The cost of cooking gas remains a major challenge for many households as retail prices continue to fluctuate.
While wholesale figures fluctuate, the reality for consumers at local shops often tells a different story once retailer margins are added.
Current Market Overview
While major depots currently list gas around N1,600 to N1,700 per kg, you will pay between N2,000 and N2,500 per kg at most local retail shops and roadside outlets across the country.
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5kg Cylinder: Expect to pay between N8,000 and N11,000 to refill.
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12.5kg Cylinder: Expect to pay between N20,000 and N27,000 to refill.
Why the Price Gap?
There is a significant “price gap” between the depot and your local retailer. As one marketer explained, “We have to factor in the rising cost of transportation and the logistics involved in moving gas from the depot to our shops, which is why the price at the local level is higher than the wholesale rates you hear in the news.” Once these logistics, handling, and shop overheads are added, the price passed on to the household inevitably settles at the higher bracket.
Future Outlook
Despite these challenges, there is some hope for stability. Industry leaders have suggested that if supply chain reforms are fully implemented, retail prices could see a downward trend toward the N900 to N1,100 per kg mark by the end of 2026. For now, however, consumers are advised to check with local retailers as prices may vary significantly based on your specific location.
