Tag: #LPGPriceSurge
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FEDERAL CAPITAL TERRITORY RESIDENTS SOUND ALARM OVER SOARING COOKING GAS PRICES
Residents in Abuja and across the Federal Capital Territory are feeling the heat as Liquefied Petroleum Gas (LPG), popularly known as cooking gas, sees sharp price hikes following the recent PENGASSAN strike. Prices for 1kg cylinders skyrocketed from around ₦1,100 to as much as ₦1,800 in many outlets, straining household budgets. Businesswoman Mrs. Tina Okojie…
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FG ORDERS TOUGHER MONITORING OF LPG DEPOTS TO STOP HOARDING AMID PRICE SURGE
The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to step up monitoring of Liquefied Petroleum Gas (LPG) depots to prevent hoarding following recent sharp price increases. Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, revealed that LPG prices have jumped from around N1,000–N1,100 per kg to as…
