Nigeria Bans Cooking Gas Export Amid Price Surge

The Federal Government has banned the export of Liquefied Petroleum Gas (LPG), also known as cooking gas, produced in Nigeria, as the price of the commodity continues to soar. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, expressed concern over the rising cost of LPG in a statement issued by his media aide. Despite efforts to stabilize prices, including the formation of a high-level committee in November 2023 led by the Authority Chief Executive of the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Farouk Ahmed, prices have…

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