Cooking Gas Prices Surge to N1,800 in Ogun State

The retail price of cooking gas in Ogun state has increased to N1,800 per kilogram, reflecting a significant rise in depot supply costs from N1,100 to as high as N1,445 per kilogram, marking a N345 or 31.4% increase. Retailers have indicated that the higher wholesale costs leave them with no choice but to pass on the increase to consumers.

Most operators are currently charging N1,445 per kilogram, while Dangote is selling at a lower price of N1,150 per kilogram, which is N295 below its competitors. This disparity in pricing among depots may lead to variations in retail costs across the state.

The current retail rate means that filling a 12.5kg cylinder now costs N22,500, while a 5kg cylinder costs N9,000. The price increase adds to the financial burden on families that depend on cooking gas, especially during a time of tight budgets.

The Nigerian Association of Liquefied Petroleum Gas Marketers has urged the federal government to distribute free cooking gas cylinders to improve access to cleaner energy.