Home News Excitement as COOKING GAS price CRASH

Excitement as COOKING GAS price CRASH

Excitement as COOKING GAS price CRASH

Dealers in Liquefied Petroleum Gas popularly known as cooking gas have expressed satisfaction over the fall in the price of the product

Excitement as COOKING GAS price CRASH
Excitement as COOKING GAS price CRASH

The dealers under the aegis of Nigerian Association of Liquefied Petroleum Gas Marketers, said the ban by the Federal Government of the export of LPG was what led to the reduction in price from N1,500 per kilometre to N900.

The National President, NALPGAM, Oladapo Olatunbosun who was speaking at a meeting with the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the FG’s policy of domestication of LPG stabilised its price in Nigeria.

Olatunbosun, as reported in a statement issued by the minister’s media aide, Louis Ibah, said: “We appreciate the fact that at the parley with us you (Ekpo) promised that the issue of exporting LPG in the face of inadequate supply and soar in prices will be addressed, and indeed you have taken steps to walk the talk.

“Today we say thank you because the ban on LPG export has made a lot of changes in the market and consumers can testify to this.

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“People who abandoned their gas cylinders due to price hike are coming back and we are confident that by the time the naira gains more weight, consumers will enjoy better price of LPG.”


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