Cooking gas price rises to N1,700/kg, marketers warn of potential revolt

2 months ago 34
ARTICLE AD BOX
cooking gas

By Sebastine Obasi

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned that the rising price of cooking gas could trigger public unrest against gas filling station operators.

The association reported that cooking gas is now selling between N1,500 and N1,700 per kilogram, while marketers are paying between N25.2 million and N26.2 million for a 20‑metric‑tonne truck of liquefied petroleum gas, depending on the location.

NALPGAM National President Mr. Edu Inyang urged the Federal Government to intervene urgently and stabilise the supply and pricing of the product to ease the burden on Nigerians.

He said the current situation is putting millions of households, food vendors, small businesses and low‑income earners under severe pressure, as many Nigerians can no longer afford cooking gas for daily use.

“It is sad and rather very pathetic to inform the general public that Nigerians have woken up to buy cooking gas, which should be a social item, at a prohibitive cost of over N1,500 per kilogram. We feel that if the situation is not immediately checked, citizens may rise against owners of gas filling stations,” Inyang said.

The president attributed the price rise to persistent supply shortages, high depot prices, logistics bottlenecks and escalating operational costs faced by marketers nationwide.

Inyang warned that the trend undermines years of progress in Nigeria’s clean‑energy drive, noting that many households are reverting to firewood and charcoal because cooking gas is too expensive.

He said the trend poses serious risks to public health, environmental sustainability and the country’s clean‑energy targets.

Inyang further cautioned that failure to address the crisis could worsen food inflation, lead to job losses, cripple small LPG retail businesses and erode investor confidence in the sector.

NALPGAM has called on the Federal Government, the Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), NNPC Ltd., domestic producers and other stakeholders in the LPG value chain to take immediate and coordinated action to stabilise the market.

The association recommends increasing domestic supply allocation, ensuring transparent product distribution, removing bottlenecks in importation and distribution, and implementing strategic interventions to make cooking gas more affordable and accessible to Nigerians.

The post Cooking gas hits N1, 700/kg, marketers warn of looming revolt appeared first on Vanguard News.

Read more on this