Mr Tony Attah, the Managing Director and Chief Executive Officer, Nigerian Liquefied Natural Gas (NLNG) on Wednesday said the company has not increased the price of Liquefied Petroleum Gas (LPG), also known as cooking gas.
Attah stated this during the company’s presentation of “2017 Facts and Figures on NLNG’’ in Lagos.
Attah, however, attributed the price hike by retailers to acute infrastructural challenges for discharging cooking gas nationwide.
He said the only jetty available for discharging the product was in Lagos, adding that the additional costs of sending the product to different parts of the country was responsible for the hike in its price.
According to the Managing Director, it is ridiculous that what the NLNG produces in Bonny Island, we have to take to Lagos before bringing it back to Port Harcourt for usage.
Attah disclosed that the company…
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