There are indications that the price of Liquefied Petroleum Gas, LPG, also known as cooking gas, may rise sharply across the country as depots are empty amidst increasing domestic demand.
Checks across the Lagos metropolis on Tuesday showed that only three companies: Navgas had commercial volumes of LPG available
Market sources attributed the development to rising demand for the product in Lagos and other parts of the country, as more households and businesses switch to cooking gas.
Navgas sold at N1,065/kg and N1,085/kg respectively.
Operators warned that the retail price of LPG could rise to N2,500/kg from the current average of about N1,600/kg if the supply situation persists.
Data released by the Nigerian Upstream Petroleum Regulatory Commission showed that domestic gas sales rose to 55,903.72 million standard cubic feet, MMSCF, in March 2026 from 52,300.45 MMSCF recorded in February 2026. The increase came amid higher national gas production during the period.
Consumers in the South West told our correspondent that they now buy LPG at about N2,000 in Ogun border communities and between N1,600 and N1,700 in Lagos, Abeokuta, and Ibadan. In the North, the essential commodity is now sold between N1,800 and N2,000 per kilogramme.
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“One of the only ways the government can assist the masses is through affordable cooking gas, but Nigerian leaders don’t care,” a consumer identified as Borokinni said.
The current hike in LPG prices is the first in 2026 and the second in seven months since October 2025, when the Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria had an encounter that led to the shutdown of oil and gas assets across the country.
The Nigerian Association of Liquefied Petroleum Gas Marketers has raised the alarm over erratic supply and rising cost of LPG, warning that the situation could trigger scarcity and worsen hardship for millions of Nigerians.
