Nigerian Government Acts to Address Surge in Cooking Gas Prices

The Nigerian government, amidst a significant increase in cooking gas prices, has directed regulatory authorities to crack down on market hoarding and exploitation. The surge in prices, averaging between 1,000 to 2,000 naira per kilogram, follows strikes in the petroleum and natural gas sector.

The government assures Nigerians of improved supply in the coming weeks, leading to a gradual price drop. Market distributors are cautioned against hoarding to profit unfairly.

Monitoring of LPG depots nationwide will intensify to curb sharp practices and ensure sufficient and affordable gas supply for households.