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Nigerian Govt Set To Ban Export Of Cooking Gas

News

February 23, 2024

The Federal Government says it is interacting with the critical sectors to halt exportation of Liquefied Petroleum Gas (LPG), also known as cooking gas in view of its rising cost.

The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo who disclosed this at the opening of its Internal Stakeholders’ Workshop, on Thursday all LPG produced within the country would be domesticated to crash the price of gas.

On conversion of vehicles to Compressed Natural Gas (CNG), to cushion effect of fuel subsidy removal, Ekpo said he has been interfacing with the Presidential Initiative on CNG towards realising the goal.

According to him, the demonstration by the federal government by withdrawing all taxes and levies from importation of gas related equipment is a big incentive.