The price of cooking gas has climbed to about ₦1,300 per kilogram in Lagos, adding further pressure on households and businesses that rely on Liquefied Petroleum Gas (LPG) for cooking and daily operations.

The latest price represents an increase from the ₦1,200 per kilogram recorded in August 2026, with prices varying across gas plants and locations. Some smaller outlets were reportedly selling the product for between ₦1,350 and ₦1,400 per kilogram.

Key Takeaways

• Cooking gas now sells for about ₦1,300/kg in Lagos, compared with ₦1,200/kg in August.
• Some smaller gas plants are reportedly charging ₦1,350–₦1,400/kg.
• LPG marketers say several international and domestic factors are pushing up costs across the supply chain.
• Reported supply constraints are adding pressure to the domestic LPG market.
• The price of 20 metric tonnes of LPG in Lagos was reported at between ₦20 million and ₦22.7 million as of September 16, 2026.
• Higher LPG costs could put additional pressure on households and businesses that depend on cooking gas.

Why Cooking Gas Prices Are Rising

The increase in cooking gas prices in Lagos is being linked to a combination of market pressures rather than one single factor.

According to Inyang Edu, National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, international energy-market volatility is one of the factors affecting the Nigerian LPG market.

Edu pointed to geopolitical tensions, including the conflict involving the United States and Iran, as part of the wider international environment affecting energy markets.

However, the impact on Nigerian consumers is transmitted through several stages of the LPG supply chain.

These include international energy prices, shipping and insurance costs, foreign-exchange exposure, domestic transportation and logistics, as well as the availability and cost of LPG supplied to the domestic market.

What Is Happening Across Lagos Gas Plants

The reported ₦1,300 per kilogram price is not uniform across all outlets.

Checks in Lagos showed that some accredited gas outlets were selling a kilogram of LPG for about ₦1,300, while smaller plants were charging between ₦1,350 and ₦1,400, depending on their location.

Dealers also indicated that prices were higher in some other parts of the country.

The variation means that consumers buying the same quantity of cooking gas may face different prices depending on the supplier, location and prevailing cost of obtaining the product.

How International Costs Reach Nigerian Consumers

The increase in international and supply-chain costs does not stop at the depot. It can eventually be reflected in the price paid by consumers.

Edu explained that when the replacement cost of LPG rises at the depot, marketers cannot continue selling at the previous price without risking losses.

The cost of transporting the product, loading, financing, operating LPG plants, paying personnel, maintenance and other logistics must also be recovered before the gas reaches consumers.

As a result, changes in the cost of obtaining LPG can work their way through the supply chain from the depot to the gas plant and ultimately to households and businesses.

LPG Supply Constraints Add Pressure

Supply availability is another part of the current pricing picture.

Edu said the domestic market has experienced supply challenges alongside international price pressures. He cited a June 2026 report by the Nigeria Mid and Down Petroleum Regulatory Agency (NMDPRA) which indicated a year-to-date LPG supply deficit of about 91,966 metric tonnes.

The reported deficit points to supply constraints within the domestic market, although the supplied information does not establish that the deficit alone caused the latest retail price increase.

Edu also said depot prices can change frequently depending on product availability, the source of supply, location, logistics and the commercial arrangements between suppliers and buyers.

What Depot Prices Reveal About the LPG Market

Market information cited by Edu showed significant differences in the reported cost of 20 metric tonnes of LPG in Lagos as of September 16, 2026.

The reported range was approximately ₦20 million to ₦22.7 million, depending on the supplier and depot.

Specific market listings cited by Edu included about ₦22 million at Ardova, ₦22.7 million at Stockgap and approximately ₦20 million at Panocean.

Other market listings reportedly placed the price of 20MT between ₦19.9 million and ₦20.3 million.

The differences illustrate why retail LPG prices can vary from one location or outlet to another. Supplier pricing, depot arrangements, availability and logistics can all influence the eventual cost.

What Higher Cooking Gas Prices Mean for Households and Businesses

Cooking gas has become an important energy source for millions of Nigerian households and businesses.

Households depend on LPG for everyday cooking, while restaurants, bakeries, food vendors, schools, hotels and other businesses also use the fuel as part of their operations.

When the cost of LPG increases, consumers may have to allocate more of their household budgets to cooking fuel.

Businesses that rely heavily on gas also face higher operating costs because the fuel is part of the expense of preparing food and running daily operations.

Edu warned that prolonged unaffordability could lead some households to reduce their LPG consumption or return to alternatives such as firewood and charcoal.

Such a shift, he said, could undermine clean-cooking objectives and create environmental and public-health concerns.

What To Watch Next

The direction of cooking gas prices in Nigeria will depend on several factors highlighted in the current market picture.

These include LPG availability, depot prices, international energy-market conditions, shipping and insurance costs, foreign-exchange exposure and domestic transportation expenses.

Because depot prices can change according to supply conditions and commercial arrangements, the retail price paid by consumers may also vary between locations and suppliers.

The available information does not establish a fixed future price for LPG. Instead, the factors currently affecting the market provide the key areas to watch as consumers and businesses assess their fuel costs.

Frequently Asked Questions

What is the current cooking gas price in Lagos?

Cooking gas was reported to be selling for about ₦1,300 per kilogram in Lagos as of the period covered by the report, although some smaller plants were charging between ₦1,350 and ₦1,400 per kilogram.

Why has cooking gas increased to ₦1,300 per kilogram?

The reported increase has been attributed to multiple factors, including international energy-market volatility, shipping and insurance costs, foreign-exchange exposure, domestic logistics and LPG supply availability.

Why do LPG prices differ between gas plants?

Prices can vary because of differences in product availability, supplier and depot pricing, location, transportation costs, logistics and commercial arrangements.

How much does 20MT of LPG cost in Lagos?

Market information cited as of September 16, 2026, placed the price of 20 metric tonnes of LPG at approximately ₦20 million to ₦22.7 million, depending on the supplier and depot.

Who is affected by higher cooking gas prices?

Households are directly affected because LPG is used for cooking. Businesses including restaurants, bakeries, food vendors, schools and hotels can also face higher operating costs when LPG prices rise.

Conclusion

The latest increase in cooking gas prices in Lagos reflects a combination of international energy-market pressures, domestic supply conditions and costs accumulated across the LPG supply chain.

With prices varying between outlets and reported depot prices also differing among suppliers, consumers may continue to encounter different LPG prices depending on where they buy.

For households and businesses that depend on LPG, the key issue will be how supply availability, depot costs, logistics and international market conditions develop in the coming period.