Liquefied Petroleum Gas (LPG) prices in Nigeria have risen due to supply shortages and pressures from the global energy market, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has said. Edu Inyang, NALPGAM president, stated in Lagos on Sunday that reduced local supply, particularly lower volumes from the Dangote Refinery, had disrupted access to LPG. He explained that marketers now face infrequent allocations, making it harder to meet demand. Depot prices have also increased, driven by higher costs from Nigeria LNG Ltd. and rising international benchmarks.
Inyang noted that Nigeria remains vulnerable to global energy fluctuations, with foreign exchange dynamics and reliance on imported inputs amplifying local price pressures. He emphasized that private depot operators cannot sell below landing and operational costs, a factor directly influencing retail prices. Despite the challenges, he expressed confidence that increased investment in gas infrastructure could stabilise supply. Inyang called for more gas processing plants and greater private sector involvement to boost domestic production and ease market pressures.
Edu Inyang's admission that Dangote Refinery's reduced LPG output is disrupting supply contradicts earlier expectations that the facility would stabilise the market. If a refinery branded as a national solution is now contributing to scarcity, Nigerians have reason to question the resilience of the country's energy planning. This situation means households and businesses will keep absorbing price shocks without immediate relief in sight. Mere optimism about future infrastructure will not cool the heat on kitchen budgets today.
