LPG prices for everyday cooking in Nigeria have continued to ease in several locations after a run-up driven by supply disruptions that pushed costs higher for weeks. Retail checks in Abuja indicate that the decline is material, though the market has not yet returned to lower price bands expected earlier in the year.
Quick facts
- Abuja retail prices for LPG have fallen by about N1,450–N1,500 per kilogram from roughly N1,700 at AA Shafa and Ranoil in Dutse and Gwarimpa.
- In areas such as Kubwa, Dawaki, Bwari, and Lugbe, LPG is being sold at around N1,650–N1,700 per kilogram, compared with levels that had reached as high as N2,000 per kilogram.
- Over the past few weeks, prices eased by about N200–N350 per kilogram.
- Depot owners are selling LPG between N1,065 and N1,100 per liter (for per-kilogram pricing).
- Despite the drop, retail prices have not yet fallen to the N1,000–N1,200 per kilogram range before May 27, 2026.
- Industry stakeholders tied the earlier surge to seasonal factors, rising demand, and scarcity.
In Abuja, retailers in Dutse and Gwarimpa—covering outlets associated with AA Shafa and Ranoil—have reduced LPG pricing from about N1,700 per kilogram to a range between N1,450 and N1,500 per kilogram. Elsewhere across the capital, including Kubwa, Dawaki, Bwari, and Lugbe, LPG is now typically dispensed at between N1,650 and N1,700 per kilogram, versus peaks that had climbed to as much as N2,000 per kilogram.
The movement suggests a partial correction in the retail market: the latest checks show cooking gas costs easing by roughly N200 to N350 per kilogram over the last several weeks. Depot pricing remains higher than the lower retail band that many consumers expect, which helps explain why the full pass-through to cheaper kitchen gas has yet to arrive.
Depot owners, meanwhile, are reported to be selling LPG within a tighter range of N1,065 to N1,100 per liter for per-kilogram pricing. Even with improved supply conditions supporting the recent retail reductions, the market is still not back to the targeted N1,000 to N1,200 per kilogram range ahead of May 27, 2026.
Why prices surged earlier
Earlier increases were linked to constraints that tightened availability, and pressure on prices intensified as demand rose. Market guidance for LPG importers focused on expanding shipments to strengthen domestic supply and reduce the likelihood of shortages that typically widen spreads between depot and retail pricing.
Spokespeople from the Oil and Gas Suppliers Association of Nigeria (NOGASA) and Nigerian Independent Petroleum Company Plc (NIPCO)—Chinedu Ukadike and Taofeek Lawal—pointed to seasonal issues, higher demand during the period, and scarcity as the main drivers behind the recent spike in cooking gas prices. With retail prices now easing, the key question for consumers and traders is how quickly supply improvements can pull prices further down toward the N1,000–N1,200 per kilogram level expected before May 27, 2026.
