Cooking Gas Prices Ease in Nigeria as Supply Improves

Households in several parts of Nigeria are experiencing a welcome drop in cooking gas prices as improved product supply and softer depot rates ease retail costs. Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen its price decline in major cities after weeks of elevated costs, though the reductions are not uniform due to varying transportation expenses, distances from supply depots, and retailer margins.

Current market checks indicate that cooking gas is selling for between N1,100 and N1,350 per kilogramme in Lagos, Ibadan, and Abeokuta. Consumers in Benin City, Port Harcourt, and Warri are paying between N1,150 and N1,400/kg. In Onitsha and Enugu, retail prices range from N1,200 to N1,450/kg, while Abuja residents face prices between N1,250 and N1,500/kg. Northern cities like Kano and Kaduna currently record prices from N1,300 to N1,550/kg. Consumers in Maiduguri and other parts of the Northeast still face the highest prices, ranging from N1,350 to N1,650/kg, reflecting significant additional logistics costs for product delivery to the region.

Edu Inyang, the National President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), stated that the national retail price range now stands at approximately N1,100 to N1,650 per kilogramme. He noted that some neighborhood retailers might still charge above this range where transportation and distribution costs remain elevated. This easing of prices marks a reversal from sharp increases witnessed in May, when supply tightness and rising depot prices significantly pushed up cooking gas costs. Inyang attributed the recent decline to improved product availability from both domestic production and imports, coupled with lower depot prices. He also cited increased competition among marketers and the disappearance of panic buying, which had briefly tightened supplies, as contributing factors.

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Following reports of improved LPG supply and softer depot prices in late June 2026, retail cooking gas prices have started easing in some markets, although the reduction has not been uniform across Nigeria. Transport costs, distance from depots, and retailer margins still create noticeable differences between cities. Overall, the national retail range is roughly N1,100 to N1,650 per kilogramme, with some neighbourhood retailers charging slightly above this range where logistics costs remain high. The recent easing reflects lower depot prices as supply improved, increased product availability from domestic sources and imports, reduced panic buying and hoarding after government market interventions, and more competition among marketers in major cities.