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Cooking Gas Prices Rise to N1,400 per Kg Amid Supply Growth

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Legit.ng
Cooking Gas Prices Rise to N1,400 per Kg Amid Supply Growth

In October 2026, the price of cooking gas in Nigeria increased to N1,400 per kilogram, up from N1,300 in September, despite a 17.78% year-on-year increase in domestic supply of Liquefied Petroleum Gas (LPG). Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicated that daily domestic supply rose to 4.5 million litres in September 2026, compared to 3.7 million litres in September 2025 and a 33.33% increase from 3.375 million litres in August 2026.

Oladapo Olatunbosun, former National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, attributed the supply increase to improved domestic production but emphasized the need for more investment and government support to sustain growth and prevent shortages. Mazi Colman Obasi, National President of the Oil and Gas Services Providers Association, welcomed the supply increase but noted that it must lead to better access and affordability for consumers.

Both leaders stressed the importance of an efficient distribution network and increased investment in the LPG sector.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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