Stakeholder attributes soaring gas price to supply shortage
Mr. Patrick Ilo, the Managing Director of Petrocam Trading Nigeria Limited, has said the major reason the product is costly is because NLNG is not supplying enough product to go round the country. Ilo disclosed this during the inauguration of the Petrocam Trading Nigeria of a new solar-powered LPG filling skid station in Itele, Ogun State.
He, therefore, urged the Federal Government to ensure that the Nigeria Liquefied Natural Gas (NLNG) allocate more Liquefied Petroleum Gas (LPG), otherwise known as cooking gas to the domestic market to meet the growing demand of the people.
“As we speak, the allocation they give to people like us is very minute. They give us allocation for the commodity once in two weeks and it is around 200 metric tonnes. We depend on imported LPG and this comes at additional cost,” he explained.
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