HomeBusinessFind out more as Marketers give update on new cooking gas prices...

Find out more as Marketers give update on new cooking gas prices nationwide

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Retail cooking gas dealers confirmed prices still range from N1,300 to N1,650/kg across Nigeria, weeks after the federal government’s emergency interventionDepot prices in Lagos have eased to between N1,025/kg and N1,050/kg, yet retail rates remain well above pre-crisis levelsNALPGAM president Edu Inyang said the Abuja stakeholders’ meeting stabilised the market but has not made LPG affordable for most Nigerians

Retail cooking gas prices across Nigeria remain high, with consumers still paying between N1,300 and N1,650 per kilogramme despite a measurable easing in wholesale costs at major depots, a fresh market survey has shown.

The update comes roughly two weeks after the Federal Government convened an emergency stakeholders’ meeting in Abuja to address a supply crisis that had sent cooking gas prices as high as N2,500/kg in some parts of the country.

New cooking gas prices emerge across Nigeria as marketers explain why consumers are yet to enjoy cheaper LPG.Cooking gas prices are yet to reflect recent declines in depot costs. Photo: Nurphoto
Source: Getty Images

Depot price changes

Market checks by Petroleumprice.ng indicate

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