The government’s move to halt LPG exports seems aimed at stabilizing domestic prices, as the rising cost of cooking gas has been a major issue for many Nigerian households. While this might lead to more gas being available locally, potentially lowering prices, it could have broader economic impacts, especially on companies involved in exporting gas. If managed poorly, it might hurt the energy sector in terms of foreign exchange earnings, or lead to other shortages down the line.
However, if it truly brings down prices and makes cooking gas affordable again, it could benefit consumers significantly, especially with the high inflation affecting many Nigerian households.
But I don't think so I am very sure they have no plans in doing that...
“FG bans cooking gas export over rising prices - Punch Newspapers”
However, if it truly brings down prices and makes cooking gas affordable again, it could benefit consumers significantly, especially with the high inflation affecting many Nigerian households.
But I don't think so I am very sure they have no plans in doing that...
“FG bans cooking gas export over rising prices - Punch Newspapers”
