Nigerian government denies ordering CNG price hike, which doubled costs, straining the economy.

The Nigerian government has denied directing a price increase for Compressed Natural Gas (CNG), stating that recent hikes were made independently by private operators. Despite the rise, which doubled the cost to around 450 naira per standard cubic meter, the government asserts that CNG remains cheaper and cleaner than petrol and diesel. The price increase has caused economic strain, including higher transportation and food costs for Nigerians.