Marketers has just released its latest 2026 cooking gas rates, offering a transparent snapshot of how LPG and CNG prices are moving across Nigeria’s major depots. The new figures, which also include updated diesel and petrol numbers, give households, small‑scale traders and larger enterprises a reliable reference point for budgeting energy costs in the coming months. Why the latest cooking gas rates matter for Nigerians Energy costs sit at the heart of everyday life in Nigeria. From family meals prepared on LPG stoves to transport fleets that rely on CNG, price fluctuations directly affect disposable income and business margins. By publishing city‑wise cooking gas rates, Marketers helps consumers avoid surprise price hikes and enables retailers to set competitive yet fair prices. In 2026, the Nigerian government continues to encourage the shift from traditional firewood to cleaner fuels like LPG and CNG, citing health benefits and reduced deforestation. Accurate market data therefore supports policy goals while giving the private sector the confidence to invest in distribution networks. Current 2026 cooking gas and CNG depot rates Marketers’ latest bulletin lists the following depot rates for LPG (cooking gas) and CNG as of early November 2026: Lagos: LPG at ₦2,850 per 12‑kg cylinder; CNG at ₦1,980 per kilogram. Abuja: LPG at ₦2,720 per 12‑kg cylinder; CNG at ₦1,910 per kilogram. Port Harcourt: LPG at ₦2,950 per 12‑kg cylinder; CNG at ₦2,050 per kilogram. Kaduna: LPG at ₦2,680 per 12‑kg cylinder; CNG at ₦1,880 per kilogram. These figures reflect a modest rise from the previous quarter, driven mainly by higher import duties on LPG and tighter supply chains for CNG. However, the increase is still lower than the double‑digit spikes seen in 2023‑2024, signalling a stabilising market. Comparison with other African markets While Nigeria remains the continent’s largest LPG consumer, neighbouring Ghana and Kenya have reported slightly lower per‑cylinder costs, largely because of smaller import volumes and lower taxes. In Ghana, a 12‑kg LPG cylinder fetched about ₦2,600 in November 2026, whereas Kenya’s price hovered around ₦2,500. South Africa, on the other hand, continues to price LPG higher due to domestic production costs, with a typical 12‑kg cylinder costing roughly ₦3,200. These regional differences matter for cross‑border traders and for Nigerians who travel or work in other African countries. Understanding the price landscape helps businesses decide whether to source LPG locally or import from nearby markets. Key factors shaping the 2026 cooking gas market Import tariffs: The Federal Government’s revised tariff structure, introduced in early 2026, adds a 5% levy on LPG imports to protect domestic distributors. Currency fluctuations: The naira’s relative stability against the dollar this year has softened the impact of global oil price volatility on LPG costs. Supply chain upgrades: New storage facilities in Lagos and Port Harcourt have reduced bottlenecks, allowing for smoother distribution. Demand seasonality: The festive period (December‑January) traditionally sees a spike in cooking gas demand, prompting distributors to adjust rates slightly in anticipation. Regulatory incentives: Recent subsidies for CNG station development in the North‑East region encourage fleet owners to switch from diesel. Monitoring these variables can help consumers anticipate future price movements and plan purchases accordingly. Practical tips for households and small businesses With the new cooking gas rates now public, here are some actionable steps to manage energy expenses: Bulk buying: Purchasing multiple cylinders at once often secures a small discount from reputable dealers. Check depot variations: Prices can differ by up to ₦200 per cylinder between depots in the same city; a quick phone call can save you money. Explore CNG conversion: For businesses with vehicle fleets, converting to CNG can cut fuel costs by 15‑20% compared to diesel. Maintain equipment: Regularly servicing LPG stoves and CNG regulators ensures efficient fuel use and reduces wastage. Leverage loyalty programmes: Some large retailers offer points that can be redeemed for partial cylinder refills. Illustrative examples Example 1: Household budgeting in Lagos Mrs. Aisha lives in Surulere and uses two 12‑kg LPG cylinders per month. By calling three nearby depots, she finds the following offers: Depot A – ₦2,850, Depot B – ₦2,880, Depot C – ₦2,820. She chooses Depot C, saves ₦30 per cylinder, and negotiates a ₦100 discount for buying a six‑month supply, reducing her monthly cooking gas cost to roughly ₦5,540 instead of the average ₦5,700. Example 2: Small transport firm in Kaduna Alpha Logistics operates ten light‑duty trucks. Converting two trucks to CNG costs ₦1.2 million in total. With the current CNG rate of ₦1,880 per kilogram and an average consumption of 12 kg per 100 km, the firm saves about ₦1,500 per 1,000 km compared with diesel at ₦210 per litre. Over a typical 30,000 km annual mileage, projected savings exceed ₦45,000, offsetting the conversion cost within 8‑9 months. Future outlook for cooking gas and CNG in Nigeria Looking ahead to 2027, industry analysts expect a gradual decline in LPG import dependence as local production capacity expands. The Nigerian government has earmarked funds for a new LPG refinery in Warri, slated for commissioning in late 2027. If successful, this could shave 10‑15% off the current cooking gas rates. On the CNG front, the ongoing rollout of CNG stations along major highways—particularly the Lagos‑Ibadan and Abuja‑Kano corridors—should improve accessibility and drive competition, potentially lowering per‑kilogram prices. Another emerging trend is the adoption of hybrid LPG‑CNG appliances in commercial kitchens, which allow operators to switch between fuels based on price differentials, further stabilising operating costs. FAQ What is the difference between LPG and CNG? LPG (liquefied petroleum gas) is stored as a liquid in cylinders and is commonly used for cooking. CNG (compressed natural gas) is stored at high pressure in specialised tanks and is mainly used for vehicle fuel. How often does Marketers update its cooking gas rates? Marketers releases new depot rates on a monthly basis, typically at the start of each month, to reflect the latest market conditions. Can I negotiate a better price for LPG cylinders? Yes. Many reputable dealers offer discounts for bulk purchases or for customers who regularly refill at the same depot. It’s advisable to compare rates across at least two depots before committing. Are there any government subsidies for CNG conversion? In 2026 the Federal Ministry of Power introduced a limited‑time subsidy of ₦150 per kilogram for CNG purchased at approved stations in the North‑East zone, aimed at encouraging fleet conversion. What should I do if I notice a price discrepancy between depots? Document the quoted price, contact the depot manager for clarification, and if needed report the issue to the Consumer Protection Council. Transparent pricing is mandated by the 2025 Energy Pricing Act. 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