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Nigeria's Cooking Gas Prices Soar to ₦1,600/kg Amid Demand Surge

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Nigeria's Cooking Gas Prices Soar to ₦1,600/kg Amid Demand Surge

Nigeria's cooking gas market is experiencing significant supply pressure as daily consumption has surged to 5.2 kilotonnes in September 2026, an 8% increase from 4.8 kilotonnes in August. This consumption level exceeds the official demand benchmark of 3.9 kilotonnes by approximately 33%.

Despite a 9% increase in total liquefied petroleum gas (LPG) receipts, from 4.3 kilotonnes to 4.7 kilotonnes daily, the consumption remains higher than incoming supplies, resulting in a daily shortfall of about 500 tonnes. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported significant price variations across major cities, with the highest price at ₦1,600 per kilogramme and the lowest in Abuja at ₦1,200.

In Lagos, prices ranged from ₦1,250 to ₦1,400 per kilogramme. Refilling a 12.5kg cylinder costs between ₦15,000 and ₦20,000, depending on location.

Increased domestic supply has moderated prices, and reliance on imported cooking gas has decreased, with domestic receipts rising by 50% to 4.5 kilotonnes daily.

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