12.5kg Cylinders Cost 17,500 Naira Across Most Nigerian Cities In December 2024

By Oluwabukola Jimoh ــ Last Update 28 December 2024

Liquefied Petroleum Gas (LPG) prices across various cities and states in Nigeria for December 2024 exhibit a noticeable variance, influenced by factors such as logistics, market conditions, and regional economic factors. The average retail price for 12.5kg of LPG nationwide is approximately ₦17,527, with prices ranging from a low of ₦15,625 in Ijebu Ode to a high of ₦18,750 in cities like Kaduna, Abia, and Onitsha. We were able to get these prices from our social media pages (Facebook, WhatsApp, LinkedIn and Twitter (X).

Detailed Price Analysis

1. Regions with Standard Pricing (₦17,500 per 12.5kg, ₦1,400/kg)

Several cities and states have consistent pricing of ₦17,500 for 12.5kg cylinders, with a cost of ₦1,400 per kilogram. These regions include:

Ajangbadi, Ojo

Ijebu East, Ijebu Ife, and Ijebu Igbo

Lekki and VI (Lagos State)

Ijede, Ikorodu

Adamawa, Nasarawa, and Kebbi

Keffi, Lafia, Taraba State

Abeokuta Road/Ibadan

Shagamu, Ogun

Aba and Warri (Delta)

2. Regions with Premium Pricing (₦18,750 per 12.5kg, ₦1,500/kg)

Higher prices were recorded in:

Kaduna

Abia

Onitsha

This premium pricing reflects a ₦1,250 increase compared to the standard pricing regions, attributed to higher transportation costs or local market conditions.

3. Regions with Discounted Pricing

Ijebu Ode: The lowest price nationwide at ₦15,625 for 12.5kg (₦1,250/kg).

Kano: ₦16,250 for 12.5kg (₦1,300/kg), slightly below the national average.

Port Harcourt: ₦16,875 for 12.5kg (₦1,350/kg).

4. Outliers

FCT, Abuja: Priced at ₦18,125 (₦1,450/kg), reflecting its metropolitan status and higher demand.

Insights and Observations

Uniform Pricing in Several Regions: A significant number of cities have uniform pricing, pointing to effective distribution channels and stable market forces.

Premium Pricing in Eastern Nigeria: Cities like Abia, Onitsha, and Kaduna stand out with higher prices, indicating regional logistical challenges or greater market demand.

Economic Accessibility: Regions like Ijebu Ode and Kano offer relatively affordable LPG prices, potentially encouraging higher adoption rates for clean energy solutions.

The LPG market in Nigeria demonstrates regional diversity in pricing, driven by local demand, distribution logistics, and other market dynamics. With an average price of ₦17,527 per 12.5kg, affordability remains a concern in premium-priced regions. Policies aimed at reducing transportation costs and ensuring equitable distribution could help stabilize prices nationwide, fostering greater LPG adoption and enhancing access to clean energy.

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Oluwabukola Jimoh

Oluwabukola Jimoh is a dynamic academic writer and captivating energy blogger. She is able to delve into intricate subjects with an insatiable thirst for knowledge, crafting thought-provoking essays that engage and enlighten her readers.