Households in different parts of Nigeria are beginning to get relief as the prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, decline following improved supply and reduced depot prices.
Recent market checks show that retail cooking gas prices have started falling in major cities, although the reductions vary due to transportation costs, distance from supply centres, and retailers’ profit margins.
In Lagos, Ibadan, and Abeokuta, cooking gas now sells between ₦1,100 and ₦1,350 per kilogramme, while consumers in Benin City, Port Harcourt, and Warri pay between ₦1,150 and ₦1,400/kg.
In Onitsha and Enugu, prices range from ₦1,200 to ₦1,450/kg, while Abuja consumers pay about ₦1,250 to ₦1,500/kg.
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Edu Inyang, said northern cities such as Kano and Kaduna currently record prices between ₦1,300 and ₦1,550/kg, while Maiduguri and some parts of the North-East remain higher at about ₦1,350 to ₦1,650/kg due to higher transportation costs.
He explained that the national retail price is now generally between ₦1,100 and ₦1,650 per kilogramme, though some areas still charge more because of logistics challenges.
The reduction follows improved LPG availability from local production and imports, lower depot prices, increased competition among marketers, and the end of panic buying that had affected supply.
A 5kg cylinder refill now costs between ₦5,500 and ₦8,250, while a 12.5kg cylinder refill ranges from ₦13,750 to ₦20,625, depending on location.
Marketers said supply is gradually returning to normal but warned that prices may continue to differ across the country, especially in areas far from major gas depots.
Earlier this year, cooking gas prices rose sharply from around ₦1,000 per kilogramme to as high as ₦2,400/kg between May and June due to supply shortages.
The Federal Government later intervened, warning operators against hoarding and unfair price increases.
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