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

woman cries woman cries
News1 week ago

My Husband Makes Love From Midnight Till Dawn’ — Kaduna Woman Seeks divorce

A 37-year-old woman, Linda Stephen, has asked a Kaduna Customary Court to dissolve her six-year marriage,

peller peller
Entertainment1 week ago

Peller Faces Possible Ban as Nigerians Mass-Report His 9.6M TikTok Account

Popular TikToker Peller faces mass reports on his 9.6M-followers TikTok account after criticizing Nigerians for ranting about the government online.

NYSC dancing NYSC dancing
Education1 week ago

BREAKING: NYSC Begins Payment of N77,000 Monthly Allowance To Corps Members

The Federal Government has begun paying the N77,000 monthly NYSC allowance after a six-month delay, with some corps members confirming...

Timi Dakolo and Femi Lazarus Timi Dakolo and Femi Lazarus
Celebrity Gist2 weeks ago

How Apostle Femi Lazarus Is Selling Gift of Spirit God Gave Him for Free – Timi Dakolo

Timi Dakolo criticized Apostle Femi Lazarus for condemning gospel artistes who charge for ministrations while running a paid ministry school.

peter obi and tinubu peter obi and tinubu
Politics2 weeks ago

Presidency Warns Peter Obi Over ‘Collapsed Democracy’ Comment

Presidency dismissed Peter Obi’s claim that Nigeria’s democracy has collapsed, calling it exaggerated and baseless.

donald trump donald trump
World News2 weeks ago

Trump announces 25% tariff on countries buying Venezuelan oil

Trump announced a 25% tariff on countries purchasing Venezuelan oil, citing Venezuela's alleged hostility and criminal infiltration.

enugu imo police enugu imo police
News2 weeks ago

Anambra, Enugu Police Join Forces to Crush Border Crimes

The Anambra and Enugu State Police Commands have joined forces to combat cross-border crimes by sharing intelligence and resources.

airport airport
News2 weeks ago

US Warns Nigerians, Threatens Permanent Bans from Entering Country

The US has warned Nigerian travelers that overstaying their visas could result in a permanent ban from re-entering the country.

senator natasha akpoti senator natasha akpoti
Politics2 weeks ago

Plot to Remove Suspended Senator Natasha Deepens as Constituents File Recall Petition

Some constituents of Kogi Central have petitioned INEC to recall suspended Senator Natasha Akpoti-Uduaghan, citing loss of confidence and misconduct.

surgery surgery
News2 weeks ago

Lagos to Sponsor Open-Heart Surgeries Worth ₦8.5 Million Each for 30 Indigent Patients

The Lagos State Government will provide free open-heart surgeries for 30 indigent patients, fully funded by Governor Sanwo-Olu.

Advertisement