Plus234Feed

Cooking Gas Prices Soar to Record High in Nigeria Amid Scarcity Crisis

Business1 min read
Cooking Gas Prices Soar to Record High in Nigeria Amid Scarcity Crisis

Cooking gas prices in Nigeria have hit an all-time high, causing panic and frustration among residents. The scarcity has led to skyrocketing prices, with Lagos residents paying per kilogram, while Abuja prices hover around per kilogram.

Many households are resorting to unsafe alternatives like charcoal and kerosene due to the shortage. Gas plants and filling stations are reportedly running out of stock, leading to inflated prices and long queues.

Energy experts attribute the price surge to a brief industrial action by PENGASSAN and disruptions in gas distribution by Dangote Refinery. Analysts warn that millions of Nigerians may be forced to use unsafe fuels if the scarcity persists, posing health and environmental risks.

Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.

Read full article

Continue on News Online Nigeria

Visit
Share