The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has accused immoderate retailers of exploiting the ongoing proviso shortage of Liquefied Petroleum Gas (LPG), commonly known arsenic cooking gas, to arbitrarily summation prices crossed the country.
Speaking connected Channels Television’s The Morning Brief connected Wednesday, NALPGAM National President, Oladapo Olatunbosun, said the product’s terms had not been officially increased, blaming profiteering retailers for taking vantage of impermanent proviso gaps.
“But I indispensable accidental categorically that the terms of state has not gone up. No increment has been done officially. What is happening is that radical are catching up connected the small shortage successful proviso and the marketplace forces that person made request spell higher than the disposable quantity. They are catching up connected it to marque bully money, which is wrong. We frown astatine this arsenic an association,” Olatunbosun clarified.
He assured consumers that normalcy would instrumentality soon, expressing optimism that prices would stabilise erstwhile proviso improves.
“By the grace of God Almighty, successful the adjacent fewer days, normalcy volition come,” helium said, adding that Nigerians would proceed to bask affordable LPG erstwhile the proviso concern eases.
Explaining the basal causes of the existent scarcity, Olatunbosun attributed it to an “artificial” disruption successful proviso caused by impermanent attraction astatine the Dangote refinery and a caller onslaught by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).
He said the Dangote refinery, which had been supplying up to 50 trucks of LPG regular to assorted parts of the country, had reduced operations owed to attraction work, forcing marketers to trust heavy connected Apapa depots for supply.
“There was a clip trucks were spending astir 13 to 14 days successful the Dangote gait earlier they could get products,” helium explained.
Olatunbosun added that the PENGASSAN onslaught further worsened the concern by halting the offloading of LPG vessels, arsenic officials were unavailable to inspect cargoes. “They didn’t halt production, but everybody had rushed to Apapa, and each the depots determination were dry,” helium said.
He, however, expressed assurance that erstwhile operations resume fully, proviso volition stabilise and prices volition normalise.
The station Cooking state shortage: Marketers blasted retailers for terms surge appeared archetypal connected Vanguard News.

4 weeks ago
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