HomeBusinessRevealed: Why cooking gas prices are crashing fast across Nigeria

Revealed: Why cooking gas prices are crashing fast across Nigeria

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Cooking gas prices in Nigeria drop significantly as fierce competition among depot owners intensifiesDepot prices now as low as N980 per kilogram, offering relief to struggling householdsExperts predict continued price declines if the global energy market remains stable and supply improves

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

Cooking gas prices are falling sharply across Nigeria as depot owners slash rates in a fierce price battle with marketers affiliated with Dangote Refinery, offering fresh relief to millions of households burdened by soaring energy costs.

The latest round of price cuts has seen depot prices drop to as low as N980 per kilogram, marking a significant reversal from the steep increases recorded just weeks ago when LPG prices surged by more than 200% in some parts of the country.

Dealers crash cooking gas prices further amid increased importsNew cooking gas prices emerge at depots after Dangote marketers lower rates. Credit: Brin
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