An official with the Federal Ministry of Petroleum Resources has denied claims that locally produced cooking gas is being exported in foreign currency at the expense of domestic consumers, insisting that a ban on Liquefied Petroleum Gas exports remains in force despite rising prices and supply concerns across the country.
The clarification followed concerns by cooking gas retailers that some locally produced LPG was being sold to West African buyers because it was more profitable than supplying the domestic market.
The Chairman of the Liquefied Petroleum Gas Retailers Association, Ayobami Olarinoye, had told The PUNCH that the persistent scarcity and high prices of cooking gas were being worsened by limited product availability and alleged exports by a local refinery.
Speaking exclusively with The PUNCH, the spokesman for the Minister of State for Petroleum Resources (Gas), Louis Ibah, dismissed the claim, saying the Federal Government’s restriction on LPG exports remains in
This post was originally published on this site.
