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Cooking Gas Remains Expensive at N1,200 per kg Despite Promised Price Drop

The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has remained stubbornly high across Lagos, despite assurances from marketers that costs would soon return to the pre-October range of N950 to N1,000 per kilogram.

A market survey carried out in different parts of Lagos revealed that gas plants in areas like Igando, Ikotun, and Cele-Okota sold the product between N1,200 and N1,400 per kg, depending on location. Retailers who buy in bulk—usually between 150kg and 200kg—reported paying around N1,104 per kg.

Some gas plant operators, who preferred not to be named, blamed the situation on logistics challenges and delayed supplies. One operator noted that prices had climbed from N900–N950 last month to the current N1,200, adding that they hoped to see some relief in the coming weeks.

The outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr. Olatunbosun Oladapo, said the current high prices are the result of a backlog of unsupplied gas, refinery maintenance issues, and other supply chain disruptions.

He, however, expressed optimism that prices would ease soon, pointing to Seplat Energy’s recent entry into the LPG market and the growing contribution of the Dangote Refinery. According to him, increased production and ongoing investments in gas infrastructure should help stabilise the market nationwide.

Speaking at NALPGAM’s 38th Annual General Meeting, Oladapo noted that Nigeria’s LPG consumption has doubled in four years—from about 900,000 metric tonnes in 2021 to roughly 2 million in 2025. He predicted that the figure could reach 3 million metric tonnes per year by early 2026, driven by growing public adoption of gas and continued government support under the Decade of Gas initiative.

He added that with consistent private sector participation and stronger policy backing, the industry’s long-term goal of achieving 6 million metric tonnes of annual LPG consumption is well within reach.