ABUJA, Nigeria – Nigerian households grappling with soaring cooking gas prices may soon see relief as increased domestic supply from the Seplat gas facility is expected to enter the market in July, industry officials say.
The development comes amid growing concerns over rising liquefied petroleum gas (LPG) costs, which have placed pressure on millions of families relying on gas for daily cooking needs across the country.
Speaking in Abuja on Sunday, the Liquefied Petroleum Gas Retailers Association attributed the surge in cooking gas prices to global energy market shifts, rising logistics costs and domestic distribution challenges.
The association’s spokesman, Promise Ajujumbu, said roadside vendors now sell LPG for about N2,000 per kilogram, while established retail outlets such as NIPCO charge around N1,600 per kilogram.
According to him, LPG prices have risen sharply from approximately N900,000 per tonne to N1.7 million per tonne in recent months, largely driven by increased diesel costs affecting transportation and distribution.
“The local market should be adequately supplied before exports are considered,” Ajujumbu said, calling for stronger collaboration between government agencies and industry stakeholders to stabilise supply and prices.
The remarks come as consumers face mounting inflationary pressures and increasing energy costs, making cooking gas less affordable for many low- and middle-income households.
Officials from the Ministry of State for Petroleum Resources dismissed claims of preferential exports, insisting that the existing export restrictions remain in force.
Industry players say marketers have increased imports to bridge supply gaps while awaiting additional domestic production.
The anticipated launch of the Seplat gas facility in July is expected to inject significant volumes into the local market, potentially easing supply constraints and moderating cooking gas prices.
