BY ADEKE CHUKKWUKA
The Niger Republic authorities announced a ban on the exportation of Liquified Petroleum Gas (LPG) to Nigeria and other countries, as stated in a government release on Tuesday, October 3, 2023.
The statement emphasizes that locally produced gas must serve the domestic market; surplus can be exported with special authorization. Historically, Niger exported gas to Nigeria, with a 2022 MoU for petroleum products importation between the two nations.
The formal agreement, signed in the presence of Nigeria’s former Minister of State for Petroleum, Timipre Sylva, and Foumakoye Gado representing Niger Republic, marks a significant advancement. Sylva expressed optimism, stating that the surplus products in Niger could meet Nigeria’s market demand, creating a mutually beneficial relationship. He hoped the agreement would strengthen trade ties between the two nations.
The relationship between the West African neighbors has soured due to a recent military coup in Niger Republic. Nigerian President and ECOWAS Chairman, Bola Tinubu, led efforts to reinstate the ousted President, Mohamed Bazoum, in a bid to restore stability.
Despite ECOWAS sanctions and threats, the military leaders in Niger have resisted, seemingly gaining control over the country. Meanwhile, in Nigeria, the demand for LPG, used in cooking, heating, and vehicles, has surged. However, LPG prices in Nigeria have soared to an unprecedented high of N1,000 per kilogram, up from the previous N750.
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