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.