HomeBusinessWhy Nigerians are paying more for cooking gas despite Africa’s largest gas...

Why Nigerians are paying more for cooking gas despite Africa’s largest gas reserves

This post was originally published on this site.

Nigeria is experiencing shortages of cooking gas reserves because a large share of its gas production is exported rather than supplied locallyDemand for LPG has risen to about 1.8 million metric tonnes in 2026, exceeding domestic supply and creating a supply gap in the market The shortage has contributed to a sharp increase in cooking gas prices, which have risen from N400 per kilogramme in 2016 to N2,000 per kilogramme in 2026

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

Nigeria’s abundant natural gas resources have failed to shield households and businesses from growing shortages of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, as supply challenges continue to push prices higher.

Despite possessing Africa’s largest proven gas reserves and recording increased gas production, consumers across the country are grappling with the limited availability of cooking gas.

image

Read also

Cooking gas scarcity worsens in

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

- Advertisment -spot_img
- Advertisment -spot_img