HomeBusinessWhy Cooking gas retail prices continue despite sufficiency report

Why Cooking gas retail prices continue despite sufficiency report

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Nigeria’s cooking gas market faces pressure amid fluctuating prices and low stock levelsLPG supply shortfall reaches 400 metric tonnes daily, impacting market stabilitySignificant retail price variations reflect ongoing distribution challenges across the country

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Nigeria’s cooking gas market is facing renewed pressure as retail prices fluctuate across the country, despite the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reporting that the nation has an average Liquefied Petroleum Gas (LPG) stock sufficiency of 11 days.

The latest figures, reviewed by Petroleumprice.ng from the NMDPRA factsheet for May 2026, show that while supply remains available, growing demand and shortages at depots are beginning to strain the market.

NMDPRA reports 11-day LPG sufficiency in MayCooking gas prices soar amid scarcity and supply bottlenecks. Credit: Verma Sharma/Contributor
Source: Getty Images

LPG records the lowest stock Cover

The report shows that LPG, popularly known as cooking gas, has the

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