The supply of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, increased by 24.4 per cent in June 2026, according to new data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The agency’s June 2026 fact sheet showed that daily LPG supply rose from 4.1 metric tonnes in May to 5.1 metric tonnes in June, reflecting improved product availability across the country.
Despite the increase in supply, daily consumption declined by about 10 per cent, falling from 4.5 metric tonnes in May to 4.1 metric tonnes in June.
The report also revealed that the ex-depot price of cooking gas dropped sharply by 28.4 per cent, falling from ₦26.2 million per 20 metric tonnes in June to ₦20.4 million in July.
The price reduction has already begun reflecting at retail outlets, with checks in Lagos showing that one kilogram of cooking gas now sells for between ₦1,100 and ₦1,400, compared to ₦1,900–₦2,400 per kilogram in June.
Speaking on the development, the National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Inyang Edu, said the decline followed discussions between the Federal Government, regulators and industry stakeholders, which encouraged more product imports and improved supply.
Edu also disclosed that concerns over possible artificial scarcity had prompted marketers to engage the government after some suppliers allegedly began hoarding products, creating fears of supply shortages.
According to him, gas supply from Dangote Refinery and the Nigeria LNG (NLNG) has remained steady, while additional suppliers are expected to boost availability in the coming weeks.
He expressed optimism that cooking gas prices could decline even further if the current supply trend continues.
