NewStats: 3,261,611 , 8,174,505 topics. Date: Thursday, 29 May 2025 at 06:54 PM 6b1632

Cooking gas dealers have crashed the price of the product further following improved supply and forex availability The dealers said the price of refilling 12.5kg of cooking gas crashed from N14,000 to about N10,000. Findings show that the crash also comes following the relative gain of the naira against the US dollar.

Findings by Legit.ng show that dealers of liquified petroleum gas (LPG), also known as cooking gas, have crashed the commodity's price following supply improvements. According to a market survey conducted by Legit.ng, the dealers have crashed the product's price to N900 per kilogramme from the N1,300 it sold weeks ago. LPG dealers report improvements in supplies The dealers reported improvements in supplies from various depots, saying that the price also crashed due to the relative availability of foreign exchange for import.

A manager at Gasland depot in the Iju-Ishaga area of Lagos, who pleaded anonymity, revealed that the price crash also followed the Nigerian government's removal of value-added tax (VAT) from the product. "We are witnessing supply improvements, and more marketers can access the products. Also, we have noticed an improvement in forex availability for importers to bring in the product." He stated that the deport sold the product at N1,300 per kilogramme two weeks ago but crashed the price to N900. He revealed that 12.5kg sells for about N10,000 from the N14,300 it sold two weeks prior.

Recent data from the National Bureau of Statistics (NBS) disclosed that the price of 12.5kg of LPG increased by 46.88% in one year. The NBS revealed this in its annual LPG price watch report for February. The NBS said the price of refilling 12.5kg of cooking gas increased to N15,060.38, compared to N10,253.39 in the month under review. The report said the average price for refilling a 12.5kg cooking gas cylinder rose by 28.33% in one month, from N11.735.72 in January 2024 to N15,060.38 in February 2024, TheCable reported. The report said: The bureau said that "on a year-on-year basis, this rose by 46.88% from N10,253.39 in February 2023." "On state profile analysis, Ogun recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N16,375.00, followed by Delta with N16,333.33 and Edo with N16,321.43.

Bauchi recorded the lowest average price, N13,167.50, followed by Katsina and Yobe, with N13,562.50 and N13,610.00, respectively." Cooking gas demand declines Legit.ng also reported that the demand for cooking gas recorded a decline amid increasing living expenses. This development comes as numerous efforts by the federal government to enhance supply and encourage domestic usage failed. The Nigerian Bureau of Statistics recently released data indicating a rise in the inflation rate from 28.92% in December 2023 to 29.90% in January 2024. PAY ATTENTION: Stay Informed and follow us on Google News!

: https://www.legit.ng/business-economy/energy/1590887-cooking-gas-dealers-announce-prices-supply-improves-sell-1kg-price/

It is well with Nigerians in this suffering period.

okoo

I bought at the rate of 1250 per kg yesterday.


I don't know the crashing you are talking about here

How much was it before Tinubulation took over from Buhari?

COMRADES, have you confirmed the authenticity of this news/source? Hope it is not a propaganda as usual

Let's hear from those who refilled their cylinders recently.

Lies...I just bought one now and the price for 12.5kg here in Abuja at Nipco gas station kubwa is #13,250 against what I read on the news outlets last week.

Government of propaganda.... Una all go hear am...

ibechris:
Lies...I just bought one now and the price for 12.5kg here in Abuja at Nipco gas station kubwa is #13,250 against what I read on the news outlets last week.

N17,000 in Lagos since February.

Tinubu should return the gas back to #550 per Kg that Buhari left it....

Awon oloshi gbogbo,aye yin ma baje ni.

1050 today in aba

Melagros:
COMRADES, have you confirmed the authenticity of this news/source? Hope it is not a propaganda as usual

It's propaganda. Can't you see the op is one of the regular agbad0 squad here?

Its fake news and propaganda . . . Sorry 😞

Legit is a propaganda machine for Tinubu.
There is no crash.

Nyouth:
1050 today in aba

Which Aba?

Paraman:
Cooking gas dealers have crashed the price of the product further following improved supply

: https://www.legit.ng/business-economy/energy/1590887-cooking-gas-dealers-announce-prices-supply-improves-sell-1kg-price/

This one na die hard child of corn. , legit.ng and the Nation na their Lies and propaganda machinery.

No such thing happened. Gas is still 17k/13.5KG in PH here as of today.

garriAndsugar:
I bought at the rate of 1250 per kg yesterday.


I don't know the crashing you are talking about here

I bought N1150 just few days ago. It's actually going down

jamesharryson:


Which Aba?

ikot ekpene Road Ogborhill Aba

Audio crashing. When will the suffering of Nigerians in this country end

Paraman:
Cooking gas dealers have crashed the price of the product further following improved supply and forex availability The dealers said the price of refilling 12.5kg of cooking gas crashed from N14,000 to about N10,000. Findings show that the crash also comes following the relative gain of the naira against the US dollar.

Findings by Legit.ng show that dealers of liquified petroleum gas (LPG), also known as cooking gas, have crashed the commodity's price following supply improvements. According to a market survey conducted by Legit.ng, the dealers have crashed the product's price to N900 per kilogramme from the N1,300 it sold weeks ago. LPG dealers report improvements in supplies The dealers reported improvements in supplies from various depots, saying that the price also crashed due to the relative availability of foreign exchange for import.

A manager at Gasland depot in the Iju-Ishaga area of Lagos, who pleaded anonymity, revealed that the price crash also followed the Nigerian government's removal of value-added tax (VAT) from the product. "We are witnessing supply improvements, and more marketers can access the products. Also, we have noticed an improvement in forex availability for importers to bring in the product." He stated that the deport sold the product at N1,300 per kilogramme two weeks ago but crashed the price to N900. He revealed that 12.5kg sells for about N10,000 from the N14,300 it sold two weeks prior.

Recent data from the National Bureau of Statistics (NBS) disclosed that the price of 12.5kg of LPG increased by 46.88% in one year. The NBS revealed this in its annual LPG price watch report for February. The NBS said the price of refilling 12.5kg of cooking gas increased to N15,060.38, compared to N10,253.39 in the month under review. The report said the average price for refilling a 12.5kg cooking gas cylinder rose by 28.33% in one month, from N11.735.72 in January 2024 to N15,060.38 in February 2024, TheCable reported. The report said: The bureau said that "on a year-on-year basis, this rose by 46.88% from N10,253.39 in February 2023." "On state profile analysis, Ogun recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N16,375.00, followed by Delta with N16,333.33 and Edo with N16,321.43.

Bauchi recorded the lowest average price, N13,167.50, followed by Katsina and Yobe, with N13,562.50 and N13,610.00, respectively." Cooking gas demand declines Legit.ng also reported that the demand for cooking gas recorded a decline amid increasing living expenses. This development comes as numerous efforts by the federal government to enhance supply and encourage domestic usage failed. The Nigerian Bureau of Statistics recently released data indicating a rise in the inflation rate from 28.92% in December 2023 to 29.90% in January 2024. PAY ATTENTION: Stay Informed and follow us on Google News!

: https://www.legit.ng/business-economy/energy/1590887-cooking-gas-dealers-announce-prices-supply-improves-sell-1kg-price/

Crash what!!!!

How much was it before 2015?

Clowns.

You guys are shameless. Your god and his cohorts led a protest against ₦216 to $1 and ₦87/litre of PMS. Now you are rejoicing over ₦1400 to $1 and ₦750/litre of PMS.

Shebi GEJ was ineffective and yet his tenure was 1,000,000 better than from May 29, 2015 till date.

Im-p-s.

Scou-ndrels!!!

Shamelessness at its finest.

This APC regime is very funny. They met gas at N150 per kg in 2015. Within the twinkle of an eye, they skyrocket it to N680 per kg. Not satisfied, they hyked it to N860 per kg over night. Still not satisfied, they raised it to N1,300 per kg, thereby inflicting unimaginable pain and hardship on Nigerians. Yet they have the audacity to open their gutter mouth to claim gas price has crash. Something that was taken for granted in the golden era of PDP in 2015 You call N20 reduction crash, and want us to celebrate it

I believe urchinns are being given special treatment in the sale of gas.
APC is the worst thing that ever happened to Nigeria since independence.

Elusive001:



Crash what!!!!

How much was it before 2015?

Clowns.

Shebi GEJ was ineffective and yet his tenure was 1,000,000 better than from May 29, 2015 till date.

Im-p-s.

Shamelessness at its finest.

Don't mind these urchinns. They're are not called zombies for nothing.

APC propaganda, you can smell them thousands of miles away

Do we also import gas?

Ones I see news blog from legit.ng

It smells of lies

I refilled 950 per kg in owerri, imo state today.

God bless Tinubu

Crash?

All this bateria people trying to gaslight the masses that a price that is 10 times what was obtainable in 2014 is a crashed price.

Abeg take this bottle ti cure the BATeria in your system

Paraman:
Cooking gas dealers have crashed the price of the product further following improved supply and forex availability The dealers said the price of refilling 12.5kg of cooking gas crashed from N14,000 to about N10,000. Findings show that the crash also comes following the relative gain of the naira against the US dollar.

Findings by Legit.ng show that dealers of liquified petroleum gas (LPG), also known as cooking gas, have crashed the commodity's price following supply improvements. According to a market survey conducted by Legit.ng, the dealers have crashed the product's price to N900 per kilogramme from the N1,300 it sold weeks ago. LPG dealers report improvements in supplies The dealers reported improvements in supplies from various depots, saying that the price also crashed due to the relative availability of foreign exchange for import.

A manager at Gasland depot in the Iju-Ishaga area of Lagos, who pleaded anonymity, revealed that the price crash also followed the Nigerian government's removal of value-added tax (VAT) from the product. "We are witnessing supply improvements, and more marketers can access the products. Also, we have noticed an improvement in forex availability for importers to bring in the product." He stated that the deport sold the product at N1,300 per kilogramme two weeks ago but crashed the price to N900. He revealed that 12.5kg sells for about N10,000 from the N14,300 it sold two weeks prior.

Recent data from the National Bureau of Statistics (NBS) disclosed that the price of 12.5kg of LPG increased by 46.88% in one year. The NBS revealed this in its annual LPG price watch report for February. The NBS said the price of refilling 12.5kg of cooking gas increased to N15,060.38, compared to N10,253.39 in the month under review. The report said the average price for refilling a 12.5kg cooking gas cylinder rose by 28.33% in one month, from N11.735.72 in January 2024 to N15,060.38 in February 2024, TheCable reported. The report said: The bureau said that "on a year-on-year basis, this rose by 46.88% from N10,253.39 in February 2023." "On state profile analysis, Ogun recorded the highest average retail price for the refilling of a 12.5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) with N16,375.00, followed by Delta with N16,333.33 and Edo with N16,321.43.

Bauchi recorded the lowest average price, N13,167.50, followed by Katsina and Yobe, with N13,562.50 and N13,610.00, respectively." Cooking gas demand declines Legit.ng also reported that the demand for cooking gas recorded a decline amid increasing living expenses. This development comes as numerous efforts by the federal government to enhance supply and encourage domestic usage failed. The Nigerian Bureau of Statistics recently released data indicating a rise in the inflation rate from 28.92% in December 2023 to 29.90% in January 2024. PAY ATTENTION: Stay Informed and follow us on Google News!

: https://www.legit.ng/business-economy/energy/1590887-cooking-gas-dealers-announce-prices-supply-improves-sell-1kg-price/

Government of propaganda.... Una all go hear am...

I bought 200 per kg yesterday

Let us use propaganda and reduce the cost

Do you fools know the meaning of crash??

Gas price indeed is coming down but I don't think it worth celebrating yet.

Is there any increase in minimum wage yet?
Aren't we been taxed more heavily yet?
Don't know what people are celebrating in this wicked government!