Price surge: Nigerian Govt bans export of cooking gas …C0NTINUE READING HERE >>>
Amid the hike in the price of the Liquefied Petroleum Gas, LPG, also known as cooking gas, the Federal Government has banned the export of the commodity produced in Nigeria.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said this in a statement, expressing worry over the rising cost of the commodity.
The prices of the commodity have increased from an average of N1,100-N1,250 per kg to N1,525 per kg.
According to the statement, Ekpo convened a meeting with key stakeholders in the LPG value chain to address the escalating prices and the hardship they impose on…
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