Households across Nigeria are beginning to experience relief as the retail price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, declines following improved product supply and lower depot prices.
Market updates from gas marketers indicate that retail LPG prices have started easing in major cities after weeks of steep increases, although the reductions vary due to transportation costs, proximity to supply depots and retailer margins.
Current market checks show that cooking gas now sells for between N1,100 and N1,350 per kilogramme in Lagos, Ibadan and Abeokuta. Consumers in Benin City, Port Harcourt and Warri pay between N1,150 and N1,400/kg, while prices in Onitsha and Enugu range from N1,200 to N1,450/kg. In Abuja, retail prices stand between N1,250 and N1,500/kg.
The National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Edu Inyang, said northern cities such as Kano and Kaduna currently record prices of N1,300 to N1,550/kg, while consumers in Maiduguri and other parts of the North-East continue to pay the highest rates, ranging from N1,350 to N1,650/kg, owing to higher transportation costs.
According to him, the national retail price now ranges from N1,100 to N1,650 per kilogramme, although some neighbourhood retailers still charge above this level because of elevated logistics and distribution costs.
The latest decline marks a reversal from the sharp price increases witnessed from May, when supply shortages and rising depot prices pushed cooking gas costs significantly higher across the country.
Inyang attributed the easing to improved product availability from both local production and imports, lower depot prices, increased competition among marketers and the disappearance of panic buying that had temporarily tightened supply.
“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,” he said.
The development is expected to offer some relief to households struggling with rising living costs, although industry operators noted that prices would continue to vary across locations depending on local distribution expenses.
Based on prevailing retail prices, refilling a 5kg cylinder now costs between N5,500 and N8,250, while a 6kg cylinder costs N6,600 to N9,900. Consumers refilling a standard 12.5kg cylinder are expected to pay between N13,750 and N20,625, depending on location and retailer.
Despite the improvement, marketers cautioned that prices have yet to stabilise nationwide, noting that communities located far from major LPG depots may continue to pay higher prices because of transportation costs.
They, however, expressed optimism that sustained supply 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 National Chairman of the Liquefied Petroleum Gas Retailers Branch of the Nigeria Union of Petroleum and Natural Gas Workers, Ayobami Olarinoye, also confirmed that normalcy was gradually returning to the sector.
He, however, noted that neighbourhood retailers currently sell cooking gas at N1,600 to N1,800 per kilogramme.
“The inflow and supply are gradually getting back to normal. There is more availability.
“The price is also coming down gradually. As of today (Monday), we buy from between N1,300 and N1,500 per kg from marketers (plant operators), depending on the location, while we sell between N1,600 and N1,800 per kg to consumers. This also depends on the location and associated logistics,” Olarinoye said.
Cooking gas prices had surged by about 140 per cent in many parts of the country, rising from an average of N1,000 per kilogramme in January and February to as high as N2,400/kg between May and June.
The sharp increase prompted marketers to plan large-scale LPG imports to improve supply and affordability, while the regulator began issuing import licences following concerns that local producers could not meet domestic demand.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, also intervened by warning operators against hoarding and profiteering.
