A market survey across several gas stations in the state on Monday showed that prices were still hovering between ₦1,200 and ₦1,400 per kilogram, depending on the location. At Gasland, Igando in Ikotun, and Mac Rich Gas Plant, Cele-Okota, consumers paid about ₦1,200 per kilogram, while other outlets in the metropolis sold for as much as ₦1,400.
Some plant officials, who spoke anonymously, said the steady rise in price reflected broader supply and logistics constraints in the domestic gas market.
“As of last month, we sold at ₦900 to ₦950 per kg. Presently, it’s ₦1,200. This is the situation we find ourselves in. We hope the price drops further in the coming weeks,” one attendant said.
Further findings indicated that retailers purchasing in bulk — between 150kg and 200kg — currently pay around ₦1,104 per kilogram, suggesting that wholesale prices remain elevated.
Supply Gaps and Maintenance Blamed
The outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Olatunbosun Oladapo, attributed the lingering high prices to supply backlogs, refinery maintenance, and logistics challenges, which have limited the steady inflow of product into the market.
In a phone interview, Oladapo expressed optimism that normalcy will return soon, citing upcoming inflows from Seplat Energy and increased domestic production from the Dangote Refinery. He said these developments, alongside other ongoing gas infrastructure projects, would ease supply bottlenecks and help stabilise prices nationwide.
“We expect prices to moderate as new supply enters the market. Seplat’s entry, combined with improved output from Dangote and other producers, will rebalance the system and drive costs down,” he assured.
Nigeria’s Growing Appetite for LPG
Speaking at the Association’s 38th Annual General Meeting (AGM), Oladapo also highlighted Nigeria’s remarkable growth in LPG consumption. According to him, national usage has doubled from about 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 has risen to 2 million metric tonnes. By the first quarter of next year, we expect it to hit 3 million metric tonnes per annum,” he said.
He attributed this rise to increased private investment, stronger collaboration with government agencies, and greater public acceptance of gas as a clean domestic energy source.
Oladapo reaffirmed NALPGAM’s commitment to achieving the industry’s long-term goal of 6 million metric tonnes in annual consumption, supported by ongoing federal policies under the Decade of Gas initiative.
“Through our collaboration with the Federal Government, we have been able to deepen the future of LPG in Nigeria. Sustained policy support and private sector participation will make our targets achievable,” he noted.
Despite the optimism, consumers continue to feel the strain of high cooking gas prices. Until new supplies from Seplat and Dangote reach the market, many households will likely keep paying premium rates for an essential energy source that remains beyond the reach of millions.