Nigerians have been suffering under the gruelling burden of the high cost of purchasing cooking gas that should ordinarily be affordable. SUNNY IDACHABA examines this in the light of repeated assurances from NLNG of abundant stock for end users.

It seems that in Nigeria, absurdity is normal. This is because most times, the country is likened to someone who lives close to a pool of water, yet dies of thirst.

A good example can be seen in the oil and gas industry where Nigeria has in abundance oil deposits, yet citizens cannot afford the prices for reasons only industry players struggle to explain away, most often.

In the recent times, natural gas deposit from which cooking gas that is one of the abundant resources Nigeria is endowed with has become a scarce commodity such that consumers who were tricked into migrating from using kerosene to gas can no longer afford it despite the repeated assurances by government that there is enough stock that can serve the domestic needs of every Nigerian.

For the umpteenth time, in the last two weeks, for example, the price of a kilogramme of cooking gas shot the ceiling such that most families now resort to charcoal, which is like a...

Exploring proactive measures for positive engagement in the evolving landscape of the Nigerian LPG industry.

There are growing concerns over the rising price of cooking gas as a kilogramme is now sold for between N1,000 and N1,200 in parts of the country. There are also fears that the price may rise further owing to the scarcity of the product, which marketers are attributing to supply disruption.

In parts of Lagos Mainland, cooking was yesterday sold for N1,100/kg from N750/kg it was sold last week with many families and businesses expressing concern over the price hike. The situation was said to have forced many households in the state to resort to the use of charcoal. Vendors attributed the hike to the high cost of transportation occasioned by the high cost of diesel. Some gas retailer are even envisaging that cooking gas users might pay N1,200 before the end of the week.

Many people who come to my store are shocked by the prices. Many walk away unable to make a purchase. I understand their plight, but as a retailer, my hands are tied too. Cooking gas has become a luxury we can barely afford. Those who cook three meals a day now have had to cut back. It is disheartening.

The LPG sector is purely deregulated. Even though suppliers are trying their best, it is a combination of...

President Tinubu made a historic announcement regarding the elimination of petrol subsidies in May 2023. As a result of this trend, important parties such as the Nigerian Liquefied Petroleum Gas Association (NLPGA) began campaigning for more cost-effective alternatives to enable Nigerians to fuel their generators and automobiles. One common idea was to switch to Autogas/LPG, which presented a feasible and cost-effective alternative to petrol, the price of which had risen significantly.

This sparked a surge in demand for LPG, particularly for generators that could run on both fuel and LPG. It was emphasized that a shortfall in the manufacture of a highly sought-after commodity invariably leads to price increases.

According to him, the rise in LPG costs is due to two fundamental factors:
1. Inadequate domestic investment in natural gas exploration.
2. Significant decline in associated gas output, which is obtained from crude oil exploration, as a result of rampant crude oil theft.

Furthermore, it is discovered that a lack of investment in gas exploration, as well as the ubiquitous issue of crude oil theft, which has a direct influence on associated gas production, has forc...

How much did you buy cooking gas in your area? Please state your city or town and state.

The price of cooking gas rises between N890 to N900 per kilogram in Lagos and Ogun states, while the original price of 20 metric tonnes was about N13,500,000 for 20 metric tonnes.

With the new rate of N14,000,000 per 20 metric tonne in storage, it is clear that the price of cooking gas will increase to N1,000 per kilogram and more, depending on the proximity of any LPG station . The latest con...