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Reasons For Hike In Price Of Cooking Gas - Politics - Nairaland

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Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari / Buhari Blames Middlemen For Hike In Food Prices, Hoading Of Commodities / FG, Governors Blame #EndSARS Protests, Banditry For Hike In Food Prices (2) (3) (4)

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Reasons For Hike In Price Of Cooking Gas by prof2007: 2:47am On Aug 24, 2021
Petroleum Product Retail Outlet Owners Association of Nigeria PETROAN has attributed the hike in prices of Liquefied Petroleum Gas, LPG also known as cooking gas in Nigeria to the current price in the international market, activities of middle and political factors.

Rivers State Chairman of PETROAN, Francis Dimkpa in an interview in Port Harcourt on Monday said LPG is traded at international price in Nigeria, despite the fact Nigeria produces part of the LPG consumed in the country. Dimkpa disclosed that some gas plants operators do not have access to LPG from Nigerian Liquefied Natural Gas, NLNG, thereby hiking the prices.

In his word “it very painful and difficult to understand how a country like ours that is producing LPG otherwise known as cooking gas is going through such a hike in price of domestic gas like this. But I think it is connected with international price of LPG. I do not know whether it is clear to all of us that LPG in this country is not traded at domestic price, it is traded at the international price. Most times NLNG carries this product to Lagos before even coming to Port Harcourt”.

“We also import LGP to an extent. The business of LPG is shrouded in a lot of diplomatic and political issues where registered LPG plants do not have, so to say, direct access to buy from NLNG. There are a lot of political off-takers in place, making the price of LPG secondary before it gets to the primary consumers.

Dimkpa also called on the government to step in and regularize the price of LPG, adding that retail outlets owners are willing to buy products directly from NLNG.
SOURCE: https://dailypost.ng/2021/08/23/reasons-behind-hike-in-price-of-cooking-gas-revealed/

Re: Reasons For Hike In Price Of Cooking Gas by SportsHD: 3:52am On Aug 24, 2021
We'll soon go back to cutting woods from the bush to cook. Because charcoal and chopped wood would already be expensive too.
Sai barber

80 Likes 4 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Grace001: 4:05am On Aug 24, 2021
Nigeria government is in for anything to inflict hardship and suffering on the masses.

138 Likes 7 Shares

Re: Reasons For Hike In Price Of Cooking Gas by ipobarethieves: 4:05am On Aug 24, 2021
sad Everything is upside down after the lockdown sad

30 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by kayusely70(m): 4:15am On Aug 24, 2021
Life is becoming unbearable everyday!

21 Likes 2 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Otuegbe: 4:16am On Aug 24, 2021
Grace001:
Nigeria government is in for anything to inflict hardship and suffering on the masses.
sai Baba

9 Likes

Re: Reasons For Hike In Price Of Cooking Gas by cardoso514: 5:33am On Aug 24, 2021
We are back to cutting trees and that negates our earlier stand on sustainable development
Going back to our vomit!
May bae this an area government should subsidize

7 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by otokx(m): 5:42am On Aug 24, 2021
NLNG should begin to franchise LPG outlets the way NNPC does so that Nigerians can benefit from prices that will not include the middle men.

12 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by Jestin: 5:48am On Aug 24, 2021
This is my candid advise to Nigerians. We must not repeat the previous mistake we made again in 2023. They are already trying to package an overage sick Tinubu and present him in 2023. We need an intellectual digital prof like Osibanjo in 2023 and not those analogue leaders.

77 Likes 6 Shares

Re: Reasons For Hike In Price Of Cooking Gas by kokoloyds: 5:48am On Aug 24, 2021
Buhari is the major reason. Anything outside Buhari should not be mentioned

17 Likes

Re: Reasons For Hike In Price Of Cooking Gas by Sniper4real(m): 5:48am On Aug 24, 2021
Plea

3 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by MVLOX(m): 5:48am On Aug 24, 2021
How Nigerians manage to buy gas at a very high price when we actually flare it is still one of the greatest Miseries of all time ....

82 Likes 3 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Osiris12: 5:49am On Aug 24, 2021
So much for a darling daddy.

Darling daddy indeed.
Where manna Dey to come defend this as usual.I’ve never seen such a jobless someone

30 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by Lovelyn451(f): 5:49am On Aug 24, 2021
Govt. is the reason for the hike in everything....rubbish
Na to go get coal in Enugu tomorow

2 Likes

Re: Reasons For Hike In Price Of Cooking Gas by explosiveskull(m): 5:49am On Aug 24, 2021
shocked
Re: Reasons For Hike In Price Of Cooking Gas by Ajetech(m): 5:49am On Aug 24, 2021
I don tired oo
Re: Reasons For Hike In Price Of Cooking Gas by obaaderemi: 5:49am On Aug 24, 2021
A kg of cooking gas is #450 where I live. How much is it in your neighborhood?
Re: Reasons For Hike In Price Of Cooking Gas by TheMan3: 5:50am On Aug 24, 2021
Do you know the Good part, and co BMC crew are also buying at the same price. Hehehehehe

Suffering and smiling. Your darling daddy is working.

38 Likes 1 Share

Re: Reasons For Hike In Price Of Cooking Gas by sylve11: 5:50am On Aug 24, 2021
It has always been so. Everything is politicized. sad cool
Re: Reasons For Hike In Price Of Cooking Gas by Afamsi: 5:51am On Aug 24, 2021
Nigeria is like a farmer whose children are dying of hunger

10 Likes

Re: Reasons For Hike In Price Of Cooking Gas by akanbiaa(m): 5:51am On Aug 24, 2021
Hmmmm
Re: Reasons For Hike In Price Of Cooking Gas by gambia(m): 5:52am On Aug 24, 2021
Buhari is really working
Re: Reasons For Hike In Price Of Cooking Gas by Lawrry(m): 5:52am On Aug 24, 2021
The reason is CHANGE that's all
Re: Reasons For Hike In Price Of Cooking Gas by Wiseandtrue(f): 5:52am On Aug 24, 2021
Is there a single thing not hiked in this regime

Tell me!

11 Likes 2 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Nobody: 5:56am On Aug 24, 2021
nobody seems to care about the common man on the street, the people the masses voted has annihilated themselves for the duty of which they were called to do .parading themselves with satanic slogans(EVERY MAN FOR HIMSELF),putting everyone a state of disarray cry
Telling the people the reason gas is hiked as to what end?

3 Likes

Re: Reasons For Hike In Price Of Cooking Gas by Martins9756: 5:58am On Aug 24, 2021
Jestin:
This is my candid advise to Nigerians. We must not repeat the previous mistake we made again in 2023. They are already trying to package an overage sick Tinubu and present him in 2023. We need an intellectual digital prof like Osibanjo in 2023 and not those analogue leaders.
ignorant, if you have opportunity to sit with Osibanjo he will lecture you about Tinubu ideology and capacity to lead us to promise land.

5 Likes 2 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Afamsi: 5:58am On Aug 24, 2021
Jestin:
This is my candid advise to Nigerians. We must not repeat the previous mistake we made again in 2023. They are already trying to package an overage sick Tinubu and present him in 2023. We need an intellectual digital prof like Osibanjo in 2023 and not those analogue leaders.
Anybody who is part of this government is not worthy to even contest in the next election.

46 Likes 5 Shares

Re: Reasons For Hike In Price Of Cooking Gas by Sonnobax15(m): 5:59am On Aug 24, 2021
angry
Re: Reasons For Hike In Price Of Cooking Gas by persius555(m): 6:00am On Aug 24, 2021
Blatant liars

1 Like

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