• Latest
  • Trending
  • All
  • NEWS
  • Business
  • Politics
  • International
  • Lifestyle
NMDPRA moves to fill LPG supply gap, plans imports to stabilize rising cooking gas prices

NMDPRA moves to fill LPG supply gap, plans imports to stabilize rising cooking gas prices

June 22, 2026
Vatican elevates AI risks, warns of societal threat, autonomous weapons

Vatican elevates AI risks, warns of societal threat, autonomous weapons

September 24, 2026
IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

September 24, 2026
CAN declares three days of mourning over killings, kidnappings across Nigeria

Northern CAN demands immediate action to stop bloodshed in Plateau

September 22, 2026
Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

September 22, 2026
Trump says Iran peace deal imminent as Tehran says no final decision reached

Iran signals readiness to reopen Strait of Hormuz in exchange for U.S. sanctions relief, de-escalation

September 22, 2026
Nigerian stock exchange on Tuesday coasts to close of N49bn losing day for investors

22 NGX firms rack up N21.3tn debt in Q2

September 22, 2026
Lassa Fever: Nigeria reports 10 deaths, 54 confirmed cases

Lassa Fever death toll rises to 258 as fatality rate climbs to 24%

September 22, 2026
Major television networks suspend White House pool coverage following CNN ban

Major television networks suspend White House pool coverage following CNN ban

September 21, 2026
Houthis push for Yemen highlands as Trump reportedly aborts U.S. airstrikes

Houthis push for Yemen highlands as Trump reportedly aborts U.S. airstrikes

September 21, 2026
JAMB

JAMB terminates staff appointment over extortion of candidates

September 21, 2026
US eases Iran sanctions as peace talks progress, Trump warns against deal violations

Iran warns U.S., allies of sustained retaliation as Middle East tensions intensify

September 20, 2026
China pushes back against U.S calls to slow AI race

China pushes back against U.S calls to slow AI race

September 20, 2026
  • About
  • Contact
  • Advert Rates
Thursday, September 24, 2026
  • Login
  • Register
TheLink News
  • NEWS
    Sudan’s hunger crisis deepens as World Food Programme funding falls by half

    Sudan’s hunger crisis deepens as World Food Programme funding falls by half

    Dangote Refinery launches N2.15tn IPO on Nigerian Exchange

    Dangote Refinery launches N2.15tn IPO on Nigerian Exchange

    NCS grants 90-day entry for foreign-registered vehicles

    NCS grants 90-day entry for foreign-registered vehicles

    President Tinubu calls for electoral reforms, party unity amidst national debate

    President Tinubu calls for electoral reforms, party unity amidst national debate

    ACT NOW’: French President, Macron demands global response to Nigeria’s security crisis

    ACT NOW’: French President, Macron demands global response to Nigeria’s security crisis

    UN and Rights Groups decry ‘racist’ US crackdown targeting Somali diaspora

    UN and Rights Groups decry ‘racist’ US crackdown targeting Somali diaspora

    Nigeria’s insurance reform bill awaits presidential assent amid industry anticipation

    Nigeria’s insurance reform bill awaits presidential assent amid industry anticipation

    SERAP threatens to sue over NCC approved 50 per cent telecom tariff hike

    SERAP threatens to sue over NCC approved 50 per cent telecom tariff hike

    FG investigating Gulf of Guinea as major route for gun-running – NSA

    FG investigating Gulf of Guinea as major route for gun-running – NSA

  • METRO
    • All
    • Anti-Corruption
    • Breaking News
    • City Update
    • Column
    • Crime
    • Education
    • Fact Check
    • Opinion
    • Rule of Law
    • Rural Update
    • Terrorism
    • TheLink Climate
    • TheLink Exclusive
    • TheLink Investigation
    • Trending
    Vatican elevates AI risks, warns of societal threat, autonomous weapons

    Vatican elevates AI risks, warns of societal threat, autonomous weapons

    IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

    IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

    CAN declares three days of mourning over killings, kidnappings across Nigeria

    Northern CAN demands immediate action to stop bloodshed in Plateau

    Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

    Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

    Trump says Iran peace deal imminent as Tehran says no final decision reached

    Iran signals readiness to reopen Strait of Hormuz in exchange for U.S. sanctions relief, de-escalation

    Lassa Fever: Nigeria reports 10 deaths, 54 confirmed cases

    Lassa Fever death toll rises to 258 as fatality rate climbs to 24%

    Major television networks suspend White House pool coverage following CNN ban

    Major television networks suspend White House pool coverage following CNN ban

    Houthis push for Yemen highlands as Trump reportedly aborts U.S. airstrikes

    Houthis push for Yemen highlands as Trump reportedly aborts U.S. airstrikes

    JAMB

    JAMB terminates staff appointment over extortion of candidates

  • POLITICS
    INEC publishes final list of candidates for January 2027 presidential election

    INEC publishes final list of candidates for January 2027 presidential election

    Nigeria reaffirms zero tolerance for military coups, denies involvement in Niger Republic plot

    Nigeria reaffirms zero tolerance for military coups, denies involvement in Niger Republic plot

    SERAP, editors’ guild threatens court action over foreign aid bill

    SERAP, editors’ guild threatens court action over foreign aid bill

    APC dismisses reports of withdrawal of Tinubu’s 2027 campaign council list

    APC dismisses reports of withdrawal of Tinubu’s 2027 campaign council list

    SERAP seeks World Bank probe into Nigeria’s N121.67tn debt

    SERAP asks INEC to publish political donation limits ahead of 2027 elections

    APC

    APC unveils 223-member 2027 presidential campaign council

    FAAC Shares N1.149tn Monthly Allocation to Fg, States, LGAs

    States receive at least N435bn for infrastructure, security in six months

    Osun 2026: Adeleke, Accord emerge big winners as Oyebamiji, APC camp suffer setbacks

    Osun 2026: Adeleke, Accord emerge big winners as Oyebamiji, APC camp suffer setbacks

    Strait of Hormuz shipping halted again as Iran-U.S tensions stall peace talks

    Iran says Hormuz deal with Oman nears completion, but Strait may remain closed

  • POLICY
    Niger Unrest: President Tinubu orders probe as Governor Bago imposes 24-hour curfew over miners’ deaths

    Niger Unrest: President Tinubu orders probe as Governor Bago imposes 24-hour curfew over miners’ deaths

    AON warns aviation infrastructure may struggle to support industry expansion

    AON warns aviation infrastructure may struggle to support industry expansion

    INEC publishes final list of candidates for January 2027 presidential election

    INEC publishes final list of candidates for January 2027 presidential election

    FG completes $100,000 reward payment to D’Tigress players after historic Afrobasket triumph

    FG completes $100,000 reward payment to D’Tigress players after historic Afrobasket triumph

    FIFA plans new $20bn commercial company as investment proposal sparks UEFA backlash

    FIFA suspends NFF election, says decision on federation’s future still pending

    UK Passport Intervention: Nigerians to pay only official fees, Tunji-Ojo says

    UK Passport Intervention: Nigerians to pay only official fees, Tunji-Ojo says

    NMDPRA moves to fill LPG supply gap, plans imports to stabilize rising cooking gas prices

    Market deregulation, supply limitations driving petrol price volatility, says NMDPRA

    WAEC denies circulating list of 50 schools allegedly sanctioned over 2026 WASSCE malpractice

    WAEC rejects technical glitch claims over 2026 WASSCE results

    Nigeria reaffirms zero tolerance for military coups, denies involvement in Niger Republic plot

    Nigeria reaffirms zero tolerance for military coups, denies involvement in Niger Republic plot

  • BUSINESS
    IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

    IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

    Nigerian stock exchange on Tuesday coasts to close of N49bn losing day for investors

    22 NGX firms rack up N21.3tn debt in Q2

    Sanusi warns investors against using school fees, home sale proceeds to buy Dangote shares

    Sanusi warns investors against using school fees, home sale proceeds to buy Dangote shares

    Bolt witnesses 92% surge in driver applications in Nigeria after Uber pulls out

    Bolt witnesses 92% surge in driver applications in Nigeria after Uber pulls out

    World Bank appoints Nobel Laureate Michael Kremer as next chief economist

    World Bank appoints Nobel Laureate Michael Kremer as next chief economist

    AI spending fears rattle investors as industry leaders urge caution

    AI spending fears rattle investors as industry leaders urge caution

    J.P. Morgan restores Nigeria to emerging-market bond index after 11 years

    J.P. Morgan restores Nigeria to emerging-market bond index after 11 years

    AON warns aviation infrastructure may struggle to support industry expansion

    AON warns aviation infrastructure may struggle to support industry expansion

    Report: Landing cost of petrol landing drops to N971 per litre

    Petrol prices climb across Abuja as Dangote Refinery raises wholesale rate

  • TECH
    OpenAI model breaks sandbox barrier, breaches external company servers

    OpenAI model breaks sandbox barrier, breaches external company servers

    Landmark telescope set for decade-long universe survey, to transform astronomy

    Landmark telescope set for decade-long universe survey, to transform astronomy

    China reclaims world’s fastest supercomputer title, overtakes US in global computing race

    China reclaims world’s fastest supercomputer title, overtakes US in global computing race

    Young innovator secures Lagos partnership to make public toilets easier to find

    Young innovator secures Lagos partnership to make public toilets easier to find

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    Humanoid robots surge ahead in Beijing half-marathon, showcasing rapid tech leap

    Humanoid robots surge ahead in Beijing half-marathon, showcasing rapid tech leap

    Nigeria urges ethical use of AI, stronger data privacy safeguards

    Nigeria urges ethical use of AI, stronger data privacy safeguards

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

  • WORLD
    Experimental T-Cell therapy clears metastatic liver cancer in three-year-old boy

    Experimental T-Cell therapy clears metastatic liver cancer in three-year-old boy

    Gunfire targets Rihanna’s Los Angeles home; woman arrested after Police chase

    Gunfire targets Rihanna’s Los Angeles home; woman arrested after Police chase

    Trump removes Kristi Noem as U.S. Homeland Security chief after mounting controversies

    Trump removes Kristi Noem as U.S. Homeland Security chief after mounting controversies

    More than one-third of flights to Middle East cancelled Tuesday as conflict disrupts air travel

    More than one-third of flights to Middle East cancelled Tuesday as conflict disrupts air travel

    Middle East airspace closures strand thousands after Iran strikes

    Middle East airspace closures strand thousands after Iran strikes

    UPDATE: Iran to establish interim leadership council after Khamenei’s death

    UPDATE: Iran to establish interim leadership council after Khamenei’s death

    Iran’s supreme leader killed in U.S-Israel strikes, state media says, succession crisis looms

    Iran’s supreme leader killed in U.S-Israel strikes, state media says, succession crisis looms

    Oil prices dip 1% as U.S. stockpiles rise and Iran talks loom

    Oil prices dip 1% as U.S. stockpiles rise and Iran talks loom

    King Charles III brother, Andrew released as Police raid mansion in misconduct probe

    King Charles III brother, Andrew released as Police raid mansion in misconduct probe

  • ENTERTAINMENT
    Peter Cullen, voice of Transformers’ ‘Optimus Prime’ and Eeyore, dies at 85

    Peter Cullen, voice of Transformers’ ‘Optimus Prime’ and Eeyore, dies at 85

    Dolly Parton, country music legend and beloved entertainer, dies at 80

    Dolly Parton, country music legend and beloved entertainer, dies at 80

    Nollywood rallies behind Ogogo as family seeks urgent cancer treatment

    Nollywood rallies behind Ogogo as family seeks urgent cancer treatment

    Tupac Shakur murder trial begins nearly 30 years after rapper was killed

    Tupac Shakur murder trial begins nearly 30 years after rapper was killed

    David Jonsson takes over as Marvel’s new Black Panther

    David Jonsson takes over as Marvel’s new Black Panther

    Clive Davis, legendary hitmaker behind Whitney Houston, Usher, Alicia Keys dies at 94

    Clive Davis, legendary hitmaker behind Whitney Houston, Usher, Alicia Keys dies at 94

    Veteran actor, Dr. Kola Oyewo of ‘Saworoide’ fame dies at 80

    Veteran actor, Dr. Kola Oyewo of ‘Saworoide’ fame dies at 80

    Shakira, Burna Boy to headline 2026 World Cup opening ceremony with official tournament anthem

    Shakira, Burna Boy to headline 2026 World Cup opening ceremony with official tournament anthem

    FIFA unveils World Cup 2026 anthem ‘Goals’ by Rema, LISA and Anitta

    FIFA unveils World Cup 2026 anthem ‘Goals’ by Rema, LISA and Anitta

    Nollywood star Alexx Ekubo dies at 40 as tributes pour in across entertainment industry

    Nollywood star Alexx Ekubo dies at 40 as tributes pour in across entertainment industry

  • SPORT
    Nigeria’s Falconets crush England 3-0, book place in U-20 Women’s World Cup quarter-finals

    Nigeria’s Falconets crush England 3-0, book place in U-20 Women’s World Cup quarter-finals

    2030 World Cup final row deepens as Morocco, Spain push competing claims

    2030 World Cup final row deepens as Morocco, Spain push competing claims

    FG completes $100,000 reward payment to D’Tigress players after historic Afrobasket triumph

    FG completes $100,000 reward payment to D’Tigress players after historic Afrobasket triumph

    FIFA plans new $20bn commercial company as investment proposal sparks UEFA backlash

    FIFA suspends NFF election, says decision on federation’s future still pending

    NFF moves to hire expatriate coach for Super Eagles

    Gusau, NFF board resign amid mounting crisis

    FIFA infantino 2

    FIFA abandons controversial World Cup investment proposal after global opposition

    CAF to examine FIFA’s investment proposal as debate over football’s commercial future grows

    CAF to examine FIFA’s investment proposal as debate over football’s commercial future grows

    FIFA plans new $20bn commercial company as investment proposal sparks UEFA backlash

    FIFA plans new $20bn commercial company as investment proposal sparks UEFA backlash

    Commonwealth Games ’26: Didih powers Nigeria to fifth gold with historic weightlifting performance

    Commonwealth Games ’26: Didih powers Nigeria to fifth gold with historic weightlifting performance

  • EDITORIAL
    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

No Result
View All Result
TheLink News
No Result
View All Result
Home ECONOMY

NMDPRA moves to fill LPG supply gap, plans imports to stabilize rising cooking gas prices

by thelink
June 22, 2026
in ECONOMY, Business, Policy, Top Stories, Trending
Reading Time: 4 mins read
A A
0
NMDPRA moves to fill LPG supply gap, plans imports to stabilize rising cooking gas prices
18
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsappShare on Telegram

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to issue and closely monitor import permits to bridge an estimated 165,000-metric-tonne Liquefied Petroleum Gas (LPG) supply shortfall in the third quarter of 2026, as part of efforts to tame cooking gas prices across the country.

The Authority Chief Executive, Rabiu Umar, disclosed this on Monday during an emergency stakeholders’ meeting convened in Abuja by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, to address the recent surge in LPG prices.

RelatedPosts

Vatican elevates AI risks, warns of societal threat, autonomous weapons

IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

Northern CAN demands immediate action to stop bloodshed in Plateau

Umar described imports as the most immediate solution to the anticipated supply deficit, while outlining a combination of short- and medium-term measures aimed at boosting domestic availability of cooking gas and restoring market stability.

According to him, engagements with terminal operators, domestic producers and suppliers have already improved national LPG supply sufficiency from 11 days to 22 days.

He also said the authority was intensifying efforts to eliminate profiteering within the distribution chain.

“The projected third-quarter supply gap is 165,000 metric tonnes. NMDPRA will issue import permits and closely monitor their performance. There will also be the injection of LPG export volumes into the domestic market,” Umar said.

He disclosed that Anoh Gas is expected to commence supplying about 50 metric tonnes of LPG daily from July 2026, while additional locally produced LPG currently earmarked for export would be redirected to domestic consumers.

To improve distribution efficiency and pricing, Umar said the authority would conduct an audit of companies lifting LPG from the Nigerian Liquefied Natural Gas (NLNG) and the Nigerian National Petroleum Company Limited (NNPC Ltd.).

He added that the regulator had stepped up monitoring and enforcement across the LPG value chain to curb product diversion and other market abuses.

Beyond immediate imports, Umar outlined broader reforms designed to strengthen Nigeria’s LPG market. These include expanding storage terminals and distribution infrastructure, accelerating domestic gas processing projects, prioritizing local LPG supply, facilitating access to foreign exchange for critical imports, deploying technology to monitor product movement, and introducing a tariff regulatory framework to encourage fair pricing.

He also said the authority would leverage private sector investments in LPG storage facilities and cylinder manufacturing while providing infrastructure support through the Midstream and Downstream Gas Infrastructure Fund (MDGIF).

“Our objective is to return LPG prices to levels recorded about a year ago and ensure that locally produced LPG remains cheaper than imported volumes,” he said, adding that the authority would continue engaging industry players, including Chevron, to increase supplies to the domestic market.

In a separate presentation, the Executive Director of Distribution Systems, Storage and Retail Infrastructure at NMDPRA, Ogbugo Ukoha, attributed the recent spike in cooking gas prices to inadequate domestic supply, reduced imports, profiteering and persistent distribution bottlenecks.

Although domestic producers have been directed to prioritize local supply, Ukoha lamented that some volumes continue to be exported, limiting availability within the country.

He revealed that regulatory interventions, including the arrival of four import cargoes totalling approximately 16,000 metric tonnes, had raised average daily LPG supply from 4,262 metric tonnes in May to 5,040 metric tonnes as of June 19, helping to improve national supply sufficiency.

With supply expected to increase further in the coming weeks, Ukoha warned marketers against exploiting consumers through excessive pricing.

He said the authority would accelerate the licensing of new LPG storage and blending facilities, expand distribution infrastructure and fast-track domestic gas processing projects to improve local production.

Ukoha expressed confidence that the combined measures would significantly increase LPG availability and begin driving down cooking gas prices from July, providing relief to households and businesses affected by recent price increases.

ShareTweetShareSendShare
Previous Post

Clive Davis, legendary hitmaker behind Whitney Houston, Usher, Alicia Keys dies at 94

Next Post

OOUTH resident doctors begin 10-day warning strike over allowances, staff shortage

thelink

thelink

Related Posts

Vatican elevates AI risks, warns of societal threat, autonomous weapons
GLOBAL NEWS UPDATE

Vatican elevates AI risks, warns of societal threat, autonomous weapons

by thelink
September 24, 2026
0

Pope Leo has placed the existential and societal threats posed by artificial intelligence at the centre of his papacy, issuing...

Read moreDetails
IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

IPMAN demands lower petrol prices as FG approves 830,000 metric tonnes of 4th quarter imports

September 24, 2026
CAN declares three days of mourning over killings, kidnappings across Nigeria

Northern CAN demands immediate action to stop bloodshed in Plateau

September 22, 2026
Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

Poorer nations to face persistent climate impacts even after net-zero milestone, study finds

September 22, 2026
Next Post
OOUTH resident doctors begin 10-day warning strike over allowances, staff shortage

OOUTH resident doctors begin 10-day warning strike over allowances, staff shortage

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

Navigate Site

Follow US :

Facebook Instagram Threads Linkedin X-twitter Youtube

TheLink News

  • About Us
  • Advert Rates
  • Careers
  • Contact

Nation Today

  • The Nation
  • Politics
  • Business
  • International
  • Policy
  • Sport
  • Lifestyle
  • Entertainment

Analysis

  • City Update
  • Anti-Corruption
  • Top Stories
  • Celebrity
  • TheLink Climate
  • Crime
  • Fact Check
  • Entertainment

News Update

  • Top Stories
  • Developing Stories
  • Education
  • TheLink Exclusive
  • TheLink Investigation
  • Column

©2024 TheLink News. All Rights Reserved

Privacy Policy

Terms & Conditions

Webmail

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • NEWS
  • METRO
  • POLITICS
  • POLICY
  • BUSINESS
  • TECH
  • WORLD
  • ENTERTAINMENT
  • SPORT
  • EDITORIAL
  • Login
  • Sign Up

©2024 TheLink News. All Rights Reserved

×