• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 12, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Marketers Accuse Terminal Operators Of Disrupting Cooking Gas Price

by Chika Izuora
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The president of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGM), Mr Olatunbosun Oladapo, has accused terminal operators of disrupting appropriate pricing of Liquified Petroleum Gas(LPG) known as cooking gas.

Oladapo said if operators continue to adjust the price, then, Nigerians would soon see the price of 12.5kg of LPG moving up to N18,000 by December.

He, therefore, called on the federal government to check the activities of terminal owners and gas retailers.

Oladapo said, there has been a sudden increment from between N9 million and N10 million per 20 metric tons to N14 million per 20 metric tons recently.

RELATED

Sokoto Gov’t Settles N500m Outstanding Fees For Foreign Students

Turkish Airlines Named ‘Expatriate Airline Of The Year’ At TEBA 2025

12 hours ago
Africa’s Investment In Blockchain Technology Increased By 1668% – Report

Interstellar To Address $5bn Currency Barrier In Africa With Blockchain Solution

18 hours ago

He said, if the federal government doesn’t intervene, the price of gas could “potentially reach N18 million per metric ton by December.

“There is a ridiculous hike in gas prices going on right now, and I am afraid that if the Federal Government does not step in to checkmate the activities of these terminal owners, the price could reach as high as N18m per metric ton by December. This means that a 12.5kg could go as high as N18,000.

”Terminal owners are hiding under the guise of high foreign exchange to increase the price to further increase the suffering of the masses.

“Now, the ordinary man would not be able to buy gas. How many minimum wage earners can afford gas now? Everyone is turning to firewood and charcoal. The surprising thing was that they visited President Tinubu last week, and promised to work together with his administration to make life better.

“Now they have come back and started doing something else. Where are all the palliatives and buses they promised to donate? We have not seen anything.”

The NALPGM president had, in August, hinted that Nigerians may pay higher for cooking gas from mid-August 2023.

He attributed the reasons for the expected increase to rising international prices, high tax rates, high prices of vessels, forex scarcity, and Naira devaluation.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

Emir Of Kano Urges Nigerians To Embrace Insurance

Next Post

Coalition Calls For Regulation Of Digital Currency Ecosystem

Chika Izuora

Chika Izuora

You May Like

Sokoto Gov’t Settles N500m Outstanding Fees For Foreign Students
Business

Turkish Airlines Named ‘Expatriate Airline Of The Year’ At TEBA 2025

2025/07/11
Africa’s Investment In Blockchain Technology Increased By 1668% – Report
Business

Interstellar To Address $5bn Currency Barrier In Africa With Blockchain Solution

2025/07/11
NGO Sensitises Lagos Residents On Dangers Of Consuming SSB
Business

Beverage Industry Group Challenges WHO’s Call for Increased Sugar Drink Taxes

2025/07/11
5 Most Lucrative Businesses In Nigeria For 2024
Business

Naira Cuts Back Gains as Traders Foresee Stability

2025/07/11
Electricity Deficit: Ex-NDPHC Boss Urges PPP, Independent Transmission Project Model
Business

Electricity Deficit: Ex-NDPHC Boss Urges PPP, Independent Transmission Project Model

2025/07/11
Solar To Energise 380m Africans By 2030 — World Bank
Business

World Bank Flags Nigeria’s Governance Woes Despite Modest Policy Gains

2025/07/11
Leadership Conference advertisement

LATEST

ADC Presidential Ticket: Atiku, Obi, Amaechi, Others To Sign Agreement

Trump Surveys Texas Flood Damage With 120 Dead, 160 Missing

Visa Cut Not Linked To Reforms, Diplomatic Tensions, Says US Embassy

Cult Activities And Related Matters

Buhari: Bare-Faced Lie At Shehu’s Book Launch

Senate Observes One-Minute Silence For 2-year-old Allegedly Killed By NDLEA Operatives

Container Schools Offer Lifeline To IDP Children

Lawyers, Politicians Rally Behind Women’s Reserved Seat Bill

Gov Fintiri Imposes Curfew On Lamurde LG

Buhari Vows To Be Neutral As Ex-Aides Battle Tinubu

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.