Price
of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas,
remained astronomically high despite the resolution of the
tax-induced row between the Nigerian Maritime Administration and
Safety Agency (NIMASA) and the Nigeria Liquefied Natural Gas Limited
(NLNG) by a High Court in Lagos State.
The
protracted legal battle forced NIMASA to detain vessels of NLNG at
the Bonny Terminal preventing them from lifting LPG until it settled
unpaid levies and other charges that run into billions of naira.
Investigations
by Daily Sun in Lagos metropolis revealed that the 12.5kg gas
cylinder, which hitherto sold for between N2,500 and N2,800 now goes
for over N4,000 and may hit N7,000 soon if government fails to
intervene.
Gas
dealers who spoke with Daily Sun said the product remained scarce for
about a month running, stressing that the price might go beyond the
current level if the scarcity persisted.
Wale
Olowojoba, a major gas dealer in Ikeja said all his supply channels
had run out of stock. “We thought the row between these two bodies
will be resolved in a short while but it actually took weeks. Now all
major gas dealers have run out of stock. It’s a serious matter and
the price is increasing almost everyday. The effect of the resolution
of the tax war is yet to be felt,” he said.
Na
wa oh. If this was something you could buy and store, I would have
said, go buy and keep but it's not. So I just hope they resolve this
on time before my own runs out.
this is serious oooo
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