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Daily Trust - Retailers, consumers decry rise in cooking gas prices

Umudu said the price of 12.5kg cooking gas had increased from about N3,200 to about N5,000 in some parts of the country within the last few weeks. He said: “We as retailers are not happy with the increment because we are no longer getting patronage as we used to.   Firewood, kerosene options “Some people in semi-urban areas have switched back to firewood and kerosene stoves because they cannot afford to refill their gas cylinders. “This totally negates all the efforts the government has been making to encourage Nigerians to embrace gas as the preferred choice for cooking in their homes. “

FG inaugurates committee on petrol as new price regime takes off

Punch Newspapers Sections Adelani Adepegba, Abuja The Federal Government has inaugurated the ‘Bipartite Plus Committee’ on technical framework on the pricing of Premium Motor Spirit popularly known as petrol. This is happening as the new price regime for PMS announced last week by the government, officially took off on Monday. The inauguration was sequel to the outcome of a series of bipartite meetings between the Federal Government and the Organized Labour represented by the Nigeria Labour Congress and the Trade Unions Congress to fashion out a framework to monitor and stabilise the petrol pump price. The parley had agreed on December 8 to reduce the fuel pump price by N5 from N168 to N162.44 per litre with effect from December 14.

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