Tag Archives: LPG

The price of Liquefied Petroleum Gas, also known as cooking gas, has skyrocketed to a record high of N500 per kilogramme, forcing some Nigerians to turn to alternatives such as charcoal, kerosene and firewood amid high unemployment and poverty levels in the country.

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The campaign for the use of the use of Liquefied Petroleum Gas, LPG in every home in Nigeria thickens as the Federal Government of Nigeria FGN LPG Expansion and Penetration programme targets 5,000,000 MT domestic consumption  by 2022 as well as the injection of 20 million cylinders by the same year.

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Indications emerged at the weekend that the Federal Government has finally succumbed to stakeholders’ pressure by removing Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) popularly called cooking gas. With this development, consumers should expect a crash in the price of cooking gas by about 20 percent. Currently, a 12.5kg bottle of gas sells for N4,300 and is expected …

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The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March, the corporation’s monthly financial report for March has revealed. According to the report released in Abuja, that amount had brought the total amount paid to the Federation Account for Domestic Crude Oil and Gas and other receipts from April 2015 to …

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