The Independent Petroleum Marketers Association of Nigeria says the price of liquefied petroleum gas, sometimes referred to as cooking gas, decreased as a result of the Premium Motor Spirit price cut.
This comes as certain retail establishments in the Federal Capital Territory, Abuja, lowered the price of refilling a 12.5-kilogram cooking gas cylinder from N17,500 to N16,250, according to The Intercept.
Accordingly, 1 kilogramme of cooking gas is currently sold in Abuja for N1,300 instead of N1,400 as it was last month.
According to the location in Abuja, 1 kilogramme of cooking gas is sold at filling stations or gas stations for between N1,050 and N1,150, as opposed to N1,200 and N1,400 in prior months.
According to data from the National Bureau of Statistics, the cost of cooking gas in Lagos State decreased from N17,283.58 for 12.5 kg in November of last year to about N13,750.00 as of April 2025, depending on the area.
The decrease in the price of LPG is also experienced in Edo, Delta, Niger, and other states in Nigeria, with customers needing to save at least N1,000 for refilling either a 12.55kg cylinder or a lower quantity.
This comes after Nigerian National Petroleum Company Limited retail outlets, gas merchants, and Dangote Refinery’s retail partners recently reduced the price of gasoline from N940 to N970 per litre to between N910 and N950.
1.4 million metric tonnes of LPG are consumed in Nigeria each year, according to the Nigerian Midstream Downstream Petroleum Regulatory Authority, or NMDPRA.
1.4 billion kilogrammes is the equivalent of this. Customers will spend N1.82 trillion annually, down from N1.96 trillion, at the current average price of N1.4 billion per kilogramme.
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Nigeria imported 800,000 tonnes of cooking gas to fulfil the 1.4 million metric tonnes of annual demand, even though the country generated 600,000 tonnes domestically.
In response to the news, Chinedu Ukadike, the spokesman for the Independent Petroleum Marketers Association of Nigeria, stated in an interview with The Intercept that a little decrease in the price of LPG is anticipated when the price of petrol is lowered.
He claims that the pricing of rival goods has been influenced by alternative energy sources in the nation’s downstream industry.
“When the petrol price was high, liquefied petroleum gas was used as an alternative to fuel for some generators.
“Now that the price of petrol is going down, the LPG marketers and producers have dropped their prices in line with the international factor and exchange rate.
“The alternative choice of energy in the downstream sector has impacted the prices of competing petroleum products. The pricing of petroleum products affects the behaviour of consumers.
“That is the beauty of deregulation.
“The price may drop further in the coming month depending on the international and domestic market matrix,” he told The Intercept.
