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Cooking gas price jumps to N1,500

Checks by our correspondent confirmed that the prices of cooking gas peaked at N1,500/kg in some retail outlets in Ogun and Lagos States as of Sunday.

In Abuja, the average price for refilling a 12.5kg cylinder of cooking gas has increased by 41.6 per cent to N17,000 in different areas.

The PUNCH reports that the same commodity sold for N12,000 in July and N11,735 in January 2024.

This sharp price rise reflects ongoing trends in the market and may have implications for consumers, many of whom rely on LPG for their daily cooking needs.

In August, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, promised to ensure a reduction in the rising cost of a kilogram of cooking gas.

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