But we no dey import cooking gas na.
How is forex affecting it?
If una say cost of production dey increase. I go say no wahala. But forex. That wan I no understand

Hmm

Where is Backbencher to come give us proper explanation

SandraIkuboR:
hmm

Cooking Gas that is refined in Nigeria, wetin concern forex and oil prices with am

Dudukemoi:
The price is so terrible

720 per litre last week. How much now?

Our NLC is dead and buried

Angelfrost:
What a country... Nobody can ever catch a break under this administration! Not even for a day!

you no fit just take a break from bad news

erikinamf:
alright

It shall never better for you and your family for spamming this Nairaland

It is terrible. I just refilled now. N1000/kg. Where is Nigeria please? It seems it has disappeared from the world.

Opposition members want to make life hard for Nigerians.

These PDP dogs will do anything to hang on to power.

ijustdey:



https://punchng.com/marketers-blame-oil-price-forex-as-cooking-gas-price-rises-again/

I dey sell am for 700 naira rate.. some other vendors dey sell am at 750 and 800 naira respectively..

It seems the suffering, persecution, problem, crying and wailing under this administration has no end.

KekeMaruwa:
Wahala be like LPG price, laslas everybody go switch to propane.

Olodo What's na the difference LPG is called propane gas also.

Is the gas not produced in Nigeria that forex will be affecting it

See 1k wey be say before now, na like 4-5 kg I for get but na only 1kg I take buy am this morning. E no go ever better for Buhari and APC.

Emmafrancis:
I need someone to educate me here. Please how can the hike in the price of dollar affect a product that is produced locally in Nigeria? Do the dealers buy the gas with dollars here in Nigeria?
Also whats the connection between crude oil price and natural gas? The two are different, why should the hike in price of crude affect gas?

"Understanding Nigeria problems" na 20 unit course

We still don't produce enough gas in Nigeria so majority of the gas is still imported.
Crude oil and Natural gas come from the same oil well.Natural gas appears first before the crude oil is reached in the oil well that is the connection.

Politicians go take our eye see shege for this upcoming election.

2023 is around the corner

2015 when the APC first came into office. For that, let us have a quick glance at a few “bread and butter” issues. A bag of rice (50kg) was N10k in 2015, it is now N30k+. Petrol was N87/Ltr in 2015, it is now N165/Ltr and rising. Diesel was N151/Ltr in 2015, it is now N650/Ltr. Cooking Gas (12.5kg) was N2,800 in 2015, it is now N8,500. Inflation was 9.3% in 2015, it is now 15.7%. Foreign Debt was $10bn in 2015, it is now $38bn. Domestic Debt was N12tn in 2015, it is now N22.4tn.
What else will be left polluted

This is why we support Russia to raise to the occasion. It is clear that america has become insensitive!

Russia must raise

FalseProphet1:
By the time Buhari hands over, Nigeria will be without electricity, people will be using horses, Carmela and donkeys for transportation, pure water will be so expensive that people will be drinking directly from wells streams and rain, gas will be out of the reach of the common man that he'll resort to firewood.

Transistor radios will replace phones and other gadgets, there will be no television as the average Nigerian won't be able to afford it, earthen pot will replace fridges for chilled water.

And even after all this, I see our useless youths lining up to vote APC come 2023.

This I have seen.

This word is for mannabbgrills and the owomida urchins.

Vickkymanny:
As long as Buhari still dey in power, nothing dey shock me again. Btw, I get Bluehost pro web hosting for sale, I just buy keep, never use am before. Selling at a cheap price!

keep blaming Buhari and not look for way out,as for Buhari and others their lives is secured. Scoring points with comments will not add a penny to bank account or change the situation. For the record I am not a supporter of Buhari or any God damn Nigerian politician.

Bad news in Nigeria left Right and Center.


Vulture griller you’ve been quiet for a while. If him hear IPOB him preek go stand.


Bastard$ everywhere

seanwilliam:
God bless Buhari
Continue giving us what we deserve

Till God gives him and his minions what they deserve too. In the end, be you the oppressor, friends of the oppressor or the oppressed, everybody go chop breakfast las las.

Vickkymanny:
As long as Buhari still dey in power, nothing dey shock me again. Btw, I get Bluehost pro web hosting for sale, I just buy keep, never use am before. Selling at a cheap price!

NA COOKING GAS YOU TOO COME SELL HERE ?

OK

Emmafrancis:
I need someone to educate me here. Please how can the hike in the price of dollar affect a product that is produced locally in Nigeria? Do the dealers buy the gas with dollars here in Nigeria?
Also whats the connection between crude oil price and natural gas? The two are different, why should the hike in price of crude affect gas?

"Understanding Nigeria problems" na 20 unit course

Oh For fuvk sake

Nigeria imports more than 55% of it LPG(cooking gas) which requires forex..

LPG is one of the derivatives of crude oil...so once crude oil prices go up..the prices of all it derivatives including LPG (Cooking gas ) goes up..

Lastly Nigeria doesnt subsidies cooking gas...so the masses feels the heat..

What we need now is dangote refinery to be come full operational as LPG us one of the products they will produce in abundance..

bbode1:
But we no dey import cooking gas na.
How is forex affecting it?
If una say cost of production dey increase. I go say no wahala. But forex. That wan I no understand

We import cooking gas..
Do ur research..

Cooking gas is not natural gas
.