After several weeks of rising costs, the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has started to decline across Nigeria, offering relief to households hit by recent price hikes.
Findings show that the average retail price now ranges between ₦1,300 and ₦1,500 per kilogram, compared to around ₦2,000 per kilogram just three weeks ago. Despite the drop, consumers say prices remain unstable in some areas.
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The earlier surge was attributed to disruptions in supply following an industrial dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery, which temporarily slowed LPG distribution.
Government officials had warned marketers against hoarding or inflating prices, while the refinery reportedly sold LPG at about ₦715 per kilogram to major distributors.
Analysts predict prices could fall further if supply continues to improve, potentially easing the burden on families and small businesses.
The reduction marks a welcome development for many Nigerians who rely on cooking gas as their primary energy source and aligns with the government’s push for clean and affordable household energy.
