HomeBusinessWhy cooking gas prices is soaring across depots nationwide

Why cooking gas prices is soaring across depots nationwide

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Cooking gas prices have soared over 60% in Nigeria since May, causing families to revert to firewoodThe global energy crisis and regional tensions are driving fears of further price increases in fuelExperts call for government support to alleviate the financial strain on low-income households amid rising energy costs

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Fresh cooking gas prices have emerged across depots nationwide as Nigerians continue to grapple with worsening liquefied petroleum gas (LPG) scarcity and rising energy costs.

The latest increase in depot prices has triggered fears of another nationwide surge in retail cooking gas costs, putting more pressure on households already struggling with inflation and high living expenses.

Cooking gas dealers announce new depot ratesNigerian depots raise cooking gas prices across Nigeria. Credit: Picture Alliance/Contributor
Source: Getty Images

LPG prices jump by over 60%

Since the beginning of May 2026, the price of cooking gas has climbed sharply

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