Prices for cooking gas in Lagos have reached an all-time high. This has forced families and small companies to cut back, and the federal government has ordered a crackdown on hoarders.
According to NAN, the price of a kilogram of Liquefied Petroleum Gas (LPG) in the city today ranged from N2,500 to N3,000. This is a big jump from the N1,000 price in August.
According to places seen, the cost of refilling a 12.5kg cylinder has gone up to well than N25,000 in some locations of Amuwo Odofin and Surulere.
Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), told regulatory bodies to take “immediate action” against marketers who are hoarding or raising prices in a statement made through his spokesperson Louis Ibah.
“This is not okay. Ekpo added, “The government will not let a few operators take advantage of citizens.” He promised that normal supply would start up again in a week.
Officials say the rise is due to two big problems: a recent strike at the Dangote refinery by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and ongoing maintenance work at the Nigeria LNG Train 4 plant. Both events have made less LPG available to the domestic market.
Despite the strike being suspended nearly two weeks ago, supplies have yet to normalize. On Monday, some gas terminals in Apapa and Ikeja were still running at less than full capacity, and tankers had to wait hours to load goods.
The National Bureau of Statistics’ data shows that current trends are different from price drops that happened in the past. The average retail price of a 12.5kg cylinder dropped by 21.42% to N16,195.07 in August 2025, but the most recent rise undid those gains.
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