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The rising prices of cooking gas in Nigeria are causing concern among Nigerians, who are worried about the affordability and availability of this essential household resource.
The increase in prices is attributed to various factors, including supply disruptions, transportation costs, and currency weaknesses, affecting consumers across the nation.
According to reports, cooking gas is now being sold for N1,200 per kilogram in some parts of Nigeria, with a per-kilogram rate ranging from N1,000 to N1,200 in locations such as Mowe, Ibafo, and Magboro along the Lagos-Ibadan Expressway.
This surge in prices has led many households to consider alternative cooking methods, such as charcoal, to cope with the escalating costs.
The impact of the price surge is being felt by families and businesses, with concerns about menu price increases and the potential loss of loyal customers.
Marketers have also voiced their concerns, attributing the gas price hike to supply disruptions and high transportation costs.
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALGAM) has called on the government to address the issue before the price of a 12.5kg cylinder reaches N18,000.
This article was updated 2 months ago