The price of refilling Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has shown significant fluctuations across Nigeria this week, with consumers facing varying costs of between ₦1,300 and ₦1,500 per kilogram. This inconsistency is attributed to a combination of seasonal demand, transportation challenges, and global market influences. EDITOR’S PICKS PDP Declares Ethiope East … Read more
Cooking gas prices in Nigeria have reached a four-month low, falling below N900/kg due to government removals of VAT and import duties, stable forex rates, and nationwide distribution of free LPG cylinders. EKO HOT BLOG reports that a recent survey has revealed that the average price of cooking gas in Nigeria has dropped to its lowest … Read more
Current Cooking Gas Prices This Week Across Nigeria. LPG is preferred for its environmental benefits, health advantages, efficiency, safety, and contribution to reducing deforestation. The cost of cooking gas varies by cylinder size, with minimal regional price differences, typically ranging from ₦1,000 for 1kg to ₦50,000 for 50kg. EKO HOT BLOG reports that in Nigeria, the … Read more
Eko Hot Blog reports that the Federal Government’s ban on Liquefied Petroleum Gas (LPG) exports has caused the price of cooking gas to drop from approximately N1,500 per kilogram to around N900/kg, according to LPG dealers on Wednesday. Cooking gas dealers under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers disclosed this … Read more
Gas prices have dropped significantly. Improved supplies and forex availability attributed to the price reduction. Nigerian government’s removal of VAT on LPG also contributed to the decrease. EKO HOT BLOG reports that a recent report highlights a significant drop in the price of liquefied petroleum gas (LPG), commonly known as cooking gas. According to a market survey … Read more
Cooking gas price in Nigeria have surged by 38% Year over Year. The increase is attributed to the foreign exchange crisis impacting the market. Government officials are engaging with stakeholders to stabilize domestic prices. Eko Hot Blog reports the cooking gas price for a 12.5 kg cylinder has risen to N14,150, about 38 percent Year … Read more
EKO HOT BLOG reports that the Nigerian Federal Government has begun efforts to address the challenges related to the supply and pricing of Liquefied Petroleum Gas (LPG), commonly used as cooking gas, following significant price increases. Louis Ibah, the spokesperson for the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, reported that the minister intervened … Read more
EKO HOT BLOG reports that according to Kolawole Ogunwemimo, a Mechanical Engineer in Ogun State, there is a recent trend in Nigeria where people are using Liquefied Petroleum Gas (LPG) to power generator sets instead of traditional petrol (PMS). This shift was prompted by the removal of fuel subsidies, leading to a significant increase in … Read more
Eko Hot Blog reports that the Lagos State Government has advocated the safe conversion of petrol for domestic use in the wake of the subsidy removal leading to the increase in the price of petrol in the state and country at large. The government made the advocacy through a statement issued by the Director-General of … Read more
The Society of Petroleum Engineers (SPE), Lagos, recently celebrated its 50th anniversary. The association used the occasion to discuss the importance of oil and gas to Lagos government’s plan to build a profitable and resilient energy future. The energy commissioner attended the event, saying the state is close to the actualisation of the plan. Eko … Read more
Kwara, Cross River, Oyo, and some other states paid the highest prices for cooking gas in October 2022, according to the NBS. Eko Hot Blog reports that the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 0.21% on a month-on-month basis from N4,474.48 recorded in September 2022 … Read more