Residents of Calabar are grappling with soaring cooking gas prices, which have surged from N1,300 to between N1,750 and N1,900 per kilogram. This spike has ignited concerns among households, many of whom rely heavily on gas for daily cooking needs. The increase has been attributed to a combination of rising global gas prices and local supply chain challenges.
Stakeholders express frustration over the economic strain. "This price hike is unbearable for families already struggling with inflation," says Emma Nwankwo, a local community leader. "We need immediate government intervention to stabilize prices and ensure access for all." The sentiment reflects a broader issue in Nigeria, where rising energy costs intersect with economic hardship.
Looking ahead, the situation calls for urgent policy responses. As gas prices continue to climb, the potential for unrest grows among consumers who feel the pinch of inflation in their daily lives. Stakeholders hope that both federal and state governments will prioritize energy affordability to alleviate the burden on households and promote economic stability.