Cooking Gas Prices Hit Nigerians Hard – See Latest Cost Per Kg Nationwide

The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has recorded a slight drop in some parts of Nigeria this week, offering much-needed relief to households battling high living costs.

At BOVAS filling stations, cooking gas is currently sold at ₦990 per kilogram — one of the lowest prices seen in recent months.

Rainoil outlets are selling at about ₦1,020/kg, while several independent retailers still charge between ₦1,100 and ₦1,150/kg, depending on location and supply factors.

This mild price reduction comes shortly after Aliko Dangote, President of Dangote Group, vowed to make cooking gas more affordable for Nigerians.

During a tour of his Lekki Refinery, Dangote criticised the prevailing market rates as “too high for the average Nigerian” and disclosed that his refinery is producing thousands of tonnes of LPG daily. He further warned that if middlemen and distributors fail to lower prices, Dangote Refinery may begin selling directly to consumers to cut costs and promote a shift from firewood and kerosene to LPG.

Why LPG Prices Differ by Location:

• Depot Landing Costs: The wholesale price from storage depots heavily influences retail pricing.

• Transportation Expenses: Rising diesel prices and logistics costs push up final retail rates.

• Foreign Exchange Rates: LPG imports and equipment costs are affected by naira-dollar fluctuations.

• Regional Demand & Supply: Areas farther from coastal depots often pay more due to limited supply.

• Middlemen Markups: Multiple distribution layers can raise prices above expected market levels.