FG stops export of cooking gas

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Abuja, Oct. 23, 2024 – The federal government has stopped export of Liquefied Petroleum Gas (LPG), as known as cooking gas, to check the soaring price.

Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas) announced the measure at a meeting with stakeholders to address the skyrocketing price and its attendant hardship on Nigerians in Abuja.

This was disclosed in a statement by Louis Iba, the Spokesman for the minister. 

He said the directive would take effect from November 1, 2024 when NNPCL and LPG producers would stop exporting the product.

The minister directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to meet with stakeholders to derive the pricing framework within 90 days.    (GBN)

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