Connect with us

News

Tougher Times Ahead For Nigerians As Price Of Cooking Gas Hits N1,200 Per Kg

Tougher times ahead for Nigerians as the rising price of cooking gas as a kilogramme is now sold for…

Published

on

GasStation
Cooking gas filling station

Tougher times ahead for Nigerians as the rising price of cooking gas as a kilogramme is now sold for between N1,000 and N1,200 in parts of the country, VerseNews reports.

There are also fears that the price may rise further owing to the scarcity of the product, which marketers are attributing to supply disruption.

VerseNews learnt that Lagos State yesterday showed that while 12.5 kilogrammes of cooking gas is sold for N12,000 at some retail stations, a kilogramme was sold for N1,150 and N1,200 in Lagos outskirts like Mowe, Ibafo and Magboro, among others, along the Lagos-Ibadan Expressway in Ogun State.

Advertisement

Mrs Suebat Ola, who drove down from Mowe, Ogun State, to buy the product in Lagos, said she decided to come to Lagos because the price was too high on the outskirts.

She said, “I came all the way from Mowe to fill my cylinders because along our axis, it is sold at between N1,150 and N1,200 per kg and that would be over N12,000 for 12.5kg. This is too expensive. I don’t know how long we would continue to spend this much buying cooking gas.”

A gas retailer at Oshodi in Lagos, Chucks Okafor, said cooking gas users might pay N1,200 before the end of the week.

He said: “The current price stands at N1,100 per kg, while 3kg and 6kg cost N3,300 and N6,600 respectively; a 12kg cylinder of cooking gas costs N13,200.

Advertisement

“Many people who come to my store are shocked by the prices. Many walk away unable to make a purchase. I understand their plight, but as a retailer, my hands are tied too.”

Mrs Adebayo Esther Aderonke, a Lagos resident, lamented that “Cooking gas has become a luxury we can barely afford. We used to cook three meals a day, but now we have had to cut back. It is disheartening.”

Chef Maya, a renowned restaurateur, who also decried the increase in the price of cooking gas, said: “Our menu prices have had to increase, and customers are noticing. We fear losing our regulars due to the rising costs.”

In Kano metropolis, there were queues at major gas stations.

Advertisement

While some vendors were selling a kilogramme for N880, others were selling at N950 and N1,000 as against N750 it was previously sold.

The situation was said to have forced many households in the state to resort to the use of charcoal.

Vendors attributed the hike to the high cost of transportation occasioned by the high cost of diesel.

Advertisement

The Kano State Secretary of the Liquefied Petroleum Gas Retailers of Nigeria (LIPGAR), Muhammad Omede, also blamed “the difficulties usually encountered by transporters due to poor road network, especially the Lagos-Kano road.”

Some citizens attributed the gas price hike to the weak naira, limited bulk storage and scattered terminals among other factors.

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

visa visa
News4 hours ago

BREAKING: US Issues Severe Warning to Visa Overstayers, Threatens Lifetime Ban

According to the US Department of Homeland Security, visa overstays account for a significant proportion of annual immigration violations.

BuhariVerseNewsNG BuhariVerseNewsNG
News4 hours ago

BREAKING: FG Declares Public Holiday to Honour Buhari, Check Date

The government has also directed that flags continue to fly at half-mast throughout the mourning period to honour Buhari’s memory...

buhari body buhari body
News7 hours ago

Buhari’s Body Will Be Returned To Nigeria As Cargo Consignment

The president also directed Nigerian flags to fly at half-mast nationwide and instructed Vice President Kashim Shettima

osimhen osimhen
Sports9 hours ago

Napoli, Galatasaray Set to Finalize Osimhen’s Deal

Galatasaray are close to finalising a deal to sign Victor Osimhen on a permanent basis

presidential team presidential team
News9 hours ago

BREAKING: Presidential Team Arrives London to Repatriate Buhari’s Body

President Tinubu, shortly after announcing Buhari’s passing, directed Vice President Shettima to personally lead the mission to London.

GvxRmyrW4AAjinK GvxRmyrW4AAjinK
Sports20 hours ago

Champions of the World! Cole Palmer Shines as Chelsea Stun PSG to Lift Club World Cup

Chelsea began with high intensity, almost scoring early when Palmer’s effort deflected off PSG defender Lucas Beraldo.

PresidentBuhariVerseNewsNG1 PresidentBuhariVerseNewsNG1
News1 day ago

BREAKING: Former President, Muhammadu Buhari is Dead

The confirmation was posted by his former aide, Bashir Ahmad, and his spokesperson, Garba Shehu.

tinubu res tinubu res
Politics1 day ago

JUST IN: House of Reps Moves to Strip President of Power to Appoint INEC Chairman

The intention is to reduce political interference and boost public confidence in Nigeria’s electoral system.

wole wole
Biography1 day ago

Prof. Wole Soyinka Biography: Real Age, Wives, Nobel Prize, Quotes, Net Worth

Wole Soyinka is a celebrated Nigerian playwright, poet, author, teacher, and political activist.

Wike abure 2 1 Wike abure 2 1
Politics1 day ago

Mixed Reactions as Labour Party Chairman Julius Abure Visits Nyesom Wike in Abuja

The visit has triggered mixed reactions online, with many questioning Abure’s motive

Advertisement