{
  "id": 2854175,
  "title": "Cooking gas price update in Nigeria as crude climbs",
  "url": "https://urgent.news/2026/08/23/cooking-gas-price-update-in-nigeria-as-crude-climbs",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-23T19:21:06.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/08/23/cooking-gas-price-update-in-nigeria-as-crude-climbs/"
  },
  "original_language": "en",
  "account": "Recent crude oil price increases have caused a notable uptick in the cost of cooking gas in Nigeria, though the commodity has largely maintained stable pricing since July 2026. In the past two months, prices have seen a decline due to increased LPG imports and a price reduction from Dangote Refinery. Dangote Refinery and depots such as NavGas, 11 PLC, and Ranoil are now offering LPG at between N945 and N960 per kilogram, with A.Y.M. Shafa depot raising its price to N1,055 per kilogram. Retailers in Abuja and surrounding areas are selling LPG at a range of N1,250 to N1,450 per kilogram, while micro-retailers charge N1,500 per kilogram. The heightened price anxiety stemming from recent crude oil price surges to approximately $94 per barrel underscores the volatility of the petroleum market.",
  "summary": "Nigeria’s liquefied petroleum gas, LPG, popularly known as cooking gas, has remained fairly stable in price since July 2026 amid volatility in crude oil prices. DAILY POST reports that cooking gas prices in May and June 2026 rose to as high as N2,000 per kilogram from around N1,200 per kilogram across major cities in Nigeria, […] Cooking gas price update in Nigeria as crude climbs",
  "key_points": [
    "Cooking gas prices in Nigeria rise with crude oil prices",
    "LPG prices drop to N945-960/kg due to Dangote Refinery cuts",
    "Retailers sell LPG at N1,250-1,450/kg in Abuja area"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}