Nigeria Denies LPG Exports Amid Rising Domestic Prices

The Federal Ministry of Petroleum Resources, represented by spokesman Louis Ibah, denied claims that local production of Liquefied Petroleum Gas (LPG) is being exported, which has contributed to soaring domestic prices. Ibah clarified that the ban on LPG exports remains in effect to stabilize local supply, despite concerns over shortages and rising prices affecting consumers.

Ayobami Olarinoy, chairman of the Liquefied Petroleum Gas Retail Association, reported that access to cooking gas has become increasingly difficult, with only two out of ten plants selling products. He warned that prices are unlikely to decline unless government intervention occurs.

The ministry's position follows a commitment to focus on meeting local needs, with no current production intended for export. Dr. Ekperikpe Ekpo, the Minister of State for Petroleum Resources, called for stronger efforts to improve domestic gas distribution and utilization.

The Nigerian government aims to accelerate domestic gas development to enhance economic growth and energy access.