Amidst complaints of a hike in the price of liquefied petroleum gas (LPG) or cooking gas, the Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), Mr Bassey Essien, says the Federal Government alone cannot halt the hike in the price of the product across the country.
Essien, in a statement issued in Lagos on Tuesday, April 13, said “the major issue we have with gas price is that 65 per cent of what we are consuming is imported, so the price of gas is affected by what is happening in the global market because though Nigeria produces about four million metric tonnes of gas annually, only 350,000MT is allocated to the domestic market”.
Noting that the Nigerian Liquefied Natural Gas (NLNG) is an incorporated Joint-Venture owned by four shareholders, Essien said government alone cannot increase the allocation to meet the full domestic demand without the buy-in of other partners of the NLNG.
The executive secretary disclosed that the hike in the price of cooking gas was affecting government’s National Gas Expansion Programme, which was aimed at deepening gas utilisation in Nigeria, adding that some users of LPG were gradually reverting to the use of kerosene and firewood, with obvious health implications.
Many ordinary Nigerians are currently agonising over the effect of the soaring price of cooking gas.