Cooking Gas Price Hits N2,000/kg in Lagos, N1,600 in Abuja as Marketers Battle Supply Shortages

Cooking gas prices are surging across parts of Lagos, Ogun, and Abuja amid growing concerns by marketers over worsening supply shortages and mounting operational costs in the liquefied petroleum gas (LPG) sector.

TheCable observed on Monday that prices peaked to N1,400 and N2,000 per kilogramme (KG) across various locations.

In Ikorodu, Lagos, cooking gas was sold for N1,800 per kg, up from N1,300 almost a month ago.

Prices reportedly increased at Afeeze Bus Stop in Ogba to N2,000/kg from N1,500 within the last three weeks.

In Akoka, Yaba, consumers bought the product at N1,500/kg, while the commodity sold for N1,400/kg in Ojota, Lagos.

Consumers in parts of the RCCG camp area in Mowe, Ogun state, also purchased cooking gas at N2,000/kg, while the product is selling for N1,500/kg in Owerri, Imo state.

In the federal capital territory (FCT), prices varied across locations, with residents in Lugbe reporting N1,480/kg, while consumers in Lokogoma paid N1,600/kg.

MARKETERS BLAME SURGE ON SUPPLY SHORTAGES, RISING OPERATIONAL COSTS

Reacting to the development, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) bemoaned the current LPG supply challenges.

According to NAN, in a joint statement signed by Edu Inyang, president of the association, and Bassey Effiong, executive secretary of NALPGAM, said consumers across the country now purchase cooking gas at more than N1,500 per kg.

The association said operators currently pay between N25.2 million and N26.2 million for a 20-metric-tonne truck of LPG, depending on the location.

“The rising cost and erratic supply of cooking gas have imposed severe hardship on households, food vendors, small businesses and low-income earners who depend on LPG for daily cooking,” NALPGAM said.

The group warned that the crisis threatens years of progress by the government and private investors to promote clean cooking energy as an alternative to firewood, charcoal, and kerosene.

NALPGAM also expressed concern over challenges confronting marketers nationwide, including persistent supply shortages, high depot prices, logistics bottlenecks, and rising operational costs.

The association said without urgent intervention, the situation could worsen food inflation, force LPG businesses to shut down, trigger job losses, and undermine Nigeria’s clean energy goals.

“We cannot stand by and watch millions of Nigerian families suffer in silence while access to clean cooking energy becomes increasingly unaffordable,” the statement reads.

NALPGAM called on the federal government and industry stakeholders, including the ministry of petroleum resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), NNPC Limited, domestic producers, and terminal operators, to intervene and stabilise the LPG market.

The association also recommended increased domestic gas allocation, improved product availability, transparent distribution systems, reduced importation and storage bottlenecks, and strategic measures to stabilise prices.