The Nigerian cooking gas market has taken another unexpected turn, with some major depots reducing their prices just 24 hours after a sharp increase sent LPG costs higher.

The price of liquefied petroleum gas, commonly known as cooking gas, has continued to fluctuate, creating uncertainty for households, retailers and businesses across the country.

On Tuesday, August 25, 2026, major LPG depots increased their prices by as much as 7.3 per cent, according to an earlier report by Legit.ng.

However, the market reversed course the following day as some depots slashed their prices by up to N70 per kilogramme.

The sudden movement has left retailers adjusting their pump prices, with some selling cooking gas for as much as N1,300 per kilogramme.

Depots release fresh cooking gas prices

Fresh industry data from PetroleumPriceNG on Thursday, August 27, 2026, showed mixed movements across major LPG depots, with some operators cutting their prices while others raised their rates.

Among the depots recording relatively higher prices, AYM Shafa was listed at N1,055 per kilo-gramme, while Matrix Warri sold at N1,050 per kilogramme.

Depots release fresh cooking gas prices

Fresh industry data from PetroleumPriceNG on Thursday, August 27, 2026, showed mixed movements across major LPG depots, with some operators cutting their prices while others raised their rates.

Among the depots recording relatively higher prices, AYM Shafa was listed at N1,055 per kilo-gramme, while Matrix Warri sold at N1,050 per kilogramme.
In contrast, NAVGAS and PPMC maintained prices below the N1,000-per-kilogramme threshold, with both listed at N985 per kilogramme.

The wide gap between depot and retail prices highlights the pressure facing consumers as dis-tributors factor in transportation, operating costs and other expenses before selling to households.

Retailers push Prices as high as N1,350

Following the latest depot adjustments, street retailers have also reviewed their prices.

Cooking gas is currently selling for between N1,300 and N1,350 per kilogramme in some retail lo-cations, meaning households could continue to experience significant differences depending on their location and supplier.

For families that rely heavily on LPG for cooking, even small movements in the price per kilo-gramme can translate into higher monthly household expenses.

Why cooking gas prices keep changing

Industry experts attribute the volatility to uncertainty in Nigeria's downstream petroleum market, combined with movements in international energy markets and geopolitical tensions, particularly in the Middle East.

Although LPG pricing is influenced by several factors, changes in international crude oil benchmarks, exchange rates, supply conditions, transportation costs and local market dynamics can all affect the final price paid by consumers.

The latest price swing therefore offers little certainty that the current reductions will last.