Cooking Gas price jumps to N1,800/kg as Nigerians pay more for LPG

Liquefied Petroleum Gas, commonly known arsenic cooking gas, has risen significantly, forcing Nigerians to walk much to acquisition the product.

The summation comes arsenic depot owners and retailers raised their prices implicit the past 2 days.

StockGap accrued its depot terms by N25 to N1,440 per kilogram. Nigerian Independent Petroleum Company Limited, NIPCO, Mobil (now 11 Plc) and Ardova, connected the different hand, sold the merchandise astatine N1,400 and N1,390 per kilogram, respectively.

Similarly, LPG retail outlets, including Raniol, Juda Oil and Nigerian National Petroleum Company Limited, NNPC, outlets successful Abuja and its environs, present dispense cooking state astatine betwixt N1,550 and N1,600 per kilogram, up from N1,400 and N1,500.

DAILY POST reports that micro-LPG dealers merchantability the merchandise for betwixt N1,700 and N1,800 per kilogram, depending connected the determination successful Abuja.

Earlier, NIPCO's spokesperson, Taofeek Lawal, had exclusively told DAILY POST that LPG prices could summation further betwixt November and January adjacent year.

The latest terms summation means that Nigerians who antecedently spent N17,500 to refill a 12.5kg cylinder astatine N1,400 per kilogram volition present wage N20,000 astatine the caller complaint of N1,600 per kilogram, representing an further N2,500.

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