NUPENG said in a statement, “Similarly, in parts of northern
Nigeria, Southeast and South-South, the price has risen to N9,000-N9,500 from
N8,000-N8,500.
“Prices at the depots have similarly risen to about N11
million for 20 metric tons from N10 million and less sold about two weeks ago.”
According to the association, the worrisome aspect of this
development is that it has continued to rise on a daily basis for weeks now but
began to escalate in the last one week, leading to significant increases in
both depots and retail outlets.
“A similar price rise occurred in 2021 leading to the sale
of 12.5kg gas for up to N10,000 in late November and early December 2021 amidst
supply shortages,” it said.
The retailers expect the government to come up with a clear
policy direction for the development of LPG in the country to forestall the
ugly situation.
“LPG as a clean energy has steadily been embraced by low
income earning Nigerians in the last seven years against previous years when it
was seen as the preserve of the rich,” it said.
They recalled that between December 2020 and early months of
2021, the government launched a gas expansion programme aimed at making LPG
available to all Nigerian homes and expanding the use of gas for other purposes
such as automobile and public/private electric generation