Nigeria’s cooking gas market is enjoying its sharpest relief in months, with retail prices for Liquefied Petroleum Gas (LPG) falling from a peak of roughly ₦2,200 per kilogramme to a range of ₦1,000 to ₦1,500, depending on location and supplier.
In Abuja, the shift is playing out across neighbourhoods and filling stations alike. Retail prices in the capital now range between ₦1,250 and ₦1,500 per kilogramme, marketers say, down markedly from levels that had squeezed household budgets since the LPG price surge began in 2023. A market survey found that a kilogram of cooking gas has dropped to N1,300 down from N1,450 in Abuja and its environs, with Ranoil, Shafa, and AP Ardova filling stations dispensing LPG at N1,350, N1,300, and N1,400 per kilogram respectively.
The decline traces to a combination of expanding domestic supply and a jump in imports. Depot owners now sell LPG for between N997 and N1,030 per kilogram, down from as high as N1,100, while NMDPRA data for June showed LPG imports rising sharply, with volumes climbing to about 1.5 kilotonnes per day. Industry watchers attribute the broader softening to increased output from major domestic suppliers, including Dangote, alongside the import surge.
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has credited coordinated engagement between operators, regulators and government agencies for restoring balance to a market that had been strained by hoarding, diversion and logistics bottlenecks. NALPGAM president Edu Inyang said product availability has improved and confidence has returned to the market, which has helped bring down prices. He added that further moderation is possible if supply flow, foreign exchange stability and logistics costs remain favourable.
The pace of the decline has varied by region. Cooking gas is selling for between N1,100 and N1,350 per kilogramme in Lagos, Ibadan and Abeokuta, while consumers in Benin City, Port Harcourt and Warri are paying between N1,150 and N1,400 per kilogramme, reflecting differences in transport costs and proximity to depots. Some marketers now project prices could ease further toward the ₦900–₦1,100 band by year-end if current supply momentum holds, though such forecasts remain contingent on FX stability and continued import flows.
For households that had cut back on gas consumption or reverted to firewood and charcoal amid the price spike, the reversal offers tangible relief, and a signal that Nigeria’s clean-cooking transition may regain some of the ground lost over the past three years.
