EnergyMarkets

"Marketers anticipate an upcoming increase in cooking gas prices for the following week."

Gas consumers should prepare for challenging times ahead as marketers have indicated that prices will rise in the coming week. Olatunbosun Oladapo, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers, stated that a surge in international prices, high taxes, vessel costs, forex shortages, and currency devaluation are contributing factors to the anticipated price…
Read more
Economy

Nigerians complain about high rate of cooking gas

The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 105 per cent within the last twelve months, This follows an increase from N2200 in August 2021 to N4500 in August 2022, indicating a 105 per cent increase over the…