Tag: Gas
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Nigeria’s LPG Imports Surge 1,400% Amid Declining Domestic Supply, Massive Gas Flaring
By George Omagbemi Sylvester Nigeria’s liquefied petroleum gas (LPG) imports increased by an alarming 1,400 per cent in June 2026 as domestic supply declined sharply, highlighting the country’s growing dependence on imported cooking gas despite possessing one of Africa’s largest natural gas reserves. The development has raised fresh concerns over energy security, affordability and the…
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Petrol, Diesel Prices Begin to Drop as Crude Oil Retreats After Middle East Tensions Ease
By Opeyemi Adelakun Fuel prices have started to decline across parts of Nigeria following a drop in global crude oil prices triggered by the easing of tensions in the Middle East. The development comes after the Dangote Petroleum Refinery reduced its petrol gantry price by ₦75 per litre and cut diesel and aviation fuel prices…