₦airaland Forum

smallsmall:
It shows how much our Leaders despise us, as Nigerians.
Exporting our Gas to Europe gives them more foreign currency to loot, they dont care about the suffering of Nigerians.

They tell us to use Gas to cook, to convert our vehicles to Gas, but will not provide the adequate amount of Gas we need.

Petrol we cannot afford
Gas we cannot afford
Kerosine, we cannot afford
Electricity, not available and unaffordable
Diesel, we cannot fford

What then is the essence of these people who rule us and fed fat on our resources?
Use your Voters Card properly in January 2027 otherwise, l dont want to see any premium tears from anybody.
You deserve the Leader you Elect.

Let's say the fact about who to vote..

So you mean obi is more versatile than Tinubu
Ob I is more intelligent 🤓
Obi will perform more better
Obi will return subsidy
Obi will bring more gas to the country
Obi will lessen fuel price
Food will crash by obi 😂

Between Atiku and obi

None of them still have an edge to win even if he failed to perform better as people expected ...

TheMensch:
Una don come to explain and defend rubbish. Why is demand for gas more than supply? Crude don finish abi they don bomb the refineries? Una just wan increase the price to gain more profit. Make una leave all these plenty talk.

Isn't it obvious that more people are now using gas?

And the country is on auto pilot with a brain dead president who can do nothing about this

PulaPower:
It’s not lacking gas..

This is the problem.. Financial Vanguard findings showed that some producers are focused on exporting the product rather than meeting domestic demand.

Some producers prefer to export gas, rather than sell here in Nigeria, because of more profit..

Ebenezer2021:
you've been trolling on this forum.
I'm watching you

Lol
Thunder wey go fire you ...

Gotocourt:
Israel vs Iran war. Qatar and Saudi LPG is amongst top suppliers and it has been attacked while shipping lanes is blocked. Export is more profitable for Bonny and Dangote than local demands 🤷🏿.

Exactly my point , export is more profitable for them this time than let it stays ..

₦1,000 is losing value big time

I buy 1600 pa kg for kwale

Bobloco:
•As domestic demand outstrips supply

•Producers stick to export market

•Dealers give catalogue of constraints

•Outlook remains uncertain —Industry Experts


Despite holding Africa’s largest proven gas reserves and recording rising gas production, household and industrial consumers are now faced with significant shortages of Liquefied Petroleum Gas, LPG, also known as cooking gas.

The development is also putting pressures on retail prices of the product.

Financial Vanguard findings showed that some producers are focused on exporting the product rather than meeting domestic demand.

Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showed that 62 per cent of the total gas output in the first two months of this year was exported, leaving only 38 per cent for domestic market.

Industry analysts said the lopsided supply, which had been in place during the years most Nigerians were not using gas for cooking, can no longer continue, adding that the supply structure was now destabilising domestic market.

Rising demand overshoots domestic supply


Financial Vanguard findings showed that demand has continued to outpace supply, according to the latest industry report, titled ”Nigeria LPG Production & Supply Matrix (2023-2026)”.

According to the report, estimated national consumption of cooking gas increased by 20 per cent to 1.8 million metric tonnes in 2026 from 1.5 million metric tonnes in 2023, while estimated national supply rose to between 1.55 million metric tonnes and 1.65 million metric tonnes in 2026.

This shortage is coming against the backdrop of increased production arising from the entry of Dangote Refinery into the supply end.

The report stated further: “The Nigerian LPG market has undergone a major structural transformation between 2023 and 2026. Historically dominated by imports and Nigeria LNG Limited, the market is increasingly being supplied by domestic gas-processing plants and refineries, particularly Dangote Petroleum Refinery, inland gas processors and NNPCL-linked facilities.”

The figures indicate that demand growth is outpacing supply expansion, despite rising domestic production and increased investment by major operators.

As a result of this supply-demand gap, retail prices in many parts of the country are now between N1,700 and N2,000 per kilogramme, up by over 80 per cent from average N1,100 in the first quarter of this year.

The dealers are saying the increases would continue in the months ahead as key problems cannot be resolved in short term.

Catalogue of constraints

The report warned that “cylinder penetration remains low. Distribution infrastructure remains inadequate. Marine terminal bottlenecks persist. Trucking costs significantly affect final retail prices. Exchange-rate volatility still influences imported LPG pricing.”

Experts give further insight

Despite the efforts of domestic suppliers, a review of reports by the NUPRC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, showed that supply remains hindered by poor gas infrastructure, export priority over domestic supply, weak domestic gas pricing frameworks, insecurity and pipeline vandalism, inadequate investment, rising demand, foreign exchange volatility, limited storage capacity, regulatory inconsistencies and continued gas flaring.

An industry leader who pleaded anonymity, said: “Nigeria lacks adequate gas gathering, processing, storage and transmission infrastructure needed to move gas efficiently from production fields to consumers.

“This means that large volumes of gas produced in remote oil fields cannot be evacuated due to insufficient pipelines, processing plants and distribution networks.

“Many producers prefer exporting gas through LNG projects because export markets offer more attractive pricing and stable foreign exchange earnings than the domestic market. As a result, domestic consumers often struggle to access sufficient supply.

“Persistent crude oil theft, vandalism and insecurity in the Niger Delta continue to disrupt gas production and transportation. Attacks on pipelines and related facilities often force operators to shut down production, thereby reducing supply to domestic users.

“The gas sector requires billions of dollars in long-term investment, but uncertainty in policy implementation, regulatory bottlenecks and foreign exchange challenges have slowed capital inflows. Many critical gas projects have suffered delays or remain undeveloped.

“Domestic demand for LPG and natural gas has risen significantly due to population growth, urbanisation and government campaigns encouraging households to shift from firewood and kerosene to cleaner fuels. However, supply expansion has not kept pace with increasing demand.

“The depreciation of the naira has sharply increased the cost of imported LPG and gas-related equipment. Since Nigeria still imports a portion of its LPG requirements, exchange-rate instability directly affects pricing and availability.

“Nigeria’s LPG storage capacity remains inadequate compared to growing consumption levels. Insufficient coastal and inland storage facilities create supply disruptions whenever there are logistics delays, import challenges or production interruptions.

“Frequent policy changes, multiple regulatory agencies and implementation delays continue to create uncertainty in the sector. Operators say inconsistent fiscal terms and unclear regulatory frameworks discourage long-term planning and investment.”

He further stated that despite repeated commitments to end gas flaring, Nigeria still flares significant volumes of associated gas that could have been processed for domestic consumption.

Untold hardship for households, businesses

In their joint response, Barrister Edu Inyang, National President, Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGMA), and Bassey Essien, Executive Secretary of the association, said: “This sad situation has brought untold hardship to millions of Nigerian households, small businesses, food vendors and low-income families who rely on LPG for daily cooking and livelihood.

“It is worrisome that the current situation is eroding the substantial progress made by the government in promoting clean energy usage in the country.

“Our members across the country face challenges sourcing LPG due to persistent supply shortages, high depot prices, logistics bottlenecks and rising operational costs.

“We observe that where the product is available, it is sold at rates far beyond the reach of average Nigerians.

“The current crisis is undermining years of progress achieved through federal government policies, public-private investments and awareness campaigns aimed at deepening LPG penetration and promoting clean cooking energy as a safer alternative to kerosene, charcoal and firewood in Nigeria.

“Many families are reverting to firewood and charcoal, despite the serious implications for public health, environmental degradation and deforestation.

“If urgent and coordinated action is not taken immediately, the current crisis could worsen food inflation, trigger job losses, reduce investor confidence and undermine Nigeria’s clean energy and climate commitments.”

They also called on “the Federal Government, the Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, NNPC Ltd, domestic producers, terminal operators, international suppliers and all critical stakeholders in the LPG value chain to take urgent and coordinated steps to stabilise the market before the situation deteriorates further.”

Outlook remains uncertain

In an interview with Financial Vanguard, the National President of the Oil and Gas Service Providers Association of Nigeria, OGSPAN, Mazi Colman Obasi, said: “The outlook is not bright in the short and medium term for several reasons.

”First, the problems, especially poor infrastructure and limited investment, cannot be addressed easily. Second, they require huge capital and much longer timeframes to resolve.

“Other issues such as insecurity and pipeline vandalism, foreign exchange volatility, limited storage capacity, regulatory inconsistencies and continued gas flaring also require resilience, commitment and long-term policy consistency.”

Another industry expert warned that unless Nigeria aggressively addressed infrastructure deficits, improved domestic supply incentives and strengthened investment conditions, the country might continue to experience gas shortages, despite its enormous reserves and production potential.

He said: “The combined contribution of NLNG, Dangote, Kwale Hydrocarbon, NPDC Ologbo, Pan Ocean, Seplat, PNG Gas, Greenville and other processors has significantly boosted Nigeria’s cooking gas output.

“Nigeria now has the technical capacity to become largely self-sufficient in LPG supply, but additional gas-processing projects must be brought on stream, domestic gas infrastructure must be expanded, more storage terminals must be commissioned and the nation’s LPG adoption policies must be sustained.”

Analysts warned that unless Nigeria rapidly expanded gas-processing infrastructure, storage capacity and domestic supply incentives, the country might remain trapped in cooking gas poverty, despite its enormous gas wealth.

Data obtained from the National Bureau of Statistics indicated that the price of cooking gas rose by 335 per cent to N1,741 per kilogramme in 2026 from N400 per kilogramme in 2016, driven by limited supply and other market forces.

A breakdown showed that the price of the product increased to N500 per kilogramme in 2017 from N400 per kilogramme in 2016.

The data also showed that the price further rose to N600, N680, N800, N950, N900, N1,000, N1,450, N1,630 and N1,741 per kilogramme in 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 and 2026, respectively


https://www.vanguardngr.com/2026/06/why-cooking-gas-will-remain-scarce-expensive-2/

TenderManiac:
In other words, the price hick is artificial. It was created by the rich to choke the poor.

Exactly bro..

It was what they usually do with petrol until subsidy was removed

CodeTemplar:
A nation building pipeline to europe is lacking gas.

Beyond comprehension I tell you.

Of what economic value would a Country export 62% of its Liquefied Purified Gas (LPG) and reserve a meagre 38% for its population of over 240 million for domestic consumption.
Okay! After the whole export where are the moneys? Nothing to show. What exactly is the job of the economic team. Naija my country. I refilled my gas cylinder at the cost of N1800 per kg. This is same 12.5kg cylinder I filled with N5.00 in the year 1990-1995

Rising demand overshoots domestic supply

CJStarz:
In Nigeria, anything that goes up never comes down

That’s not true.

Petrol price came down during PDP’s prosperity period of peace and stability, to the extent that All Promises Cancelled, APC told us that petrol should NEVER go above N70.

Have you bought petrol at this price or lower in the last 11 years

anonimi:
Petrol should never cost more than N70 per litre, says APC

January 19, 2015

The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.

On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.

But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.

It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.

https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

PulaPower:
Exactly bro..

It was what they usually do with petrol until subsidy was removed

Are you sure this subsidy was removed?

If it was removed then why is Tinubu borrowing more than Buhari and PDP presidents who gave us cheap petrol, cheap dollars, widespread prosperity, peace and stability?

Any idea what this paradox is about

ManirBK:
Aug 28, 2023

The Federal Government says it has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.

The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this at the end of the inaugural Federal Executive Council meeting on Monday in Abuja.

He said that the benefit of the subsidy removal would be ploughed back into various sectors aimed at boosting government revenue and improving the business environment for local and foreign investment.

Edun said that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.

He reiterated the President Bola Tinubu-led administration’s desire to bring back the economy from the wood it has found itself over time.

https://www.vanguardngr.com/2023/08/fg-ends-borrowing-finance-minister/amp/

Vultures in government

PulaPower:
It’s not lacking gas..

This is the problem.. Financial Vanguard findings showed that some producers are focused on exporting the product rather than meeting domestic demand.

Some producers prefer to export gas, rather than sell here in Nigeria, because of more profit..

so what exactly is now the essence of govt?
is govt not supposed to regulate the sector?
or tinubu is even looking for a way to exploit Nigerians the money.

u people sha go defend anything forgetting Tinubu is not our first president and he wont be the last

So there are problems and those unserious stakeholders were screaming Monopoly when dangote took a step......greed.

/
I challenge anyone to name one thing that Tinubu stabilized in the last 3 years. It seems that God sent him as a plague on Nigerians with the intent to steal, kill and destroy.

The primary purpose of government in Nigeria is to frustrate citizens.

/

Effect of a Muslim/Muslim ticket, they are out to kill everyone.

The number one reason is more valid. Tinubu should eat his humble pie by opening the Nigerian-Niger border to allow Niger resume the unfettered gas supply to the Nigerian market as usual for the sake of the masses . The border closure had really contributed to the price hike snd economicwoes we'refacing today. Niger used to account for about 70% of the Nigerian gas supply because our gas is mainly for export.

This regime is an enemy of the masses

Doesn't the force of gravity work in Nigeria?

TheMensch:
Una don come to explain and defend rubbish. Why is demand for gas more than supply? Crude don finish abi they don bomb the refineries? Una just wan increase the price to gain more profit. Make una leave all these plenty talk.

TenderManiac:
In other words, the price hick is artificial. It was created by the rich to choke the poor.

So the prices of natural gas and crude oil increasing in the global due to Middle East crisis where also artificial?

We are in for a very long thing in this country..

All what poor masses benefits are been hijacked and made difficult for the poor masses to access at cheaper rate.

No sane country prioritize export pass his domestic consumers. Nigeria is the opposite, no regulations and no good policies and monitoring

CodeTemplar:
A nation building pipeline to europe is lacking gas.

Be sincere with yourself, are you lacking gas or suffering from high prices of gas?

TheMensch:
Una don come to explain and defend rubbish. Why is demand for gas more than supply? Crude don finish abi they don bomb the refineries? Una just wan increase the price to gain more profit. Make una leave all these plenty talk.

In 2026, you still believe the fairytales of demand and supply for a physical product?

MaziObinnaokija:
Then BRING BACK OUR KEROSENE

When last do you check the price of kerosene?

Did you not understand what you just read?. Clearly, the export market is lucrative which makes the pipeline even more important. It will increase investors and producers and we may even make more than what we make in crude since you cannot steal and pipe it off like crude

Please, you all should stay in school before criticizing the Govt.

CodeTemplar:
A nation building pipeline to europe is lacking gas.

PulaPower:
It’s not lacking gas..

This is the problem.. Financial Vanguard findings showed that some producers are focused on exporting the product rather than meeting domestic demand.

Some producers prefer to export gas, rather than sell here in Nigeria, because of more profit..

Buying and selling takes place where the buyers has the purchasing power to buy what they what. Since the government and Nigerians believe that subsidy is free money for the rich, the same product the government refuse to subsidy will always be sold to countries where government subsidizes because there citizens has the purchasing power.

He knew people like u would come for him...to whom much is given,much is required,,Obi and the rest no dey up,but Tinubu dey up,and hence people one and all would always call him out. Why are u weeping for him my friend? And one who take on the mantle of leadership stands to be commended when his policies are working and equally stands to be criticized when his policies are deficiently ineffective...abeg make we dey talk true

IamCookie:
I do not think that you read the information well before trying to impress your fellow Obidients. Long-term and consistent investment and policy direction is required , not Tinubu looking away . Who cares about the tribe you come from ? Hardly will you see a Southeasterner come here to criticize Peter Obi and then say , before you nail me , I am an Igbo man from Abia State and then conclude due to no detailed information, that he is a bad candidate.

KillahPriest:
"...Industry analysts said the lopsided supply, which had been in place during the years most Nigerians were not using gas for cooking, can no longer continue..."

BULLSHXXT

This looks more like it

"...Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showed that 62 per cent of the total gas output in the first two months of this year was exported, leaving only 38 per cent for domestic market..."

Economic sabotage if I may say, the local market must as a matter of policy be serviced first of all before international market so, what's going on ? We export out then still import at considerable cost to make up shortfalls. Weird country

Economic Sabotage?
Do you expect gas companies to force a product that majority of Nigerians can no longer afford on them?
Are Nigerians are too quick that Tinubu promised to reduced there purchasing power during his electoral campaign?

Vote Tinubu in 2027 presidential election!


Una go explain tire!

Gas in 2027 go be N5000 per kg.


Una go learn new thing.

Who told you is expensive? 450# per kg in ogbomosho market or use your APC membership card to any MRS filling station is 600# per kg