According to a market survey carried out by Daily Trust at different parts of the country, major retailers of the product such as NIPCO Plc and IK Gases Ltd sell at N280/kg while other small retailers sell at N300 per kg.
In the first half of this year, the product averagely remains at N400/kg in many parts of the country. In Abuja and environs, the price of refilling a 12.5kg of LPG went as high as N6000 in the first quarter of the year. Also, LPG users spoken to have reported a drop in the price in Lagos, Kano, Kogi and Kaduna from what was obtained in the past.
LPG dealers attributed the drop in price to improved supply and distribution.
“There is more product coming in, that is the reason,” said President of the Nigerian Liquefied Petroleum Gas Association (NLGPA), Dayo Adeshina.
“By September or October the BOP jetty should be on stream so we shouldn’t be having any discharge problems, and immediately after that, there will also be another jetty, PWA, in Lagos. Once these jetties come on stream, we should see increased supply,” Adeshina said.
Managing Director of Lyushi Oil & Gas Ltd, Ibrahim Salka Bawa, also said, “There is availability of supply.”
The supply logjam that impeded stable availability of LPG was overcome recently following the unveiling of two LPG vessels in Ulsan, South Korea, by West Africa Gas Limited (WAGL), an NNPC joint venture company, and Sahara Energy Limited.
At the unveiling ceremony, Group Managing Director of the NNPC, Dr. Maikanti Baru, said the development promised to be a game changer in the supply network of LPG nationwide. PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> How I Made Me =N=2.5 MILLION In 7 Days from 2 Common Product I Imported and how you can do the same. Click HERE FOR FREE Details right now Warning To Men: This 3 Foods Is Killing Your Erection. Click Here To Know Them Secret Fruits that increased my Manhood and makes me last 55 minutes+ all time - Click here to get it Warning: Got Arthritis? 3 Simple Ways To Get Cured And Be Permanently Free From Joint Pains. Click Here To See Them REVEALED!! Reduce Your Blood Sugar Level And Reverse Diabetics Within A Short Period Of Time. Click Here To See How MIDNIGHT,Pressed Mr Kilanko Suddenly Couldn't Urinate. Shrink your Enlarged Prostrate Here! Click Here Now