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Cooking gas prices cool on import boom

Cooking gas prices cool on import boom

…Prices hover at N1000/kg

Nigeria households are finally catching a break at the stove. According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), a massive surge in imports has flooded local depots, bringing much-needed relief to prices in the cooking gas market.

Retail prices are now moving toward the N1,000-per-kilogram threshold. If this trend holds, it will mark a complete turnaround from the severe energy crisis that hit families just five months ago, when pr

…Prices hover at N1000/kg

Nigeria households are finally catching a break at the stove. According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), a massive surge in imports has flooded local depots, bringing much-needed relief to prices in the cooking gas market.

Retail prices are now moving toward the N1,000-per-kilogram threshold. If this trend holds, it will mark a complete turnaround from the severe energy crisis that hit families just five months ago, when pr

Source: Businessday.ng | Read the Full Story…

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