A ray of hope for Nigerian households: Cooking gas prices slightly dip
After weeks of discomfort, Nigerian households can finally breathe a sigh of relief. A recent market survey by Naijawebinfo reveals that the average price of 1kg of cooking gas has dropped to ₦1,350.
While this development is seen as a positive sign, many Nigerians are still reeling from the economic strain of everyday living. The drop in price has been met with calls for more significant reductions to alleviate the financial burden on families.
A combination of global market trends, the exchange rate, transportation costs, and seasonal demand fluctuations affect the price of cooking gas, making it a delicate balancing act for local suppliers.
Industry experts point to the naira’s depreciation against the dollar and logistical challenges in the country as key factors influencing the price of cooking gas.
As the festive season approaches, many Nigerians are still concerned about the affordability of cooking gas. It’s essential to note that the price may fluctuate, and the trend is not yet consistent with what’s needed to alleviate the economic pressure on households.
Advocacy groups have joined the call for the government to implement policies that promote local gas production and streamline distribution to reduce costs, making cooking gas more accessible to the masses.
Check out the current prices for cooking gas:
- 1kg Cooking gas – ₦1,350
- 3kg Cooking gas – ₦4,050
- 5kg Cooking gas – ₦6,750
- 6kg Cooking gas – ₦8,100
- 10kg Cooking gas – ₦13,500
- 12.5kg Cooking gas – ₦16,875
