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Nigeria Imports 71% Of LPG Consumed In One Month, PPPRA Reveals

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Despite abundance of gas in Nigeria, 71.35 per cent of the Liquefied Petroleum Gas (LPG) also known as cooking gas, consumed in the country in the month of August, 2020, were imported, data obtained from the Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed.
This was in sharp contrast to claims by the Federal Government that it was striving to promote increased utilization of Nigeria’s huge gas resources, put at about 203.16 trillion cubic feet, in a bid to cushion the effect of rising PMS prices, preserve the environment, improve power supply and also conserve Nigeria’s foreign exchange reserves.
According to the PPPRA report of LPG supplied in August, 2020, a total of 123,554.329 metric tonnes (MT) of LPG in vacuum (VAC) was supplied in Nigeria in the month under review, by six companies, out of which 88,157.108 MT (VAC) of LPG were imported, while 35,397.221 MT(VAC) were sourced locally.
The volume of cooking gas imported into the country in August, 2020, by four companies, represented a rise of 44.44 per cent, compared to 61,035.814 MT (VAC) imported in July, 2020, and also represented an increase of 7.71 per cent compared to 81,848.585 MT (VAC) imported in August, 2019.
On the other hand, the volume of LPG sourced locally for consumption was 52.84 per cent lower than the 75,062.834 MT (VAC) of LPG sourced locally in July, 2020.
However, the total number of cooking gas supplied in August, 2020, was 9.22 per cent lower than the 136,098.648 MT(VAC) of LPG imported in July, 2020 and 50.96 per cent higher than the 81,848.585 MT (VAC) supplied in August, 2019.
Specifically, in July, 2020, a total of 136,098.648 MT (VAC) of LPG was supplied, with 61,035.814 MT (VAC) of LPG imported, while 75,062.834 MT (VAC) was sourced locally; while in August, 2020, 100 per cent of the 81,848.585 MT(VAC) of LPG supplied were imported into the country.
Algasco LPG Services Limited, a subsidiary of Vitol, was the highest importer of the commodity into the country in August, 2020, with 43,888 MT (VAC) of LPG, representing 48.78 per cent of the total import and 35.52 per cent of total LPG supplied in the period under review.
Other importers of the commodity into the country are: Matrix Energy, 19,770 MT (VAC); Prudent Energy and Services Limited, 9,568 MT (VAC) of LPG; and NIPCO, 10,893 MT (VAC) of LPG.
On the other hand, of the 35,397.221 MT (VAC) of LPG sources locally in August, the Nigerian Liquefied Natural Gas (NLNG) supplied 3,634.401 MT (VAC); NIPCO supplied 9,383.680 MT (VAC); Algasco, 4,107.667 MT (VAC) and Stockgap Fuels Limited, 9,058.139 MT (VAC).
The products were discharged at Lister Jetty, Apapa; Matrix Jetty, Warri; Prudent Energy Jetty, Oghara; Bulk Oil Plant, Apapa; North Oil Jetty and Stockgap Jetty, Port Harcourt.
The fact that Nigeria continues to import cooking gas leaves much to be desired, especially when viewed against the huge gas resources in the country and the launch of the National Gas Expansion Programme (NGEP) which seeks to increase gas utilization in Nigeria, through the auto-gas scheme and LPG programme.
The import of cooking gas is reminiscent of development with PMS, where despite having abundance of crude oil, the country continues to import PMS, spending a huge portion of its foreign exchange on the importation and also spending huge amount of money to subsidise the product, among others.
Specifically, Minister of State for Petroleum Resources, Chief Timipre Sylva, had stated that the implementation of the NGEP would deepen gas usage in the country and would be executed alongside the Nigeria Gas Flare Commercialisation Programme (NGFCP), and the National Gas Transportation Network Code (NGTNC).
Also, Technical Adviser, Downstream to the Petroleum Minister, Dr Abner Ishaku, had stated that the promotion of gas as replacement fuel will also save the nation the much-needed foreign exchange expended on imported fuels.
He had noted that using gas as auto-gas would provide alternatives to Premium Motor Spirit, Automotive Gas Oil and Dual Purpose Kerosene for Nigerians.

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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