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Why Cooking Gas Price Is Skyrocketing — NLNG

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At the backdrop of the sustained upswing in the prices of cooking gas, the Nigerian LNG Limited, has indicated that three major factors around the domestic macroeconomic developments as well as global factors have combined to constrain adequate supply in the domestic market.

The firm also indicated that it would sustain the market with about 1.3 million metric tones

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In a statement yesterday, the company said: “The domestic LPG market, like any other, is subject to dynamic market forces and various external factors. Such factors as changes in exchange rates, and escalating price benchmarks mirroring crude oil prices, and the Panama Canal drought-induced vessel scarcity impacting transport costs especially for imported LPG, have had significant effect on energy prices in the recent times and could undoubtedly be some of the reasons for recent price hikes witnessed in the domestic market’’.

READ ALSO: What Ex-ministers Say About Buhari Shocking – Kukah

Meanwhile, the average price of 1kg cooking gas has gone up by 61 percent to N1,200 from N696 it sold in June 2023.

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Amidst the constraints NLNG Limited said its 1.3mmt supply is targeted at reducing importation while meeting increasing demand for the product in the country.

It stated: “NLNG has been making contributions to the domestic LPG market, spurring the steady growth of the nation’s DLPG market volume from less than 50,000 metric tonnes of imported LPG in 2007 to over 1.3 million metric tons of both domestic and imported LPG today.

“NLNG currently delivers over 450,000 metric tonnes per annum of Butane, the main product in cooking gas and has embarked on domestic propane supply to further grow the market.

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READ ALSO: Niger, NNPCL Sign Renewable Energy Pact

“The Company has committed its entire Butane and Propane production to the domestic market from 2023 and despite feed gas challenges, continues to supply LPG to the domestic market, accounting for approximately 40% of the total market volume. Since the beginning of the year, NLNG has delivered over 380,000 metric tonnes of LPG using the Company’s dedicated LPG vessel.

“NLNG maintains an unwavering commitment to ensuring the reliable supply of its LPG production to the domestic market at prices that are reflective of the market. The Company is collaborating with relevant industry stakeholders to achieve this objective and will remain focused on achieving its mission.”

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DSS Issues Warning, Arrests Man For Circulating Fake Recruitment Materials

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The Department of State Services (DSS) has disclosed the arrest of one Mr. Eze Ezenwa Benard, who was recently apprehended for circulating fake DSS recruitment past questions and answers on Facebook.

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The agency, while warning the public in a statement on Saturday, said the suspect operated through a page known as “Jobs and Education”, where he advertised the fraudulent materials and charged unsuspecting members of the public one thousand naira (N1,000) for access.

The public is hereby cautioned to disregard any materials, as the DSS does not sell or distribute recruitment questions, answers, or examination guides through private individuals or social media pages. Recruitment into the Service, when necessary, follows specialised procedure in accordance with extant laws and due process,” the statement reads.

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Continuing, DSS said Ezenwa’s arrest underscores the Service’s determination to safeguard Nigerians from the fraudulent schemes of unpatriotic elements. “Citizens are therefore encouraged to remain vigilant, verify information from official sources and report suspicious recruitment adverts or individuals attempting to extort money under false pretense.”

The agency assured that it will continue to protect the integrity of its recruitment process while ensuring that perpetrators of fraud face the full weight of the law.

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‘Na Only People You Gave Work Love You,’ Singer Speed Darlington Tells Tinubu

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Singer Speed Darlington has told President Bola Tinubu that public admiration cannot be bought, warning that only those who received appointments or jobs from the government truly support him.

In a video posted on Saturday, August 23, the singer said, “Everything isn’t about the economy! There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you.”

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READ ALSO:Before You Leave Office, Reform The Police — Speed Darlington Urges Tinubu

Darlington, an Igbo man, urged Tinubu to focus on police reform and respect for human rights. “The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.

“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate. Please, before you leave office, please speak to your Yoruba brother IGP man,” he added.

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Before You Leave Office, Reform The Police — Speed Darlington Urges Tinubu

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Popular controversial singer Speed Darlington has called on President Bola Tinubu to reform the Nigerian Police Force, urging the government to prioritise citizens’ rights alongside economic growth.

In a video posted on Saturday, the entertainer criticised what he described as the police’s systemic human rights violations and oppressive practices.

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Mr President, before you leave office, whether you secure a second term or not, try your best to improve Nigeria. Everything isn’t about the economy!

“There is more to leadership than the economy. See as everybody dey call your name, dey complain. Nobody loves you. Na only the ones you gave work, na them love you. Even your own tribe dey complain about you,” he said.

READ ALSO:Obi Blames Tinubu For 70% Investment Crash

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The singer, who identifies as Igbo, urged Tinubu to engage with the Inspector-General of Police and implement reforms.

As an Igbo man, the advice I can give you so people will know your name and remember you for something good is to reform the police. Reform the police.

“The Nigerian police is an oppressive agency rooted in human rights violation. As a matter of fact, if they do not violate you, it’s as if they are not even doing their job.

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“The idea of arrest before investigation is a pure human rights violation. You arrest and hold a person before you dey investigate,” he added.

READ ALSO:Tinubu Subsidises Kidney Dialysis Cost By 76% In Federal Hospitals

Darlington also recounted his personal ordeal with law enforcement, highlighting the system’s abuse of power.

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I was held for two months after the judge had ordered my release. FID held me for two months. According to my lawyer, the Nigerian law gives only 28 days for investigation.

“They held me for two months. What is the extra month for? Because they can. If you give them money, they oppress your enemy. I have experienced it,” he said.

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