News
Hunger looms as cooking gas scarcity hits Lagos, Kano, Katsina, others
Hunger looms as cooking gas scarcity hits Lagos, Kano, Katsina, others
Liquefied petroleum gas, often known as cooking gas, is in short supply in Lagos and other parts of the country.
According to our correspondents, the following states are also affected: Katsina, Sokoto, Delta, Kaduna, and Kano.
The commodity’s price has been steadily rising since late last month, resulting in a constant rise in pricing.
It was earlier reported how gas terminal owners increased price by 66 per cent in October alone. Price of 20 metric tons of cooking gas rose from N10m at the beginning of last month to N16 million as of late last month despite NLNG currently supplying 20MT of cooking gas to them at N9m.
Market survey carried out by The PUNCH over the weekend, revealed that 12.5kg of cooking gas now sells for between N13,500 and N14,000 at the black market.
Some of the traders said that gas plant owners now sell to them at between N1100-N1200 per 1kg as they could not access enough quantity.
As of June, the price of 12.5kg was around N8, 700. In September price rose to N10, 200, and as of Saturday, price had again risen to between N13, 500-N14, 000.
In a chat with President, the Nigerian Association of Liquefied Petroleum Gas Marketers, Oladapo Olatunbosun on Sunday, it was learnt that there is currently not enough cooking gas in Lagos state.
“In my own gas plant, I sell at N950 per 1kg. So, by all means, the masses should try not to patronise those that don’t have gas plants because they will also add their profit. Those people are also part of the problem we are facing in the country.
Our correspondent in Katsina also reported scarcity of cooking gas in the state.
READ ALSO:
-
Heavily armed sea pirates kill seven NSCDC personnel in Rivers
-
39-year-old lady commits suicide in Lagos
-
Tinubu’s Appointments: North has no right to complain – Northern forum
According to findings, the scarcity was first observed about two weeks ago as several small retailers complained of non-availability. Investigation has also shown that a kilogram of cooking gas goes for nothing less than N1, 400 in the state. No official reason had been given for the scarcity.
Scarcity of cooking gas has also been noticed in Sokoto State metropolis in the last few days, leading to prices being increased indiscriminately.
Our correspondent in Kaduna reported that residents were spotted carrying their cylinders in search of the commodity as of Sunday. Findings showed that a retail price of 5 kilogram went for N5, 500.
In the neighbouring Kano state, our correspondent disclosed that the resurfacing of scarcity of cooking was noticed, as residents are engaging in panic buying of the commodity.
An investigation by The Punch showed that following the resurfacing of the scarcity, marketers have jerked up the prices as kilogram of cooking gas is now being sold at N850 in some filling stations while others sold it between N900 and N950 per kilogram.
However, long queue of buyers are now common feature at most of filling stations dispensing the commodity.
At other outlets (black market) the price is between N1,110 per kilo and N1200 per kilo.
In Delta State, investigations by our correspondent in Warri and Effurun metropolitan cities show that the price of cooking gas has shot up to N1,100 per kg as of Sunday, 5th November, 2023.
The commodity was selling at N800 per kg in October in the twin cities.
When questioned on the rationale for the price increase, a popular gas dealer in Warri identified as Mr. Igho, could not ascertain the cause.
When contacted, an official in the Public Communications Department of the Nigeria Gas Company, Warri, who sought for anonymity, because he was not authorized to speak with the press, declined to comment on the issue.
“It is not in my position to engage the press the way the new NNPCL is structured”, he simply told our correspondent.
Meanwhile reports from Abuja and Kwara showed that consumers are not experiencing scarcity though prices remain high.
READ ALSO:
-
Davido buys Chioma $900000 mansion in Atlanta as a gift for giving him twins
-
Kogi 2023: SDP denies merging with ADC
-
Many killed as Russian missiles hit soldiers at ceremony – Ukrainian officials
In Abuja, a resident of Karu, in AMAC Area Council of Abuja, Roy, told our correspondent that while there was no scarcity of cooking gas in his vicinity, his experience was a mix of liquefied gas and pure gas, which no longer lasted as long as it used to.
“So for me, the problem I’m having is it liquefies. So insted of having the normal gas, you end up with like seventy percent gas, and thirty percent liquid that’s inside the cylinder, for whatever you buy.
So initially we were not even aware, until we noticed that when we shake the cylinder, it’s always leaving the liquefied part under. So it ends within like two or three weeks before the normal period when it should last”, he said.
Another resident, Sandra, told our correspondent that there was no scarcity of cooking gas, but noted that it had become expensive.
“I bought gas today at Abacha road in Mararaba. 12.5kg for N13,500. I wouldn’t say there is scarcity, just that it has become expensive”, she said.
Agreeing, another Kubwa resident, Cecilia, said, “It’s not scarce in my area, there’s just a price increase. I bought last Wednesday at N1000 per Kg. Plus it doesn’t last as long as it used to”.
Punch investigation in Kwara, however showed that the commodity is available in most of the filling stations.
A dealer operating an outlet at Gaa Odota in Ilorin identified as chief Sunday Oladele told Punch correspondent that gas was available at his outlet adding that a kilogram was being sold at N1,200.
“Cooking gas is available in Kwara state. I have it in my outlet which I sell at N1,200 per kg. We have not experienced scarcity in Kwara. There is also gas at Ogbomoso in Oyo state where I have another outlet and it is being sold at N1,100 per kg.
The Nigerian Liquefied Natural Gas Limited currently supplies the market 70 per cent of the cooking gas being consumed in-country, according to Olatunbosun.
There are claims that Nigeria had the fastest growing LPG sector in the world with a projected LPG market size of $10bn, as the annual per capita consumption of LPG had risen from 1.8kilogramme in 2015 to 5kg in 2021. According to the Petroleum Products Pricing Regulatory Agency, domestic consumption of cooking gas exceeded 1 million MT in 2020. It said the consumption rate made 2020 the first year in the nation’s history when LPG consumption reached the 1 million MT thresholds.
READ ALSO:
- BREAKING : IGP redeploys Imo Police Commissioner days after attack on NLC President
-
US election : Trump leads Biden in 5 vital swing states – New polling finds
-
Monarch in trouble for allegedly raping, infecting girl with HIV
Olabosun also told our correspondence that prices of cooking gas would have further increased from N16m for 20MT to N18m were it not for the alarm raised by gas plants owners over rising prices.
“As a matter of fact, prices would have further exploded more than it is now if not for the noise that we have been making. But prices are beginning to reduce at standard gas plants. It shouldn’t be more than N1000 per 1kg, and it will continue to go down,” he added.
A source told our newspaper on Sunday that the Federal Government had summoned the Nigerian Midstream and Downstream Petroleum Regulatory Authority over rising prices.
“The Federal Government summoned the NMDPRA in October and reinstated its mandate at bringing sanity to the market. So, all things being equal, prices of cooking gas would begin to come down any moment,” the source who asked not to be named as he was not authorised to speak on the matter told The Punch on Sunday.
Olatunbosun had in September warned that the price of 12.5kg could rise to N18,000 by December if the FG does not step in to checkmate the activities of the terminal owners.
“There is a ridiculous hike in gas prices going on right now, and I am afraid that if the federal government does not step in to checkmate the activities of these terminal owners, prices could reach as high as N18 million per metric ton by December. This means that a 12.5kg could go as high as N18,000,” he told The PUNCH.
According to him; terminal owners were “hiding under the guise of high foreign exchange to increase price to further increase the suffering of the masses,” he said, adding that there was no justification for the increment.
In response to our claims, terminal owners however, debunked the allegations, and blamed the rising prices on forex and increasing prices of crude oil at the international market.
Hunger looms as cooking gas scarcity hits Lagos, Kano, Katsina, others
(Punch)
![]()
News
Tinubu Suspends Three Permanent Secretaries, Orders Arrest Over Fake Agency in SGF Office
Tinubu Suspends Three Permanent Secretaries, Orders Arrest Over Fake Agency in SGF Office
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) uncovered the “National Brands Development and Made-in-Nigeria Special Project Office,” which allegedly operated without presidential approval within the Office of the Secretary to the Government of the Federation. The President has ordered the immediate arrest of the agency’s promoter and the suspension of three top civil servants.
President Bola Tinubu has ordered the immediate suspension of three permanent secretaries and directed the arrest of the promoter of a newly uncovered fake government agency operating within the premises of the Office of the Secretary to the Government of the Federation (OSGF). The discovery was announced on Friday by the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu, SAN, during a briefing with State House correspondents at the Presidential Villa, Abuja.
The illegal entity, identified as the National Brands Development and Made-in-Nigeria Special Project Office, was found to have been allocated office space within the OSGF complex without presidential authorisation and in violation of existing regulations. The ICPC chairman explained that the discovery was made during the commission’s broader investigation into the earlier uncovered fake Presidential Foreign Intervention Promotion Council (PFIPC) and other procedural weaknesses in the public service.
READ ALSO:
- Troops Arrest Female Gunrunner, Recover AK-47 in Plateau
- Why Atiku’s subsidy gambit rattles Tinubu, By Farooq Kperogi
- Tinubu’s order: EFCC lifts freeze on Osun government accounts
According to Aliyu, the fake agency was promoted by Prince George Buchi Nwabueze, who was found to have allegedly operated under several variations of his name, including George Nathan, George Nathan Nwabueze, Honourable George Buchi Nwabueze, and George Nwabueze. The investigation also uncovered the alleged involvement of suspected collaborators within the OSGF who may have facilitated the agency’s operations.
Following the ICPC’s briefing, President Tinubu directed the immediate arrest of Nwabueze and the suspension of three permanent secretaries: M.S. Danjuma, Engineer Nadungu Gagare, and Richard P. Pheelangwah. The ICPC has engaged with officials of the OSGF to gather vital information regarding the unauthorised office, and the investigation remains active.
The latest discovery comes barely weeks after the exposure of the fictitious Presidential Foreign Intervention Promotion Council (PFIPC), whose self-styled Director-General, Adeniyi Adeyemi Matthew, is currently facing prosecution over allegations of forgery and impersonation. An interim ICPC report submitted to President Tinubu on August 6 had also identified two other fictitious bodies: the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency and Public-Private Partnership. With Friday’s announcement, the National Brands Development and Made-in-Nigeria Special Project Office becomes the fourth fake agency uncovered by the anti-corruption commission in connection with the scandal since early April.
The ICPC chairman commended President Tinubu for directing a forensic audit of government processes and a wider policy audit of federal ministries, departments, and agencies, describing the move as a proactive step towards strengthening governance and closing loopholes that could facilitate abuse within the public service. The investigation is expected to focus not only on the individuals behind the purported agency but also on the institutional weaknesses that allowed an unauthorised entity to gain access to federal government premises.
Tinubu Suspends Three Permanent Secretaries, Orders Arrest Over Fake Agency in SGF Office
![]()
News
N3.14 Trillion Spent on Electricity Subsidy in 31 Months – FG
N3.14 Trillion Spent on Electricity Subsidy in 31 Months – FG
The Federal Government says the massive spending shielded consumers from the full impact of tariff hikes, but critics question the value amid persistent blackouts and plans to phase out subsidies by 2027.
The President Bola Tinubu-led Federal Government has disclosed that it spent N3.14 trillion on electricity subsidies between June 2023 and December 2025, according to figures contained in its latest economic reform scorecard. The government said the intervention was designed to protect electricity consumers from the full effect of tariff increases as reforms in the power sector continued.
The electricity subsidy was among N30.64 trillion in additional spending pressures incurred by the Federal Government during the 31-month period. The figures were released by the Ministry of Finance following a presentation by Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy.
According to the ministry, electricity subsidy payments rose sharply from N177 billion in 2023 to N1.48 trillion in 2024, representing an increase of more than 740 per cent. By December 2025, the subsidy bill stood at N1.47 trillion, indicating a marginal 1.14 per cent decline compared with the previous year.
Other major spending pressures recorded during the period included N9.39 trillion for wage adjustments and minimum-wage increases, N9.37 trillion arising from the impact of exchange-rate movements on external debt servicing, and N6.47 trillion for strategic infrastructure projects.
READ ALSO:
- 100 Days in Captivity: Borno Families Beg Tinubu, Zulum to Rescue 78 Abducted Students
- Hamzat warns workers against spending over 40% of income on rent
- Newlywed Woman Remanded for Allegedly Stabbing Husband to Death Over Party Dispute in Kano
The government said it mobilised N20.4 trillion in additional resources to partly finance the increased expenditure. The funds comprised N5.43 trillion from the Federal Government’s share of estimated petrol subsidy savings, N3.12 trillion in additional revenues, and N11.85 trillion raised through incremental borrowing. Despite these resources, the government said there was still a funding shortfall of N10.24 trillion, which had to be accommodated within the existing revenue base.
Despite the substantial subsidy spending, electricity supply deteriorated during the same period. According to the Nigerian Electricity Regulatory Commission (NERC), the Federal Government incurred an electricity tariff subsidy of N358.32 billion in the first quarter of 2026 alone. The subsidy bill averaged more than N119 billion per month as the government maintained its freeze on end-user electricity tariffs at July 2024 rates.
NERC explained that because electricity tariffs remain below cost-reflective levels, the government continues to subsidise the difference between the actual cost of power generation and the approved tariffs charged to consumers. Under the current Distribution Companies’ Remittance Obligation (DRO) framework, electricity generation companies invoiced the 11 DisCos a total of N689.72 billion during the quarter. However, only N331.40 billion was billed to the DisCos, leaving the government to cover the remaining N358.32 billion. The subsidy accounted for 51.95 per cent of the total generation invoice during the period.
The commission clarified that the lower subsidy payment in Q1 2026 did not result from the introduction of cost-reflective tariffs but rather from a decline in electricity purchased by the distribution companies during the quarter. According to the report, average available generation capacity fell by 17.45 per cent, dropping from 5,400.38MW in the fourth quarter of 2025 to 4,457.96MW in the first quarter of 2026. Total electricity generation also declined by 9.64 per cent to 8,883.47GWh.
The subsidy disclosure has drawn criticism from organised private sector groups. The Lagos Chamber of Commerce and Industry (LCCI) questioned the impact of the N15.8 trillion in petrol subsidy savings and criticised the N3.14 trillion electricity subsidy, saying it appeared to contradict the logic behind electricity tariff reforms and highlighted the high power costs that continue to burden businesses.
NERC has warned that the current subsidy regime leaves the Federal Government exposed to uncertain and potentially rising financial obligations. “The open-ended nature of the subsidy exposes the FGN to indeterminate subsidy obligations due to volumetric risk and changes in generation costs arising from changes in the generation mix, particularly with an increase in thermal generation,” the commission stated.
The disclosure comes against the backdrop of the Federal Government’s plan to gradually withdraw electricity subsidies from 2027. In July, Joseph Tegbe, Minister of Power, said the government had no immediate plan to increase electricity tariffs, explaining that subsidy payments would be gradually phased out from next year while ensuring that Nigerians continued to benefit from existing arrangements. “I promise you, next year, by God’s grace, we will put a stop to this so-called subsidy in the power sector,” Tegbe said.
The government has also proposed establishing a Power Consumer Assistance Fund (PCAF) , established under the Electricity Act 2023, as the preferred mechanism for delivering targeted subsidies directly to vulnerable electricity users. The initiative is designed to channel financial support through consumers’ electricity accounts or other verified identity-linked platforms, improving transparency in subsidy administration while boosting investor confidence in the sector.
However, analysts note that ending the subsidy without imposing another sharp tariff increase will require widespread metering, lower transmission and distribution losses, improved collections, reliable supply, and targeted protection for poorer households. The government is also working to clear debts owed to power generation companies, with GenCos reportedly owed about N6.5 trillion and receiving only about 35 per cent of their monthly invoices.
In April 2024, NERC raised electricity tariffs for Band A customers from N66 to N225 per kilowatt-hour. The affected consumers were expected to receive at least 20 hours of electricity daily, while the adjustment was projected to reduce the government’s subsidy burden by about N1.14 trillion in 2024. Despite this adjustment, the subsidy bill for 2024 and 2025 combined still reached nearly N3 trillion.
N3.14 Trillion Spent on Electricity Subsidy in 31 Months – FG
![]()
News
100 Days in Captivity: Borno Families Beg Tinubu, Zulum to Rescue 78 Abducted Students
-
metro3 days agoPalace Chaos: Police Say Cultists Targeted Davido, Not Gov Adeleke, in Deadly Osogbo Shooting
-
metro3 days agoPFIPC Scandal: Tinubu Orders Forensic Probe as ICPC Uncovers Multiple Fake Agencies
-
News3 days agoTinubu orders transfer of EFCC cash recoveries, N242bn unclaimed dividends to NELFUND
-
Politics3 days agoAtiku Dismisses Obasanjo’s Political Clout, Says Ex-President Has ‘No Electoral Value’
-
metro2 days agoHistory in Makkah: Nigerian Teen Wins Prestigious Qur’anic Contest, Breaks 46-Year Gender Barrier
-
metro2 days agoFormer MFM Pastor Femi Jimoh Dies After Years of Detention, Legal Dispute
-
News2 days agoDelta Governor Reveals ₦503,000 Monthly Salary, Says Permanent Secretaries Earn ₦900,000
-
Politics2 days agoPBAT Door-to-Door Movement Holds Kano Rally, Strengthens APC Ties Ahead of 2027
