Cooking gas price rises to N500/kg as Dollar appreciates against Naira

Amid high unemployment and poverty levels in Nigeria    The price of Liquefied Petroleum Gas, also known as cooking gas, has skyrocketed to a record high of N500 per kilogramme, forcing some Nigerians to turn to alternatives such as charcoal, kerosene and firewood amid high unemployment and poverty levels in the country. The price of cooking gas has risen by more than 60 per cent since early December last year on the back of the recent devaluation of the naira and lingering inadequate domestic supply of the fuel. Our correspondent gathered that as cooking gas prices maintained an upward trend

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