…drop from the peak of about N2,300 per kilogramme recorded in June, when soaring LPG prices placed additional pressure on household budgets.The decline could provide some breathing space for families that had been forced to reduce their gas consumption or switch to alternative cooking fuels because of high prices.Howev…
…kilogram. Recall that barely four days ago, Dangote Refinery and marketers reduced their LPG prices. Meanwhile, the recent upsurge in crude oil prices to around $94 per barrel has further heightened price anxiety in the petroleum market. Cooking gas price update in Nigeria as crude climbs
…Authority (NMDPRA). Cooking gas update in Nigeria after Dangote, depot owners reduce LPG prices
…daily in May and June. Liquefied Petroleum Gas also recorded weaker demand. Average LPG prices increased from N1,086 per kilogramme in January to N1,360 in February, N1,572 in March, N1,791 in April and N1,800 in May before easing to N1,661 in June. Consumption moved in the opposite direction, falling from about 4.9–5.…
…Follow Legit.ng on Instagram.Current cooking gas prices nationwideA survey of retail LPG prices shows significant differences across the country, with coastal states enjoying relatively lower prices than northern and inland regions.Cheapest states for LPGStates with direct access to coastal depots or major storage faci…
…gas costs to record highs.Fresh market checks by Petroleumprice.ng show that wholesale LPG prices have dropped to as low as ₦1,100 per kilogramme, down from an average of ₦1,500/kg recorded just days ago. At the height of the recent supply crisis, prices in some locations climbed close to ₦2,200/kg, placing additional…
…Ekperikpe Ekpo, gave the directive at an emergency stakeholders' engagement on rising LPG prices, following deliberations with regulators, producers, marketers and other industry players. The authority identified several factors responsible for the current rise in LPG prices, including global supply disruptions and pri…
…disclosed this on Monday in Abuja during an emergency stakeholders' meeting on rising LPG prices convened by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo. Umar described imports as the immediate solution to the LPG supply shortfall, saying the measure forms part of the authority's immediate and m…
…rising logistics costs, infrastructure constraints and fluctuations in international LPG prices. However, he stated that the commencement of LPG deliveries from the new Seplat gas facility in July would significantly boost national supply. The minister also confirmed that no producer is exporting LPG volumes designated…