Cooking gas (LPG) prices in Nigeria increase, with some consumers paying as much as ₦1,800 per kilogram in Abuja. Reports also cite lower but still rising prices in Lagos and Ogun, where LPG is said to reach about ₦1,650 per kilogram. Multiple outlets attribute the higher retail rates to recent adjustments by depot owners and retailers over the past few days.
Context in the coverage links the latest jump to depot-price increases. One outlet also reports that depot prices rose by 31.8% within about a month, moving from ₦1,100/kg to ₦1,450/kg. Another quoted explanation points to seasonal demand, describing peak heating-season conditions in Europe that increase global gas demand and push up LPG prices, with expectations that prices ease after the season.
Different outlets emphasize different details: some focus on city-by-city price points, while others include specific examples of price changes at particular outlets. One outlet also reiterates specific depot and retail price adjustments, while another frames the story around consumer spending pressures as households absorb the higher LPG costs.
