A survey conducted by Naija News on Thursday has revealed that the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, is gradually dropping across major outlets in Nigeria.
According to the survey, Conoil now sells cooking gas at ₦1,080 per kilogram, while AP offers the product at ₦1,000 per kilogram.
This decline comes just weeks after many marketers sold LPG for as high as ₦1,500 per kg, blaming the surge on old stock purchased at high cost.
The latest reduction signals what consumers hope will be a sustained downward trend in cooking gas prices, especially as households continue to grapple with rising living costs.
Naija News recalls that the Federal Government directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify monitoring of LPG depots to prevent hoarding.
The Minister of State for Petroleum Resources (Gas), Dr Ekperikpe Ekpo, attributed the recent spike to two major factors:
The industrial action by PENGASSAN at the Dangote Refinery, and
Ongoing maintenance at the NLNG Train 4 facility has reduced the domestic supply. However, he assured Nigerians that supply pressures were easing.
Cooking Gas Price List Based on ₦1,080 per kg
1 kg N1,0803 kg N3,240
5 kg N5,400
10 kg N10,80012 kg N12,960
12.5 kg N13,500
