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Nigeria, India: Consumers dump kerosene, gas as high prices persist – Study

THE relatively high prices of kerosene and cooking gas have compelled many households to take to increased utilisation of firewood in Nigeria.

Investigation by Vanguard showed that while the price of kerosene currently stands at between N200 and N300 per litre, depending on location, the price of cooking gas stands at N4,000 (N12.5 kg), which many households said they cannot afford.

Gas Cooking Gas A visit to some markets in Lagos and its environs showed that trading in firewood, charcoal and cow dung has become a very brisk business. Many previously fertile lands were also observed to be bare in the outskirts, including Ikorodu and Ijebu Ode, thus exposing the environment to deforestation, erosion and other environmental challenges.

Study In their recent study obtained by Vanguard, the Global Subsidies Initiative of IISD, with ENERGIA and partners, Spaces for Change, IRADe and Bangladesh Institute for Development Studies stated: “With a 40-50 per cent price increase in India and Nigeria, the majority said they would reduce subsidised fuel consumption and/or revert to biomass.

Vanguard, Tuesday 19, March.

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Ripples Nigeria

We are an online newspaper, very passionate about Nigerian politics, business and their leaders. We dig deeper, without borders and without fears.
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