HomeBusinessRevealed: Why NLNG is dedicating cooking gas prices to Nigerian market

Revealed: Why NLNG is dedicating cooking gas prices to Nigerian market

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NLNG has dedicated 100% of its LPG production to the domestic market, ending exports to boost access to cooking gasNigerians experience significant dip in cooking gas prices, now around N1,075 per kilogramNLNG reports record supply, contributing over $150 billion to Nigeria’s economy since 2005

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

Nigerians could see further relief in cooking gas costs after the Nigeria LNG Limited (NLNG) announced that it has dedicated 100 per cent of its liquefied petroleum gas (LPG), popularly known as cooking gas, to the domestic market, ending exports in a major push to improve access to cleaner and more affordable energy.

The announcement comes as cooking gas prices continue to decline across the country, offering much-needed respite to households battling the rising cost of living.

Cooking gas prices drop nationwide as NLNG halts exportsNLNG halts cooking gas exports as depots slash prices nationwide. Credit: Novatis
Source: Getty Images

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