Cooking Gas Prices Ease as Supply Improves, Retailers Report Market Stabilisation

by Ikeoluwa Juliana Ogungbangbe

KEY POINTS


  • Cooking gas prices have stabilised between ₦1,000 and ₦1,400 per kilogramme as supply improves across major markets.
  • Retailers say they buy LPG at ₦960–₦1,050/kg, while plant owners selling directly to consumers offer lower prices.
  • Consumers hope prices will fall below ₦1,000/kg in 2026 to support clean cooking and affordability.

Retailers of liquefied petroleum gas (LPG), commonly known as cooking gas, are expressing cautious optimism as supply conditions improve across major markets in Nigeria. Cooking gas is currently selling between ₦1,000 and ₦1,400 per kilogramme, depending on location and seller, a development that signals relative stability compared to the acute scarcity experienced in late 2025.

A market survey conducted by PUNCH shows that LPG became more accessible towards the end of last year, particularly after the severe shortages recorded in September and October. Consumers in Lagos, Ogun, Oyo and several other states confirmed purchasing cooking gas within the ₦1,050 to ₦1,400 per kilogramme range.

Some major marketers were also reported to be selling LPG directly to consumers at about ₦900 per kilogramme, further indicating improved supply conditions.

Prices Still High, But Better Than October Peak

For many consumers, current prices represent a relief from the sharp increases seen during the height of last year’s crisis, when cooking gas sold for as much as ₦2,000 per kilogramme in some locations.

That spike followed a shutdown of gas facilities in September and October, triggered by a dispute between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The shutdown significantly disrupted supply chains and pushed prices upward nationwide.

Although prices have since moderated, consumers say they hope the cost will fall below ₦1,000 per kilogramme in 2026, arguing that cheaper LPG is critical to promoting clean cooking and reducing reliance on firewood and charcoal.

Retailers Confirm Market Stabilisation

The National Chairman of the Liquefied Petroleum Gas Retailers branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Ayobami Olarinoye, confirmed that the LPG market has stabilised to a large extent.

He disclosed that some offtakers are now receiving gas supplies at Apapa in Lagos, a major distribution hub.

“The LPG market is relatively stabilised. Some off-takers have gas now in Apapa. The retail price is between ₦1,300 and ₦1,400 per kg at street retail outlets,” Olarinoye said.

He explained that variations in price are influenced by neighbourhood, transportation costs and logistics, adding that cooking gas may be cheaper at filling stations and gas plants

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