Cooking gas price drops, supply rises, govt projects further decrease – Newstrends
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Cooking gas price drops, supply rises, govt projects further decrease

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The Federal Government on Thursday said it was putting measures in place to ensure further reduction in the cost of Liquefied Petroleum Gas, popularly called cooking gas.

It disclosed this while reacting to the recent marginal drop in the cost of cooking gas.

According to findings, the price of 12.5kg LPG has dropped from N8,800 to between N8400 and N8200. In some outlets, the price of the commodity dropped to between N7,800 and N8,000 as of Thursday.

In November, The PUNCH exclusively reported that the cost of LPG kept rising in 2021, jumping by more than 240 per cent between January and October 2021.

The development forced some LPG users to shift to charcoal or firewood, as consumers of the commodity raised the alarm over the persistent hike in its price.

The product had increased by 240 per cent for 12.5kg, moving up from N3,000 to N10,200 within the first 10 months of 2021.

“It is in government’s interest for the price to go down consistently and there are certain initiatives that are being taken at the moment, which hopefully will see to further drops in price regardless of the international cost,” the Programme Manager, National LPG Expansion Implementation Plan, Office of the Vice President, Dayo Adeshina, stated.

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When asked to state one of such initiatives, he replied, “The discussions are still ongoing and there are certain things that you can do to stimulate the market which will have an effect. One of them also has to do with storage.”

About 65 per cent of the LPG is imported into Nigeria, while domestic production accounts for 35 per cent, hence the cost of the commodity in the global market affects the price locally.

Adeshina told our correspondent that the international price of the LPG had risen so high in October last year, but dipped towards the end of 2021 into January 2022, as this also contributed to the recent drop in the LPG price across the country.

He said, “If you look at the international pricing of the LPG, and that might change again because it is not a fixed price, in January last year, it was $250 per tonne.

“It rose to $875 per tonne by the end of October and started dropping by the end of November into December, and came down to around $500 per tonne at some point but went up again in December to $708 per tonne.”

He added, “Now, as of the third of January this year, that figure is $744 per tonne. So you can see there is a drop from about $800 around November to $700 in January. The issue here is that the price has been fluctuating.

“Yes you have the effects of Customs and the position of the VAT that made people pay tax for what they imported even in 2019 and 2020. Of course, some importers stopped importing, but there is a resolution going on to resolve that aspect.”

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Navy arrests suspected oil thief enroute Cameroon with 15,500 litres of PMS

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Navy arrests suspected oil thief enroute Cameroon with 15,500 litres of PMS

The Nigerian Navy, Forward Operating Base (FOB), Ibaka, Akwa Ibom, has arrested a suspected oil thief enroute Cameroon with 15,500 litres of suspected Premium Motor Spirit (PMS).

The commanding officer, Capt. Uche Aneke, disclosed this at Ibaka while handing over the suspect and the seized product to the Nigeria Security and Civil Defense Corps (NSCDC).

Aneke said that the suspect was arrested with the exhibit at about 2:00 a.m. on Friday.

He said the navy received intelligence report that a boat was conveying suspected smuggled products through FOB Ibaka operational area and heading towards Cameroon.

”We intercepted the boat and discovered that it was laden with 15,500 litres of products suspected PMS concealed under a tarpaulin.

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”We also found a suspected smuggler onboard who was arrested immediately,” he said.

The commanding officer warned against smuggling of illegal consignments in or out of the country, saying that the navy was committed to tackling such activities.

”We are committed towards detecting every criminal move around our operational area using advanced surveillance equipment and intelligence.

”Criminals are warned, Nigeria’s water and coastal areas are not for illegal activities,” he said.

Receiving the exhibit, Mr Etefia Koko-Ette, Head, Anti Vandal Unit of the NSCDC Command in Akwa Ibom, said that further investigation would be conducted on this matter.

Navy arrests suspected oil thief enroute Cameroon with 15,500 litres of PMS

(NAN)

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3 Ondo Amotekun officers dismissed for misconduct, 7 suspects paraded

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3 Ondo Amotekun officers dismissed for misconduct, 7 suspects paraded

Adetunji Adeleye, State Commander of Amotekun corps, made the disclosure while parading seven suspects for human trafficking and house breaking before newsmen on Tuesday in Akure.

Adeleye said the three dismissed officers would be prosecuted in line with the regulations guiding the corps.

“Today, we have three Amotekun personnel that had gone through the normal process of court marshal and are being dismissed today for professional misconduct.

“They cease to be members of Amotekun Ondo State Corp as from now and we would ensure that adequate punishment would be meted out to them even after dismissal,” he said.

Adeleye, who called for more credible intelligence information from residents, said that a vehicle, which was stolen by armed bandits around Akure community, was recovered through timely information.

According to him, the electronics equipment also stolen from a resident of the community was recovered and investigations are ongoing to apprehend the robbers who fled when they cited corps personnel.

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“Out of the seven suspects we are parading today, we have three that were arrested for human trafficking cases and we have four others that were arrested for house breaking.

“And we were able to retrieve all the items stolen from their operation, which would be handed over to the rightful owners.

“However, this is to reconfirm that the response to distress calls is actually working for us in order to reduce crime to the minimum,” he stated.

Adeleye also said that the command had deployed 700 officers across the 18 Local Government Area of the state ahead of the Easter celebration. He admonished the people to shun night travels for their benefit and safety of lives and properties.

“To commuters, we advise you to reduce traveling late in the night, and early in the morning. However, we will commence our 24-hours patrol from the end of this week to ensure safety.

“We want to encourage the good people of Ondo state to give us timely information to work for them,” he added.

3 Ondo Amotekun officers dismissed for misconduct, 7 suspects paraded

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Man bags life imprisonment after defiling neighbour’s 5-yr-old daughter

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Man bags life imprisonment after defiling neighbour’s 5-yr-old daughter

An Ikeja Sexual Offences and Domestic Violence Court has sentenced a man, Ugochukwu Onuoha, to life imprisonment for defiling a five-year-old minor, his neighbour’s daughter.

Justice Rahman Oshodi, in his judgment, held that the prosecution had established beyond reasonable doubt, the charge of defilement against Onuoha.

Oshodi said the prosecutrix (survivor) was a child at the time of the incident.

He said the prosecutrix’s mother’s evidence that Onuoha apologised and promised not to do it again was an admission which corroborated the prosecutrix’s evidence.

According to him: “There is abundant evidence that the defendant committed the crime.

“I believed the prosecutrix when she testified before me as she was resolute that it was the defendant that penetrated her vagina with his penis.

“She maintained this during cross-examination and gave further details to embellish her evidence in chief.

“The evidence shows that the defendant had sexual intercourse with the victim, who, to his knowledge, was a child.”

The judge, thereafter, found Onuoha guilty and sentenced him to life imprisonment.

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The court further held that the medical evidence showed short and long-term impacts on the victim as the sexual intercourse he had with the survivor could cause structural damage to the vagina, the uterus, and other surrounding organs.

Oshodi said: “According to the medical evidence, by the age of the victim, the sexual intercourse you had with her could cause vagina bleeding and may lead to death.

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