underscoring the mounting expense of daily essentials.
Enugu – ₦17,053.57
Enugu’s residents join the list of those facing high costs, with gas price increases affecting both rural and urban populations.
Imo – ₦17,011.76
In Imo, sharp price hikes over the past year have created a heavy burden for households, challenging their ability to budget for essentials.
Abuja – ₦17,001.25
The capital city, Abuja, is not immune to these increases, with residents now paying above-average rates, impacting their overall cost of living.
Cross River – ₦16,965.63
Cross River rounds out the top ten, with high prices putting a strain on many residents’ ability to afford cooking gas, particularly in lower-income areas.
The September 2024 report sheds light on a widespread issue that is reshaping daily life for Nigerians. With gas prices climbing across the board, families are left grappling with rising utility costs amid broader economic pressures.
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