The price of cooking gas has remained high despite the suspension of the strike action by the Petroleum and Natural Gas Senior Staff Association of Nigeria last week.
The National Association of Liquefied Petroleum Gas Marketers has assured Nigerians that the ongoing scarcity, which triggered widespread price increases, would ease in the coming days as supply stabilises.
Many households, especially women in the South-West, have been forced to buy gas at prices ranging between N1,300 and N1,600 per kg since last week when PENGASSAN shut down major gas facilities in protest over the dismissal of 800 workers by the Dangote refinery.
The price had previously been below N1,000 per kg before the strike began.
Several gas stations have reportedly run out of stock, while the few that still had supply as of Sunday experienced long queues.
According to the National Association of Liquefied Petroleum Gas Marketers, the shortage has been mostly confined to the South-West and was caused by maintenance activities at the Dangote facility, compounded by the strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria.
“The scarcity is not nationwide. Gas is available in the South-South and East, but the South-West experienced shortages due to recent disruptions.
Maintenance was carried out at Dangote, and immediately after that, PENGASSAN embarked on strike, which delayed vessels carrying gas from NLNG. Now that terminals have resumed trucking, the backlog will take two to three days to clear,” Oladapo said.
Dangote has reportedly started issuing pro forma invoices to off-takers and resumed trucking products, a move expected to help stabilise supply shortly.
Industry experts explained that the three-week halt in Dangote’s sales created a supply gap, leading to panic buying and steep price increases.
“Dangote only resumed selling on Wednesday, after being out of the market for about three weeks. Importers also stayed away, claiming it was difficult to compete with Dangote’s lower pricing. This created a supply vacuum.
Scarcity always comes with a price hike, and retailers took advantage,” Jeremiah said.
As of Wednesday, Dangote was selling LPG at N810 per kg, while other depots, including Ardova and Nipco, offered the product at N910–N920 per kg, reflecting a price gap of about N100 per kg.
In Abuja, retail outlets sold cooking gas for as much as N1,400 per kg. A retailer in Kuje confirmed switching to alternative suppliers due to prolonged delays at their usual depot.
“Gas is now both expensive and scarce. We’ve had to buy from new suppliers since our usual depot could not meet demand,” the retailer lamented.
Marketers believe that Dangote’s return to the market and continued trucking from depots will restore supply nationwide within one to two weeks and have urged consumers to remain patient.
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