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Nigerian Cooking Gas Retailers Explain Price Surge Amid Supply Shortages

Business1 min read
Nigerian Cooking Gas Retailers Explain Price Surge Amid Supply Shortages

The Nigerian cooking gas crisis has reached a critical point as retailers attribute the price hike to supply shortages rather than greed. The Liquefied Petroleum Gas Retail Association (LPGAR) and NUPENG deny responsibility for the surge, citing a shortfall in supply.

Dangote Refinery, a major supplier, has not raised prices but struggles to meet the nation's demand. The Nigerian National Petroleum Corporation (NNPC) acknowledges supply challenges and promises measures to stabilize the market.

The industry faces disruptions from strikes and logistical issues affecting gas delivery nationwide.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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