FG Moves To Increase Access to Cooking Gas As Dealers Release New Price List for 5kg, 12.5kg
- The Nigerian government is determined to increase access to cooking gas for households and also make it cheaper
- The latest move is the launch of WAGL Energy Limited, which has increased its LPG fleet capacity to 162,000 cubic meters
- WAGL Energy Limited is a joint venture of the Nigerian National Petroleum Company (NNPC) Limited and Sahara Group
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
In a move that represented Nigeria's commitment to deliver clean and deepen access to cooking gas, President Bola Ahmed Tinubu has commissioned the WAGL Energy Limited's 40,000 cubic metres (CBM) Liquefied Petroleum Gas (LPG) vessel, christened "MT Iyaloja (Lagos).
With this addition, WAGL’s fleet now comprises five LPG carriers, including MT Africa Gas, MT Sahara Gas, MT BaruMK and MT Sapet and total capacity of 162,000 cubic meters.
Source: Twitter
President Bola Ahmed Tinubu, represented by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, described the development as proof of Nigeria’s commitment to clean and sustainable energy solutions, both locally and across Africa.
He commended NNPC, Sahara Group and WAGL, saying:
“This shows our strategic foresight and dedication to making LPG the dominant household fuel across Nigeria and Africa."
Also speaking, Bayo Ojulari, NNPC’s group chief executive officer, noted that the expansion aligns with the federal government’s gas-driven economic agenda.
He disclosed that WAGL had delivered over six million metric tonnes of LPG across West Africa in the last five years.
Temitope Shonubi, WAGL’s chairman and Sahara Group executive director, said the addition of MT Iyaloja reflects the company’s long-term vision of bridging Africa’s critical energy infrastructure gap.
The vessel was named in honour of Alhaja Abibatu Mogaji, the late mother of President Tinubu, with the ribbon-cutting performed by her granddaughter, Folasade Mujidat Tinubu-Ojo, Iyaloja-General of Nigeria.
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WAGL Managing Director, Mohammed Sani Bello, said the company is already planning further expansion, including the acquisition of a Small Gas Carrier and a Very Large Gas Carrier (VLGC) in the next two years, a move expected to boost distribution and help moderate prices nationwide.
Source: Getty Images
Why is it important?
The fleet expansion strengthens LPG supply, but the immediate challenge remains stabilising retail prices.
Latest data from the National Bureau of Statistics (NBS) showed that cooking gas prices further increased in June 2025.
The average retail price for refilling a 5kg cylinder rose by 1.92% month-on-month to N8,323.95 in June from N8,167.43 in May, and by 19.49% year-on-year from N6,966.03 in June 2024. Delta recorded the highest average price at N9,243.38, while Oyo posted the lowest at N7,100.
For a 12.5kg cylinder, the average price climbed 1.46% month-on-month to N21,010.56 in June from N20,709.11 in May, and surged 33.52% year-on-year from N15,736.27 in June 2024. Delta also topped the list at N23,108.44, while Yobe recorded the lowest at N19,000.
Regional data showed the South-South zone paying the highest average for both 5kg (N8,871.63) and 12.5kg (N22,179.08) refills, while the South-West recorded the lowest with N7,960.42 and N20,402.42, respectively.
Companies announce free 3kg, 6kg cooking gas cylinders
Earlier, Legit.ng reported that Women in Energy Network (WIEN), in collaboration with Smart Gas Limited, is looking to share free cooking gas.
The group plans to reach 500,000 homes and distribute 100,000 units of 3kg and 6kg gas cylinders to households across the 774 LGAs.
The objective is to enhance the use of cooking gas throughout Nigeria.
Source: Legit.ng
