Fresh Cooking Gas Prices Announced Nationwide by Major Marketers and Depot Owners
Depot owners and major oil marketers across Nigeria have released updated prices for liquefied petroleum gas (LPG), commonly known as cooking gas, with rates varying significantly by geographical location and specific supplier. Market checks conducted in major urban centers reveal that leading industry players, including Dangote Refinery and other prominent marketers, have adjusted their depot pricing structures in response to evolving market dynamics and currency movements.
Specific Price Points Across Key Markets
In Lagos, Nigeria's commercial capital, detailed price breakdowns show 11Plc quoting N802.5 per kilogram, while NIPCO announced a slightly lower rate of N800 per kilogram. Techno Oil established its pricing at N805 per kilogram, representing a marginal premium over competitors. These depot rates directly influence the retail prices paid by households for common cylinder sizes including 3kg, 6kg, and 12.5kg containers, which remain the most popular options for Nigerian consumers.
Currency Stability Drives Pricing Adjustments
Industry analysts and energy sector experts attribute the recent pricing changes primarily to the improved performance of the Nigerian naira at the official foreign exchange window. Data released by the Central Bank of Nigeria indicates the local currency has maintained relative stability throughout recent weeks, with the naira trading at N1,350 per dollar on Wednesday, February 11, 2026, representing a slight strengthening from previous trading sessions.
Exchange rate stability plays a crucial role in determining landing costs and depot pricing, particularly since Nigeria continues to import a portion of its LPG requirements despite growing domestic production capacity. With reduced volatility in the foreign exchange market, marketers have been able to implement more moderate price adjustments rather than the dramatic swings witnessed during periods of currency instability.
Growing Local Production and Declining Imports
Fresh statistical data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reveals that Nigeria consumed approximately 52,800 metric tonnes of LPG throughout 2025. Of this total volume, domestic producers supplied roughly 45,800 metric tonnes, while imports accounted for about 7,100 metric tonnes, representing approximately 13 percent of total national consumption.
This production breakdown indicates that local manufacturing and processing facilities now meet approximately 87 percent of Nigeria's cooking gas demand, highlighting the country's growing self-sufficiency in this essential household commodity. The improved production capacity results from expanded local manufacturing infrastructure and significant investments in processing facilities, including Techno Oil's recently unveiled LPG cylinder manufacturing plant designed to lower costs and improve product quality nationwide.
Persistent Challenges for Household Consumers
Despite rising local output and shrinking import volumes, many Nigerian households continue to experience elevated retail prices for cooking gas. Market sources and industry insiders identify several contributing factors including:
- Distribution costs associated with transporting gas across Nigeria's challenging infrastructure network
- Storage expenses for maintaining adequate reserves at various points in the supply chain
- Retailer margins that reflect operational costs and profit expectations
- Broader economic cost pressures affecting multiple sectors simultaneously
While foreign exchange stability and increased domestic supply have helped moderate sharp price spikes, these underlying cost pressures continue to shape what consumers ultimately pay at retail outlets across the country. As the naira stabilizes further and local production capacity strengthens, industry observers anticipate more gradual adjustments in cooking gas pricing nationwide rather than dramatic fluctuations.
Recent Market Trends and Consumer Impact
Recent market observations indicate that liquefied petroleum gas has experienced noticeable price reductions across major Nigerian cities, providing much-needed relief to households already stretched by rising living costs and persistent inflation. Findings from market surveys show prices have eased in Lagos, Abuja, and other urban centers, with dealers attributing the decline to improved product availability and relative stability in the foreign exchange market.
In Lagos specifically, residents report that refilling standard cylinders now costs less than it did just weeks ago, a development many describe as a rare positive development in Nigeria's inflation-affected economy. The new pricing structure reflects ongoing adjustments in the downstream petroleum sector as operators respond to currency movements, supply conditions, and evolving market dynamics that continue to shape Nigeria's energy landscape.
