Some Residents of Ibadan, Oyo State capital at the weekend trooped to liquefied natural gas stations to refill their gas cylinders as report indicates an imminent increase of the product.
Radio Nigeria Correspondents who monitored the situation also observed that long queues of customers were seen trying to fill their cylinders at a popular gas station in Molete area of the Metropolis.
One of the customers who declined to mention his name said he came to the gas station to quickly get the product before the reported increment.
He noted that the product which was previously sold at six hundred naira per Kilogram now sells for six hundred and fifty naira.
Recall that the Nigerian Association of Liquefied Petroleum Gas Marketers had last week said the hike in the foreign exchange rate and activities in the international market may result in the increase in price of cooking gas.
President of the Association,Mr Olatunbosun Oladapo who issued the warning in Lagos noted that a gas terminal operator sent out an official notification of the changes in price, attributing the increase to a significant hike in foreign exchange rate and scarcity of same.
Radio Nigeria
