‘Nigeria dependent on cooking gas imports from U.S, Algeria, Equatorial Guinea’ | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Despite huge gas resources, currently hovering around 206 trillion standard cubic feet, smaller African countries like Algeria and Equatorial Guinea are now exporters of Liquefied Petroleum Gas (LPG) to Nigeria amidst soaring prices.

The Executive Secretary, Petroleum Products Pricing Regulatory Agency , Abdulkadir Saidu yesterday, disclosed that 85, 264.803 metric tonnes of the cooking gas was supplied across the country in August 2021.

While infrastructure deficits have kept production below par, economic indexes, especially high inflation, weakening of the naira, scarcity of exchange rate and other challenges have already sent the prices of cooking above the reach of the poor who live on less than one dollar a day. The report by PPPRA showed that 21,606.301 MT was imported from the USA, while 13,044.266 was imported from Algeria and 12,573.779 MT was brought into the country from Equatorial Guinea.Coming amidst return of many Nigerians to firewood, a development which poses health and environmental hazards, the volume of LPG supplied in August suggests a decrease of about 21,959.781 MT compared to the 107,224.584 MT supplied in the month of July. In addition, 102,787.

Also, PNG Gas Ltd in Ebedei, Delta State supplied 651.490 MT into the market, while NPDC, Oredo, Benin State provided 1,055.310 MT and Ashtavinayak Hydrocarbon Ltd Kwale, Delta State, discharged 6,972.720MT.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

africaupdates This is absurd....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Publishers begin advocacy for teaching in local languages | The Guardian Nigeria News - Nigeria and World NewsThe Nigeria Publishers Association (NPA) has initiated an advocacy for the introduction of teaching in local languages, especially in the nation’s universities.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

VAT and Wike’s winning wedge | The Guardian Nigeria News - Nigeria and World News“In June, Kano generated ₦2.8 billion and was given ₦2.8 billion. Lagos State generated over ₦46 billion but got just over ₦9 billion. Rivers generated ₦15 billion but got ₦4.7 billion. Have you seen injustice in this country?” Nigeria VAT Wike Go wike go Wike!!! Victory is yours abs the people of rivers state. This Govt is a BIG scam to others but not themselves.. The truth of the matter is that, this country would have disintegrated long time ,if the north were in the favorable side of the economic again of the country Complete Injustice
Source: GuardianNigeria - 🏆 1. / 94 Read more »

APM Terminals harps on employees’ safety at workplace | The Guardian Nigeria News - Nigeria and World NewsAPM Terminals Apapa has emphasised the need for workers who expose themselves to front-line activities to be safety conscious and adapt to best practices as they carry out their businesses.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Expert advocates deeper collaboration on International identity Day | The Guardian Nigeria News - Nigeria and World NewsAs the global community marks the 2021 International Identity Day, an IT expert, Esigie Aguele, has called for deeper collaboration among industry stakeholders to build trust and support the adoption of digital systems in Nigeria. According to him, while the country, through the instrumentality of the National Identity Management Commission (NIMC), has made significant […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Sanwo-Olu appoints new LASTMA GM | The Guardian Nigeria News - Nigeria and World NewsLagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved the appointment of Mr. Bolaji Oreagba as new General Manager of the Lagos State Traffic Management Authority (LASTMA).
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Germany’s forgotten genocide in Namibia | The Guardian Nigeria News - Nigeria and World NewsAs some world leaders gather in New York for their annual United Nations (UN) General Assembly rituals, the 22 September debate on “Reparations, Racial Justice, and Equality for People of African Descent” to commemorate the 20th anniversary of the 2001... Forgotten or deliberately not thought in schools. Caucasians will never change, they are who they are, pure racist with serious hatred for the African race.
Source: GuardianNigeria - 🏆 1. / 94 Read more »