Households across Nigeria are beginning to feel relief as retail prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have started to decline due to improved supply and lower depot prices.
Recent updates from gas marketers indicate that LPG prices are easing in major cities after weeks of elevated costs. However, the decrease is not uniform nationwide, as transportation expenses, distance from supply depots, and retailer margins continue to influence local pricing.
Market checks show that cooking gas is now selling for between N1,100 and N1,350 per kilogram in cities like Lagos, Ibadan, and Abeokuta. In Benin City, Port Harcourt, and Warri, prices range from N1,150 to N1,400 per kilogram. In Onitsha and Enugu, consumers pay between N1,200 and N1,450/kg, while Abuja residents face prices from N1,250 to N1,500/kg.
National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Edu Inyang, noted that northern cities such as Kano and Kaduna currently see prices between N1,300 and N1,550/kg. Consumers in Maiduguri and parts of the North-East pay the highest rates, ranging from N1,350 to N1,650/kg, reflecting additional logistics costs.
Overall, Inyang said the national retail price range now stands at roughly N1,100 to N1,650 per kilogram, though some neighborhood retailers still charge above this range where distribution costs remain high.
This improvement marks a reversal from the sharp price hikes experienced since May, when supply shortages and rising depot prices drove up costs nationwide. According to Inyang, the recent decline follows increased product availability from both domestic production and imports, as well as lower depot prices. He also credited the easing of prices to greater competition among marketers and the end of panic buying.
“Following improved LPG supply and softer depot prices in late June 2026, retail cooking gas prices have started to ease in some markets, though reductions are not uniform across Nigeria. Transport costs, depot distance, and retail margins continue to create differences between cities. The recent price drop reflects better supply, increased competition, and reduced panic buying after government intervention,” Inyang explained.
This development is expected to relieve households struggling with rising living costs, though price variations will persist depending on local distribution expenses. Based on current retail prices, a 5kg cylinder refill now costs between N5,500 and N8,250, while a 6kg refill ranges from N6,600 to N9,900. Refilling a standard 12.5kg cylinder costs between N13,750 and N20,625, depending on location and retailer.
Despite the improvement, marketers caution that prices have yet to stabilize nationwide; communities farther from major depots may continue to pay higher rates due to transport costs. Industry operators remain optimistic that steady domestic supply and imports will further moderate prices in the coming weeks, provided there are no major disruptions.
Meanwhile, National Chairman of the LPG Retailers Branch of the Nigeria Union of Petroleum and Natural Gas Workers, Ayobami Olarinoye, confirmed that normalcy is gradually returning to the sector. He said retailers currently sell LPG to consumers at N1,600 to N1,800 per kilogram, depending on location and logistics, while they purchase from plant operators at N1,300 to N1,500 per kilogram.
Earlier reports showed cooking gas prices surged by about 140 percent in many parts of the country, prompting marketers to plan large-scale imports to boost supply and affordability. Prices had jumped from an average of N1,000 per kilogram in January and February to as high as N2,400 between May and June, leading regulators to issue new import licences after local producers failed to meet demand.
The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, also intervened, warning against hoarding and profiteering.
— PUNCHNG Report
