With The Prevailing Economic Challenges Already Hitting Hard On Nigerians Following Recent Adoption Of The Policy Which Removed Subsidy On Premium Motor Spirit, PMS, By The Federal Government, It Does Appears That, The Tough Times As Come To Stay, At Least For Now, As Members Of The Nigerian Association Of Liquefied Petroleum Gas Marketers Have Asked Nigerians To Brace Up For An Upward Review In The Price Of Cooking Gas, Beginning From Next Week, Monday 14th, August, 2023.
Speaking Through The Association’s President, Olatunbosun Oladapo, The Association Noted That Rising International Prices, High Tax Rates Including Forex Scarcity And Naira Devaluation Are Some Of The Reasons For The Hike.
While Acknowledging The Pains Currently Faced By Nigerians Across Board , Oladapo Further Noted That The Upward Review In The Price Of The Product Was Inevitable, Following Reasons Outside The Control Of Members, Calling On Government To Create The Enabling Environment That Quickly Address Current High Price Issues Around The Energy Needs Of Citizens.
Current Price Of Filling A 5KG Gas Cylinder According To Investigation By Energy News Stream Is Put At 3,500 Naira, While That Of 12KG Stands At 9,400 Naira Depending On Location.
