Business
FG halts cooking gas exports in efforts to lower prices
On Thursday, February 23, the federal government made a decisive move by halting the export of Liquefied Petroleum Gas (LPG), commonly referred to as cooking gas, in a bid to alleviate the scarcity and steep price surge within the country.
He said: “We are interacting with critical stakeholders to ensure that there is no exportation of LPG.
READ ALSO: Three Police Officers Arrested, Charged After AK47 Rifle Stolen From Police Station In Kirinyaga
“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.”
-
Politics4 days agoSouth-South Govs Meet In Yenagoa, Urge FG To Review Power Situation
-
Politics5 days agoKogi gov, Ododo used immunity to protect Yahaya Bello from EFCC arrest – Oshiomhole
-
Politics4 days agoFormer IYC Scribe Congratulates Hon. Maxwell Ebibai on Reappointment as Bayelsa Commissioner for Finance.
-
Business4 days agoWhy CBN Banned Opay, Palmpay, Kuda Bank, Moniepoint From Boarding New Customers
-
Entertainment5 days ago‘Disrespectful’ – Mr Macaroni slams Wizkid for shading Don Jazzy
-
Politics4 days agoHon. Alapala Felicitates with Commissioners for successful inauguration and thank the governor for their appointments.
-
Niger Delta4 days agoRE: PROTEST AGAINST PAP BOSS DR DENNIS OTUARU, AN UNNECESSARY DISTRACTION THAT SHOULD NOT BE TAKEN SERIOUSLY.
-
News2 days agoLocal Content, Local Fraud