-
Price of Cooking Gas Per Kg This Week in Nigeria.
-
Dangote threatens direct sales if market prices remain high.
-
Pricing affected by depot costs, transport, forex, and middlemen.
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a slight drop in parts of Nigeria this week, providing some relief to households battling high living costs.
EDITOR’S PICKS
- Lagos PDP Inaugurates Screening Committee Ahead of State Congress
- North Needs Unity Not Infrastructure – APC Chieftain
- INEC Rejects ADC’s David Mark-Led Caretaker Committee
EKO HOT BLOG reports that checks at major filling stations show that BOVAS outlets are selling LPG at ₦1,100 per kilogram, while Rainoil lists around ₦1,150/kg. In many other outlets, especially independent distributors, prices range between ₦1,200 and ₦1,250/kg depending on location and supply factors.
Average LPG Retail Prices (August 8, 2025)
| Cylinder Size | Average Price (₦) |
|---|---|
| 1 kg | 1,150 |
| 2 kg | 2,300 |
| 3 kg | 3,450 |
| 6 kg | 6,900 |
| 8 kg | 9,200 |
| 12 kg | 13,800 |
This price adjustment follows recent remarks by Dangote Group President, Aliko Dangote, during a tour of his Lekki Refinery. Dangote criticised the prevailing market prices as “too high for the average Nigerian” and disclosed that his refinery produces thousands of tonnes of LPG daily. He warned that if distributors fail to bring prices down, the refinery might begin direct-to-consumer sales to reduce costs and encourage the shift from firewood and kerosene to cleaner cooking gas.
Factors Affecting LPG Prices
-
Depot Landing Costs: Gas prices at storage depots influence retail pricing.
-
Transportation Expenses: Diesel and trucking costs add to consumer prices.
-
Foreign Exchange Rates: LPG imports and equipment costs respond to naira-dollar changes.
-
Regional Demand and Supply: Areas farther from coastal depots often pay more.
-
Middlemen Markups: Multiple distribution layers raise end-user prices.
