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Xmas: Prices Of Foodstuff Stable In Warri

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Head of Service, Barr. Samuel LongJohn (left) in a handshake with a retiree after the presentation of refrigerator at a sendforth party for retired staff of his office.

Head of Service, Barr. Samuel LongJohn (left) in a handshake with a retiree after the presentation of refrigerator at a sendforth party for retired staff of his office.

Few days to Christmas, the
price of rice, vegetable oil and spices have remained stable in Warri, Delta, a survey conducted by The Tide has shown.
The survey showed that though the price of these food items was stable in major markets in the commercial city that of onions, tomatoes and pepper witnessed marginal increase.
In Ogbe-Ijoh Market, a 50kg bag of rice cost between N8,000 and N10, 000, depending on the brand.
A rice dealer, Mrs Joy Harrison, said a 50kg bag of Mama Gold rice was still sold for N10, 200 while the same quantity of Royal Umbrella rice remained N10, 000.
Harrison added that a 50kg bag of Ade rice cost N8,000 while Mama Africa and Stallion brands sold for N8,700 per 50kg bag. The dealer, however, decried low patronage.
‘’Customers are not coming, people are not buying as if we are not in a festive season; this is because there is no money in circulation,’’ she said.
In Dugbaleh Market in Udu, the prices of various brands of rice were the same, but transaction was low.
Mrs Augusta Osayande, a dealer on vegetable oil in the market, said four litres of Favour vegetable oil sold for N1, 000 while the same quantity of Ginos sold for N1, 500.
Osayande told newsmen that the same quantity of Kings, Turkey and UAC Power brands of vegetable oil was also sold for N1,500.
She told the survey that the price of these food items did not change despite the fact that Christmas was around the corner.
Mr Dafe Ideh, the Chairman, Onion Sellers Association in Igbudu Market, told newsmen that there was slight increase in the price of the commodity.
He said that a bag of onions cost between N33,000 and N35,000, as against the previous price of N30,000.
He said that the cost of transporting a bag of onion from the northern part of the country to Warri had risen from N1,400 to N2,200.
Ideh attributed the increase to the security challenges in the North-East which, he said, had affected the production of onions.
‘’Most of the people cultivating onions in the north have been displaced while some even lost their lives to the Boko Haram insurgency,’’ he said.
A tomato seller in the market, Mr Tanko Zakari, said the price of a basket of tomatoes ranged between N4,500 to N7,000, depending on the size. Zakari told newsmen that the cost of a basket of the commodity cost between N3,000 and N4,000.
He said a bag of pepper cost between N6,000 and N8,000 as against N5,000 and N6,000 in 2013, depending on type.
He also attributed the increase in the price of tomato to the insecurity in the North-East and cost of transportation.
“A lot of farmers are afraid to cultivate tomatoes because of the insecurity and the outcome of the 2015 elections.
‘’I tell you tomatoes will be expensive next year because there is less cultivation this year.
‘’My customers also complained that there is no money in circulation and that has led to the low patronage we are experiencing,’’ he said.
Zakari urged government to find a lasting solution to the lingering security challenges in the country.
Mrs Margaret Maxwell, a tomato retailer, said sales were low as some of her customers complained of delay in payment of December salary.

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IPMAN Raises Concern Over Delay In Chinese Refinery Deal …Predicts Lower Fuel Prices Through Competition

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The Eastern Zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPCL) to fast-track the conclusion of the proposed Technical Equity Partnership with two Chinese firms.
IPMAN made the appeal amid growing concerns over the delay in finalising the agreement initiated through the signing of a Memorandum of Understanding (MoU) on April 30, 2026, between NNPCL and Sanjiang Chemical Company Limited as well as Xinganchen (Fuzhou) Industrial Park Operation and Management Company Limited.
It said the proposed arrangement was designed to revive and expand operations at the Warri and Port Harcourt refineries, noting that successful implementation would strengthen the downstream petroleum sector and restore confidence in Nigeria’s oil and gas industry.
The former Unit Chairman and current Zonal Secretary of IPMAN, Eastern Zone (System 2E), Comrade Inimgba Emmanuel Okubowei, made the call in a statement issued by the union after the Good Governance Summit organised by the Working People United (WOPU) in Abuja, and obtained by TheTide in Port Harcourt, at the weekend.
Okubowei expressed concern over the continued hardship faced by Nigerians due to the high cost of Premium Motor Spirit (PMS), stressing that households and businesses were increasingly burdened by rising energy costs.
Okubowei stated that fuel prices would naturally decline once the Chinese partners commence full operations at the refineries, explaining that increased refining capacity and a more competitive market environment would positively influence pump prices.
The unionist further noted that the partnership would attract fresh investment, improve domestic refining output, increase petroleum product availability and create a more stable operational environment for industry stakeholders.
He maintained that healthy competition remains one of the most effective mechanisms for achieving fair pricing in the downstream petroleum industry and protecting consumers from avoidable price pressures.
The IPMAN official further argued that the entry of additional technically competent operators into the refining space would discourage monopolistic tendencies, improve operational efficiency and guarantee a more stable supply of petroleum products across the country.
He, therefore, appealed to the Group Chief Executive Officer of NNPCL, Engr. Bashir Bayo Ojulari, and the management of the company to accelerate all outstanding processes required for the successful execution of the Technical Equity Partnership.
Okubowei also called on the NNPCL leadership to publicly explain the reasons behind the prolonged delay and provide Nigerians with a definite timeline for the commencement of the project.
He emphasised that transparency, accountability and timely communication would strengthen public confidence in the initiative, adding that prompt execution of the agreement would enhance Nigeria’s energy security, create employment opportunities, stimulate economic growth and provide lasting relief to millions of Nigerians through more affordable petroleum products.
King Onunwor
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Gas Economy: Decade of Gas, Pi-CNG/ EV Deepen Media Engagement

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Poised to achieving an in-depth understanding of the Nigeria’s gas economy by it’s populace, the Decade of Gas Secretariat, in collaboration with the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV), has deepened media capacity engagement across the country.
The media session, third in its series, and held at the Hotel President, Port Harcourt, recently, brought together 30 journalists from the television, radio, print, and digital media platforms to deepen their understanding of Nigeria’s gas development agenda and further enhance their reportage on the role of gas in driving economic growth, energy security, industrialization, job creation, and improved living standards.
Speaking during the session, the representative,  Decade of Gas Secretariat,Taofeek Balogun , noted that the port Harcourt engagement followed two earlier sessions held in Lagos and Abuja, a move that began in 2025.
According to him, Nigeria’s gas sector continues to record significant progress, with year-to-date gas production reaching 7.85 billion standard cubic feet per day (bcfd).
Domestic gas utilization has surpassed the 2 bcfd mark, while gas exports have risen to their highest level in five years, reflecting growing demand across power generation, industries, transportation, exports, and household consumption.
Balogun emphasised the successful completion of the Obiafu-Obrikom-Oben (OB3) River Niger Crossing by NGIC/NNPCL, describing it as a critical infrastructure milestone that would improve gas transportation across the country, support industrial growth, attract investment, strengthen energy security, and contribute to economic development.
As part of efforts to expand domestic gas utilization, he reiterated the Federal Government’s commitment to increasing access to clean cooking solutions. The government’s target is to distribute cooking gas cylinders to five million households by 2030.
Following the successful rollout of the programme across the six geopolitical zones by the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, implementation would now move to the state level, beginning with Bayelsa State in July 2026.
Under the initiative, Balogun said, 27,000 households in Bayelsa are expected to receive cooking gas cylinders within the year as part of the 1(one) million homes per year target.
Also speaking, the Chief Operating Officer of Pi-CNG & EV, Tosin Coker, highlighted ongoing efforts to expand the adoption of Compressed Natural Gas (CNG) and electric mobility solutions as cleaner and more affordable transportation alternatives for Nigerians.
He disclosed that the Federal Government is promoting the adoption of CNG across Ministries, Departments and Agencies (MDAs) through the conversion of existing vehicle fleets and the procurement of CNG-powered vehicles as part of broader efforts to reduce transportation costs and improve energy efficiency.
Coker said “more than 100,000 vehicles have now been converted to CNG nationwide under the initiative, reflecting growing acceptance of alternative fuel solutions and supporting the country’s transition towards cleaner and more sustainable transportation”.
Participants commended the initiative for strengthening media capacity and improving public understanding of developments within Nigeria’s energy sector.
The Decade of Gas Secretariat and Pi-CNG & EV further reaffirmed their commitment to sustained stakeholder engagement and public awareness as Nigeria continues its journey towards a gas-powered economy.
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Group Seeks Media Partnership To Enhance Business Growth

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The Chief Executive Officer of Kefa Communication, Mr. Obihele Victor Amos, has called for stronger collaboration between business organisations and media institutions to enhance business growth, economic expansion and wider public engagement across communities.
Amos made the call during a press briefing in Port Harcourt at the weekend.
He emphasised that strategic media partnership remains critical to improving visibility for businesses and attracting investment opportunities.
According to him, the media occupies a central position in shaping public perception and creating awareness that can support enterprise development and economic sustainability.
He also noted that, many emerging businesses continue to face growth limitations due to insufficient publicity and inadequate access to effective communication channels.
“Stronger engagement with the media would help bridge information gaps and create better connections between businesses and potential customers”, he said.
The CEO further stated that responsible and developmental journalism could play a significant role in promoting innovation and encouraging healthy competition within the business environment.
He stressed that beyond informing the public, the media serves as a platform for influencing policies and encouraging stakeholder participation in economic development.
Amos further disclosed the group is committed to building relationships with media organisations through continuous engagement and collaborative initiatives.
He said such partnerships would create opportunities for entrepreneurs and support efforts aimed at expanding market access.
The business leader also urged media practitioners to sustain professionalism and continue highlighting stories that promote enterprise and national development.
He expressed confidence that improved synergy between the media and the business community would contribute to employment generation and economic resilience.
Some participants at the briefing described the initiative as a welcome development capable of strengthening public understanding of business opportunities.
There were also calls for sustained cooperation among stakeholders to drive inclusive business growth and long-term development.
King Onunwor
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