Cooking Gas Price Stays High at ₦1,200–₦1,400 per Kg Despite Marketers’ Pledge

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has continued to soar across Lagos, defying assurances from marketers that it would soon revert to its pre-October levels of ₦950 to ₦1,000 per kilogram (kg).

A market survey conducted across several gas plants in Lagos on Thursday revealed that cooking gas was selling between ₦1,200 and ₦1,400 per kg, depending on location.

At Gasland, Igando in Ikotun, and Mac Rich Gas Plant in Cele-Okota, one kilogram sold for ₦1,200, while other vendors in different parts of the state charged as high as ₦1,400 per kg.

Plant operators, who spoke anonymously, expressed frustration over the continued price hike, attributing it to supply challenges and rising operational costs.

“As of last month, we sold at ₦900 to ₦950 per kg, but now it’s ₦1,200. That’s the reality we face in this country,” one operator said. “We can only hope prices will drop in the coming weeks.”

Further findings showed that retailers purchasing in bulk — typically between 150kg and 200kg — paid around ₦1,104 per kg, suggesting that supply costs remain elevated even before retail markups.

Marketers Cite Supply Backlog, Refinery Issues

In a phone interview, the outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Olatunbosun Oladapo, attributed the persistently high prices to a backlog of unsupplied products, maintenance work, and refinery logistics challenges.

However, he expressed optimism that prices would begin to stabilise soon, boosted by new supply inflows and expanded local production capacity.

“We expect normalcy to return in the coming weeks with Seplat Energy’s gas entering the market, alongside increased output from the Dangote Refinery and other ongoing gas infrastructure projects,” Oladapo said.

LPG Consumption Doubles in Four Years

Speaking at the Association’s 38th Annual General Meeting (AGM), Oladapo highlighted Nigeria’s growing appetite for LPG, noting that national consumption had risen from 900,000 metric tonnes in 2021 to 2 million metric tonnes in 2025.

“About four years ago, national consumption of LPG was between 900,000 and 1 million metric tonnes. Today, it stands at 2 million, and by the first quarter of next year, it will hit 3 million metric tonnes per annum,” he said.

Oladapo attributed the steady rise to increased private sector investment, stronger collaboration with government agencies, and growing public adoption of gas as a cleaner and safer domestic energy source.

He reaffirmed the association’s long-term goal of reaching 6 million metric tonnes of annual consumption through sustained support under the federal government’s Decade of Gas Initiative.

“Through our collaboration with the Federal Government, we have deepened LPG adoption and strengthened the future of gas in Nigeria,” he added.

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