House of Reps to Probe ‘Outrageous Rise’ in Price of Diesel, Cooking Gas

House of Reps to Probe ‘Outrageous Rise’ in Price of Diesel, Cooking Gas

  • The rise in the cost price of cooking gas across the country has continued to generate heated debate in the polity
  • This is as federal lawmakers have decided to wade into the outrageous price of the item and diesel so as to come up with a solution for the good of the people
  • Meanwhile, in previous months, the cost price of gas dropped by a difference of N400 in the domestic market but in recent days, it has gone up drastically leading to more hardship for the people

On Tuesday, April 5, the House of Representatives resolved to investigate the sharp increase in the price of diesel also known as AGO and cooking gas in the country.

It, therefore, mandated its Committees on Petroleum Resources (Downstream) and Gas Resources to investigate the outrageous rise, with a view to ensuring that a reasonable price is fixed to alleviate the sufferings of Nigerians.

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The committees were given a time frame of six weeks by the House to conclude the assignment.

The motion, which led to the resolution was moved by a lawmaker from Imo state, Rep. Chike John Okafor, Leadership reports.

House of Representatives, Rise In Diesel, Cooking Gas Prices, Rep. Chike John Okafor, Imo state, Speaker, Rep. Femi Gbajabiamila
House of Reps is worried over the rise in the cost price of diesel and cooking gas prices. Photo credit: House of Representatives, Federal Republic of Nigeria
Source: Facebook

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This disclosure was also confirmed via a post on the official Facebook page of the House of Representatives, Federal Republic of Nigeria.

The speaker, Rep. Femi Gbajabiamila, presided over the plenary yesterday in Abuja.

Part of the motion reads:

“Also concerned that the hike in the cost of diesel is alleged to be the handiwork of unscrupulous stakeholders in the industry, and is tantamount to economic sabotage, causing untold hardships for Nigerians as it will result in an increase in prices of food as well as other goods and services.”

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Cooking gas: FG projects further reduction as price drops has reported that the market situation in the country seems tense at the moment following the rising cost price of goods in markets across the country.

On Thursday, January 6, the federal government said it was putting measures in place to ensure a further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas, The Punch reports.

It disclosed this while reacting to the recent marginal drop in the cost of cooking gas

N10k can no longer cook a pot of stew these days: Nigerian lady says, many people react

A young Nigerian lady with the Twitter handle @Ore_akiinde on Tuesday, March 5, stirred massive reactions on social media when she mentioned that N10,000 is no longer enough to cook a pot of stew.

In reaction to people's criticism, the lady said she meant from the scratch and that the price of chicken, cooking gas, one litre of oil, and others need to be factored in.

Things are now expensive She pegged the price of chicken at N4,000. There were some people who believed in her opinion that N10,000 is not enough going by the high cost of things in the market.


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