This information was shared by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in their Factsheet report for November 2025, released yesterday.
The report also indicated a significant decline in the nation’s consumption, which dropped by 34.5% to 3.992 metric tonnes per day in November, compared to 6.095 metric tonnes per day in October.
According to findings, the decrease in consumption was linked to a surge in cooking gas prices from October to mid-November. Gas marketers reported having a backlog of unsupplied products and noted that supply was disrupted due to ongoing disputes between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote, leading to the shutdown of gas facilities by the union.
As a result of the scarcity caused by the dispute, consumers faced higher prices for cooking gas, with prices at gas plants ranging from N1,600 to N2,000 per kg, while retailers offered it at prices between N2,500 and N3,500. This situation prompted many consumers to engage in panic buying, driven by fears of further price hikes.
The agency’s report also highlighted that the average daily supply during this period was 4.9 metric tonnes, with the average daily consumption for the month recorded at 3.9 metric tonnes. Additionally, it noted that the retail price range for LPG per kg was between N950 to N1,500.
Gas supply increased by 11% to 5.0 metric tonnes per day in November 2025, up from 4.5 metric tonnes per day in October.
