Why Nigerian Cooking Gas Costs More Than in Saudi Arabia, Russia and India

Data from a global energy portal shows that liquefied petroleum gas (LPG) in Nigeria traded at $0.674 per kilogram as of March 16, 2026. This price is higher than in major producers such as Saudi Arabia ($0.290/kg), Russia ($0.388/kg) and India ($0.648/kg). Angola records one of the lowest LPG rates at $0.109/kg, while Azerbaijan stands at $0.091/kg. Even emerging economies like Paraguay and Georgia offer cheaper cooking gas, highlighting Nigeria’s unusual premium despite its oil output. Affordability is further strained by wage gaps. The Saudi minimum wage equates to about $1,065 monthly, while Nigeria’s is roughly $49. In Russia, the floor wage is near $321 monthly, showcasing a stark difference in purchasing power. Domestic costs rose again on March 17, when a major refinery lifted its LPG price to ₦800 per kilogram. The increase follows global crude price hikes and higher refining expenses, adding pressure on households that rely on gas instead of kerosene or firewood.

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