Cooking gas price falls from N2,200/kg to N1,500 as supply improves

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has dropped by 31.8 per cent from a peak of about N2,200 per kilogramme to N1,500/kg, bringing much-needed relief to Nigerian households.
    President of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Edu Inyang, in an interview with Daily Sun attributed the drop to sustained engagements among industry stakeholders, regulators and government agencies aimed at improving supply and stabilising the domestic LPG market.
     Inyang said the reduction is the outcome of consultations held with key players in the sector to address factors that had previously driven up prices.
    “The ...