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High price of cooking gas taking toll on us, several South-West residents lament

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High price of cooking gas taking toll on us, several South-West residents lament

SEVERAL residents of some states in the South-West zone of the country are lamenting the astronomical increase in the price of cooking gas, saying it is severely affecting them.

The residents told the News Agency of Nigeria (NAN) in separate interviews that unless government intervened urgently, the situation may force them to discard using gas to cook.

They said they may have no other choice than a return to using charcoal, firewood and sawdust, among other archaic means of cooking.

NAN reports that 12.5 kilogramme (kg) of gas now sells for between N10,000 and N10,625 as against the N8,700 it was being sold before in some parts of the zone.

A 6 kg equivalent goes for between N4,800 and N5,100 instead of N4,176.

The residents, who expressed shock with the cooking gas situation, said that they never prepared for such an astronomical increase.

They lamented that this has come particularly with the increase in the price of petrol, with its attendant negative effects.

The residents appealed to government to, as a matter of urgency, step up measures to address the situation in order to reduce the sufferings of Nigerians.

A housewife, Mrs Eunice Alabi, a resident of Ayegun-Fasade in Egbeda Local Government Area (LGA) of Oyo State, said the situation is not economically wise for her.

“A low income-earner like me cannot afford to buy a kilogramme of cooking gas at a cost of N850. That is the situation we are in now,” she said.

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Alabi said she had already returned to the use of a sawdust stove at little or no cost to her, aside getting sawdust from a nearby sawmill.

Mr Michael Tubosun, a commercial motorcycle operator at Iwo-Road in Ibadan North-East LGA, contended that using gas to cook now had become the exclusive right of the rich.

He said he had bought a charcoal pot for his wife to cook.

Also speaking with NAN, a roadside beans and yam vendor at Oluwo junction in Egbeda LGA, Mrs Jelilat Yusuf, said she had embraced the use of firewood for cooking.

“I thought I was becoming modern by using gas, but now I can not afford gas again,” she said.

According to Yusuf, firewood is cheaper and makes her to make more profit than using gas.

Although she expressed concern about the smoke from firewood, which, she said might not be good for her health, Yusuf however said she had no choice.

“Since gas has gone out of my reach, I have no choice.”

She implored government to intensify efforts toward bringing down the price of cooking gas and foodstuffs.

An environmentalist, Mr Bola Ogunrinde, however, said using the alternatives to gas could be dangerous to health.

“Dioxin, one of the substances released when plastic is used and inhaled, can instantly cause coughing, shortness of breath and dizziness,” he stated.

A gas retailer, Mr Zacheaus Akinlabi, also said he had witnessed a marked reduction in the number of customers patronising him due to the sudden increase in gas price.

“Since the hike in price of gas, some of my customers have stopped patronising me, while the few that come around only buy the fewN kilogrames they can afford,” Akinlabi said.

A food vendor, Mrs Funmi Durodola, said that she had shifted from using gas to charcoal.

Although Durodola said that a bag of charcoal had also increased from N3,500 to between N4,700 and N5000, nevertheless she said it was still more economical than gas.

Mrs Tolu Adejo, a mother of three, said: “When gas was between

N700 and N750 per kg, my husband usually refilled for us, while we support our cooking with firewood, especially when we wanted to cook beans.

“To make matters worse, kerosene is also beyond our reach and so we now use firewood, alongside plastic and nylon to do our cooking, because we just have to survive,” Adejo said.

The situation is the same in Ilorin in Kwara, as most residents have resorted to use of charcoal and firewood due to the hike in the price of gas.

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Mrs Munirat Bello, a teacher at a private school in Ilorin, said she had embraced the use of charcoal to complement the little gas she could afford.

A housewife, who also plaits hair for a living, who simply identified herself as Mama Bashira, also said that the situation had gone bad for her.

She said she had to resort to the use of charcoal.

“A bag of charcoal sells for as low as N1,500 if a person can get it straight from the farm and if well-managed, it can last for a month or even more,” Mama Bashira said.

Similarly, Hajia Lateefah Yusuf, a business woman, expressed surprise with the sudden increase in gas price, in spite of what she called the rhetoric of abundance of gas in the country.

A civil servant with Kwara Ministry of Agriculture, Mrs Abosede Buraimoh, described the situation as very worrisome and unbearable, calling for urgent intervention by government.

An artisan, Mrs Titilayo Oshagbemi, said she had stopped patronising gas stations due to the hike in the price of the product.

“I prefer to buy a bag of charcoal at the rate of between N3,000 to

N3,300, than to buy 5 kg gas at the rate of N4,750 or N5,400, while the charcoal will last longer than gas,” she said.

For Alhaja Tawal Aliyu, an artisan, the price of gas has become ‘scary’.

“How can I buy 1 kg of gas for N850 with the current economic hardship? No. I will rather get firewood to cook,” Aliyu lamented.

A resident of Ilorin, Mrs Afusat Jimoh, described the situation as frustrating, saying most people had dumped their gas cylinders and picked charcoal stoves.

“I’ve told my children to go and keep our cylinder somewhere in the

store. I am conveniently using my charcoal stove now. It saves me more money,” she said.

Mrs Toyin Aina, who said that many people had resorted to the use of kerosene stoves and charcoal stoves, called on the Federal Government to “act fast.

“This is because things are now very hard and tough in Nigeria.”

One of the attendants at a gas station, Mr Mubarak Bello, said patronage had dropped since the gas price had increased.

The Founder of Green Environment Movement, an environmental non-governmental organisation (NGO), Mr James Akinyemi, however said that using nylons and plastic to aid burning of charcoal could result in cancer.

According to him, burning plastics releases toxic chemicals into the air which, when inhaled, can cause cancer.

”Poly chlorinated biphenyls (PCBs), polycyclic aromatic hydrocarbons (PAHs) and dioxins are among the most toxic chemicals commonly released into the air when burning plastics.

”Chronic exposure to these chemicals can interfere with hormone functions and cause cancer.

“So, it is better to avoid burning of plastics and nylons as much as possible,” he said.

Akinyemi noted that the economy was not friendly with the recent increase in price of gas.

He however cautioned people against using items that could have negative effect on their health.

NAN checks in Ogun also indicate that 12.5 kg of gas now sells for between N11,200 and N12,800 in some gas stations across the state.

NAN also reports that the situation has led to an increase in prices of foodstuffs as well as reduction in the quantity served for certain

prices at various restaurants and food joints.

Mrs Florence Akpan, a food vendor at Adeoyo area of Ijebu-Ode, said that sales had dropped significantly due to increase in gas price.

“Customers now complain about the reduction in the quantity of food being sold to them.

“I now cook small quantity of food because sales have really gone down and there is nothing I can do because I have to cover my cost and add small profit margin too.

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“Times are really hard for both buyers and sellers now. It is a serious matter,” she said.

Another food vendor at Oke-Ilewo area of Abeokuta, Mrs Dorcas Sobowale, told NAN that for her to continue in business, she had resorted to using charcoal.

“While a bag of charcoal costs N5,000, 12.5 kg of gas now sells for N12,800.

“Although cooking with gas is more convenient and faster, I have to make the necessary sacrifice and adjust to using charcoal and firewood to survive in business.”

A gas retailer, Kabiru Adegoke, said the price of cooking gas was not stable, “as it goes up and down in a matter of days.

“Patronage has really been affected due to the high cost of gas per kg, which is now N840 from the N700 we sold it two weeks before now.

“Hardly do we now see people filling up their 12.5 kg cylinder again.

Rather, they fill in small quantities like 2kg and 3kg,” Adegoke said.

Mrs Fauziyah Adebiyi, another resident of Abeokuta, lamented that life had been really difficult since the sudden increase in the price of gas.

She said what would have been the next and easy alternative was kerosene stove, “but sadly enough, kerosene itself is a no-go area now.

“The last time I needed half a bottle just to mix an insecticide, I

was told it was N400, meaning that a bottle is N800. How does one buy that easily with the hardship in the land?” Adebiyi queried.

For Mr John Akpan, a landlord in Mowe area of Obafemi-Owode LGA of Ogun, he has had to unfortunately ban the use of charcoal in his house.

Akpan said his tenants had resorted to the use of charcoal in

the wake of gas price increase.

He said the kitchen and other areas within his two-storey building had become messy, with the walls stained with coal.

“I know times are hard, but if the situation continues unchecked, I

will have to spend money on painting the house from time to time,” Akpan said.

In her reaction, another gas user, Mrs Taiwo Akande, said she had been switching between electric stove and gas cooker for her cooking.

“We are still using the old metering system in my compound. So, I use electric burner for most of my cooking whenever there is power.

“I may have to resort to charcoal when our prepaid meter is installed and the situation persists,” she said.

Mr Johnson Adigun, an urban and regional planner, listed alternative means of cooking to include: kerosene, charcoal, saw dust and firewood, all of which he, however, said had “far-reaching” consequences.

According to him, firewood often pollutes the environment and worsens the climate change crisis, aside the health implications like lung cancer which can lead to premature death.

To Mr Kayode Ahmed, an environmentalist, one of the possible consequences of using firewood and charcoal for cooking is deforestation.

Ahmed said such situation could arise when trees were not planted to replace those being cut for firewood.

Another environmentalist, Mr Ola Oresanya, maintained that the use of bio-gas and solar stove as alternative sources of cooking might not be detrimental to the environment.

“Bio-gas is the most environmental-friendly, and also a renewable source of energy.

“Using solar to cook is also reasonable and not having any adverse effect on the environment,” he said.

High price of cooking gas taking toll on us, several South-West residents lament

(NAN)

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

  • Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
  • His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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  • Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

  • In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

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President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

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Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.

 

BREAKING: National Assembly extends lifespan of 2024 budget

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