Latest Update On Cooking Gas Prices Across Nigeria

Latest Update On Cooking Gas Prices Across Nigeria

The cost of cooking gas in Nigeria has slightly decreased, offering modest relief to households amid rising living expenses.

A weekend market survey by ireporteronline revealed that the average price for 1kg of cooking gas is now ₦1,350, although rates vary based on location and cylinder size.

Key Highlights:

• While Nigerians welcome the slight price drop, many are calling for more substantial reductions to ease financial pressure.
• Cooking gas prices are influenced by factors such as global market trends, exchange rates, transportation costs, and seasonal demand.
• Experts attribute ongoing pricing challenges to the naira’s depreciation and logistics issues within the country.
• With the festive season approaching, concerns about affordability remain high among consumers.

Advocacy and Government Action

Advocacy groups are urging the government to promote local gas production and optimize distribution systems to lower costs and enhance accessibility for Nigerians.

Current Cooking Gas Prices Per Cylinder Size:

• 1kg Cooking Gas – ₦1,350
• 3kg Cooking Gas – ₦4,050
• 5kg Cooking Gas – ₦6,750
• 6kg Cooking Gas – ₦8,100
• 10kg Cooking Gas – ₦13,500
• 12.5kg Cooking Gas – ₦16,875

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