UPDATED: 12.5 KG = N 15,000.00 @ N1,200 per KG
As at Tuesday 9 April 2024. Thanks for your support.
In today's world, where affordability and sustainability are paramount concerns, the price of refilling a 12.5kg liquefied petroleum gas (LPG) cylinder holds significant importance for households relying on this energy source. In this blogpost, we explore the current cost of refilling a 12.5kg LPG cylinder in Nigeria and shed light on the factors that contribute to its fluctuations, ensuring informed decision-making for consumers.
The current price for LPG gas per KG in Nigeria is @ = N1,200
Note: This prices have been updated to recent gas plant selling price @ N1,200 naira per Kg.
As usual, we have put together price of LPG gas for each states in Nigeria. LPG retail purchase went in 2024.
HOW MUCH DID YOU BUY GAS RECENTLY?
OYO, IBADAN, OGUN, ABEOKUTA, EKITI, ONDO, LAGOS - e.t.c
STATE PRICE PER KG
Porthacourt Nigeria N1200 Changed
Ogun State N1200 Changed
Warri Delta State N1200 Changed
Gombe State N1200 Changed
Ekiti State N1200 Changed
Ibadan N1200 Changed
Enugu State N1200 Changed
Jos Platue N1200 Changed
Zamfara State N1200Changed
Bauchi State N1200 Changed
Maiduguri N1200 Changed
The price of refilling a 12.5kg LPG cylinder can vary based on several factors, including global LPG prices, exchange rates, local taxes, and distribution costs. It is essential to keep track of these variables to understand the fluctuations in the cost of refilling.
Factors Influencing The Price In Nigeria
1. Global LPG Prices
The international market for LPG is influenced by factors such as supply and demand dynamics, geopolitical events, and production costs. Fluctuations in global LPG prices can directly impact the cost of refilling a 12.5kg cylinder, as it reflects the prevailing market conditions. As Nigeria imports most of her petroleum products from foreign countries such as Russian. We know that no refineries works in Nigeria. However, with the establishment of the Dangote Refinery located at Ibeju Lekki, hopefully price for LPG gas per kg will reduce significantly.
2. Exchange Rates
For a country like Nigeria that rely on importing LPG, exchange rates play a crucial role in determining the price of refilling. Currency fluctuations on Naira can affect the cost of importing LPG, leading to price variations for consumers.
3. Local Taxes and Subsidies
Government policies, including taxes and subsidies, can significantly influence the price of LPG refills. Higher taxes can result in increased costs for consumers, while subsidies aim to make LPG more affordable and accessible, particularly for low-income households.
4. Distribution Costs
The cost of transporting LPG from refineries to local distribution centers and retailers also contributes to the overall price. Factors such as transportation expenses, storage facilities, and maintenance costs influence the distribution costs and, consequently, the price paid by consumers.
IMPACT ON CONSUMERS
The price of refilling a 12.5kg LPG cylinder directly affects households relying on this energy source for cooking and heating. Understanding the cost implications allows consumers to plan their budgets accordingly and make informed choices about their energy usage.
Tips for Cost-Effective Usage:
* Energy Conservation
Adopting energy-efficient cooking practices and appliances can help reduce LPG consumption, ultimately minimizing refill frequency and costs.
* Comparing Prices
Regularly researching and comparing prices offered by different LPG suppliers in the area can help consumers find the most cost-effective options available.
* Bulk Purchases
Consider purchasing LPG in larger quantities if storage facilities permit. Buying in bulk can lead to discounts and long-term cost savings.
Lastly, as households seek affordable and sustainable cooking solutions, the price of refilling a 12.5kg LPG cylinder assumes great significance. By keeping an eye on the current cost and implementing cost-effective usage strategies, households can optimize their LPG consumption, ensuring affordable and environmentally friendly cooking practices for the long term.