Reasons for cooking gas prices hike – Marketers
Nigerians have expressed concern over another hike in the price of cooking gas, with a kilogram now selling for as high as ₦2,000 in some parts of the country.
According to gas marketers, the increase has little to do with any official price adjustment.
The Nigerian Association of Liquefied Petroleum Gas Marketers has attributed the surge in cooking gas price to temporary supply disruptions and market exploitation by some operators.
The association’s National President, Oladapo Olatunbosun, stated this on Wednesday while speaking on Channels Television’s The Morning Brief.
He said there had been no official increment in the price of Liquefied Petroleum Gas, blaming the hike on opportunistic marketers taking advantage of supply gaps caused by the recent strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria against the Dangote Refinery.
He said, “I sympathise with Nigerians as the President of NALPGAM because we never intended to have a situation like this.
“I must say it categorically that prices of cooking gas have not gone up. No increment has been done officially. Punch
