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FG bans export of cooking gas to crash prices

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FG bans export of cooking gas to crash prices

The Federal Government has banned the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas in order to increase the volume of supply and crash the prices across the country.

This was made known to journalists by the Minister of Petroleum (Gas), Ekperikpe Ekpo, at the ‘Internal Stakeholders’ workshop on Thursday, February 22, 2024, in Abuja.

The minister who spoke at the sideline of the event stated that the LPG producers had been told to stop exporting the commodity out of Nigeria, following the recent jump in the cost of cooking gas.

The theme of the workshop is “Harnessing Nigeria’s Proven Gas Reserves for Economic Growth and Development.”

FG discussing with stakeholders

When asked what the government has done to control the rising cost of domestic gas, Ekpo said the ministry is discussing constantly with critical stakeholders like the Nigerian Midstream and Downstream Petroleum Regulatory Authority and operators such as Mobil, Chevron, and Shell to address the issue.

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He explained that once there is a stoppage of the export of locally produced domestic gas, there will be more volume for the domestic market which will automatically reduce the price of the product.

  • He said, “We are interacting with critical stakeholders to ensure that there is no exportation of LPG.
  • “All LPG produced within the country will have to be domesticated. And when this is done, the volume will increase and of course, the price will automatically crash.
  • With the issue of gas, you have seen the demonstration of the Federal Government by withdrawing all taxes and levies from the importation of gas-related equipment. It is a big incentive.
  • “On the issue of LPG (cooking gas), we are interacting with the critical sectors to ensure that there is no exportation of LPG. All LPG produced within the country will have to be domesticated. And when this is done, the volume will increase and, of course, the price will automatically crash.
  • “I’m in contact with the regulator, NMDPRA, we have meetings almost daily with the producers of the gas like Mobil, Chevron and Shell. So there is that hope that things will turn around.
  • “And that is also why we are having this engagement to know exactly what the problems are so that we can address them once and for all.”

What you should know

  • There have been reports of escalating prices of cooking gas in major cities across the country with the prices hovering between N17,000 and N18,000, as against the N9,000 the product was selling around November last year.
  • Earlier in September 2023, gas retailers under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers warned that the price of a 12.5kg cooking gas cylinder could surge to N18,000 by December 2023 if the Federal Government does not intervene to regulate the actions of terminal owners.
  • The president of the association, Olatunbosun Oladapo, attributed this unjustifiable price hike to terminal owners who, he alleged, are exploiting the excuse of a high foreign exchange rate to increase prices, causing significant hardship to the general population.

FG bans export of cooking gas to crash prices

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Nigeria records another nationwide blackout as grid collapses

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Nigeria records another nationwide blackout as grid collapses

Nigeria was again plunged into total darkness for hours on Sunday after national grid collapsed for the second time in less than one month.

Many homes and businesses were left without power supply, extending to Monday morning.
This came about a week after the controversial review of Band A power consumers increasing electricity tariff from N68 to N225/kw.
Data supplied by the National System Operator, a semi-autonomous unit in the Transmission Company of Nigeria showed that the grid collapsed around 3am.
The Transmission Company of Nigeria battled to restore the grid as supply later rose to 250MW, with Abuja and Lagos Disco having the highest load of 80MW, Ibadan Disco with 50MW, and Benin Disco with 40MW.

Nigeria generates an average of 4,000MW of electricity for estimated 200 million citizens across the country.

The grid continues to record incessant collapses due to gas supply constraints, transmission infrastructure vandalism, and liquidity crises, among others.

Latest data from the Independent System Operator, an arm of the TCN, showed that only one electricity generation company, Ibom Power, was active as of Monday morning.

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The national grid collapse was confirmed by the Jos Electricity Distribution Company.

The Head, Corporate Affairs, JEDC, Dr Friday Elijah, said in a notice to customers, “The current outage being experienced within our franchise states is a result of a loss of power supply from the national grid.

“The loss of power supply from the national grid occurred in the early hours at about 0242hours of today, Monday, April 15, 2024, hence the loss of power supply on all our feeders.”

Elijah, however, expressed hope that the grid would be restored for normal power supply to electricity consumers.

On February 5, 2024, power generation on the national grid crashed to 59.9 MW around 12 p.m. on February 4, 2024, as the country’s grid witnessed a nationwide collapse.

The report stated that data obtained from the Federal Ministry of Power showed that electricity generation on the grid plunged from 2,658.75 MW at 11 a.m. to 59.9 MW by noon on February 4, 2024, as power distributors lost supply from the grid.

This led to widespread blackouts across the country, as power distribution companies blamed it on the collapse of the grid managed by the Transmission Company of Nigeria, an agency of the Federal Government.

National grid collapses again as Nigerians suffer blackout

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Bobrisky’s male organ intact, says NCoS official

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Bobrisky

Bobrisky’s male organ intact, says NCoS official

Controversial crossdresser, Idris Okuneye, aka Bobrisky, who was handed a six-month prison sentence over naira abuse, currently shares the same cell with male inmates at the Ikoyi Custodial Centre.

A top official in the facility who spoke to our correspondent on the condition of anonymity, as he was not authorised to speak on the matter, said the crossdresser was examined at the point of admission.

According to the official, the outcome of the examination revealed that the convict had no realignment of gender or genital organs.

“Bobrisky was perceived as an ordinary detainee and underwent a thorough examination, which revealed no evidence of gender or genital organ realignment. His male biological characteristics remained unchanged.

The source said that, “Bobrisky made a public declaration that he was a male and court proceedings are public records. Every inmate brought into a facility during admission is examined.  He was equally examined and no realignment of gender or genital organ was discovered. The male biological features were the same.

“After that, a cell was allocated to him, and he had a certain number of inmates with him. A bed space was also allotted to him. It is just like a boarding house where your housemaster will issue you your personal belongings.”

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The source added that the convicted crossdresser had been observing the rules and procedures obtained in the facility.

“When it is time for class, he attends. When it is time for food, he will go and get his portion. The same goes with prep and light out. He observes all these without preference. He has been going about his business just like other inmates since he was brought in here.”

While making a clarification on the claims that Bobrisky was being protected against abuse, the official noted that the facility frowned against any form of abuse by a fellow inmate.

“He is not getting any five-star treatment and is not being protected from anybody. He follows the same rules and regulations just like every other inmate. Single cells of isolation cells are to prevent outbreaks of communicable diseases. In a male prison, homosexuality is outlawed and it is a grievous offence. Sodomy or homosexuality, is frowned upon here in the custodial centre. So any inmate that tries to violate him will face the law.”

When contacted, the spokesperson for the Lagos State Command of the NCS, Rotimi Oladokun, declined to speak on the matter.

“I have no comment,” he said.

Recall, Justice Abimbola Awogboro of the Federal High Court in Lagos, while sentencing the convict, on Friday, April 12, 2024, said the judgment would be a deterrent to others who are found abusing and mutilating the naira.

Bobrisky who was taken into the Custodial Centre after the judgement was said to have been treated equally like other inmates.

Bobrisky’s male organ intact, says NCoS official

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El-Rufai’s ally, Aisha, arrested over Facebook post

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El-Rufai’s ally, Aisha, arrested over Facebook post

Aisha Galadima, a female politician and member of the All Progressives Congress (APC) in Kaduna State, was reportedly arrested on Sunday by security agents believed to be operatives of the Department of State Services (DSS).

The arrest was said to be related to a negative social media post about the state governor, Uba Sani.

According to sources, Galadima criticised Sani’s last comment against the former governor of the state, Nasir El-Rufai in a post on her Facebook page.

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A neighbour said she was arrested in her community in the Tudun Wada area of Kaduna on Sunday afternoon, and another friend stated that Galadima’s phone was switched off after the arrest.

However, the Chief Press Secretary to the governor, Muhammad Lawal Shehu, said he was not aware of the arrest and directed inquiries about the matter to the DSS for further clarification.

“I’m not aware that a woman was arrested for posting a negative comment against His Excellency. In any case, you should direct your enquiries to the DSS, not the Kaduna State Government,” he said.

El-Rufai’s ally, Aisha, arrested over Facebook post

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