Cooking Gas Prices in Nigeria Exceed Those of Saudi Arabia, Russia

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Cooking gas costs in Nigeria are higher than in a number of nations, including Saudi Arabia, Russia, India, and Angola, according to an analysis of data from the Global Petroleum Price web. This raises new questions about the affordability of energy.

Despite Nigeria’s position as a major producer of gas and oil, the results show the increasing burden on Nigerian households.

The data shows that as of March 16, 2026, the price of Liquefied Petroleum Gas (LPG) in Nigeria was $0.674 per kilogram.

Nigeria is among the nations with comparatively higher cooking gas prices worldwide, according to the statistics.

In contrast, LPG is far less expensive in other nations. Angola has one of the lowest prices at $0.109, while Saudi Arabia records $0.290 and Russia $0.388 per kilogram. At $0.091 per kilogram, Azerbaijan’s price is even lower.

Honduras ($0.412), Belarus ($0.438), Armenia ($0.503), and the Dominican Republic ($0.596) are among the other nations that were examined.

Additional comparisons reveal Georgia at $0.624, India at $0.648, and Paraguay at $0.656, putting Nigeria at $0.674, which is comparable to Chile but still higher than many countries that produce oil.

According to data, the minimum salary in Nigeria is roughly $49, while in Saudi Arabia it is roughly $1,065.

The minimum wage in Russia is around $321.32, which emphasizes the gap in purchasing power even more.

The disparity implies that Nigerian customers have a much more difficult time obtaining cooking gas than people in other nations.

The growing price of LPG is indicative of larger patterns in Nigeria’s energy industry, where petroleum product prices have been steadily rising.

As more Nigerians switch from kerosene and firewood to cooking gas, this has had a direct impact on family energy expenses.

The rise has also been influenced by recent market changes. The gantry price of LPG at the Dangote Refinery was recently increased from ₦760 to ₦800 per kilogram. The new cost will go into effect on March 17, 2026.

Market analyses show that the change is related to rising crude oil prices worldwide, which have raised the cost of feedstock and refining.

Stakeholders caution that if nothing is done, the growing price of cooking gas could further restrict many people’ access to clean energy.

Calls for measures to stabilize prices and increase affordability in Nigeria’s domestic energy sector have been rekindled by this development.

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