Relief for households, as cooking gas price falls to N900/kg

Cooking gas

Nigerian households are finally getting some relief, as the price of Liquefied Petroleum Gas, (LPG), better known as cooking gas, has fallen to N900 per kilogram, (kg).

This represents a significant decrease from the previous price of N1,500, which had put a strain on many families budgets.

The ban on LPG export has made a lot of changes in the market and consumers can testify to this, Oladapo Olatunbosun, president of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) while speaking at a meeting with Ekperikpe Ekpo, minister of state for Petroleum Resources (Gas).

Recall that on February 22, 2024, the federal government announced the immediate suspension of LPG exports to curb the rising cost of cooking gas.

Olatunbosun, in a statement released by the Ministers media aide, Louis Ibah, recounted that during a stakeholders consultative forum held in Abuja in February, the association had informed the Minister that several international oil companies operating in Nigeria were exporting significant quantities of gas.

Nigerian households are finally getting some relief, as the price of Liquefied Petroleum Gas, (LPG), better known as cooking gas, has fallen to N900 per kilogram, (kg).

This represents a significant decrease from the previous price of N1,500, which had put a strain on many families budgets.

The ban on LPG export has made a lot of changes in the market and consumers can testify to this, Oladapo Olatunbosun, president of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) while speaking at a meeting with Ekperikpe Ekpo, minister of state for Petroleum Resources (Gas).

Recall that on February 22, 2024, the federal government announced the immediate suspension of LPG exports to curb the rising cost of cooking gas.

Olatunbosun, in a statement released by the Ministers media aide, Louis Ibah, recounted that during a stakeholders consultative forum held in Abuja in February, the association had informed the Minister that several international oil companies operating in Nigeria were exporting significant quantities of gas.

Related posts

Leave a Reply