NURC discusses factor for crash in price of cooking gas

Last Updated: February 4, 2022By Tags: , , , , , , , , , , ,

The Nigerian Upstream Regulatory Commission(NURC )has discussed the reason for the decrease in the cost of cooking gas.

DAILY POST gathered that cooking gas which was sold for as much as N800 in some parts of the nation a few months earlier now costs about N600 per kilogram.

Speaking on the most recent advancement, the Port Harcourt Zonal Director of NURC, Professor Godday Ineh said the latest” method “by the Nigeria Liquefied Natural Gas NLNG to increase by 100% the supply of gas to the local market helped to crash the cost.

Teacher Ineh described that the move is created to increase LPG availability in Nigeria, diversify its use and support the federal government’s Decade of Gas effort

Ineh, who is also the zonal controller of the Nigerian Upstream Regulatory Commission said “Nigeria is ending up being self-sufficient in the LPG supply chain”.

He said, “it Is the method of NLNG to target the domestic market by supplying LPG, since if there’s schedule, the costs will now end up being cost effective”.