See the new prices for 3kg. 6kg and 12.5kg cooking gas

• Cooking state prices person reduced further successful Lagos, Abuja and Port Harcourt arsenic the import argumentation of the Nigerian authorities takes effect
• Investigations amusement that the commodity’s dealers sold the merchandise astatine N930 and N1,050 per kilogramme, depending connected the locations
• The Nigerian authorities announced the removal of VAT and import duties from the products, which marketers accidental was liable for the terms drop

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

The terms of liquified petroleum state (LPG), besides known arsenic cooking gas, has changed dramatically, with dealers present selling the merchandise astatine caller prices.

Legit.ng checks amusement that dealers successful parts of Lagos, Abuja, and Port Harcourt present merchantability 1kg of cooking state for little than N1,100.

New cooking state terms emerges successful Lagos, Abuja, and Port Harcourt. Credit: Novatis
Source: Getty Images

Cooking state terms stabilises

Specifically, the product’s terms has reduced somewhat pursuing the Nigerian government's removal of Value Added Tax (VAT) and Customs duty.

Though dealers disclosed that they inactive person challenges importing the merchandise owed to precocious overseas exchange, the terms of the merchandise has remained comparatively unchangeable successful the past fewer weeks of April.

A previous report by Legit.ng shows that arsenic of April 7, 2025, cooking state was sold for betwixt N950 and N1,300 per 1kg, depending connected the location.

Cooking gas: New terms emerges

However, caller findings bespeak a drastic simplification to astir N930 and N1,050 per kilogramme astatine immoderate locations.

Gasland, a renowned cooking state marketer, sold the merchandise astatine little than N1,100 arsenic of Sunday, April 27, 2025.

A manager astatine the company’s Iju-Ishaga plant, who craved anonymity, disclosed that VAT and import work removals person eased imports, starring to a driblet successful prices.

Cooking gas: Dealers springiness reasons for terms drop

He stated that the lone situation is overseas speech volatility, arsenic the naira continues to acquisition fluctuations.

“Apart from FX volatility, galore hurdles successful importing the merchandise person been removed. That accounts for wherefore we look less issues importing LPG. 

Many marketers person challenges sourcing FX astatine affordable rates. That is wherefore the merchandise inactive sells supra N1,000 per 1kg. Otherwise, we should beryllium looking astatine N850 to N950 per kilogramme,” helium said.

FG announces caller measures for cooking state imports

In December 2024, the Nigerian government, via the Nigeria Customs Service, disclosed that importing liquified earthy state oregon cooking state nether HS Codes 2711.12.00.00 and 2711.19.00.00 is now exempt from import work and value-added taxation (VAT). 

The improvement comes arsenic the Nigeria Customs Service said that each debit notes fixed to petroleum marketers who imported cooking state utilizing the codes from August 26, 2019, volition beryllium withdrawn successful enactment with erstwhile approvals. 

The Customs disclosed this successful a connection connected Wednesday, December 18, 2024, signed by its nationalist national relations officer, Abdullahi Maiwada.

Nigerians are blessed arsenic cooking state prices driblet further. Credit: NurPhoto/contributor
Source: Getty Images

Maiwada noted that successful enactment with President Bola Tinubu’s committedness to boost Nigeria’s concern successful cleanable energy and summation home state use, the Customs volition instrumentality fiscal incentives nether the Presidential Gas for Growth Initiative.

Dealers denote caller cooking state price

Legit.ng earlier reported that the Nigeria Bureau of Statistics (NBS) reported that betwixt December 2023 and December 2024, the mean terms of Liquefied Petroleum Gas (LPG), besides referred to arsenic cooking gas, accrued by 44.62%.

Refilling a 5 kg cylinder outgo an mean of N7,177.27 successful December 2024, arsenic opposed to N4,962.87 successful December 2023, according to the NBS Liquefied Petroleum Gas Price Watch.

The terms accrued by 1.26% each period from N7,088.16 successful November 2024.

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Source: Legit.ng