Latest Update on Price of Refilling Cooking Gas (LPG) in Nigeria 1 April 2024

Cooking gas, also known as liquefied petroleum gas (LPG), stands as a pivotal energy source for countless Nigerian households. With its efficiency, cleanliness, and ease of use, it has become a preferred option over traditional fuels like firewood, charcoal, or kerosene. Understanding the fluctuations in the price of cooking gas is crucial for households managing their budgets and planning their energy usage efficiently.

Current Price Trends

As of April 1, 2024, the price of refilling cooking gas in Nigeria stands at an average of ₦1,000 per kg. This means that for a typical 12.5kg gas cylinder refill, consumers are looking at an expenditure of around ₦12,500. However, it’s important to note that this average price is subject to variation based on several factors.

Factors Influencing Price Fluctuations

The price of cooking gas in Nigeria is influenced by various factors, including:

Demand and Supply Dynamics:

• The ebb and flow of demand and supply play a significant role in price fluctuations. During the rainy season, when people tend to cook indoors more frequently, demand may surge, while supply faces challenges due to transportation issues. Conversely, the dry season may see a decrease in demand as alternative fuels are utilized, coupled with increased supply due to better transportation conditions.

Location Specifics:

• Location also plays a crucial role in determining prices. Urban areas typically boast more competitive pricing due to the higher density of filling stations and increased competition. On the contrary, rural areas often face higher prices due to fewer filling stations and elevated transportation costs.

Quality Considerations:

• The quality of cooking gas can impact its price. Consumers should be wary of adulterated or substandard gas, as these may not only lead to shorter usage periods but also pose safety hazards. Opting for certified and reputable filling stations ensures the purchase of genuine and high-quality cooking gas.

READ ALSO: Latest News on Price of 50kg Bag of Cement in Nigeria – May 4th, 2024

Price Breakdown

For a comprehensive understanding of the price breakdown, here’s a detailed look at the current rates for refilling cooking gas per kg in Nigeria as of March 30, 2024:

Cylinder Size (kg)	Current Price (₦)
1	₦1,300
2	₦2,600
3	₦3,900
5	₦6,500
6	₦7,800
10	₦13,000
12	₦15,600
12.5	₦16,250
50	₦65,000

Duration of Gas Usage

The longevity of cooking gas usage in Nigeria hinges on several factors, including cylinder size, frequency of usage, type of stove, and cooking habits. Here’s an estimated breakdown of the average duration in hours that a given kg of cooking gas lasts, based on typical usage scenarios:

Cylinder Size (kg)	Average Time (hours)
1	8
2	16
3	24
5	40
6	48
10	80
12	96
12.5	100
50	400

Benefits of Cooking Gas Usage

Cooking gas offers a myriad of benefits for both users and the environment, including:

Cost-Effectiveness:

• Compared to alternative fuels like kerosene, firewood, or charcoal, cooking gas proves to be more economical. Its longer lifespan and lower consumption make it a cost-effective option for households across Nigeria.

Cleanliness:

• Unlike traditional fuels, cooking gas produces minimal smoke, soot, or ash, reducing air pollution and keeping kitchens cleaner. This contributes to improved indoor air quality and a healthier living environment.

Convenience:

• Cooking gas is easy to use, control, and store, offering unparalleled convenience for users. Its quick ignition and adjustable flame make cooking tasks efficient and hassle-free.

RELATED: Latest News on Price of 50kg Bag of Cement in Nigeria – May 4th, 2024

Challenges of Cooking Gas Usage

Despite its numerous advantages, cooking gas usage in Nigeria isn’t without challenges, including:

Availability Issues:

• In many parts of the country, especially rural areas, access to cooking gas remains limited due to inadequate infrastructure and distribution networks. This disparity in availability can hinder widespread adoption.

Safety Concerns:

• Mishandling of cooking gas can lead to safety hazards such as leaks, spills, or explosions. It’s imperative for users to adhere to safety protocols and guidelines to mitigate risks and ensure safe usage.

Awareness and Perception:

• Limited awareness and misconceptions surrounding cooking gas may deter its adoption among certain demographics. Educating the public about its benefits and safety features is crucial for fostering acceptance and usage.

Conclusion

Navigating the dynamic landscape of cooking gas prices in Nigeria requires a comprehensive understanding of the factors at play. By staying informed about current trends, consumers can make informed decisions to optimize their energy usage and expenditure.

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