Nigeria's Cooking Gas Prices Drop Sharply Amid Supply Challenges

The retail price of liquefied petroleum gas (LPG) in Nigeria has decreased to 1,080 NGN per kilogram in January 2026. Despite challenges in the energy sector and supply constraints, the cost of cooking gas has dropped significantly in recent weeks.

Nigeria heavily relies on gas imports due to inadequate local refining capacity, leading to increased costs. The fluctuating international crude oil prices have a direct impact on the domestic LPG prices, resulting in higher retail prices despite Nigeria's vast gas reserves.