Cooking Gas Prices Soar to N1500/kg in Nigeria

Economic Impact of Rising Cooking Gas Costs in Nigeria

The price of cooking gas in Nigeria has reportedly surged to ₦1,500 per kilogram, adding to the growing economic pressures faced by households across the country.

This sharp increase has sparked widespread concern, as many Nigerians rely on cooking gas for their daily needs. The rising cost is linked to various factors, including inflation, supply chain disruptions, and the volatility of the global energy market.

This price hike has hit consumers hard, especially those in lower-income brackets, who are now struggling to afford basic necessities.

The rise in the cost of cooking gas also adds to the broader cost of living crisis in Nigeria, where inflation has already affected food, fuel, and other essential commodities.

There are calls for government intervention to stabilize the price of cooking gas and provide relief for citizens.

Without measures to address this spike, many Nigerians may be forced to resort to alternative, less efficient, and potentially harmful sources of fuel, such as firewood or kerosene, which could also have environmental and health consequences.