The Federal Government has been tasked to grant fiscal incentives to local producers to enable them to fund infrastructure development, reverse the Value Added Tax, VAT, improve access to Foreign Exchange, rechannel export cargos to domestic consumption and eliminate all forms of extortion as part of new options required to achieve stability in the sector. […]

THE Federal Government has been tasked to grant fiscal incentives to local producers to enable them to fund infrastructure development, reverse the Value Added Tax, VAT, improve access to Foreign Exchange, rechannel export cargos to domestic consumption and eliminate all forms of extortion as part of new options required to achieve stability in the sector.

Most residents of Okitipupa Local Government Area of Ondo State have resorted to the use of firewood and charcoals for cooking. This follows the hike in prices of Liquefied Petroleum Gas (LPG), also known as cooking gas. The News Agency of Nigeria (NAN) reports that cooking gas which has been embraced by a larger percentage […]

Mr. Farouk Ahmed, the Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, NPRA, has attributed the rising cost of cooking gas to poor investment into the gas sector over the years.

By Prince Okafor Prices of Liquefied Petroleum Gas, LPG, also known as cooking gas across Nigeria continued on the upward trend, despite significant increase in local production of the product. The product local production according to the Petroleum Products Pricing Regulatory Agency (PPPRA) report on LPG supplied in September 2021, released yesterday, increased to 49,453.081 […]