Reported by: Ijeoma G | Edited by: Oravbiere Osayomore Promise.
Households across Nigeria are beginning to experience relief as retail prices of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, decline following improved product supply and softer depot prices. The latest market update from gas marketers shows that retail LPG prices have started easing in major cities after weeks of elevated prices, although the reductions have not been uniform across the country due to varying transportation costs, distance from supply depots, and retailer margins.
According to checks by marketers, cooking gas is now selling for between ₦1,100 and ₦1,350 per kilogramme in Lagos, Ibadan, and Abeokuta, while consumers in Benin City, Port Harcourt, and Warri are paying between ₦1,150 and ₦1,400 per kilogramme. In Onitsha and Enugu, retail prices range from ₦1,200 to ₦1,450 per kilogramme, while consumers in Abuja are paying between ₦1,250 and ₦1,500 per kilogramme. The National President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Edu Inyang, told The PUNCH that northern cities, including Kano and Kaduna, currently record prices of ₦1,300 to ₦1,550 per kilogramme, while consumers in Maiduguri and parts of the North-East still pay the highest prices, ranging from ₦1,350 to ₦1,650 per kilogramme, reflecting the additional logistics costs of transporting products to the region. Overall, Inyang said the national retail price range now stands at approximately ₦1,100 to ₦1,650 per kilogramme, although some neighbourhood retailers continue to charge above this range where transportation and distribution costs remain elevated.
The improvement marks a reversal from the sharp increases witnessed from May 2026, when supply tightness and rising depot prices pushed cooking gas costs significantly higher across several parts of the country. At its peak, cooking gas prices soared to between ₦2,000 and ₦2,500 per kilogramme in many parts of Lagos, with a standard 12.5kg cylinder refill costing between ₦22,500 and ₦27,500. According to the NALPGAM president, the latest decline follows improved product availability from both domestic production and imports, as well as lower depot prices. He also attributed the easing to increased competition among marketers and the disappearance of panic buying that had briefly tightened supplies.
“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,” Inyang said.
Based on the prevailing retail prices, a 5kg cylinder refill now costs between ₦5,500 and ₦8,250, while a 6kg refill ranges from ₦6,600 to ₦9,900. Inyang said consumers refilling a standard 12.5kg cylinder are expected to pay between ₦13,750 and ₦20,625, depending on location and retailer. The development is expected to provide some relief to households grappling with rising living costs, although industry players noted that prices may continue to differ from one location to another depending on local distribution expenses.
The National Chairman of the Liquefied Petroleum Gas Retailers Branch of the Nigeria Union of Petroleum and Natural Gas Workers, Ayobami Olarinoye, confirmed that normalcy was gradually returning to the sector. “The inflow and supply are gradually getting back to normal. There is more availability. The price is also coming down gradually. As of today, we buy from between ₦1,300 and ₦1,500 per kg from the marketers, depending on the locations, while we sell between ₦1,600 and ₦1,800 per kg to consumers,” he said.
Despite the improvement, marketers cautioned that retail prices are yet to stabilise nationwide, noting that communities located farther from major LPG depots may continue to experience relatively higher prices because of transportation costs. Industry operators expressed optimism that sustained product availability from local producers, alongside steady imports, would further moderate prices in the coming weeks, provided there are no major disruptions to supply or logistics.
The recent improvement follows regulatory interventions aimed at increasing LPG imports after local production failed to meet domestic demand. Authorities also warned operators against hoarding and profiteering in a bid to stabilise supply and improve affordability. For micro, small, and medium-sized enterprises (MSMEs), particularly restaurants, bakeries, food vendors, caterers, and manufacturers that rely on cooking gas for daily operations, the decline in LPG prices could help reduce operating expenses and improve business profitability. Lower energy costs may also ease pressure on household budgets and support consumer spending if the downward trend continues.
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