✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Marketers blame terminal operators for rising gas cost

The Nigerian Association of Liquefied Petroleum Gas Marketers has alleged that terminal operators incessantly increase the price of gas without any justification.

The marketers, led by their president, Oladapo Olatunbosun, on Monday told the Senate Committee on Gas that NNLG has been consistent with its supply but some terminal operators have disrupted the availability of gas to Nigerians.

Olatunbosun said, “The cabals are making it difficult for the average Nigerian to have access to gas. As of today, gas is sold by these terminal owners for N16.8m for 20 metric tonnes whereas NNLG sells to them for a little bit less than N9m.

SPONSOR AD

“When people go to fill their gas today, the least they get is N1,200 per KG imagine the pain of Nigerians.”

Boko Haram kills 7, releases 3 in Borno

Security operatives rescue 3, neutralise 1 bandit in Kebbi

“These cabals hide behind forex but the question is, does NNLG get paid in dollars? No. All the transactions are completed in naira. What is the role of forex in this situation?”

The marketers warned that if adequate measures were not taken to address the issue, by December, 12,5kg gas would sell for N25,000.

The Senate committee’s chairman on gas, Senator Jarigbe Jarigbe, assured the marketers that the Senate would not let the issue slide.

“We promise to match words with action,” he said.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.