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Oil & Gas
NLNG: How Cooking Gas Offtakers Profiteered, Earned N1,600/kg Markup
THISDAY
Aug 4, 2026 · 00:20 WAT
Major cooking gas offtakers reportedly earned an excess markup of N1,600 per kilogramme on LPG purchased from Nigeria LNG Limited at N800 per kilogramme. The disclosure highlights pricing and distribution practices in Nigeria’s downstream gas market, although no NGX-listed company is directly identified in the report.