The average retail cost for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) saw a year-on-year rise of 12.31%, rising from N10,248.97 in December 2022 to N11,510.16 in December 2023.
The yuletide season is characterized by two pivotal activities: food preparation and travel. Traditionally, various local and international...
The average retail cost for refilling a 12.5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) saw a month-on-month rise of 14.04%, rising from N9,247.40 in September 2023 to N10,545.87 in October 2023.
With the yuletide season fast approaching and with the restrictions at the Panama Canal getting even tighter, some analysts project cooking gas might cost up to N1500 per kilogram at Christmas.
Cooking gas (Liquefied Petroleum Gas) has become scarce in Lagos. This is according to Oladapo Olatunbosun, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers.
The price of major food items has significantly increased across several markets in Lagos State, as Nigeria grapples with the high cost of goods and services.
A review conducted by Nairametrics over the weekend and public holiday revealed that in some areas of the country, cooking gas also known as liquefied petroleum gas (LPG) has risen to as high as N1000 per kilogram.
Gas retailers have warned that the price of 12.5kg Liquefied Petroleum Gas (LPG) otherwise known as cooking gas may hit N18,000 by December if the Federal Government does not restrict the activities of the terminal owners.
The Nigeria Liquefied Natural Gas Limited has said that its domestic liquefied petroleum gas scheme has guaranteed a 40% delivery into the Nigerian market.
President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGM), Olatunbosun Oladapo, has revealed that Nigerians will pay higher costs for cooking gas from mid-August 2023.
The Nigerian National Petroleum Company (NNPC) Limited has signed an agreement with UTM Offshore Limited (UTMOL) as part of efforts to grow the gas market as well as make cooking gas accessible and affordable to consumers.
The National Bureau of Statistics (NBS) has recently released data indicating a decline in the cost of refilling a 12.5kg liquefied petroleum gas (LPG), commonly known as cooking gas.
