BUSINESS
DOMESTIC GAS SALES RISE 30% ON REFORMS — REPORT
Domestic gas sales have increased by about 30 percent following recent policy reforms aimed at improving supply, distribution, and pricing efficiency in the sector, according to a new industry report.
The report attributed the growth to government-backed reforms that have encouraged greater local consumption of liquefied petroleum gas (LPG), alongside improved investment in storage and distribution infrastructure.
It noted that increased awareness of cleaner energy alternatives, particularly for household cooking, has also contributed to rising demand for domestic gas across urban and semi-urban areas.
Industry operators say the reforms have helped reduce bottlenecks in the supply chain, making gas more accessible to consumers and encouraging wider adoption as an alternative to kerosene and firewood.
The report also highlighted growing private sector participation, with more distributors entering the market and expanding retail access points in several states.
However, stakeholders warned that price volatility and infrastructure gaps in rural areas still pose challenges to sustained growth in domestic gas consumption.
Energy experts say the 30 percent rise reflects positive momentum in Nigeria’s transition toward cleaner energy, but stress the need for consistent policy implementation and investment.
They also called for stronger regulatory oversight to ensure that the benefits of reforms are passed on to end users in terms of affordability and availability.
The report concludes that while progress has been recorded, long-term growth in domestic gas usage will depend on continued reforms and improved energy infrastructure nationwide.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board