Nigerians are facing yet another wave of hardship as the price of Liquefied Petroleum Gas (LPG), commonly used for cooking, skyrockets to an all-time high of ₦1,500 per kilogram. This latest surge has driven the cost of a 12.5kg cylinder to an average of ₦17,000 in Abuja, a staggering 41.6% increase since July when it […]
Tag: Gas price
BREAKING: Fed Govt Halts Cooking Gas Export To Reduce Price Surge
In a bid to alleviate the scarcity and soaring prices of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, the Federal Government has announced the cessation of its exportation. The disclosure was made by the Minister of State for Petroleum Resources, Ekperikpe Ekpo, during the “Internal Stakeholders’ Workshop” held in Abuja, centered on “Harnessing […]
Presidency Announces CNG Price To Drop To ₦230 Per Kg
Toyin Subaru, the Special Assistant to the President on Special Duties and Domestic Affairs, has reassured Nigerians that the forthcoming deployment of Compressed Natural Gas (CNG) buses will result in a reduced CNG price of ₦230 per kilogram. This comes in conjunction with the government’s initiative to introduce 11,500 gas-powered buses nationwide next week, aimed […]
NMDPRA To Announce New Gas Prices Today
After a review with the Adviser to President Bola Tinubu on Energy, Olu Verheijen, the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release the new gas pricing template today. The Authority Chief Executive Officer Engr. Farouk Ahmed broke the news at the launch of the headquarters of “Decade of Gas,” in Abuja. He noted […]