Business
Price of cooking gas drops in Lagos
CITIZENS COMPASS – Nigerian consumers have reacted positively to the sharp drop in the prices of cooking gas across the country.
Checks during the weekend revealed that the average price of cooking gas declined by about 90 percent in the last one week owing to several factors.
For instance, a 12kg cylinder which sold for between N9,200 and N13,100 in May, now sells from N6,350 to N6,950 within Lagos and neighbouring Ogun State.
While a 6kg measurement currently goes for N3,175 on average, a kilogram sells for N530, about N270 difference in price.
Wale Adedayo, a freelance writer, on Sunday, June 4, 2023, shared a receipt for cooking gas purchased on June 1 via his Twitter handle.