The Federal government has halted cooking gas exportation in a bid to lower the price of the commodity in the country.
Minister of State, Petroleum Resources, Ekperikpe Ekpo, broke the news to reporters at the ‘Internal Stakeholders’ Workshop’ in Abuja.
The theme of the workshop is ‘Harnessing Nigeria’s Proven Gas Reserves for Economic Growth and Development’.
He said the country will no longer, for the time being export Liquefied Petroleum Gas (LPG), commonly referred to as cooking gas, in a bid to alleviate the scarcity and steep price surge within the country.
“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.
“I am in contact with the regulation, NMDPRA, we hold meetings almost on daily basis, and the producers such as Mobil, Chevron, and Shell. So there is that hope that things will turn around. We don’t need to make noise about it,” the minister said.
