Residents in Katsina bemoan sudden rise in price of cooking gas

Residents in Katsina bemoan sudden rise in price of cooking gas

Residents in Katsina State are being forced to return to kerosene, firewood, charcoal and sawdust due to the sudden rise in the price of cooking gas.

Marketers of Liquefied Petroleum Gas (LPG), had expressed concern over the supply shortage and persistent increase in the price of cooking gas and cylinders in the state and in Nigeria in general.

The marketers warned that the 12.5kg cylinder of cooking gas, which used to sell at N4,000 now currently sells between N7,500 and N8,000, while the 6kg which used to sell at N2,000, now sells between N3,500 and N4,000. Marketers are speculating that the 12.5kg could rise to N10,000 by December if the government fails to address the crisis.

They also lamented that more Nigerians were being forced to return to kerosene, firewood, charcoal and sawdust due to the sudden rise in the price of cooking gas, which is what residents in Katsina metropolis are currently facing.

A resident said that government needed to review the recently introduced import charges and Value Added Tax, saying “the price of cooking gas may soon be out of the reach of the average Katsina resident”.

A cooking gas marketer, Mal Adamu Ibrahim, who operates a gas station within the metropolis testified to this, saying, “the skyrocketing price of gas is our fear and what we are trying to avoid. Early in the year a 20-metric ton of gas was selling for below N5m but today, the same tonnage sells for N10.2m. As long as there is that supply shortage, the available quantity and the dynamics of supply-demand will keep pushing the price higher,” he said. He also condemned the gradual rise in the cost of cylinders over the years.

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He said all the raw materials used by the two cylinder manufacturing plants in the country were imported. He said, “The cylinder ownership structure in the country ensures that owners are in charge of their cylinders. Cylinders expire on the 15th year of usage from the manufacturing date. Because of the high replacement cost, consumers buy what they can afford. This has equally encouraged the proliferation of substandard cylinders in circulation. The regulators are working hard to monitor the standard of cylinders coming into the country.

“The progress in cylinder acquisition still needs government input to ensure that the cost of materials for cylinder production get the necessary exemption from duties but however the state of our local currency still remains a major problem.”

He further said that government needed to interface with the relevant stakeholders in the sector, to know how to go about nipping this in the bud, before the situation gets out of hand.

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Mena Patience in Kastina

Mena Patience in Kastina

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