Reason cooking gas price won’t crash despite export ban

Reason cooking gas price won’t crash despite export ban …C0NTINUE READING HERE >>>

Despite the implementation of a Liquefied Petroleum Gas (LPG) export ban on November 1, 2024, Nigerians may not see significant reductions in cooking gas prices, experts have warned.

The ban, designed to stabilize prices and improve local availability, mandates domestic producers, including the Nigerian National Petroleum Company Limited (NNPCL), to either halt LPG exports or import equivalent volumes at cost-reflective prices.

Minister of State for Petroleum Resources (Gas), Ekperikpe…

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