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Cooking Gas Prices Crash, Dealers Release New Cost To Refill 1kg To 50kg - Politics - Nairaland 2g2r2j

Cooking Gas Prices Crash, Dealers Release New Cost To Refill 1kg To 50kg (4816 Views)

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AmazingGenius: 8:21pm On Mar 15
The price of liquefied natural gas (LPG), also known as cooking gas, has once again been reduced, according to a market survey by Legit.ng.

Nigerians have also taken to social media to share the new prices at which dealers are selling cooking gas, expressing a sigh of relief.

New data showed that 1kg of cooking gas prices which was previously sold at N1,500/kg in some retail outlets in Ogun and Lagos states now sells for N900.

New data showed that 1kg of cooking gas prices which was previously sold at N1,500/kg in some retail outlets in Ogun and Lagos states now sells for N900.


Punch in October reported that the average price for refilling a 12.5kg cooking gas cylinder was N17,000, a new price check showed it has now dropped N13,750.

During a market survey, some dealers who spoke to Legit.ng on Friday, March 14 confirmed the new prices.

Kunle Ajami, a manager of a cooking gas plant in Lagos said that the price adjustment started a month ago.

"There is a massive drop compared to what people were paying last year. We, cooking gas retailers, sell based on how we buy from marketers. If the price is high, we adjust."

Cooking gas prices are even cheaper in Kaduna


In a Facebook post by Inside Kaduna, it was also revealed that the price of 1kg has dropped to N950.

The post reads: 'Happy to share that the price of cooking gas has dropped from N1,400 to N950… Make e drop reach N300 abeg. Make everything continue to dey drop."

He also shared a snapshot of the latest cooking gas price in Kaduna sold by Eegoja Oil and Gas.

1kg - N950

2kg - N1,900

3kg - N2,900

4kg - N3,800

5kg - N4,800

6kg - N5,700

7kg - N6,700

8kg - N7,600

9kg - N8,600


10kg - N9,500

11kg - N10,600

12kg - N11,600

12.5kg - N12,000

15kg - N14,500

20kg - N19,500

25kg - N24,300

30kg - N29,500

40kg - N40,000

50kg - N48,000

FG moves to fix cooking gas prices


In a related development, the federal government has announced a move to adopt a new pricing formula for cooking gas in Nigeria.

The Minister of State For Petroleum Resources (Gas) Ekperikpe Ekpo, disclosed this in a recent two-day LPG Expo in Lagos.

According to Ekpo, the government is implementing targeted policy interventions to accelerate LPG adoption by removing hassles hindering investment in the industry.

Source: https://www.mynigeria.com/NigeriaHomePage/business/Cooking-gas-prices-crash-dealers-release-new-cost-to-refill-1kg-to-50kg-746761

3 Likes

Moroccoguy: 8:24pm On Mar 15
Surely we will get there

2 Likes 1 Share

treesun: 8:25pm On Mar 15
Pleas stop this lies 12.5kg is #14000 in my area!

11 Likes

seunowa(f): 8:32pm On Mar 15
Here is #1000 per kg

6 Likes

nedu666: 8:34pm On Mar 15
Oga what does it profit a man to lie online and pay a higher price in the market

22 Likes

Yujiz(m): 8:39pm On Mar 15
Its actually true as i bought at 1,100/kg today

4 Likes

Tooreda: 8:40pm On Mar 15
APC is here to steal, kill and destroy.

19 Likes

AustineE1: 8:51pm On Mar 15
The same 1kg of gas i bought at #350 even during the incompetent and failed regime of Buhari,that you want me to be celebrating #900 per 1kg at this time. The FG has successfully deployed the full weight of its propaganda machine to portray a picture of economic success while on ground the reverse is the case....this time around the masses has completely been economically strangulated,waiting to see if there is any palliative to hang on to...that's how bad the situation is.

25 Likes 2 Shares

specialmati(m): 8:53pm On Mar 15
grin grin grin grin cheesy cheesy grin grin grin grin jagabandit is working so hard to bring it down to 100 the promised price according to agbero union nairaland branch

12 Likes

DMCY: 9:07pm On Mar 15
quote]

I when I use to sell gas for Makosah back then on Adenike street, 50kg was like 12k then. Inflation has really eaten deep into the economy of this great country.

10 Likes 2 Shares

fortunez1(m): 9:14pm On Mar 15
Just bought 8kg+ for 10k 5 in Eneka Rivers State , that's 1150k/Kg

1 Like

DemonSlayer: 9:22pm On Mar 15
That's a welcome development, may it continue on that trend.

Meanwhile, what's responsible for the drop, do you know?

1 Like

kabillion(m): 9:23pm On Mar 15
Ipobidients the chronic enemies of Nigeria will die in pain with all these good new rushing in unabated.

God ipobidients both home and abroad. Peter Obi will laboured in vain and will never be president.

4 Likes 3 Shares

kabillion(m): 9:24pm On Mar 15
Tooreda:
APC is here to steal, kill and destroy.

LP can never make it to the presidency

4 Likes 2 Shares

kabillion(m): 9:25pm On Mar 15
DemonSlayer:
That's a welcome development, may it continue on that trend.

Meanwhile, what's responsible for the drop, do you know?

Go n find out. Take it upon yourself

1 Like 1 Share

jmoore(m): 9:30pm On Mar 15
Check this thread where people complained about gas prices in 2022.

https://nairaland.unblockandhide.com/7197920/how-much-cooking-gas-being#114178458

1 Like

Jokerman(m): 10:25pm On Mar 15
kabillion:
Ipobidients the chronic enemies of Nigeria will die in pain with all these good new rushing in unabated.

God ipobidients both home and abroad. Peter Obi will laboured in vain and will never be president.

Tinubu met gas price at home much??

1 Like

kabillion(m): 10:34pm On Mar 15
Jokerman:


Tinubu met gas price at home much??

Southwest,

South South and

North are not used to stagnation. Life itself is full of ups and downs.

Ipobidients are a very sad group

6 Likes 1 Share

Ikaeniyan0: 11:01pm On Mar 15
I paid #13,500 for 12.5kg today
floss(m): 11:03pm On Mar 15
Hmmm
Agbegbaorogboye: 12:34am On Mar 16
From 250 in 2015

Zombies will not end well

1 Like

Englishisamust: 2:25am On Mar 16
treesun:
Pleas stop this lies 12.5kg is #14000 in my area!

Dem dey scam u. grin grin. No use your mouth talk abi na government go help u do that one

1 Like 1 Share

kabillion(m): 4:18am On Mar 16
Jokerman:


Tinubu met gas price at home much??

Use Google

1 Like 1 Share

AfahaAbia(m): 5:08am On Mar 16
It's very true. In Portharcourt a KG of gas is presently now 1,100 naira compared to in January when it was 1500 naira.

1 Like 1 Share

ivandragon: 6:44am On Mar 16
I don't understand how people would want to be praised for being incompetent.

Apc met cooking gas at N250 per kg in 2015 took it to N1,500 per kg in 2024.

Now it has dropped to N1000 per kg and they are beating thier chests and calling those who point our thier incompetence haters...

When cooking gas drops to N500 per kg, only then can the apc government seek accolades from the masses.

1 Like

id4sho(m): 6:54am On Mar 16
Thieves in Jos selling 1300

2 Likes

Typing: 6:59am On Mar 16
Moroccoguy:
Surely we will get there

Get where?

Tinubu's people and lies are like 5 & 6

Sholadvem247(f): 7:04am On Mar 16
We are still hoping for further price reduction
Ulunne777(f): 7:21am On Mar 16
Dec 2014,gas was #250 per kg in a 'failed regime'

My Allawee was #19800 yet it could buy 2 bags of rice and 1 cylinder of gas ,quality gas that lasted us for 2months plus.Ialso got 2 crates of eggs and Sardines .

3 months later,APC took over and the downward spiral began.

At 77k Allawee,a Corp member won't be able to buy a bag of rice,nothing let alone the 33k they are receiving.
And Tinubu Media Crew has the temerity to threaten a Corp member who spoke up on her realities .
Tinubu" you are a terrible president" grin
You have removed the money guzzler ' Fuel Subsidy,Electricity Subsidy,increased Vat and bank taxes.Show us the impact.

Anybody who comes here to celebrate any slightest form of reduction is not mentally sound.

3 Likes

Commentor: 7:22am On Mar 16
AustineE1:
The same 1kg of gas i bought at #350 even during the incompetent and failed regime of Buhari,that you want me to be celebrating #900 per 1kg at this time. The FG has successfully deployed the full weight of its propaganda machine to portray a picture of economic success while on ground the reverse is the case....this time around the masses has completely been economically strangulated,waiting to see if there is any palliative to hang on to...that's how bad the situation is.

How much was your salary?
tungamaje: 9:40am On Mar 16
Stop the lies, yesterday I bought at 1150 a kg

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