Cooking gas prices in Nigeria show significant reduction as marketers adjust rates downward. Current figures reveal Conoil selling at ₦1,080 per kilogram while AP offers ₦1,000 per kg – a welcome shift from recent peaks of ₦1,500/kg. This downward trend brings relief to households battling rising living costs nationwide.
Driving Factors Behind Price Fluctuations
The Minister of State for Petroleum Resources (Gas), Dr Ekperikpe Ekpo, attributes recent price spikes to critical supply disruptions. These include the PENGASSAN industrial action at Dangote Refinery and maintenance work at NLNG’s Train 4 facility. The minister confirms these supply pressures are now easing, enabling the current price corrections.
Current Cooking Gas Price List
Based on the ₦1,080/kg benchmark, common refill quantities now cost:
- 1 kg: ₦1,080
- 3 kg: ₦3,240
- 5 kg: ₦5,400
- 10 kg: ₦10,800
- 12 kg: ₦12,960
- 12.5 kg: ₦13,500
Persistent Challenges Despite Reductions
Despite the recent dip, prices remain substantially higher than historical averages. Many retailers still charge around ₦1,800/kg – reflecting ongoing market volatility. This sustained high cost continues pushing some households toward alternatives like charcoal and sawdust as primary cooking fuels.
Industry stakeholders urge the Federal Government to accelerate gas infrastructure investments. Such measures could stabilize supply and prevent future price surges that strain Nigerian consumers already facing economic pressures.