Plus234Feed

NALPGAM Blames Middlemen for Cooking Gas Price Surge in Nigeria

Business
NaijaNews
1 min read
NALPGAM Blames Middlemen for Cooking Gas Price Surge in Nigeria

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) attributed the rising cost of cooking gas in the country to activities of middlemen, leading to an artificially induced price hike. The association clarified that the price surge was not an official increase but a result of market dynamics influenced by the scarcity of the product.

NALPGAM linked the price increase to an industrial dispute involving the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote Refinery. The association assured Nigerians that normalcy would return once the market stabilizes, urging marketers not to exploit the current shortage for undue profits.

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

Read full article

Continue on NaijaNews

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.