As the retail costs of Liquefied Petroleum Gas, also referred to as cooking gas, drop due to better product supply and lower depot prices, households in various parts of the nation are starting to feel better.
After weeks of high pricing, retail LPG prices have begun to decline in major cities, according to the most recent market update from gas marketers. However, the declines have not been consistent due to differences in transportation costs, distance from supply depots, and retailer margins.
Cooking gas is currently selling for between N1,100 and N1,350 per kilogramme in Lagos, Ibadan, and Abeokuta, while customers in Benin City, Port Harcourt, and Warri are paying between N1,150 and N1,400/kg, according to marketers’ checks.
Customers in Abuja pay between N1,250 and N1,500/kg, while retail prices in Onitsha and Enugu range from N1,200 to N1,450/kg.
Edu Inyang, the National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, informed our correspondent that consumers in Maiduguri and parts of the North-East continue to pay the highest prices, ranging from N1,350 to N1,650/kg, reflecting the additional logistics costs of transporting goods to the area, while northern cities, such as Kano and Kaduna, currently record prices of N1,300 to N1,550/kg.
According to Inyang, the national retail price range is currently between N1,100 and N1,650 per kilogramme, while some local shops continue to charge more because transportation and distribution costs are still high.
The improvement is a reversal of the dramatic hikes seen in May, when depot prices and limited supplies caused cooking gas prices to rise sharply in a number of regions of the nation.
The president of NALPGAM claims that the most recent drop comes after better product availability from both imports and domestic production, as well as reduced depot pricing. Additionally, he linked the easing to heightened rivalry among marketers and the end of panic buying, which had momentarily reduced supply.
Retail cooking gas prices have begun to decline in several markets following reports of better LPG availability and lower depot pricing in late June 2026, though the decline has not been consistent throughout Nigeria. Cities still differ substantially in terms of retailer margins, transportation costs, and distance from depots.
In general, the national retail range is between N1,100 and N1,650 per kilogramme; however, in areas where logistics costs are still high, some local stores charge somewhat more. According to Inyang, “the recent easing reflects lower depot prices as supply improved, increased product availability from domestic sources and imports, decreased panic buying and hoarding after government market interventions, and more competition among marketers in major cities.”
Although industry participants pointed out that prices may continue to vary depending on local distribution costs, the development is anticipated to offer some respite to those struggling with growing living expenses.
A 5 kg cylinder refill currently costs between N5,500 and N8,250, while a 6 kg refill costs between N6,600 and N9,900 based on current retail rates. According to Inyang, depending on the region and merchant, customers refilling a typical 12.5 kg cylinder could anticipate to pay between N13,750 and N20,625.
Marketers warned that despite the improvement, retail prices have not yet stabilized nationally, pointing out that towns away from large LPG depots may still face comparatively higher pricing due to transportation costs.
As long as there were no significant supply or logistical problems, industry operators expressed hope that continued product availability from regional producers combined with consistent imports would further decrease prices in the upcoming weeks.
Additionally, Ayobami Olarinoye, National Chairman of the Nigeria Union of Petroleum and Natural Gas Workers’ Liquefied Petroleum Gas Retailers Branch, informed our reporter that the industry was gradually returning to normal.
But according to Olarinoye, whose members sell gas in local stores, they presently charge customers between N1,600 and N1,800 per kilogram. “The supply and inflow are progressively returning to normal. The availability is greater.
Additionally, the price is gradually decreasing. As of today (Monday), we sell to customers for between N1,600 and N1,800 per kg, while we purchase from the marketers (plant operators) for between N1,300 and N1,500 per kg, depending on the areas. The location and related logistics also play a role in this.
It was previously reported that marketers finalized plans to import cooking gas on a huge scale to boost availability and affordability as prices increased by almost 140 percent in various parts of the nation.
This year, the average price of cooking gas per kilogramme increased from N1,000 in January and February to N2,400 in May and June. As a result, the regulator started granting licenses to import LPG. According to industry operators, this came after local LPG producers were unable to satisfy domestic demand.
In the meantime, Ekperikpe Ekpo, the Minister of Petroleum Resources (Gas), stepped in and cautioned operators against hoarding and profiteering.
