As of Wednesday, April 8, 2026, cooking gas prices in Nigeria have reached a new high, with retail costs rising by over 13% within the last week.
Market checks across major cities show that the average price of Liquefied Petroleum Gas (LPG) has surged to ₦1,500 per kilogram, up from ₦1,300 recorded in March.
Current Cooking Gas Price Breakdown
Retail Prices (Average)
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1kg Refill: ₦1,500
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6kg Cylinder: ₦9,000 – ₦10,500
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12.5kg Cylinder: ₦18,750 – ₦21,000 (depending on location)
Wholesale/Depot Price
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20 Metric Tonnes: ₦21 Million (up from ₦18 million last month).
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Price per Metric Ton: ₦1,065,000.
Regional Price Variation
Prices vary significantly based on proximity to coastal depots and local transportation costs:
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Lagos & South-West: ₦1,300 – ₦1,500 per kg.
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Abuja (FCT): ₦1,550 – ₦1,650 per kg.
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South-South (Port Harcourt/Benin): ₦1,450 – ₦1,550 per kg.
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Northern Nigeria (Kano/Kaduna): ₦1,600 – ₦1,750 per kg.
Why Are Prices Rising?
Industry experts and the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) have identified several critical factors driving this hike:
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Global Energy Crisis: National President of NALPGAM, Inyang Edu, noted that the sharp increase is directly linked to the Middle East crisis. “It has affected not only cooking gas but other petroleum products,” he stated.
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Limited Supply from Dangote Refinery: While the Dangote Refinery sells at a cheaper rate (approx. ₦16 million per 20MT), its supply remains limited. Edu explained, “The supply from Dangote is limited; he recently announced that he only gets five out of 13 crude oil allocations it required.”
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Logistics & Depot Costs: Depot prices at facilities like Rainoil, Nipco, and Mobil have climbed to ₦21 million. Marketers must factor in these landing costs plus the rising cost of diesel used for transportation. “Private depot operators cannot sell below their landing and operational costs, and this ultimately impacts the final price to consumers,” Edu added.
