The Federal Ministry of Petroleum Resources has convened an emergency stakeholders’ meeting involving the Department of State Services (DSS), the Economic and Financial Crimes Commission (EFCC), the Nigeria Police Force, and key industry players to address the rising cost of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, as well as concerns over product hoarding and cross-border diversion.

The engagement, organised in collaboration with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), brought together regulators, producers, marketers, terminal operators, and industry associations to identify the factors driving recent price increases and agree on measures to improve supply, affordability, and market stability across the country.

Speaking at the meeting, the Permanent Secretary of the Ministry of Petroleum Resources, Patience Oyekunle, described LPG as a critical energy source for households and an important component of Nigeria’s energy transition agenda. She noted that rising cooking gas prices are placing additional pressure on families and increasing the cost of living, stressing the need for coordinated efforts to ensure affordable access to the product.

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed that President Bola Ahmed Tinubu has expressed concern over the impact of rising LPG prices on Nigerians and directed relevant agencies to take proactive measures to address the situation. He emphasised the importance of improved supply, efficient logistics, better infrastructure, and transparent pricing mechanisms to guarantee sustainable relief for consumers.

Also speaking, the Authority Chief Executive of NMDPRA, Mallam Rabiu Umar, attributed part of the price challenge to high landing costs but expressed optimism that ongoing interventions would begin to ease market pressures. According to the Authority, national LPG supply sufficiency has improved from 11 days to 22 days, while average daily supply increased from 4,262 metric tonnes in May 2026 to 5,040 metric tonnes in June 2026.

Stakeholders at the meeting pledged support for government efforts and agreed on measures including stronger market monitoring, stricter enforcement against malpractice, expansion of storage and distribution infrastructure, increased domestic production, enhanced product tracking systems, and improved collaboration across the value chain. The Minister subsequently directed all stakeholders to implement the agreed measures immediately to improve supply, reduce inefficiencies, and ease price pressures nationwide.