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NGEconomy5 days ago

Cooking gas prices could crash to N900/kg by end of 2026 – NALPGAM

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) predicts that retail cooking gas prices in Nigeria could drop to between N900 and N1,100 per kilogram by the end of 2026 if the federal government implements reforms to increase supply and reduce costs. This prediction comes amid current high prices, which range from N2,000 to N2,500 per kilogram in parts of Lagos. NALPGAM President Edu Inyang attributed the price increases to rising demand and supply chain issues, including reduced allocations from major suppliers like Dangote Refinery and Nigeria LNG (NLNG).

Source document: Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM)

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Vanguard NigeriaIndependentCenter5 days ago
Cooking gas prices could crash to N900/kg by end of 2026 – NALPGAM

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) predicts that retail cooking gas prices in Nigeria could drop to between N900 and N1,100 per kilogram by the end of 2026 if the federal government implements reforms to increase supply and reduce costs. This prediction comes amid current high prices, which range from N2,000 to N2,500 per kilogram in parts of Lagos. NALPGAM President Edu Inyang attributed the price increases to rising demand and supply chain issues, including reduced allocations from major suppliers like Dangote Refinery and Nigeria LNG (NLNG).

Bias read (Center): The article presents projections and explanations from NALPGAM without overtly favoring any political stance. It includes direct quotes from NALPGAM's president and references specific factors affecting cooking gas prices, such as supply chain issues and production capacities. There is no evident sl

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  • organisation Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM)
  • organisation News Agency of Nigeria (NAN)

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  • organisationNigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM)
  • organisationNews Agency of Nigeria (NAN)