FG Calls Emergency Meeting Over LPG Hoarding, Cooking Gas Prices

The Federal Ministry of Petroleum Resources has called an emergency stakeholders’ meeting to address rising Liquefied Petroleum Gas prices, hoarding and diversion of cooking gas to neighbouring countries.

The meeting brought in security and enforcement agencies, including the Department of State Services, the Economic and Financial Crimes Commission and the Nigeria Police Force.

Channels TV and Premium Times reported that the Nigerian Midstream and Downstream Petroleum Regulatory Authority said the meeting was called after recent pressure on cooking gas prices and supply.

NMDPRA said the discussions focused on market monitoring, enforcement against malpractice, storage and distribution infrastructure, domestic production, product tracking and better market data.

The regulator also said national LPG supply sufficiency had improved from 11 days to 22 days, while average daily supply rose from 4,262 metric tonnes in May 2026 to 5,040 metric tonnes in June.

Premium Times reported that cooking gas prices had climbed in parts of the country, including about N2,000 per kilogramme in Lagos and more than N1,600 per kilogramme in parts of Abuja. Those figures should be read as outlet-reported market prices, not a single national rate.

Sources: Channels TV, Premium Times