Mr Ajujumbu attributed the recent surge in LPG prices to global market pressures and local supply challenges.
The Liquefied Petroleum Gas Retailers (LPGAR) says to boost liquefied petroleum gas utilisation, the government needs to encourage investors by giving all necessary incentives that can lower its price
“We are appealing to the federal government to provide incentives to the LPG investors to make the price affordable,” said Mr Olarinoye.
According to Mr Olarinoye, the price has increased in the last four weeks, but retailers have largely borne the burden.
Mr Umudu said the policy should encourage importation and production of standard cylinders.
The retailers said prices had increased by about N1,000 for 12.5kg size and N80 for 1kg within the last two weeks across the country.
