FG gives latest update on Price of gas

Federal Government said it currently putting measures in place to ensure further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas.

It disclosed this while reacting to the recent marginal drop in the cost of cooking gas. The development forced some users to shift to charcoal or firewood, as consumers of the commodity raised the alarm over the persistent hike in its price.

According to findings, the price of 12.5kg has dropped from 8,800 naira to between 8400 naira and 8,200 naira. In some outlets, the price of the commodity dropped to between 7,800 naira and 8,000 naira as of yesterday.