The retail prices of Liquefied Petroleum Gas, popularly known as cooking gas, has began to drop acorss Nigeria following improved product supply and softer depot prices.
Punch reports that the latest market update from gas marketers showed that retail LPG prices have started easing in major cities after weeks of elevated prices.
The reductions have however not been uniform, because of varying transportation costs, distance from supply depots and retailer margins.
Checks by marketers indicated that cooking gas is now selling for between N1,100 and N1,350 per kilogramme in Lagos, Ibadan and Abeokuta, while consumers in Benin City, Port Harcourt and Warri are paying between N1,150 and N1,400/kg.
In Onitsha and Enugu, retail prices range from N1,200 to N1,450/kg, while consumers in Abuja pay between N1,250 and N1,500/kg.
