Cooking gas prices remain high despite improved supply, marketers explain

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says cooking gas prices remain high across the country despite recent improvements in product availability.
The association’s National President, Edu Inyang, said government interventions introduced in June 2026 have helped increase the supply of Liquefied Petroleum Gas (LPG), but consumers are yet to see a significant drop in retail prices.
According to market surveys, cooking gas currently sells for between N1,450 and N1,700 per kilogram in Abuja and surrounding areas, compared to about N1,200 per kilogram in May.
Speaking on the current market situation, Inyang said the intervention had eased supply challenges but had not addressed the factors keeping prices elevated.
“The immediate impact has been greater product availability rather than lower prices,” he said.
He explained that several issues continue to influence the cost of LPG, including high international prices, foreign exchange challenges, expensive transportation and distribution costs, and insufficient domestic production.
“LPG retail prices remain stubbornly high. While prices have stopped escalating at the previous pace, consumers are yet to experience meaningful relief because international LPG prices remain elevated, foreign exchange costs continue to increase import expenses, transportation and inland distribution costs remain high, domestic production is still insufficient to fully satisfy national demand, and market competition has not yet driven prices downward,” Inyang added.
The comments suggest that although supply has improved in recent weeks, households may have to wait longer before any substantial reduction in cooking gas prices is reflected in the market.



