Tag
LPG
Olu Verheijen, the special adviser on energy to President Bola Tinubu, has stated that the recent oil and gas reforms by President Bola Tinubu are geared towards revamping the economy and improving revenue generation from the sector.
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.
Oladapo Olatunbosun, criticized the NCS for its alleged reluctance to enforce the presidential directive on zero import duties for gas items.
Federal government has decided to waive customs duty and value-added tax (VAT) on the importation of liquefied petroleum gas (LPG) also known as cooking gas and its associated equipment.
With the yuletide season fast approaching and with the restrictions at the Panama Canal getting even tighter, some analysts project cooking gas might cost up to N1500 per kilogram at Christmas.
Cooking gas (Liquefied Petroleum Gas) has become scarce in Lagos. This is according to Oladapo Olatunbosun, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers.
Liquefied Petroleum Gas (cooking gas) prices showed decreases for 5kg and 12.5kg refill between September 2022 and September 2023.
In Nigeria, liquefied petroleum gas (LPG) has been on the rise since September 2023, steadily growing, and is...
Barely five months after Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited said the company would no longer be the sole importer of petrol into the country, he has said foreign exchange issues have not allowed private companies to import petroleum products.
LPG marketers have appealed to the Federal Government to tackle the surging increase in gas prices.
NNPCL achieved substantial success in marketing a significant volume of LPG, NGL, GTL, and NLNG feedstock in the international market.
Gas retailers have warned that the price of 12.5kg Liquefied Petroleum Gas (LPG) otherwise known as cooking gas may hit N18,000 by December if the Federal Government does not restrict the activities of the terminal owners.