Liquefied Petroleum Gas (LPG) marketers have informed Nigerians that with the galloping gas price hike, the commodity might soon be for only rich people.
The marketers also appealed to the Federal Government to address the issue, saying the price instability remains a massive challenge to their business survival.
The marketers under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) said the government needs to find a way to ensure the stability of gas prices.
The National President of NALPGAM, Mr. Abideen Olatunbosun, made the appeal on Tuesday at the association’s 36th Annual General Meeting.
He said: “It is very vital for me to say that the galloping hike in the price of gas in recent times stands as a big challenge to LPG marketers.
“The government needs to find ways to ensure the stability of gas prices as well as make gas available to the common Nigerians. If nothing is done to the increase in price, gas will soon be a commodity for the few rich in our society.
“As a country, we need to improve on our gas utilisation level. If we adopt gas, it will save our forest, improve the quality of our lifestyle, and the economy will grow. The hike in the price of gas is a concern to all.”
