Petrol and cooking gas prices declined on a year-on-year basis in December 2025, indicating a gradual easing of household energy costs across Nigeria, according to separate reports released by the National Bureau of Statistics (NBS).
The data showed that average prices paid by consumers for Premium Motor Spirit (petrol) and Liquefied Petroleum Gas (cooking gas) were lower in December 2025 compared to the same period in the previous year. The trend suggests a relative softening in energy-related expenses for households, following prolonged periods of volatility driven by subsidy removal, exchange-rate pressures, and supply-side challenges.
While the year-on-year figures point to some relief, the NBS reports also highlight that price movements remain sensitive to regional disparities, transportation costs, and market dynamics. Analysts note that sustained stability in energy prices will depend on improvements in supply chains, infrastructure, and broader macroeconomic conditions.
The decline in petrol and cooking gas prices is seen as a positive development for households and small businesses, given the central role of energy costs in transportation, food preparation, and overall cost of living. However, experts caution that continued monitoring is necessary to determine whether the trend represents a lasting adjustment or a temporary slowdown in price growth.
The NBS reports form part of its regular monitoring of consumer prices, providing policymakers and stakeholders with data to assess inflation trends and household welfare across the country.
