12kg Of Cooking Gas Now Cost N12,500

According to a market analysis, the price of 12.5kg of gas had suddenly increased from the N10,000 reported around the end of last month to over N12,500 in Lagos.

Olatunbosun Oladapo, president of the Nigerian Association of Liquefied Petroleum Gas Marketers, issued a warning that if the Federal Government did not restrain the activities of the terminal owners, the price of 12.5kg of cooking gas might rise as high as N18,000 by December.

Olatunbosun Oladapo, remarked: "Yes, the price is now N1,000 per kilogram but the government is yet to step in despite a meeting we had with the NMDPRA."