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Rising Cooking Gas Prices Strain Nigerian Households

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Legit.ng
Rising Cooking Gas Prices Strain Nigerian Households

Nigerian households are facing increased financial pressure as the price to refill a standard 12.5kg cooking gas cylinder may now reach up to N20,000. In Lagos, prices at plants are around N1,350 per kilogram, while retail outlets charge up to N1,600 per kilogram.

In Osun, plant prices are about N1,300 per kilogram, with retail prices around N1,500, totaling approximately N18,750 for a refill. Oyo consumers pay around N1,300 per kilogram at retail, while plant prices are lower at N1,200.

In Ogun, plant prices have reached approximately N1,400 per kilogram. The disparity in prices is attributed to transportation and operating costs incurred by distributors.

Adesola Omotosho, a Lagos resident, expressed concern over the cumulative effect of rising essential costs on families, while Habibah Raheem from Osun highlighted the burden on families dependent on LPG for cooking. The National Bureau of Statistics reported a 13.73% month-on-month increase in the average retail price of a 5kg cylinder, reflecting the broader trend of rising cooking gas prices.

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