The National Bureau of Statistics (NBS) has released its comprehensive reports on fuel prices, revealing an alarming surge in October 2023 compared to previous years. The average retail price of petrol experienced a substantial upswing from N195.29 in October 2022 to a staggering N630.63 in the same month of 2023, marking a significant 222.92 per Read More…
Tag: cooking gas
LPG retailers call for government action to avert price hike
The Liquefied Petroleum Gas Retailers Association (LPGAR) has called on the federal government to establish more local LPG production plants, and encourage storage and transportation of the product to avert a price hike. The association’s branch national chairman, Ayobami Olarinoye, made the remarks in an interview with the News Agency of Nigeria (NAN) in Lagos Read More…
Marketers warn Nigerians against panic buying cooking gas
Due to the force majeure declared by Nigeria Liquefied Natural Gas Ltd (NLNG), the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned Nigerians against buying Liquefied Petroleum Gas (LPG), also known as cooking gas, in a panic. In response to NLNG declaring force majeure on its gas facilities due to flooding on Monday, Read More…
The cooking gas price hike is killing our business – retailers
20 per cent gas users in Lagos have switched to charcoal Many Lagosians are seeking alternatives to the now highly-priced cooking gas. This is a trend that is now taking place all over the country. The Chairman of the Liquefied Petroleum Gas Retailers (LPGAR), a branch of the National Union of Petroleum and Natural Gas Read More…