CNG sells for N380 to N500 per scm as petrol landing cost hits N1,253 per litre

Compressed natural gas (CNG) is selling for between N380 and N500 per standard cubic metre (scm), according to the Major Energies Marketers Association of Nigeria (MEMAN). The price range comes as petrol landing cost stands at N1,253 per litre, N33 above Dangote Refinery's ex-depot price of N1,210 per litre.

CNG price range

The figures are in MEMAN's Energy Bulletin dated October 21, 2026. The association did not identify the filling stations or locations covered by the prices. That makes it difficult to establish whether the rates apply uniformly across the country. The N120 difference between the lowest and highest reported prices highlights variations within the emerging market.

CNG affordability depends on more than the advertised pump price. Vehicle fuel efficiency, conversion costs, driving distances and access to refuelling facilities all affect the actual savings. Motorists cannot compare CNG and petrol prices directly because the fuels are measured differently. A more reliable assessment would compare the cost of travelling the same distance using each fuel.

Petrol landing cost and Dangote

MEMAN data shows that petrol landed at N1,253 per litre. Dangote Refinery's ex-depot price was N1,210 per litre, a gap of N33 per litre. Experts have linked the gap to the continued availability of petrol at the Dangote Refinery.

“Now, importers are increasingly resorting to buying from Dangote Refinery rather than importing. Also, the current high crude oil prices has caused foreign refiners to hike their rates,” said Adeola Yusuf, energy policy analyst.

The Federal Government has removed the subsidy on CNG. Retailers confirmed that the cost of one standard cubic metre climbed from around N220 to N230 to as high as N420 to N450, depending on vehicle type and station.

What it means for motorists

For commercial transport operators, the availability of refuelling stations along established routes could determine whether switching to gas is commercially practical. Fleet operators must assess conversion expenses, vehicle efficiency, maintenance obligations and possible operational disruptions before switching fuels. A business operating vehicles on routes with accessible CNG stations may face different costs from another whose vehicles travel through areas with limited refuelling infrastructure.

Publishing prices by location and dispensing station could improve transparency and help motorists compare options. Wider CNG adoption will depend on competitive pricing, reliable supply, accessible infrastructure and consumer confidence. For Nigerians facing persistent transportation costs, the emerging market presents another fuel option, although the extent of potential savings will depend on individual circumstances.