Nigeria’s domestic consumption of Liquefied Petroleum Gas, known as cooking gas, exceeded one million metric tonnes in 2020, the Petroleum Products Pricing Regulatory Agency said.
The agency’s Executive Secretary, Abdulkadir Saidu, said it was the first time the country reached the threshold.
“Nigeria consumed 840,594.37 MT LPG in 2019, indicating an increase of 60.5 per cent over 635,452.061MT recorded in 2018.
“This steady and sustained pattern of growth culminating in the over one million metric tonnes of LPG domestic consumption milestone in 2020 has placed the country first in West Africa and one of the leading LPG consuming nations in Africa.
“With this laudable feat, the country is on track to meet the five million MT by 2022 target, set in the Nigeria Gas Policy of 2017,” the agency explained.
It noted that the Nigeria Liquefied Natural Gas Limited increased its allocation of LPG to the domestic market from 350,000MT to 450,000MT in 2021.
“The remarkable growth in the domestic LPG market remains largely driven by the impact of the federal government’s policies and programmes, coupled with the efforts of relevant stakeholders and regulatory bodies in the industry,” said PPPRA.
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