Nigerian LPG Marketers Provide Update on Persistent Cooking Gas Costs

NALPGAM reports that despite better supply levels, cooking gas prices in Nigeria remain high due to currency challenges and rising import costs.

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) recently addressed the current state of cooking gas pricing within the country. Edu Inyang, the president of the association, noted on Thursday that while national supply chains have seen improvement, the expected decline in retail costs has not materialized.

As of recent reports, consumers in Abuja and nearby regions are paying between N1450 and N1700 per kilogram, marking an increase from the N1200 seen in May 2026. Inyang explained that while the federal government’s policy shift in June 2026 improved product availability, retail prices remain persistently high.

Multiple factors contribute to this trend. According to Inyang, high international market rates, unfavorable foreign exchange fluctuations, significant transportation expenses, and an ongoing domestic supply deficit prevent prices from dropping. Furthermore, limited market competition has stalled any potential downward pressure on consumer costs.

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