See Affected States As Cooking Gas Scarcity Continues, Prices Increased

The scarcity of Liquefied Petroleum Gas also known as cooking gas has continued, as it hit Lagos and some other states in the country.

The other affected states, according to reports are: Katsina, Sokoto, Delta, Kaduna, and Kano.

The rise in the price of the commodity has been noticed since late last month, causing a continuous rise in prices.

Gas terminal owners increased price by 66 per cent in October alone, as price of 20 metric tons of cooking gas rose from N10m at the beginning of last month to N16 million as of late last month despite NLNG currently supplying 20MT of cooking gas to them at N9m.

See Affected States As Cooking Gas Scarcity Continues, Prices Increased

Market survey carried out by Newsreporters over the weekend revealed that 12.5kg of cooking gas now sells for between N13,500 and N14,000 at the black market.

Some of the traders said gas plant owners now sell to them at between N1100-N1200 per 1kg as they could not access enough quantity.

Recall that as of June, the price of 12.5kg was around N8, 700. In September price rose to N10, 200, and as of Saturday, price had again risen to between N13, 500-N14, 000.

BY IYABO AINA

Publisher Of News Rain Nigeria