Home » NURC explains reason for crash in price of cooking gas

NURC explains reason for crash in price of cooking gas

The Nigerian Upstream Regulatory Fee (NURC) has defined the rationale for the discount within the worth of cooking fuel.

DAILY POST gathered that cooking fuel which was offered for as a lot as N800 in some components of the nation a couple of months in the past now sells for about N600 per kilogram.

Talking on the most recent improvement, the Port Harcourt Zonal Director of NURC, Professor Godday Ineh stated the most recent ” technique “by the Nigeria Liquefied Pure Gasoline NLNG to extend by 100% the availability of fuel to the native market helped to crash the worth.

Professor Ineh defined that the transfer is designed to extend LPG availability in Nigeria, diversify its use and help the federal authorities’s Decade of Gasoline initiative

Ineh, who can also be the zonal controller of the Nigerian Upstream Regulatory Fee stated “Nigeria is changing into self-sufficient within the LPG provide chain”.

He stated, “it Is the technique of NLNG to focus on the home market by supplying LPG, as a result of if there’s availability, the costs will now turn into reasonably priced”. Supply: DailyPost

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