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The FG has ordered security agencies to crack down on LPG hoarders, illegal storage operators, and product diversion amid rising cooking gas pricesCooking gas prices have surged to as high as N2,500 per kilogram in some areas, driven by supply shortages, logistics challenges, and market distortions LPG marketers have urged the government to prioritise domestic gas supply to help stabilise prices and boost product availability
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
The federal government has directed security agencies to take firm action against individuals and businesses contributing to the rising cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, nationwide.
Speaking at a stakeholders’ meeting on the persistent increase in LPG prices, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, instructed security operatives to identify and arrest hoarders, dismantle illegal storage facilities, and stop product diversion nationwide.
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