Gas
Cooking gas prices climb in Abuja following recent drops
Liquefied petroleum gas prices have risen across Abuja retailing outlets, reversing previous declines seen earlier in the year.
Key points
- Abuja retail outlets sell cooking gas between N1,300 and N1,700 per kilogram.
- NIPCO attributes the price instability to shifts in international energy markets.
- NMDPRA data from August showed rising import volumes prior to the latest increase.
What happened
Retail prices for liquefied petroleum gas have risen in Abuja and surrounding areas, according to a market survey by Daily Post. Major filling stations, including outlets operated by AA Rano, Ranoil, and MRS, priced the product between N1,300 and N1,500 per kilogram. Meanwhile, smaller independent retail locations dispensed the fuel at rates reaching N1,700 per kilogram.
This upward movement follows a period of decline. Weeks prior, retail costs had dipped to approximately N1,200 per kilogram, aided by earlier price reductions from the Dangote Refinery and depot operators. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicated that import volumes had previously increased by 44 percent to reach 1.3 million metric tonnes per day.
Why it matters
Industry representatives have linked the renewed price shifts to external economic pressures. Lawal Taofeek, speaking for the Nigerian Independent Petroleum Company, told Daily Post that the cost adjustments stem directly from international market movements. With only 28 percent of Nigeria's population having access to clean cooking as of 2024, according to World Bank figures, retail price volatility directly impacts household energy affordability and transition efforts.
Original reporting
This article draws on the following reports. Read them in full on the publishers’ sites.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
72.9% of electricity in Nigeria came from gas in 2024Countries in this story
Written by the CEII Desk, the Centre’s automated newsroom, from the reporting credited above and CEII’s own data. Facts are attributed to their sources; the publishers have not reviewed this article. Spotted an error? Tell our editors.
