The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has appealed to the Federal Government to urgently intervene and stabilise the supply and pricing of cooking gas inoder to prevent further hardships on Nigerians.

NALPGAM National President, Mr. Edu Inyang, said that cooking gas now sells between N1, 500 and N1, 700 per kilogram, the current situation has placed millions of households, food vendors, small businesses and low-income earners under severe pressure, as many Nigerians can no longer afford cooking gas for daily use.

He disclosed that marketers pay between N25.2 million and N26.2 million for a 20-metric-tonne truck of liquefied petroleum gas, depending on location.

The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

Data from the Central Bank of Nigeria’s NFEM window showed the official exchange rate hovering around ₦1,375 per dollar, following the last recorded closing rate of ₦1,375.46/$ on May 22.

Meanwhile, rates in the parallel market, also known as the black market, remained slightly higher as Bureau De Change operators in Lagos and Abuja quoted the dollar at around ₦1,385 for buying and between ₦1,395 and ₦1,400 for selling.

(Vanguard)

The National Council of Managing Directors of Licensed Customs Agents, (NCMDLCA) has observed that the current structure of the National Single Window at Nigerian seaports fall short of the globally accepted model of a true single-window platform.

“The National Single Window is not effective. What we have now is more of a multiple-window system that duplicates Customs functions,” said Lucky Amiwero, the National President of NCMDLCA.

According to him, delays in obtaining approvals from agencies such as the National Agency for Food and Drug Administration and Control (NAFDAC) and the Standards Organisation of Nigeria (SON) have worsened congestion and increased the cost of doing business.

He said, “A proper single window should involve single administration, single transaction, and single delivery. Once processes are harmonised at the backend, cargo clearance should be seamless.

“But importers are still required to interact separately with agencies like NAFDAC and SON. That defeats the purpose of a single-window system.”

Amiwero, disclosed that some importers now pay as much as N100,000 daily in demurrage to shipping companies and terminal operators while awaiting approvals from regulatory agencies.

Amiwero also pointed out that the Nigerian Revenue Service, which is driving the initiative, lacks the expertise required for customs and import procedures, insisting that tax administration and customs operations should remain separate.