Energy crisis: More problems for households, others as cooking gas price surges

THE price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas has risen to N14,150 for 12.5kg cyclinder, about 38 per cent Year-on-Year, YoY, against N10, 323.33 it sold in April 2023 last year.

However, checks by Energy Vanguard also indicated that the price of 5kg of the gas increased by 37 per cent to N5, 700 from N4, 642.27 during the period.Vanguard, the President, Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGM, Mr. Oladapo Olatunbosun, said the prices of cooking gas would continue to leap as the domestic market continues to be impacted by foreign exchange crisis.

On his part, the Minister of Petroleum , Ekperikpe Ekpo, said: “Despite the declaration of the decade of gas and the government’s push to make gas a transition fuel, low production and rising prices have continued to push Nigerians away from the use of cooking gas. “We are interacting with the critical stakeholders to ensure that there is no exportation of cooking gas. All cooking gas produced within the country will have to be domesticated and when this is done, the volume will increase and of course, the price will automatically crash.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Sustainable Energy for All Signs Grant Agreements for Solar Energy Deployment in NigeriaSustainable Energy for All (SEforALL) has signed grant agreements with 19 clean energy developers for the deployment of solar energy solutions in Nigeria. The project aims to install high capacity solar and battery storage systems to businesses and institutions in Nigeria by the end of 2024.
Sumber: thecableng - 🏆 2. / 80 Baca lebih lajut »

Universal Energy Facility (UEF) signs grant agreements with 19 clean energy developersSUSTAINABLE Energy for All (SEforALL), yesterday, announced the signing of grant agreements with 19 clean energy developers
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »

Nigeria to invest €19m in energy support programmeComponent Lead, Enabling Environment Nigerian Energy Support Programme (NESP), Joshua Yari, has said that the Nigerian government would invest about €19 million in the third phase of the Energy Support Programme.
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »

Nigeria’s transition to renewable energy on track, says ShettimaVice President Kashim Shettima has said Nigeria’s energy transition journey as well as its resolve to embrace clean and renewable energy solutions remains on track under the administration of President Bola Ahmed Tinubu.
Sumber: GuardianNigeria - 🏆 1. / 94 Baca lebih lajut »

CERAWeek: Nigeria focused on closing energy supply gapGroup Chief Executive Officer of Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, says Nigeria is focused on closing the energy supply gap.
Sumber: DailyPostNGR - 🏆 11. / 59 Baca lebih lajut »