Cooking Gas Hits N1,500/kg as Marketers Warn of Imminent Crisis Over Supply Shortage

– Depot price spikes to N26m for 20MT

– NALPGAM warns of SMEs’ shutdown, collapse of FG’s clean energy gains

Peter Uzoho

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has raised the alarm over a fresh spike in cooking gas prices and erratic supply, warning that millions of households and small businesses face imminent hardship if urgent intervention was not taken.

In a statement issued yesterday, jointly signed by its National President, Edu Inyang and the Executive Secretary, Bassey Essien, NALPGAM complained that Nigerians were now paying over N1,500 per kilogram of Liquefied Petroleum Gas (LPG), while marketers were forced to buy 20 metric tons at N25.2 million to N26.2 million, depending on location.