Politics
Nigeria: Latest Price For Refilling Cooking Gas Per Kg
Nigeria: Latest Price For Refilling Cooking Gas Per KgThe price of refilling Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has experienced fluctuations across Nigeria this week. Consumers are facing varying prices due to seasonal demand, transportation challenges, and global market factors.....KINDLY READ THE FULL STORY HERE▶
The average cost of refilling cooking gas currently ranges from ₦1,300 to ₦1,500 per kilogram. However, prices differ significantly depending on location, supply availability, and distribution logistics.
Key Factors Affecting Prices:
1.Seasonal Demand: With the festive season approaching, the demand for cooking gas has increased, driving prices higher.
2.Transportation Costs: Poor road infrastructure and rising fuel prices are contributing to higher distribution costs, especially to northern states.
3.Global LPG Prices: Fluctuations in international LPG prices are affecting the domestic market, as Nigeria relies heavily on imports for a large portion of its LPG supply.
4.Currency Exchange Rates: The depreciation of the naira against major currencies has raised the cost of importing cooking gas, impacting retail prices.
Current Cooking Gas Prices (Per Kg):
•1kg Cooking Gas – ₦1,300
•3kg Cooking Gas – ₦3,900
•5kg Cooking Gas – ₦6,500
•6kg Cooking Gas – ₦7,800
•10kg Cooking Gas – ₦13,000
•12.5kg Cooking Gas – ₦16,250
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