Tag
COOKING GAS
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned retailers of Liquified Petroleum Gas (LPG) otherwise...
The average price of Liquefied Petroleum Gas (Cooking Gas) rose by 3.32% month-on-month, increasing from N6,699.63 recorded in September 2024 to N6,915.69 in October 2024.
The federal government has ordered the Nigerian National Petroleum Company Ltd. (NNPC Ltd.) and Liquefied Petroleum Gas (LPG) producers to halt the export of LPG or cooking gas from November 1 to reduce prices across the country.
The average price of a 12.5kg Liquefied Petroleum Gas (cooking gas) in the South-south geopolitical zone reached N16,524 in August according to data from the National Bureau of Statistics (NBS).
The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) in Nigeria dropped by 14.23% in July 2024, falling from N6,966.03 in June to N5,974.55.
In the wake of recent nationwide hunger protests, prices of cooking gas and food items have surged dramatically in Kaduna.
The Nigeria National Petroleum Corporation (NNPC) Limited has partnered with the South African gas company PayGas to enhance the availability of affordable Liquefied Petroleum Gas (cooking gas) in semi-rural areas across Nigeria.
The average retail price of 5kg of Liquefied Petroleum Gas (cooking gas) increased by 13.75% from N6,521.58 recorded in April 2024 to N7,418.45 in May 2024.
The average retail price to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 42.97%, from N4,610.48 in March 2023 to N6,591.62 in March 2024. Comparatively, the price saw a monthly increase of 7.10% from N6,154.50 in February 2024.
In February 2024, the cost to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose to N6,154.50, marking a N1015.25 (19.75%) increase from January 2023's price of N5,139.25.
The Federal Government has banned the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas in order to increase the volume of supply and crash the prices across the country.
Last week, while Nigerians faced rolling blackouts, the country took a significant step forward in gas logistics which could have significant implications, and lessons, for the wider sector and economy.