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Cooking Gas Price remains high across Lagos despite earlier assurance of a price drop.
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Marketers blame supply backlog, refinery logistics, and delayed distribution.
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Seplat and Dangote production expected to stabilise the market soon.
The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has continued to rise across major parts of Lagos, defying marketers’ earlier assurance that prices would return to the pre-October range of N950 to N1,000 per kilogram.
Findings from gas plants visited in areas such as Igando, Ikotun, and Cele-Okota showed that a kilogram of cooking gas was sold at between N1,200 and N1,400, depending on the location and supplier.
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At Gasland in Igando and Mac Rich Gas Plant in Cele-Okota, the product was sold at N1,200 per kg, while other stations in the same axis sold between N1,300 and N1,400 per kg.
Some plant officials, who preferred not to be named, confirmed that the price had increased sharply in recent weeks.
“As at last month, we sold cooking gas at N900 and N950 per kg. Presently, we retail at N1,200 per kg. This is the situation we find ourselves in the country. We hope the price drops further in the coming weeks,” one attendant said.
Further investigation revealed that bulk retailers purchasing 150 to 200 kilograms currently pay about N1,104 per kg.
In a phone interview, the outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Olatunbosun Oladapo, attributed the sustained high price to a backlog of unsupplied products, ongoing maintenance, and refinery logistics challenges.
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He, however, expressed optimism that the market will stabilise in the coming weeks with the entry of Seplat Energy gas and increased output from the Dangote Refinery.
Speaking at the Association’s 38th Annual General Meeting (AGM), Mr. Oladapo disclosed that the country’s LPG consumption had grown significantly — 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 metric tonnes and 1 million metric tonnes. Today, it has risen to 2 million metric tonnes. By the first quarter of next year, LPG consumption will hit 3 million metric tonnes per annum,” he said.
He attributed the rapid growth to increased private investment, government collaboration, and rising public acceptance of gas as a domestic energy source.
According to him, with sustained policy support and private sector participation, the association’s target of reaching 6 million metric tonnes annually is achievable.
