Marketers blame terminal operators for rising gas cost

The Nigerian Association of Liquefied Petroleum Gas Marketers has alleged that terminal operators incessantly increase the price of gas without any justification. The marketers, led by their president, Oladapo Olatunbosun, on Monday told the Senate Committee on Gas that NNLG has been consistent with its supply but some terminal operators have disrupted the availability of […]

The Nigerian Association of Liquefied Petroleum Gas Marketers has alleged that terminal operators incessantly increase the price of gas without any justification.

The marketers, led by their president, Oladapo Olatunbosun, on Monday told the Senate Committee on Gas that NNLG has been consistent with its supply but some terminal operators have disrupted the availability of gas to Nigerians.

Olatunbosun said, “The cabals are making it difficult for the average Nigerian to have access to gas. As of today, gas is sold by these terminal owners for N16.8m for 20 metric tonnes whereas NNLG sells to them for a little bit less than N9m.

“When people go to fill their gas today, the least they get is N1,200 per KG imagine the pain of Nigerians.”

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“These cabals hide behind forex but the question is, does NNLG get paid in dollars? No. All the transactions are completed in naira. What is the role of forex in this situation?”

The marketers warned that if adequate measures were not taken to address the issue, by December, 12,5kg gas would sell for N25,000.

The Senate committee’s chairman on gas, Senator Jarigbe Jarigbe, assured the marketers that the Senate would not let the issue slide.

“We promise to match words with action,” he said.