Categories: News

Price Of Cooking Gas Per Kg In Nigeria This Week

Cooking gas prices in Nigeria have dropped from ₦1,350 to ₦1,020 per kg.
The price reduction eases the financial burden on households and businesses.
Global energy shifts and local supply adjustments contributed to the price drop.

A recent survey has revealed a notable drop in the price of cooking gas across Nigeria, bringing relief to households and businesses that rely on it as their primary fuel source.

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EKO HOT BLOG reports that according to findings, the price of refilling cooking gas per kilogram has decreased from ₦1,350 to ₦1,020, marking a significant shift in the market after months of steady increases. The survey, which covered gas stations and vendors nationwide, suggests that this reduction could ease the financial burden on families and small businesses, positively impacting the cost of living.

Below is the updated cost breakdown based on the new price of ₦1,020 per kilogram:

1kg: ₦1,020
3kg: ₦3,060
5kg: ₦5,100
10kg: ₦10,200
12.5kg: ₦12,750

The price drop is attributed to several factors, including fluctuations in global energy prices and adjustments in local supply chains. While the crude oil and natural gas markets have seen recent shifts, the reduction in cooking gas prices comes as a welcome development for Nigerian consumers.

Households that depend on cooking gas for daily use will now spend less on fuel, while small businesses, particularly those in the food and hospitality sectors, may see an improvement in profit margins.

Cooking Gas Prices

This development is expected to provide some economic relief amid ongoing financial challenges facing many Nigerians.