Federal government has stopped exportation of cooking gas.
This is to lower the price of the commodity in the country.
Minister of State, Petroleum Resources, Ekperikpe Ekpo, disclosed this at the ‘Internal Stakeholders’ Workshop’ in Abuja.
He said the country will no longer, for the time being export Liquefied Petroleum Gas (LPG), commonly referred to as cooking gas, in a bid to alleviate the scarcity and steep price surge within the country.
“We are interacting with critical stakeholders to ensure that there is no exportation of LPG.
“All LPG produced within the country will have to be domesticated. And when this is done, the volume will increase and of course, the price will automatically crash.
“I am in contact with the regulation, NMDPRA. We hold meetings almost on daily basis with the producers such as Mobil, Chevron, and Shell. So there is that hope that things will turn around. We don’t need to make noise about it,” the minister said. – DP
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