FG Moves To Tackle Rising Cooking Gas Prices
Federal Government don unveil fresh measures to improve the supply of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, and reduce the pressure of rising prices across the country.
The move follow an emergency stakeholders’ meeting organised by the Federal Ministry of Petroleum Resources, where government officials, regulators, producers, marketers, terminal operators and industry groups discussed practical solutions to strengthen the LPG value chain and stabilise the market.
Speaking during the meeting, Permanent Secretary of the Ministry, Mrs. Patience Oyekunle, described LPG as an important energy source for millions of Nigerian households and a key part of Nigeria’s energy transition plans.
She said the continuous increase in cooking gas prices is putting pressure on family budgets and contributing to the rising cost of living, stressing the need for collective action to make LPG more affordable and accessible.
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, said President Bola Ahmed Tinubu is concerned about the impact of rising cooking gas prices on Nigerians and has directed relevant agencies to take proactive measures to address the challenge.
According to him, increasing supply alone is not enough, adding that efficient logistics, better infrastructure and transparent pricing systems are necessary to ensure consumers enjoy the benefits of government interventions.
NMDPRA Reports Improvement In LPG Supply
The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mallam Rabiu Abdullahi Umar, acknowledged that high landing costs remain one of the major factors driving LPG prices.
However, he expressed optimism that ongoing efforts across the value chain would gradually ease market pressure in the coming weeks.
A presentation delivered by the Executive Director, Distribution Systems, Storage and Retailing Infrastructure (DSSRI), Mr. Ogbugo Ukoha, identified infrastructure gaps, domestic supply shortages, logistics challenges, market distortions and global supply disruptions as major contributors to the increase in LPG prices.
The Authority also revealed positive improvements in supply levels. According to NMDPRA, national LPG sufficiency increased from 11 days to 22 days, while average daily supply rose from 4,262 metric tonnes in May 2026 to 5,040 metric tonnes in June 2026.
Stakeholders Agree On Immediate Action
At the end of the meeting, stakeholders pledged support for government efforts and highlighted challenges affecting storage, transportation, distribution and overall market efficiency.
They agreed on several immediate measures, including stronger market monitoring, stricter enforcement against sharp practices, expansion of storage and distribution facilities, increased domestic production, improved product tracking systems, better access to market information and closer collaboration among industry players.
In his closing remarks, Minister Ekpo directed all stakeholders to act quickly to improve supply, eliminate inefficiencies and protect consumers.
He said the success of the intervention would be measured by greater availability of cooking gas, more efficient distribution networks and a noticeable reduction in price pressure for Nigerian households.
