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Energy Crisis: Gas Price Rises 25% In Three Weeks …Europe Turns To Nigeria, Others For LNG
The price of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, has risen by 25.7per cent in the last three weeks as 12.5kg now sells at N8,800 from N7,000.
Investigations show that one Kg rose by 11per cent to N1,000 from N900, 3kg rose by 10per cent to N2,200 from N2,000, 6kg rose by 15.8per cent to N4,400 from N3,800, while 12.5kg rose by 25.7per cent to N8,800 from N7,000.
The Association of Liquefied Petroleum Gas Retailers (ALPGR) branch of NUPENG had called on the government to come up with a clear policy direction for the development of LPG in the country to forestall the consistent rise in the price of the product.
According to the association, the worrisome aspect of the development is that it has continued to rise on a daily basis for weeks now but began to escalate in the last one week, leading to significant increases in both depots and retail outlets.
The association said: “A similar price rise occurred in 2021 leading to the sale of 12.5kg gas for up to N10,000 in late November and early December, 2021 amidst supply shortages. We expect the government to come up with a clear policy direction for the development of LPG in the country to forestall the ugly situation.”
However, the Federal Government attributed this challenge to shortage of supply of gas from the major oil companies who have refused to allow transportation of third-party gas through their joint pipelines to the Nigeria Liquefied Natural Gas (NLNG) trains.
Appealing for support, the Minister of State for Petroleum Resources, Chief Timipre Sylva, urged partners in the NLNG project to allow access through their joint pipelines to increase supply to the plant.
Sylva said: “NLNG is at present only able to produce at about 70per cent of installed capacity and has been unable to operate at full capacity following the refusal of the joint partners – Shell, Chevron, as well as the Nigerian National Petroleum Company (NNPC) Limited, and others, to allow third parties to transport gas through their pipelines to the NLNG trains.
“These challenges have been causing the company’s inability to meet both domestic and international gas obligations.”
He added that if the NLNG partners relax their rules and allow third parties to supply gas to the NLNG, the company will be able to provide gas to help ease European Union’s gas crisis.
“The issue we have with the existing NLNG trains is that of insufficient gas supply. The partners are running out of gas and they are refusing third parties to supply gas to the trains. The partners are insisting that they can only allow third-party supply gas to the plant only if they agree to supply at subsidised rates.
“These people, of course, want to make money and they cannot supply at subsidised rates and that’s why the NLNG trains cannot produce at full capacity.”
Meanwhile, European countries, yesterday, continued their quest to have Nigeria export more Liquefied Natural Gas (LNG) to the European Union, as they seek a move away from Russian energy dependency.
Russia’s invasion of Ukraine is forcing Europe to diversify its energy supply.
It was gathered that LNG is fast becoming the low carbon alternative fuel of choice for domestic, marine and automotive consumption.
Also, the NLNG terminal currently running on six trains IN Bonny, Rivers State, has an LNG production capacity of 22.2million tons per annum, Mtpa, which is expected to increase to 30Mtpa by 2030.
The European Union (EU) Ambassador to Nigeria, Samuela Isopi, led European delegation which includes, Ambassador of Portugal, Luis Barros; Ambassador of Spain, Juan Sell; Ambassador of Italy, Stefano De Leo; and Deputy Head of Mission (France), Olivier Chatelais, on a courtesy call on the management of the Nigerian National Petroleum Company (NNPC) Ltd to strengthen its partnership with Nigeria in the energy sector.
Isopi noted that the region was ready to strengthen its partnership with Nigeria in the energy sector.
According to Isopi, with the current geopolitical situation in Europe, the continent was interested in strengthening its cooperation with Nigeria, particularly in the area of possible increase in the supplies of Liquefied Natural Gas LNG).
“Nigeria is the fourth gas supplier to Europe. At least, 40percent of the Nigerian LNG is currently exported to Europe. We are not only major clients for Nigeria; we are also major partners in the oil &gas sector because some of the companies that are working with you are from Europe. So, we share the same interest and same objectives,” Isopi added.
On his part, GMD/CEO NNPC Ltd, Mallam Mele Kyari assured the European delegation that the company would continue to deepen its historical relationship with EU companies in Nigeria in order to add more value to its business, particularly towards increasing gas supply to the global market and enhancing domestic gas utilisation.
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We’ll Be Intentional In Our Support To Improve NYSC Scheme -Fubara
Rivers State, Sir Siminalayi Fubara, has assured members of the National Youth Service Corps (NYSC) of his administration’s commitment to supporting and strengthening the scheme in the State.
Fubara gave the assurance last Friday at the NYSC permanent orientation camp, Nonwa-Gbam, Tai Local Government Area in the State, during the swearing-in ceremony of 2026 Batch B Stream II orientation course.
Represented by the Permanent Secretary, Cabinet Bureau, Office of the Secretary to the State Government, Dr. Promise Oguzie, the governor said the State Government would remain intentional in providing the necessary support to improve the NYSC scheme and enhance the experiences of corps members deployed to the state.
He charged the corps members to be role models and quality nation-builders in their service to the good people of Rivers State in particular, and Nigeria at large.
“I charge you to be exemplary, dedicated and committed in all you do. Take full advantage of all the camp programmes and activities to enrich yourselves”, he said.
In his welcome address, the State Coordinator of NYSC in Rivers State, Mr. Moses Oleghe, urged corps members to see their deployment to Rivers State as a “veritable opportunity to make meaningful contribution to the growth of the State in particular and Nigeria at large.”
He further charged them to serve with all sense of “integrity, discipline, and the fear of God, especially when they will be engaged as INEC ad-hoc staff that will conduct the 2027 general elections.”
A total of 3,584 corps members composed of 1,421 males and 2,163 females were sworn in by the Chief Judge of Rivers State, who was represented by Justice Godspower Aguma.
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Fubara: Nigeria Needs God-fearing Leaders To Make Progress …Applauds Seventh Day Adventist
Governor of Rivers State, Sir Siminalayi Fubara, says Nigeria needs God-fearing leaders for the nation to move in the right direction and make meaningful progress.
The Governor stated this yesterday when he received in audience, the World President of the Seventh Day Adventist Church, Pastor Erton Kohler; his wife, Andriene Marques Kohler; daughter Mariana Marques Kohler and a retinue of ministers of the church at Government House, Port Harcourt.
Fubara who hailed the Seventh Day Adventist Church for its contributions to education and the grooming of future leaders in Nigeria, expressed delight that the Church had over the years, been investing in education at various levels and currently runs two universities in the country.
He commended the church for not only using its institutions to spread the gospel of Christianity but to groom future leaders for the country.
According to him, religion should not be just about defending one’s faith, but also making meaningful impact on the lives of the people.
He said that by floating these educational institutions, the church has demonstrated capacity to support Nigeria in the task of producing not only educated people but a breed of God-fearing leaders.
“Our country is where it is today because we lack the fear of God. If you have the fear of God, there should be a limit to what you can do because you understand the supremacy of God. But when God is not in your equation, you’ll go beyond the line and that is what has brought us to where we are today.
“So, I feel very happy that you are contributing to the development of our future leaders in this country. We need the right people being in the right place; prepared properly with good minds; that is what we need, not just in Nigeria but round the whole world.,” he said.
Governor Fubara further observed that the absence of God-fearing people in high places to take the right decisions that could impact positively on the society, has also given rise to other problems such as social inequality, poverty, corruption and criminality. According to him, Nigeria needs a system where the average parent could afford quality education for their children and a guarantee that upon graduation, the average child will have the capacity to compete favourably with anybody, anywhere in the world.
“If we have a situation where the little money that you’re being paid as wage can also afford you quality healthcare and after working at least for 15-20 years, you have a roof over your head, tell me why you should be involved in any kind of crime? At that point, you’ll feel secured and this attitude of insecurity about the future that leads to all the social vices we have today won’t be there,” he said.
Governor Fubara expressed appreciation to the delegation for the visit and for their prayers for Rivers State, assuring them of his continued support for their programmes in the state.
Leader of the delegation and World President of the Seventh Day Adventist Church, Pastor Erton Kohler said he was in Nigeria for a special conference of the church during which thousands of the church’s ministers will be undergoing an empowerment programme to further equip them for the task of herding their flocks and serving the society.
He expressed gratitude to the Governor for the warm reception accorded his entourage, saying the memory of the visit will linger in his mind for a lifetime.
Kohler disclosed that the Church has over twenty -four million (24,000,000) members and more than 182,000 places of worship, spread across 212 countries of the world.
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Rivers Assembly Approves Fubara’s 2026–2028 MTEF
The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.
This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.
The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.
Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.
Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.
He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.
The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.
During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.
The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.
Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.
Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.
The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.
According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.
Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.
The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.
King Onunwor
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