Sequel to the alarming rate, at which the price of goods and services has sky rocked globally. The Nigerian economy is not left out in this global hardship, the price of cooking gas has also increased. The cost of buying12.5kg cylinder of household cooking gas in Nigeria has risen to N8,500, as of March 28, 2022, from N7,000 documented in September 2021. A cursory stare at the data reveals that the price rose to its biggest point in over three years. Precisely, a 12.5kg cylinder of household cooking gas intensified to its elevated since November 2018. What consumers are assertingThis was confirmed by an analyst after supervising talks with vendors and customers, who lamented over what they narrated as a developed hike in the price of Liquified Petroleum Gas (LPG), typically recognized as cooking gas, across primary cities in Nigeria. According to them, the price of gas is a primary concern because most households use gas cylinders. They added that they may decide...
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