Nigeria’s Liquefied Petroleum Gas (LPG) marketers have set an ambitious target to raise annual LPG supply to six million metric tonnes, aiming to deepen clean energy adoption and ease price pressures nationwide.
Outgoing President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Oladapo Olatunbosun, announced the goal during the association’s 38th Annual General Meeting in Abuja. He said national consumption had grown from 900,000 metric tonnes four years ago to over two million metric tonnes in 2024, with projections to hit three million tonnes by Q1 2026.
“With sustained policy support and private sector investment, we believe six million metric tonnes per annum is achievable,” Olatunbosun said. He credited the Decade of Gas initiative and the National Gas Expansion Programme for driving sector growth.
Despite progress, Olatunbosun acknowledged challenges including high LPG prices and uneven supply, especially in rural areas. He expressed optimism that increased domestic production — including Seplat Energy’s market entry and ramped-up output from the Dangote Refinery — would stabilize prices.
He urged the incoming leadership to prioritize affordability and expand rural access. “Affordability is critical. Every Nigerian household deserves access to LPG,” he said.
Olatunbosun also called for innovation to tackle leakage, theft, and safety issues, encouraging the use of artificial intelligence and digital monitoring tools. He challenged young Nigerians to develop tech solutions for logistics and plant safety.
Reflecting on his tenure, he described his four years as transformative and urged the new executives to consolidate gains and pursue new investment opportunities.
The AGM concluded with the election of new NALPGAM executives to lead the association into its next phase of growth.
