RismadarVoice Reporters, June 23, 2026
The Federal Government of Nigeria has introduced a set of policy measures aimed at increasing the supply of Liquefied Petroleum Gas (LPG) and stabilising rising cooking gas prices across the country.
The initiatives were disclosed following an emergency stakeholders’ meeting convened by the Federal Ministry of Petroleum Resources in response to recent increases in LPG prices and supply challenges affecting households nationwide.
According to a statement issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the meeting brought together key regulators, government officials, producers, marketers, terminal operators, and industry associations to identify the causes of price volatility and develop coordinated solutions.
The government said the engagement was part of efforts to improve affordability, strengthen supply chains, and ensure stability in the domestic gas market.
In recent weeks, cooking gas prices have surged across major cities, with LPG reportedly selling at significantly higher rates than earlier in the year. The increase has raised concerns among consumers and stakeholders, amid broader inflationary pressures in the economy.
Officials at the meeting stressed the importance of LPG as a key household energy source and a central component of Nigeria’s clean energy transition agenda.
The Permanent Secretary of the Ministry of Petroleum Resources, Patience Oyekunle, noted that the rising cost of cooking gas is placing additional strain on household finances and contributing to higher living costs.
She emphasised the need for coordinated interventions to improve supply and ensure affordability for consumers nationwide.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said President Bola Tinubu has directed relevant agencies to urgently address the situation and mitigate its impact on Nigerians.
He added that improving supply would require better logistics, stronger infrastructure, and transparent pricing mechanisms across the value chain.
The Chief Executive of the NMDPRA, Farouk Ahmed, stated that while high import and landing costs continue to influence prices, ongoing interventions are expected to ease pressure on the market in the near term.
He noted that efforts are underway to boost domestic production, enhance regulatory oversight, and improve product availability nationwide.
A presentation by the Executive Director of Distribution Systems, Storage and Retailing Infrastructure highlighted several challenges affecting the LPG market, including infrastructure gaps, logistics constraints, supply limitations, and global market disruptions.
Despite these challenges, the authority reported improvements in supply levels, with national LPG availability rising from 11 days to 22 days, and average daily supply increasing from 4,262 metric tonnes in May to 5,040 metric tonnes in June 2026.
Stakeholders at the meeting expressed support for the government’s initiatives and pledged collaboration to strengthen the LPG value chain. Agreed measures include enhanced market monitoring, stricter enforcement against malpractice, expansion of storage facilities, improved distribution systems, and better data sharing across the sector.
The Minister of State for Petroleum Resources directed stakeholders to implement immediate actions aimed at increasing supply and reducing inefficiencies in the system.
He said the effectiveness of the interventions would be assessed based on improved availability, smoother distribution, and a reduction in price pressures in the coming weeks.
