Cooking Gas Prices Soar In Nigeria: Here’s The Latest Per Kg Rate

Households across Nigeria continue to encounter fluctuating prices for Liquefied Petroleum Gas (LPG), commonly known as cooking gas, with rates varying significantly between filling stations. These disparities are largely driven by differing supply chain costs and logistical issues.

According to recent market surveys, Rainoil retail stations are offering one of the lowest prices this week at ₦1,020 per kilogram. However, pricing remains inconsistent across the country:

• Some outlets charge ₦1,050 per kg

• Others sell for as high as ₦1,250 per kg

These variations stem from factors such as the landing cost of LPG, transportation from depots to filling stations, and broader market dynamics.

Estimated Refill Costs at ₦1,020/kg (Rainoil Rate):

• 1 kg – ₦1,020

• 3 kg – ₦3,060

• 5 kg – ₦5,100

• 10 kg – ₦10,200

• 12 kg – ₦12,240

• 12.5 kg – ₦12,750

Key Drivers of Cooking Gas Price Variations:

• Landing Costs: Differences in depot fees and transport expenses significantly affect final retail prices.

• Exchange Rates: A weakening naira against the dollar impacts LPG importation and equipment costs.

• Logistics and Infrastructure: Poor road conditions and high delivery expenses increase the cost of distribution, particularly to inland areas.

• Seasonal Demand: Prices often spike during festive periods due to increased consumption.

• Market Competition: Retailers adjust prices based on local competition and their ability to buy in bulk.

With cooking gas prices rising and remaining unpredictable, many Nigerian families are being forced to seek cheaper alternatives like kerosene and firewood—raising concerns about health risks and environmental degradation.