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You are at:Home»News»Nigerians suffer as price of cooking gas hits N25,000
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Nigerians suffer as price of cooking gas hits N25,000

DailyblastBy DailyblastOctober 6, 202502 Mins Read
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Nigerians are currently facing the shortage of cooking gas across major cities in the country.

Many of the gas stations selling the essential commodity appear to have run out of them while those with the product are currently selling at exorbitant prices.

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  2. Cooking gas price increases by 83% in one year –NBS report
  3. Price of 12kg cooking gas increased by 55% in one year -NBS
  4. 12.5kg cooking gas may sell for N10,000 by December, say marketers

The Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, Bassey Essien, claims that the recent strike action by the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN led to the disruption in the supply of the product across the different gas stations in the country.

 “Dangote Petroleum Refinery is currently the highest local supplier of cooking gas in Nigeria. The crisis involving PENGASSAN scuttled distribution. Many dealers could not replenish their stocks during the period. 

What we are witnessing is a function of demand and supply. In practice, the demand for cooking gas is higher than supply. But supply would likely stabilise in the coming days, following resolution of the conflict.” he told Vanguard

As at today, the price of refilling a 12.5kg cylinder of cooking gas has increased to N25,000 this week from N17,500 it was the previous week. The price of 1kg currently retails at between N1, 500 and N2, 000, depending on the location.

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