The price of cooking gas (liquefied petroleum gas) has increased by around 40 per cent to about ₦1,400 per kilogramme in parts of Nigeria, market sources say, as supply costs climb amid the ongoing Middle East crisis.

Cooking gas, also known as LPG, is widely used in Nigerian homes and businesses for cooking and heating. Domestic selling prices for LPG are influenced by international supply conditions, exchange rates, and distribution costs.

The conflict in the Middle East has affected global energy markets, prompting higher prices for petroleum products and derivatives.

Traders in major Nigerian cities including Lagos and Abuja reported that the current average price for a kilogramme of cooking gas is now around ₦1,400, up from approximately ₦1,000 in recent weeks.

The increase was confirmed by several gas dealers who said the uptick reflects higher costs of importing and transporting LPG cylinders amid disruptions in supply chains linked to the Middle East crisis.

Some retailers said they had adjusted their prices in response to rising acquisition costs from suppliers. They said wholesale rates had risen, leading to the increase in retail prices for consumers.

Gas marketers attributed the higher cost to increases in freight charges and foreign exchange pressures, which they said have affected the landing cost of LPG products at Nigerian ports.

The higher cooking gas prices may influence household and business expenditure on energy. Traders say they will continue to monitor supply costs and adjust prices accordingly, and consumers are advised to check current rates with local providers.