Business

Ogun, Lagos and Oyo Residents Decry Sharp Rise in LPG Retail Prices

Published on by Sentinel Digest Editorial

Ogun, Lagos and Oyo Residents Decry Sharp Rise in LPG Retail Prices
Ogun, Lagos and Oyo Residents Decry Sharp Rise in LPG Retail Prices

Households in Ogun, Lagos and Oyo states say the cost of cooking gas has jumped from N1,200 to N1,800 per kilogram after depot prices rose by over 30%. The hike is prompting complaints, calls for government action and a shift back to charcoal.

Residents of Ogun, Lagos and Oyo states are reporting that the retail price of Liquefied Petroleum Gas (LPG) has risen from N1,200 to N1,800 per kilogram, a jump of about 50%, after depot prices increased by roughly 32%.

Why did the price of LPG rise?

The depot price of the fuel climbed 31.8% – from N1,100 to N1,450 per kilogram – prompting retailers to adjust their selling rates. In some Ogun communities such as Magboro, Mowe and Ibafo, shoppers claim they were charged as much as N1,900 per kilogram.

What are consumers saying?

A verification by the Nigerian Tribune found that many sellers in Lagos and Ogun are indeed charging N1,800 per kilogram, confirming that higher depot costs are being passed on to buyers. Ajoke Badmus, who operates a restaurant in Magboro, Ogun State, lamented that the price surge “has distorted my plans and will inevitably raise the cost of the meals I serve.”

Bade Olusanya, a resident of Ogba in Lagos, added that the timing of the increase is especially painful for families still coping with school fees and rent, urging the Federal Government and marketers to intervene.

What is the response from LPG marketers?

When approached for comment, Bassey Essien, Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), said, “The country is not serious about the availability of gas; it’s just talk.” He warned that fragmented supply will persist until authorities treat LPG availability as a priority.

How is the price situation varying across Oyo State?

Consumers in Oyo’s 33 local government areas report a direct market price of N1,450 per kilogram, while neighbourhood market retailers charge between N1,500 and N1,650. The variation is linked to differing landing costs in each area.

What are households doing in response?

Faced with the steep rise, many households have reverted to using charcoal for cooking. Consumer groups have appealed to the Federal Government to reverse the trend, describing the current LPG price as “unbearable.”

The steep increase in cooking‑gas costs underscores broader concerns about energy affordability in Nigeria and highlights the need for coordinated action among regulators, marketers and policymakers.

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