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“Sallah Crisis: Millions Of Nigerians Groan As Cooking Gas Skyrockets To ₦2,000/kg Ahead Of Festive Holidays”.

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6 months ago

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As Nigerian Muslims prepare for the 2026 Eid-el-Kabir celebrations, the soaring cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, is causing widespread anxiety across the nation. This economic strain comes right after the Federal Government declared Wednesday, May 27, and Thursday, May 28, 2026, as public holidays for the Sallah festivities.....KINDLY READ THE FULL STORY HERE▶

A market survey reveals a staggering price hike for a product that previously sold below ₦1,000 per kilogramme. LPG now commands between ₦1,500 and ₦2,000 across various regions. In parts of the South-West, including Lagos, Abeokuta, and Ibadan, prices hover between ₦1,600 and ₦1,700/kg, surging up to ₦2,000/kg in Ogun State border communities. The situation is equally grim in several northern states, where prices range firmly between ₦1,800 and ₦2,000/kg.

Expressing frustration, a consumer named Borokinni lamented the lack of government support for ordinary citizens, stating, “One of the only ways the government can assist the masses is through affordable cooking gas, but Nigerian leaders don’t care.”

Meanwhile, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has raised the alarm over irregular supplies and the sudden price spike. In a joint statement by National President Edu Inyang and Executive Secretary Bassey Essien, the association warned that the current crisis could trigger severe scarcity and deepen economic hardship. Marketers are reportedly paying an unprecedented ₦25.2 million to ₦26.2 million for 20 metric tonnes of LPG.

NALPGAM described the trend as “pathetic” and expressed fears that public anger could soon be directed at gas retail outlets. They emphasized that the hike drastically impacts households, food vendors, and small businesses, threatening to erase years of progress made in clean energy adoption.

Alarmingly, the group noted that many low-income earners are already abandoning gas and returning to charcoal and firewood. With neighborhood retail outlets already running dry, citizens are calling for immediate federal intervention to stabilize supply and prices before the holidays begin.

Option 2: Sharp and Punchy (High Engagement / Fast-Paced)

Headline: Sallah Hardship: Cooking Gas Hits ₦2,000/kg as Marketers Warn of Looming Scarcity

A severe surge in cooking gas prices is threatening to ruin the 2026 Eid-el-Kabir celebrations for millions of Nigerians, with costs hitting as high as ₦2,000 per kilogramme in some parts of the country.

Despite the Federal Government declaring May 27 and 28 as public holidays, festive preparations have been overshadowed by inflation. In Lagos, Oyo, and parts of the North, consumers are paying anywhere between ₦1,600 and ₦2,000/kg for a commodity that once cost less than ₦1,000/kg.

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned that the situation is critical. Marketers are currently shelling out between ₦25.2m and ₦26.2m for 20 metric tonnes of LPG, a cost burden that is being passed directly to already struggling households.

NALPGAM cautioned that if the price spiral isn’t checked immediately, frustrated citizens might revolt against gas station owners. The association also lamented that the crisis is forcing families back to using firewood and charcoal, effectively killing Nigeria’s clean energy progress and driving up food inflation.

As local retail shops begin to report gas shortages, desperate citizens are urging the government to step in before the Sallah holidays kick off.

Option 3: Impact & Consumer-Focused Style

Headline: ‘Nigerian Leaders Don’t Care’ — Consumers Cry Out as Cooking Gas Prices Explode Ahead of Sallah

The joy of the upcoming Eid-el-Kabir festivities is rapidly fading for many Nigerian households as the price of cooking gas experiences a massive pre-Sallah explosion, nearing ₦2,000 per kilogramme nationwide.

Reports indicate that in the South-West and Northern regions, prices have leaped from under ₦1,000/kg to peak between ₦1,700 and ₦2,000/kg. “The government should at least make cooking gas affordable for the masses,” a frustrated consumer named Borokinni stated, accusing leadership of ignoring public welfare.

The crisis has triggered panic within the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM). The leadership revealed that the wholesale price for 20 metric tonnes has reached a staggering ₦26.2 million.

According to NALPGAM, the current price regime is a massive blow to small scale businesses, food vendors, and low-income homes. They warned that the trend is actively reversing Nigeria’s transition to clean energy, as thousands of households are officially reverting to firewood and charcoal due to sheer unaffordability.

With neighborhood depots already facing supply shortages, the public is demanding immediate government intervention to crash the prices before Wednesday’s public holiday.

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Economy

PETROL PRICE PARADOX: Why You Are Still Paying N1,200+ Despite Global Crude Crash.

Published

5 months ago

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June 25, 2026

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Despite a significant drop in global crude oil prices—with Brent falling to $73.14 and WTI to $69.85—petrol prices in Nigeria remain stubbornly high. While global markets have stabilized following the US-Iran conflict, domestic pump prices have barely budged, hovering between ₦1,200 and ₦1,300 per litre.....KINDLY READ THE FULL STORY HERE▶

Although industry insiders argue that ex-depot prices should be closer to ₦700, experts warn that a direct price drop is unlikely. Dr. Ayodele Oni, an oil and gas analyst, explains that in a deregulated market, the naira’s exchange rate is just as critical as the price of crude. He emphasizes that while falling crude prices help, the cost of petrol will only truly stabilize if the naira remains strong, as refined product imports are dollar-denominated. Consequently, relief for the average Nigerian may remain elusive unless both crude prices and the currency improve simultaneously.

Option 2: Accessible and Direct (Best for blogs or general reading)

Global oil prices are nearing pre-conflict levels, but Nigerians aren’t seeing the expected relief at the pump. Even though international oil benchmarks have dropped significantly since the US-Iran tensions cooled, local fuel prices remain stuck at ₦1,200 to ₦1,300 per litre.

Many marketers believe pump prices should be much lower, suggesting a price point closer to ₦700 per litre given current market conditions. However, analysts caution that it isn’t that simple. Because Nigeria’s fuel market is deregulated and reliant on imported refined products, the value of the naira is a major factor. Essentially, even if the price of crude oil falls, the cost of petrol will stay high as long as the dollar remains expensive against the naira. For now, experts believe that significant price relief depends as much on currency stability as it does on global oil trends.

Key Takeaways (Bullet Points)

  • The Disconnect: Global oil prices have returned to pre-conflict levels, yet domestic petrol prices remain high (₦1,200–₦1,300 per litre).

  • The Expectation: Marketers and the public believe current crude prices warrant a drop to around ₦700 per litre at the depot level.

  • The Complication: Experts note that the deregulation of the sector means the naira-to-dollar exchange rate is now a more powerful driver of pump prices than global crude costs alone.

  • The Outlook: Relief for consumers is unlikely to happen based on oil prices alone; it requires a combination of lower crude costs and a more stable naira.

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Economy

UNBEARABLE BURDEN: Nigerians Groan As Cooking Gas Hits Unprecedented ₦2,000 Per Kilogram.

Published

5 months ago

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June 1, 2026

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Despite a significant shift toward domestic production and a drop in imports, the price of Liquefied Petroleum Gas (LPG) has surged to ₦2,000 per kilogram in various parts of Nigeria. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicates that local facilities—including the Dangote Petroleum Refinery—have become the primary suppliers of LPG between April 2025 and April 2026, with daily domestic supply reaching 4,500 tonnes by April 2026. Conversely, imports have plummeted, falling from 1,600 tonnes per day in November 2025 to just 200 tonnes per day by March 2026.....KINDLY READ THE FULL STORY HERE▶

Market Challenges and Consumer Hardship

Even with consistent local output, consumers are facing prohibitive costs and localized shortages, leading many households to abandon gas in favor of charcoal and firewood. Key issues contributing to the crisis include:

  • Supply Chain Barriers: Marketers report that sourcing the product has become increasingly difficult, and they are now paying between ₦25.2 million and ₦26.2 million for 20 metric tonnes of LPG.

  • Economic Impact: The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) stated that these high costs are causing severe hardship for families, food vendors, and small businesses.

  • Policy Setbacks: Stakeholders warn that these trends threaten to reverse years of progress in promoting clean energy adoption and may lead to increased environmental damage.

Infrastructure Progress

While market prices remain high, the Nigerian Gas Infrastructure Company reports that several critical projects designed to improve gas transportation are nearing completion. As of the latest data:

  • The Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project is 93.40% complete.

  • The OB3 River Niger Crossing stands at 93.88% completion.

  • The ELPS Midline Compressor Project has reached 94.45% completion.

  • The Odidi-Warri Expansion Project is 70.28% complete, while the Escravos-Odidi project is in its early stages at 17.49%.

Despite this infrastructure progress, industry experts emphasize that addressing distribution bottlenecks remains essential, as increased domestic production alone has so far failed to lower retail prices for the average Nigerian.

Is there a specific aspect of this situation—such as the infrastructure projects or the marketers’ stance—that you would like to explore further?

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Economy

REVOLUTIONIZING THE SKIES: How Nigeria’s New $7 Billion AfDB Deal Will Transform Air Travel Forever!.

Published

6 months ago

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May 29, 2026

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Nigeria has officially signed a Letter of Intent with the African Development Bank (AfDB) to advance aviation development across the continent. Minister of Aviation and Aerospace Development, Festus Keyamo, formalized the agreement during a dialogue in Brazzaville, Congo, where he served as the African Champion of the AfDB’s Integrated Aviation Transformation Programme.....KINDLY READ THE FULL STORY HERE▶

During the session, Minister Keyamo showcased President Bola Tinubu’s “Renewed Hope Agenda,” emphasizing the need for capital to support key infrastructure and the newly established Nigeria Aircraft Leasing Company. To attract this investment, the Minister highlighted Nigeria’s recent regulatory reforms, including the domestication of the Cape Town Convention and updates to insurance frameworks. In response, AfDB President Dr. Sidi Ould Tah pledged the bank’s support for the programme, signaling a shared commitment to strengthening aviation finance and infrastructure throughout Africa.

Nigeria Moves to Boost Aviation Sector Through AfDB Partnership

Nigeria has taken a major step toward modernizing its aviation industry by signing a Letter of Intent with the African Development Bank (AfDB). Aviation Minister Festus Keyamo, representing the country in Brazzaville, Congo, utilized the platform to present Nigeria’s aviation roadmap under President Tinubu’s “Renewed Hope Agenda.”

A core focus of the discussion was the Nigeria Aircraft Leasing Company, which is expected to improve aircraft financing for local operators. Minister Keyamo assured stakeholders that Nigeria is ready for increased investment, citing significant reforms such as the domestication of the Cape Town Convention and modernized insurance policies. The AfDB has signaled strong support for these initiatives, agreeing to collaborate on the Integrated Aviation Transformation Programme to drive sustainable growth for Nigeria and the wider African aviation market.

Option 3: Short & Punchy (Best for social media or newsletters)

Nigeria is accelerating its aviation growth through a new partnership with the African Development Bank (AfDB). Aviation Minister Festus Keyamo recently signed a Letter of Intent in Brazzaville to unlock funding for the sector, specifically targeting the new Nigeria Aircraft Leasing Company. By implementing key reforms—like the domestication of the Cape Town Convention—Nigeria is positioning itself as a hub for aviation investment. The AfDB has officially pledged its support, marking a key milestone in efforts to modernize air travel infrastructure across the African continent

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