Marketers urge FG to address rising gas prices

The Nigerian Association of Liquefied Petroleum Gas Marketers has called on the Federal Government to find ways to ensure stability of gas prices and make it available to the common Nigerians.

This call was made during the 36th annual general meeting/conference of the association, by the NALPGAM National President, Abideen Olatunbosun,with the theme, ‘Expanding gas utilisation beyond imagination’, in Ibadan, Oyo State, on Tuesday.

He said that if nothing was done to the increase in price, gas would soon be a commodity for the few rich.
“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 need to find ways to ensure the stability of gas price 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 quality of our lifestyle and the economy will grow. The hike in price of gas is a concern to all.”

The Guest Speaker, Prof Sunday Isehunwa of the Department of Petroluem Engineering, Faculty of Technology, University of Ibadan, in his lecture, identified changes in demand, changes in supply, natural gas production and consumption, changes in price and electricity pricing as some challenges facing LPG market in the country.