spot_imgspot_img
spot_img

Federal Government Takes Action To Curb Cooking Gas Scarcity, Halts Export Of Product

Date:

The federal government says it has stopped the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas, to reduce the scarcity and soaring price in the country.

Minister of State, Petroleum Resources, Ekperikpe Ekpo, broke the news to reporters at the “Internal Stakeholders’ Workshop,” on Thursday, February 23 in Abuja.

Ekpo said the ministry is discussing constantly with critical stakeholders like the Nigerian Midstream and Downstream Petroleum Regulatory Authority and Operators such as Mobil, Chevron, and Shell to address the issue.

He explained that once there is a stoppage of the export of locally produced domestic gas, there will be more volume for the domestic market which will automatically reduce the price of the product.

Share post:

Subscribe

spot_img

Popular

More like this
Related

Passion 94.5 FM Radio Uyo, Rewarded For Outstanding Broadcasting By Akwa Ibom Radio Callers

Radio Callers’ Association of Nigeria, Akwa Ibom State Branch...

President Tinubu Reaffirms Administration’s Resolve in Achieving Economic Security

President Bola Tinubu has reiterated that individuals considering threats...

APC Petitions National Judicial Council Over Kano Judgement

The All Progressives Congress (APC) has taken legal action...

President Tinubu Directs NYSC, Ministry To Include NOUN Graduates For Service

President Bola Tinubu has directed the Ministry of Education...