Opaindex
Energy prices in Nigeria
Sector market report · 3 tracked items ·
Energy prices in Nigeria were mostly higher in the week to 23 June 2026: of 3 tracked items, 3 rose and 0 eased, with Cooking Gas (LPG) the biggest move (+3.5% to ₦1,790 per kg).
Key takeaways
- Opaindex tracks 3 energy price points in Nigeria, each carrying its source, as-of date and confidence rating.
- In the week to 23 June 2026, 3 items rose and 0 eased week-on-week.
- Cooking Gas (LPG) saw the biggest move, +3.5% to ₦1,790 per kg.
- Prices range from ₦905 (Petrol (PMS)) to ₦1,790 (Cooking Gas (LPG)), drawn from 3 distinct sources.
Current energy prices
| Item | Price | Day |
|---|---|---|
| Cooking Gas (LPG) Nigeria · per kg | ₦1,790 | +0.6% |
| Diesel (AGO) Nigeria · per litre | ₦1,180 | +1.1% |
| Petrol (PMS) Nigeria · per litre | ₦905 | 0.0% |
Tap any item for its full sourced page — price history, source, freshness and confidence.
This week
Risers (3)
- Cooking Gas (LPG) +3.5%
- Diesel (AGO) +2.8%
- Petrol (PMS) +0.6%
Decliners (0)
No decliners this week.
Biggest move: Cooking Gas (LPG), +3.5% to ₦1,790.
Related coverage
- CBN holds interest rate at 26.5%, pausing its 2026 easing cycle as inflation ticks up
Nigeria’s Monetary Policy Committee kept the benchmark rate (MPR) at 26.5% at its 19–20 May 2026 meeting — its first pause after February’s cut — as headline inflation edged up to 15.69% in April.
- Dangote Refinery cuts ex-depot petrol price to ₦1,175/litre as global crude eases
Dangote Petroleum Refinery lowered its ex-gantry petrol price by ₦75 to ₦1,175/litre from 16 June 2026, citing softer global crude after Middle East tensions eased — though pump-price relief depends on how quickly retailers pass it on.
- Naira holds near ₦1,370/$ at official window as parallel-market gap widens to ~3%
The CBN official rate sat at ₦1,370.46/$ on 23 June 2026 while the street rate reached about ₦1,408, reopening a roughly 3% premium even as FX reforms steady the official market.
- Nigeria cooking gas prices surge in 2026 as 12.5kg refill tops ₦22,000
NBS data shows a 12.5kg cooking gas refill averaged ₦22,382 in April 2026, up ~13.9% in a month — squeezing households as LPG costs keep climbing.