The Nigerian federal government has halted the exportation of the Liquefied Petroleum Gas, commonly known as cooking gas.
The move is to increase the volume of cooking gas available for consumers in the domestic, which will also crash the price.
Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo announced the ban on the sidelines of the Internal Stakeholders’ Workshop that held in Abuja.
Ekpo said LPG producers in Nigeria and key stakeholders in the industry have been urged to stop the export of the the commodity out of Nigeria.
“We are interacting with critical stakeholders to ensure that there is no exportation of LPG.
“All LPG produced within the country will have to be domesticated.
“And when this is done, the volume will increase and of course, the price will automatically crash.”
Ekpo named international oil companies like Mobil, Shell, and Chevron as producers, that he hopes will cooperate with the government.
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