Connect with us

Business

Cooking Gas Price Surges, Now Sells Above ₦1,500 Per Kilogram

Published

on

6ba9f22b 4875 4c41 9f01 d6b3dd1fb05a

According to IReporter Online, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has expressed concern over the rising cost and inconsistent supply of cooking gas across the country, warning that the situation could lead to widespread scarcity and further economic hardship for citizens.

The association disclosed that Liquefied Petroleum Gas (LPG) now sells for over ₦1,500 per kilogram in several parts of the country, while some retail outlets charge between ₦1,600 and ₦2,000 per kilogram. It further noted that marketers currently purchase 20 metric tonnes of LPG at prices ranging between ₦25.2 million and ₦26.2 million, depending on location.

NALPGAM described the situation as “sad and rather very pathetic,” adding that the sharp increase in prices has placed significant pressure on households, small businesses, food vendors, and low-income earners who depend heavily on cooking gas for daily survival.

The association attributed the crisis to persistent supply shortages, high depot costs, logistical challenges, and rising operational expenses. It also warned that where LPG is available, it is being sold at rates far above the affordability of the average Nigerian.

Advertisement

According to the group, the current trend threatens the gains made in Nigeria’s clean energy transition, as many households that previously adopted gas are now struggling to refill their cylinders and are gradually reverting to firewood and charcoal, with negative implications for public health and the environment.

NALPGAM further cautioned that if urgent measures are not taken, the situation could worsen food inflation, force the closure of small LPG retail businesses, lead to job losses, and weaken investor confidence in the downstream energy sector.

The association therefore called on the Federal Government, relevant petroleum agencies, and industry stakeholders to urgently intervene by improving domestic supply, removing distribution bottlenecks, and stabilising retail prices. It also stressed the need for investment in storage and distribution infrastructure to ensure long-term stability in the sector.

NALPGAM reiterated its readiness to collaborate with authorities, insisting that immediate and decisive action is necessary to prevent further deterioration of the situation and protect millions of Nigerian households dependent on clean cooking energy.

Advertisement

Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

Trending

0
Would love your thoughts, please comment.x
()
x