Hike in Gas Price in Nigeria!

Consumers of Liquefied Natural Gas (LNG) known as cooking gas have complained about the sudden increase in the price of the commodity.

Many of the consumers have described hike in the price of the product as outrageous, considering the current situation in the country.

The price of refilling the 12.5kg cooking gas cylinder which used to be between N3,200 and N3,500 for a very long time has suddenly risen  up to between N4,000 and N4,500, while the camping gas cylinder which was N1,500  now sells for N2,500.

Meanwhile, the Nation has  alleged that off-takers appointed by the Nigeria LNG have  hijacked the LPG business as they now control the shipping and the terminals from which the product is supplied to various sales points in the country.

In the same vein, the Liquefied Petroleum Gas Retailers (LPGAR) National Chairman, Mr. Michael Umudu, has reportedly  confirmed the allegation.

According to him, the hyjackers were being selfish. But he however  did not mention the names of members of the cabal.

Read more http://thenationonlineng.net/cabal-hijacked-cooking-gas-business/

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