Nigerians are beginning to enjoy some relief at cooking gas refill stations as the price of Liquefied Petroleum Gas (LPG) declines across several parts of the country following improved supply and lower depot prices.
After months of rising costs that squeezed household budgets, marketers say increased product availability and stronger competition among suppliers have started pushing prices downward, offering welcome relief to consumers.
Current market surveys show that cooking gas now sells for as little as ₦1,100 per kilogram in some parts of the country, with prices varying by location and transportation costs.
Where cooking gas is now cheapest
In Lagos, Ibadan and Abeokuta, consumers are currently paying between ₦1,100 and ₦1,350 per kilogram.
Residents in Benin City, Port Harcourt and Warri are buying cooking gas at prices ranging from ₦1,150 to ₦1,400 per kilogram.
Meanwhile, those in Onitsha and Enugu are paying between ₦1,200 and ₦1,450 per kilogram, while prices remain slightly higher in the Federal Capital Territory, where cooking gas sells for ₦1,250 to ₦1,500 per kilogram.
The price changes have also reduced the cost of refilling gas cylinders.
Based on current market rates:
- 5kg cylinder: ₦5,500 – ₦8,250
- 6kg cylinder: ₦6,600 – ₦9,900
- 12.5kg cylinder: ₦13,750 – ₦20,625
Actual prices still vary depending on the retailer and location.
Northern states still record the highest prices.
Despite the nationwide decline, consumers in northern Nigeria continue to pay more than those in the southern parts of the country.
According to the President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Edu Inyang, transportation costs remain the biggest factor driving higher prices.
He explained that cooking gas currently sells for between ₦1,300 and ₦1,550 per kilogram in Kano and Kaduna, while residents of Maiduguri and other North-East states pay between ₦1,350 and ₦1,650 per kilogram, making the region the most expensive market for LPG.
Inyang noted that the current national average now ranges from ₦1,100 to ₦1,650 per kilogram, although some retailers may charge higher prices due to logistics and distribution expenses.
Why prices are falling
The recent decline comes after weeks of soaring prices triggered by supply shortages and rising depot costs.
According to marketers, the situation has improved significantly as more LPG products become available from both local producers and imported shipments.
Lower depot prices have also encouraged marketers to reduce retail prices, while increased competition among distributors and the end of panic buying have further helped stabilize the market.
Although the outlook has improved, industry players say consumers may still notice price differences from one city to another because transportation costs, retailer pricing strategies and the distance from supply depots continue to influence the final amount paid at refill stations.
For many households that rely on cooking gas for daily meal preparation, the latest price drop comes as welcome relief amid the country’s broader cost-of-living challenges.
