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Federal Government Bans Cooking Gas Exports To Stabilize Soaring Prices


By Edeawe Happiness

The Federal Government has stopped the export of locally produced Liquefied Petroleum Gas, also known as cooking gas, to prioritize domestic supply.

 

The measure announced by the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, will begin November 1, 2024, and is to tackle the high gas price in Nigeria.

 

This was contained in a statement by the spokesman of minister, Louis Ibah, in Abuja.

 

Ibah said the decision was reached after the minister convened a high-level meeting in Abuja with stakeholders to address the skyrocketing price and its attendant hardship on Nigerians

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