Breaking: How Much Nigerians Are Paying To Refill Cooking Gas Per Kg This Week

The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, continues to fluctuate across Nigeria, putting additional pressure on household budgets.

A recent market survey shows that while the average cost per kilogram is ₦1,050, some areas report prices as high as ₦1,500 per kilogram, depending on location and dealer markups.

These variations add to the financial strain for families already grappling with inflation in food and other essentials.

Here’s a breakdown of cylinder costs at the prevailing ₦1,050 per kg rate:

• 1kg – ₦1,050

• 3kg – ₦3,150

• 5kg – ₦5,250

• 10kg – ₦10,500

• 12kg – ₦12,600

• 12.5kg – ₦13,125

Key Factors Driving LPG Price Fluctuations:

• Depot Landing Costs: Prices at depots heavily influence retail rates.

• Transportation Expenses: Rising diesel and trucking costs increase delivery expenses, especially for outlets far from coastal depots.

• Foreign Exchange Volatility: Fluctuations in the naira-dollar rate affect the cost of imported LPG and equipment.

• Regional Demand: High-demand areas or regions with limited supply often experience higher prices.

• Distributor Markups: Independent sellers add margins to cover overheads, raising retail costs further.