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HomeBusinessCooking Gas Prices Crash Nationwide as LPG Costs Fall by Nearly 50%

Cooking Gas Prices Crash Nationwide as LPG Costs Fall by Nearly 50%

Borno State Government

Nigerians are beginning to enjoy significant relief in the cost of cooking gas as prices of Liquefied Petroleum Gas (LPG) have fallen sharply across the country, dropping from a peak of about ₦2,200 per kilogramme to between ₦1,000 and ₦1,500 per kilogramme in many markets.

The price decline, which has been welcomed by households and small businesses, marks one of the most substantial reductions in cooking gas costs in recent months, easing pressure on consumers battling the high cost of living.

In the Federal Capital Territory, Abuja, retail outlets are now selling LPG at prices ranging between ₦1,250 and ₦1,500 per kilogramme, depending on location and supplier. Similar reductions have also been reported in several major cities across the country.

The drop comes after months of soaring gas prices that forced many families to reduce consumption or return to traditional cooking fuels such as firewood and charcoal due to affordability concerns.

Consumers who spoke to our correspondent described the development as a welcome relief, expressing hope that the lower prices would be sustained.

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“I can now refill my cylinder without spending as much as I did a few months ago,” an Abuja resident said. “It is a big relief for families struggling with rising food and transportation costs.”

Industry observers say the decline reflects improved market conditions, including increased supply and relative stability in the LPG value chain, although they caution that prices could still fluctuate depending on exchange rates, international market trends and distribution costs.

The reduction is expected to encourage more households to return to cleaner cooking fuel, supporting ongoing efforts to promote the use of LPG as a safer and more environmentally friendly alternative to firewood and kerosene.

For millions of Nigerians, the sharp decline in cooking gas prices offers a rare bright spot amid persistent economic challenges, raising hopes that essential household energy may become more affordable in the months ahead.

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