Cooking gas price crashes across board

The price of liquefied petroleum gas (LPG) otherwise known as cooking gas, has plummeted to between N1, 100 and N1, 500 per kilogramme depending on location. Sources attributed the price drop to improved product supply and lower depot prices. In Abuja, the commodity sells for between ₦1,250 and ₦1,500 per kilogramme: consumers in cities like, Port Harcourt, Benin City, Warri, Onitsha and Enugu purchase the product between ₦1,150 and ₦1,450 per kilogramme.

In cities in the northern states like Kano and Kaduna currently record prices ranging from ₦1,300 to ₦1,550 per kilogramme, while Maiduguri and some communities in the North East still pay as much as ₦1,650 per kilogramme.

The price variation, as obtained in the oil and gas business, is a function of cost of transportation which is determined by nearness to point of sourcing the commodity.
Cooking gas previously sold for between N900 and N1,000 per kilogram in April, but later rose sharply to between N2,000 and N2,500 per kilogram in many parts of the country.

The National President, Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM ), Edu Inyang, confirmed that the stock flow of the commodity into the domestic market, which he said has improved tremendously, as the reason for the price crash.

Edu assured that the price could fall to between N900 and N1,100 per kilogramme by year end should the Federal Government implement reforms to boost supply and cut costs.

In an interview with the News Agency of Nigeria (NAN) on Tuesday, Edu said although the country has recorded significant growth in local LPG production, rising demand and persistent supply chain challenges continue to keep prices high.

For instance, he explained that while the Dangote Refinery and Nigeria LNG (NLNG) supplied about 87 per cent of Nigeria’s domestic LPG market in 2025, the former has since explained that its LPG output was primarily intended for the production of higher-value products rather than the local cooking gas market.

“As a result, the refinery significantly reduced its allocation to the domestic LPG market, creating supply disruptions that the industry was not prepared for,” he said.
Edu said that while local LPG production had increased, many producers were still operating below installed capacity, leaving growing consumer demand unmet.

He blamed inadequate storage facilities, high transportation costs, foreign exchange challenges and multiple handling charges within the supply chain are major factors driving up retail prices.

Other factors responsible for the high cost of LPG, Edu noted to include storage infrastructure which remained concentrated in Lagos, the Edo/Delta axis and Port Harcourt, with limited facilities in northern Nigeria, increasing distribution costs nationwide; market inefficiencies such as speculative trading, excessive intermediary margins and temporary product hoarding for occasional price distortions and artificial scarcity.

To improve affordability, he urged regulators to strengthen market surveillance, improve transparency in product allocation and pricing, and enforce fair competition across the LPG value chain.

“Local production growth is encouraging, but consumers will not fully benefit unless bottlenecks in logistics, depot capacity, trucking and market access are addressed,” Edu submitted.