MEMAN Sets New CNG Prices Amid Rising Petrol Costs

The Major Energies Marketers Association of Nigeria (MEMAN) has announced new pricing for compressed natural gas (CNG), with rates between N380 and N500 per standard cubic metre. This pricing information, detailed in MEMAN's Energy Bulletin dated October 21, 2026, aims to provide Nigerian motorists with an alternative amid rising transportation costs.

However, the association did not specify which filling stations or locations these prices apply to, complicating the assessment of uniformity across the country. The N120 price difference indicates variability within the market.

While CNG is increasingly viewed as a viable alternative to traditional petrol, its affordability is influenced by factors such as vehicle fuel efficiency and access to refuelling facilities. The report also notes ongoing discussions about petrol import costs and domestic refining, but does not provide current landing costs for imported petrol or the ex-depot price from Dangote Refinery.

The availability of CNG refuelling infrastructure remains a significant consideration for potential users.