Rising food prices weaken Nigeria’s disinflation gains
Nigeria’s headline inflation eased consecutively in July, but a sharp acceleration in food prices is complicating the country’s disinflation story read more Rising food prices weaken Nigeria’s disinflation gains
Liquefied petroleum gas, commonly referred to as cooking gas in Nigeria, is anticipated to experience a price drop across the country following the recent adjustments by Dangote Refinery, marketers, and depot owners. According to a survey conducted by DAILY POST, Dangote Refinery lowered its LPG gantry price by N30, bringing it down to N950 per kilogram.
Promptly responding to Dangote's price reduction, depot owners and marketers promptly followed suit, decreasing their ex-depot cooking gas prices by N15 to N30 per kilogram. The price cuts by depot owners encompassed a range of N15 to N30 per kilogram.
DAILY POST further reports that at filling stations run by Ranoil, the Nigerian National Petroleum Company (NNPC), and Shafa, the retail price of cooking gas varies between N1,300 and N1,450 per kilogram. Additionally, other LPG retailers in Abuja and its surrounding areas are charging N1,500 per kilogram for cooking gas, a price that has remained constant since July 2026.
It's worth noting that LPG imports to Nigeria surged by 1,400 percent in June, as per data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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