On a year-on-year basis, the average retail price for refilling a 12.5kg cooking gas increased by 89.10 per cent from N4,317.55 in April 2021.
The committees on petroleum resources and gas resources are to investigate and report back within six weeks.
The data also revealed that property worth N7 billion were saved while property worth N2.23 billion were lost to fire disasters in the year under review.
The NNPC GMD said the newly-inaugurated LPG plant would “reduce the cost of energy for Nigerians for the fact that LPG is cheaper than any other product…”
The Gazette reports that the price hike of these cooking fuels has become a source of worry in many households as it becomes more unaffordable.
The fire incidents were caused by careless handling of cooking gas and inferior electrical appliances.
The residents said the hike in the price of cooking gas within the span of a few months was alarming.
There was a nationwide increase in the prices of the essential household fuels.
Marketers have described as unfortunate President Muhammadu Buhari regime’s reimposition of VAT on cooking gas.
Jigawa, Ekiti and Kaduna States have the highest average price per gallon of kerosene.
