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

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Army DSS Police Army DSS Police
Politics19 minutes ago

‘DSS, Military Directly Contacted Bandits To Free 38 Eruku Church Worshippers’: Presidency Confirm

The Presidency says DSS operatives and the military made direct contact with the bandits who abducted 38 worshippers in Kwara,...

mercy eke mercy eke
Entertainment40 minutes ago

‘I’m Ready to Have a Child Outside Marriage:’ Mercy Eke Declares (Video)

BBNaija star Mercy Eke has revealed she is prepared to become a mother outside marriage, saying she can comfortably raise...

lady criess lady criess
Entertainment50 minutes ago

‘I Begged Them to Reject Me’: Female Corper Posted to Cemetery Cries Out (Video)

A viral video has captured the emotional moment a female NYSC corper broke down after being posted to serve as...

wike inspect wike inspect
News2 hours ago

FCT Minister Wike Threatens to Take Over Properties of Ground Rent Defaulters

FCT Minister Nyesom Wike has warned that Abuja property owners who fail to settle their outstanding ground rent by Tuesday...

Wife allegedly stabs husband to death 3 days after wedding Wife allegedly stabs husband to death 3 days after wedding
News3 hours ago

Wife Allegedly Stabs Husband to Death 3 Days After Wedding

A newlywed groom, Abubakar Abdulkarim, popularly known as Dan Gaske, was allegedly killed by his wife just three days after...

ondo ondo
Education3 hours ago

Wesley University Slashes Tuition Fees by 50% to Ease Financial Burden on Students

Wesley University, Ondo, has announced a 50% reduction in tuition for several programmes, excluding medicine, nursing, law, and select medical...

amorim amorim
Sports3 hours ago

‘They Deserve to Win,’ Ruben Amorim Blasts Players After Man United Unbeaten Run Ends Against 10-Man Everton

Manchester United manager Ruben Amorim expressed his frustration after the Red Devils’ 1-0 defeat to 10-man Everton.

ODIRA NWOBU ODIRA NWOBU
Entertainment6 hours ago

Actor Daddy Billy Shares Video He Took with Odira Nwobu Two Hours Before His Demise (Watch)

Nollywood has been thrown into deep sorrow following the sudden passing of beloved actor and comedian Odira Nwobu, just hours...

neco 1 neco 1
Education6 hours ago

NECO Launches New Examination Centre in London

The National Examinations Council (NECO) has launched a new SSCE Centre in London, United Kingdom...

governor reveals governor reveals
News6 hours ago

Nigerians Cry Out as Governor Reveals Identities Behind Bandit Attacks, Video Trends (Watch)

A Nigerian governor has stirred major controversy after stating during an Arise TV interview that “We know the Terrorists, we...

Advertisement