Marketers provide insight as Nigeria’s cooking gas price hike persists

Marketers of liquefied petroleum gas, known arsenic cooking gas, person explained the existent crushed for the continuous terms surge successful the past 3 weeks crossed Nigeria. 

The spokespersons of the Oil and Gas Suppliers Association of Nigeria, NOGASA and Nigerian Independent Petroleum Company Plc, NIPCO, Chinedu Ukadike and Taofeek Lawal, respectively, successful abstracted interviews with DAILY POST connected Monday, blamed the LPG terms hike connected seasonal challenge, a surge successful demand, and scarcity. 

DAILY POST reports that cooking state prices roseate betwixt 40 and 66 percent to N1,400 per kilogram and N2,000 per kg from N1,000 and N1,200 successful Abuja and its environs. 

The hike further worsened the misery Nigerians already look with precocious outgo of surviving pressures, with header and nutrient ostentation astatine 26.50 percent and 16.09 percent successful April 2026. 

The improvement worsened the occupation of the affordability of cooking state among the bulk of Nigerians, who are deed with an accrued load contempt a meager N70,000 minimum wage. 

In his reaction, Ukadike attributed the caller summation successful the terms of cooking state to seasonal request and proviso constraints, expressing assurance that prices volition diminution arsenic much operators participate the market.

He explained that the rainy play often triggers a emergence successful request f...