Liquefied petroleum gas (LPG) prices at major Lagos depots rose by as much as 16 percent between October 30 and November 2, with all five monitored suppliers recording increases of ₦140 to ₦200 per kilogram.
Navgas posted the largest increase, raising its price from ₦1,250 to ₦1,450 per kilogram, a 16 percent jump. 11Plc and Nipco increased their rates from ₦1,225 to ₦1,390, up 13.47 percent.
Techno Oil and Rain Oil raised prices from ₦1,200 to ₦1,370 per kilogram, representing a 14.17 percent increase.
The latest depot prices show a broad upward adjustment across the Lagos market over the three-day period. Navgas now has the highest listed rate at ₦1,450 per kilogram, while Techno Oil and Rain Oil remain the lowest at ₦1,370.
The increases narrowed the price gap between suppliers, with the difference between the highest and lowest listed prices falling from ₦50 per kilogram on October 30 to ₦80 on November 2.