Oladapo made this known in an interview with DAILY POST on Monday, amid reports of easing supply constraints that have led to a recent price reduction nationwide.
Across major cities, consumers have begun to feel some relief. In Abuja, retailers now sell cooking gas at around ₦1,500 per kilogramme, down from ₦2,000 just weeks ago. Major suppliers such as NIPCO, AA Rano, and the Nigerian National Petroleum Company Limited (NNPCL) currently dispense LPG between ₦1,090 and ₦1,100 per litre, compared to ₦1,200 earlier.
Speaking on the development, Oladapo expressed optimism that prices could continue to trend downward as the festive season approaches, stressing the importance of maintaining stable supply across the country.
“We still want the price of gas to come down further. The festive season is approaching, and the most important thing is ensuring the product’s availability. Let’s see how the price goes in one or two weeks,” he said.
The anticipated price drop follows efforts by gas marketers and key industry players to stabilize supply after months of volatility linked to foreign exchange challenges and logistics disruptions.
Would you like me to add a short paragraph of market context—for example, how FX stability or global LPG prices are influencing the local market?