Ekpo to Nigerians: LPG Price Hike Not Policy Failure, Supply to Stabilize Next Month

The Federal Government has reassured Nigerians that the recent increase in Liquefied Petroleum Gas, LPG, popularly known as cooking gas, will not threaten long-term supply or affordability.

In a statement signed by Louis Ibah
Spokesman to the Minister of State Petroleum Resources (Gas) said the Minister of State Petroleum Resources (Gas), Hon. Ekperikpe Ekpo gave the assurance  while addressing public concerns over rising LPG prices.

Ekpo in the release said the price adjustments are caused by foreign exchange volatility, higher logistics costs, infrastructure constraints, and fluctuations in international LPG prices.

“These factors should not be misinterpreted as evidence of policy failure,” he stated, stressing that government commitment to reliable, affordable gas supply remains firm.

The Minister said his directive that all LPG produced in Nigeria be prioritized for domestic consumption has already strengthened supply, reduced import dependence, and improved market resilience.

He confirmed that no producer is exporting LPG volumes designated for local use, as regulatory measures remain in place to protect the domestic market.

*NMDPRA to engage stakeholders, Seplat facility to boost supply*
To stabilize the market, Ekpo has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, to intensify engagement with producers and marketers. Marketers have committed to increasing import volumes to complement local production.

He added that the commencement of LPG deliveries from the new Seplat gas facility in July will “significantly boost national supply.”

“The outlook for LPG supply remains positive, and the Federal Government will continue to pursue measures that enhance availability, affordability and long‑term energy security for Nigerian consumers,” the Minister said.