Nigerians Lament as Cooking Gas Price Soars to ₦2,400 per Kg
By Peace Erewunmi
Many Nigerian households are currently grappling with rising cooking gas prices as the cost of Liquefied Petroleum Gas (LPG) reportedly climbs to as high as ₦2,400 per kilogram in some parts of the country.
The increase has sparked widespread concern among consumers, many of whom rely heavily on cooking gas for daily household use.
Reports indicate that prices vary across locations, with some areas experiencing higher rates due to transportation costs, supply challenges, and distribution inefficiencies.
Marketers attribute the surge to a combination of factors, including foreign exchange volatility, increased importation costs, and logistics challenges within the domestic supply chain.
The continuous rise in LPG prices has placed additional pressure on households already struggling with the rising cost of living and inflationary trends in the economy.
Consumers have called on relevant authorities to intervene and stabilize the market to prevent further escalation in cooking gas prices.
Energy analysts say improved local production and better distribution infrastructure could help ease pressure on supply and stabilize prices in the long term.
As of the time of filing this report, there has been no official nationwide price cap adjustment announced by regulatory authorities.
