Excitement as price of cooking gas drops amid subsidy removal

Nigerian consumers have reacted positively to the sharp drop in the price of cooking gas across the country.

Market survey shows that the average price of cooking gas declined in the last one week owing to several factors.

For instance, a 12kg cylinder which sold for between N9,200 and N13,100 in May, now sells from N6,350 to N6,950 within Lagos and neighbouring Ogun State.

While a 6kg measurement currently goes for N3,175 on the average, a kilogram sells for N530, about N270 difference in price.

A freelance writer, Wale Adedayo, shared a receipt for cooking gas he purchased on June 1 via his Twitter handle.

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