Why is Nigeria LPG Price Increase Trending?

Why is Nigeria LPG Price Increase Trending?




A massive surge in the retail prices of Liquefied Petroleum Gas (LPG), commonly called cooking gas, and household kerosene has sparked intense frustration across Nigeria, driving a severe clean energy crisis.

The topic is trending heavily due to a stark paradox: retail prices are skyrocketing despite a notable increase in domestic gas production and a lower reliance on imports. 

Industry data reveals that the Dangote Petroleum Refinery set its ex-gantry price for cooking gas at ₦825 per kilogramme, which quickly escalated downstream costs. 

Terminal operators and marketers now fork out between ₦25.2 million and ₦26.2 million for a single 20-metric-tonne truck of gas, passing the financial burden directly to local consumers.


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With market retail rates jumping to ₦2,000–₦2,200 per kg, refilling a standard 12.5kg cylinder now costs upwards of ₦25,000. 

Compounded by household kerosene prices hitting nearly ₦291 per litre, low-income households and roadside food vendors are actively trending the issue as economic hardship forces millions to abandon clean energy and revert to firewood and charcoal.

Sources: The Punch, Vanguard, Zawya, NALPGAM Data.

#CookingGasPrice #LPGPriceHike #NigeriaEconomy #DangoteRefinery #Inflation #CostOfLivingNG #KerosenePrice



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