LPG Prices: FG Convenes Emergency Meeting, Invites DSS, EFCC, Police to End Diversion, Hoarding, Others

The Nigerian government has convened an urgent meeting to tackle the issue of cooking gas price hikes, inviting key agencies like DSS, EFCC, and Police to address problems like diversion and hoarding. The minister, Ekpo, emphasized the government's commitment to lowering LPG rates and ensuring stricter monitoring. NMDPRA is also taking steps to bridge a projected shortfall by issuing additional import licenses, warning of severe penalties for non-compliance with domestic supply obligations. This move highlights the government's efforts to stabilize the market and protect consumers from exploitation.