…As LPG costs soar 67% Nigeria’s clean cooking drive is facing a major setback, as soaring Liquefied Petroleum Gas (LPG) prices force many households to return to charcoal and firewood. Cooking gas prices have risen by about 67% within a month, climbing from below ₦1,500 per kilogramme to as high as ₦2,500/kg in Lagos, while consumers nationwide now face an estimated monthly LPG bill of ₦362 billion, up from ₦224 billion. The crisis has sparked accusations of supply distortions among major industry players. The Nigerian Association of LPG Marketers (NALPGAM)…
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Households groan, as rising cooking gas cost hits ₦2,400/kg
Nigerians in major cities are groaning under the rising cost of Liquefied Petroleum Gas (LPG), commonly called cooking gas, as the price has climbed to as high as ₦2,400 per kilogramme in some retail outlets. The sharp increase has worsened hardship for households already struggling with high food prices, transport costs and other living expenses. Findings have showed that while some filling stations sold cooking gas between ₦1,650 and ₦1,900 per kilogramme, neighbourhood retailers and black market operators charged as much as ₦2,400 per kilogramme, depending on location. A housewife…
Read MoreCooking gas price hits ₦1,700/kg
…Marketers warn of looming revolt The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), has raised alarm over the soaring cost of cooking gas in the country, warning that the continuous increase in price could spark public outrage against operators of gas filling stations. The association disclosed that cooking gas now sells between ₦1, 500 and ₦1, 700 per kilogram, while marketers pay between ₦25.2 million and ₦26.2 million for a 20-metric-tonne truck of liquefied petroleum gas (LPG), depending on location. Speaking on the development, NALPGAM National President, Edu Inyang,…
Read MoreFG to inject 10 million gas cylinders nationwide
To establish micro-sales, distribution centres The Federal Government has reiterated its plans to inject 10 million cylinders of Petroleum Liquefied Gas into circulation nationwide to increase access to the commodity. The distribution of these cylinders, which is to help deepen cooking gas utilization across the country, would be done through registered marketers. The Managing Director of the Nigeria LPG, Musa Ibrahim, who revealed this during a 2-day sensitisation workshop in Bauchi yesterday, said that the federal government would establish micro-sales and distribution centres for the cylinders. Ibrahim further said, The…
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