cooking-gasThe price of cooking gas remains high in Lagos and its environs as a result of inconsistent supply and rising demand.

A visit to Apapa where vessels usually berth to discharge the product showed that the vessel, MT Providence which arrived a few days ago has gone back to Bonny after discharging cooking gas in Lagos.

A source who preferred not to be named stated that: “The quantity discharged was not sufficient to meet demand because of huge population and by extension, consumer in the area.

He said that: “It may take many days for another vessel to bring cooking gas to Lagos because of the distance. Consequently, prices may continue to rise.

A market survey conducted at the weekend showed that some major and independent marketers did not have the product to sale.

The survey showed that some marketers that have the product for sale at exorbitant prices. For instance, major marketers, including Total sale 12.5 kg at between N3, 800 and N4, 000. Twenty five kg and 50kg go for about N7, 800 and N15, 000 respectively.

The survey showed that while gas plant owners, including Nipco still sale the product at N200 per kg, some over ambitious marketers have gone ahead to impose higher prices.

For instance, at N200 per kg, the prices of 12.5kg, 25kg and 50kg should be N2, 600, N5, 200 and N10, 400 respectively.

Investigations showed that the prices would likely continue to rise in the coming days as no vessel was seen discharging at Apapa where Nigeria LNG vessels usually discharge to major dealers of the product.

National Mirror learnt that the demand for cooking gas has continued to rise as many consumers shift to the use of the product following increased awareness that it is cheaper, safer and cleaner than other substitutes.

Investigations showed that the high demand is driven by the speculation that the Lagos State Government was about banning the consumption of firewood and coal because of their environmental consequences in the State and its environs.

It was also learnt that many middlemen have seized the opportunity to exploit consumers through the imposition of arbitrary prices.

The situation became worse in June when NLNG which supplies the product to plant owners for bottling and distribution, has issues with the Nigerian Maritime Administration and Safety Agency, NIMASA.

Spokesman for NLNG, Mrs. Anne- Marie Palmer-Ikuku who confirmed the development at the said: “We have since started to supply the product.”

 

Information from National Mirror was used in this report.

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