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FG Suspends Cooking Gas Export, Gives Reasons

FG Suspends Cooking Gas Export, Gives Reasons As part of measures to address the increasing scarcity and rising prices of cooking gas (Liquefied Petroleum Gas – LPG) in Nigeria, the federal government has taken decisive action. The Minister of State for Petroleum Resources, Ekperikpe Ekpo, announced...

Minister Discloses Plan to Improve Country’s Gas Sector as Debt Hits $1.3bn

Minister Discloses Plan to Improve Country’s Gas Sector as Debt Hits $1.3bn The Federal Government is now implementing measures to significantly reduce the cost of Liquefied Petroleum Gas, popularly called cooking gas, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, announced on Tuesday. Ekpo...

Cooking Gas Prices Rose by 8.70% in 2023 – NBS

Cooking Gas Prices Rose by 8.70% in 2023 - NBS   The price of cooking Gas continued to rise in the last quarter of 2023, adding to the strain on consumers who were already struggling with the rising cost of living. According to data from the National...

Cooking Gas Crisis: FG Sets Up Committee to Crash Price

Cooking Gas Crisis: FG Sets Up Committee to Crash Price   To arrest the escalating price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, the Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo, has constituted a committee with the mandate to come up...

Cooking Gas: Demand Declines Over Price Hike

Cooking Gas: Demand Declines Over Price Hike   In spite of several interventions by the Federal Government to increase supply and boost local consumption, Liquefied Petroleum Gas or cooking gas demand has fallen. Gas retailers over the weekend said that cooking gas demand had fallen due to...

Cooking Gas Price Hike: NLNG Faults Market Forces, External Factors

Cooking Gas Price Hike: NLNG Faults Market Forces, External Factors The Nigerian Liquefied Natural Gas Company Limited (NLNG) has denied responsibility for the recent price hike in the country’s cooking gas. In a statement, NLNG’s General Manager, External Relations, Andy Odeh, described media reports insinuating that...