Cooking gas (LPG) prices in Nigeria have risen sharply in March 2026, marking a significant shift after a relatively stable start to the year.
Newsonspot reports that the average retail price of LPG now stands at ₦1,400 per kilogram, representing an increase of nearly 40%, largely driven by global supply disruptions linked to escalating tensions in the Middle East.
However, actual prices vary depending on location and point of purchase, with consumers in some regions paying significantly higher.
Current LPG Price Guide (March 24, 2026)
1kg Refill: ₦1,400 (₦1,450 – ₦1,550 in high-cost areas)
3kg Refill: ₦4,200 (₦4,350 – ₦4,800)
5kg Refill: ₦7,000 (₦7,500 – ₦8,200)
6kg Refill: ₦8,400 (₦8,700 – ₦9,500)
12.5kg Refill: ₦17,500 (₦18,500 – ₦20,000)
50kg Refill: ₦70,000 (₦74,000 – ₦78,000)
Regional Price Breakdown
Prices differ across regions due to logistics and supply access:
South-West (Lagos/Ogun State):
This region enjoys the lowest prices due to proximity to major import terminals. A 12.5kg cylinder typically sells between ₦15,000 – ₦16,800.
Northern Region (Kano/Kaduna/Abuja):
Higher transportation costs push prices up, with 12.5kg refills ranging from ₦18,000 – ₦19,500.
South-South & South-East:
Prices fall within the mid-range, averaging ₦16,500 – ₦18,000 for a 12.5kg cylinder.
What’s Driving the Price Increase?
Several key factors are behind the surge:
Global Conflict:
Rising tensions involving the US, Israel, and Iran have disrupted international shipping routes, increasing the cost of imported gas. Nigeria still relies on imports for about 60% of its LPG supply.
Depot Price Surge:
The ex-depot price for 20 metric tonnes jumped from ₦16 million to over ₦20 million within the first three weeks of March.
Local Supply Constraints:
Maintenance activities at the Dangote Refinery and other local facilities have temporarily reduced the availability of cheaper, locally produced gas.
Money-Saving Tip for Consumers
To cut costs, consumers are advised to purchase gas from registered gas plants instead of roadside retailers.
Gas plants typically sell at ₦100-₦200 less per kg, which can save up to ₦2,500 on a 12.5kg refill.
With prices still unstable, Nigerians are encouraged to monitor market trends and buy strategically as the situation evolves.
