- Post By LPG in Nigeria
- 4 months ago
Nigeria is blessed with abundant natural gas reserves — over 206 trillion cubic feet, one of the largest in Africa. Yet, LPG (cooking gas), a direct derivative of this natural resource, remains increasingly unaffordable for millions of Nigerians.
According to the National Bureau of Statistics (NBS), the average price of a 12.5kg LPG cylinder rose from ₦8,000 in early 2023 to over ₦13,000 by mid-2025 in some parts of the country. This rise continues despite the federal government’s promotion of LPG adoption and the presence of local producers like NLNG supplying over 450,000 metric tonnes annually to the domestic market.
So, what's really driving the high prices?
Some blame:
* Logistics & distribution bottlenecks
* Heavy reliance on imported LPG (~35% of supply)
* Dollar exchange rate volatility
* Multiple taxes, levies, and port charges
* Infrastructure gaps in transportation and storage
* Others point to market speculation and a lack of price regulation as major factors.
Shouldn’t local production be reducing prices, not increasing them? Are we victims of policy failures, market greed, or global pricing pressure?
Let’s hear from LPG retailers, consumers, plant operators, transporters, and policy makers in this forum:
🗣️ Why do YOU think LPG is still so expensive in Nigeria? What solutions do you suggest?
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