fbpx
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

'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video) 'My Wife's Ring Can Buy 2 Or 3 Rolls Royce' - Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)
Entertainment3 weeks ago

‘My Wife’s Ring Can Buy 2 Or 3 Rolls Royce’ – Davido Brags As Chioma Flaunts $1 Million Diamond Ring (Video)

Nigerian Afrobeat star Davido and his fiancée Chioma Rowland, who are set to wed on June 25th, made headlines as...

Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite
Politics3 weeks ago

BREAKING: Labour Party Leadership Crisis Resolved As Abure and Apapa Factions Unite

The Labour Party's leadership crisis has ended as factions led by Julius Abure and Lamidi Apapa reconciled to present a...

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon
News3 weeks ago

EXCLUSIVE: Nigerians To Start Using Three-In-One National Identity Card Soon

NIMC is set to launch a versatile three-in-one identity card for Nigerians, featuring payment capabilities and social service functionalities, following...

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG HND Holders From Polytechnics Must Undergo One-Year Mandatory Training - FG
Education3 weeks ago

HND Holders From Polytechnics Must Undergo One-Year Mandatory Training – FG

Dr. Folasade Yemi-Esan, Head of the Civil Service, has mandated HND holders to undergo a one-year training before promotion to...

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer's Account
News3 weeks ago

EFCC Arrests Two Ex-Union Bank Employees For Stealing N4.2m From A Dead Customer’s Account

The EFCC arrested two former Union Bank employees in Makurdi for embezzling N4.2 million from a deceased customer's account.

Christ Embassy Church Headquarters in Lagos On Fire Christ Embassy Church Headquarters in Lagos On Fire
News3 weeks ago

BREAKING: Christ Embassy Church Headquarters in Lagos On Fire (Video)

The Christ Embassy Church headquarters in Ikeja, Lagos caught fire on Sunday morning.

BREAKING: Finidi George Resigns As Super Eagles Head Coach BREAKING: Finidi George Resigns As Super Eagles Head Coach
Sports1 month ago

BREAKING: Finidi George Resigns As Super Eagles Head Coach

Finidi George resigns as the head coach of the Super Eagles, following the NFF's plan to hire a foreign technical...

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day
News1 month ago

Tension As President Tinubu Falls, Hits Head On Parade Vehicle During Democracy Day (Video)

Nigerian President Bola Tinubu stumbled and fell during the June 12 Democracy Day parade, sparking renewed concerns about his health.

Democracy Day: FG Announces Date for Public Holiday Democracy Day: FG Announces Date for Public Holiday
News1 month ago

Democracy Day: FG Announces Date for Public Holiday

The Federal Government has announced June 12 as a public holiday to celebrate Democracy Day.

5 Best Video Interview Software You Should Be Using 5 Best Video Interview Software You Should Be Using
Career News1 month ago

5 Best Video Interview Software You Should Be Using

Zoom, HireVue, and Spark are some of the best video interview software. These tools enhance efficiency, improve candidate experience, and...

Advertisement