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Nigerians React As Gas Marketers Accuse Terminal Operators Of Orchestrating Recent Price Rate

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Nigerians React As Gas Marketers Accuse Terminal Operators Of Orchestrating Recent Price Rate....KINDLY READ THE FULL STORY HERE▶

Gas marketers, represented by the Nigerian Association of Liquefied Petroleum Gas Marketers (NLPGM), have alleged that a group of terminal operators, acting as a cabal, is responsible for the recent surge in product prices. These marketers argue that this group of confident marketers unilaterally determines the price of LPG, to the detriment of ordinary Nigerian consumers.

NLPGM President Oladapo Olatunbosun conveyed this concern to the National Assembly during a session with the Senate Committee on Gas. He highlighted the fact that, despite the consistent and uninterrupted supply of gas by the Nigeria Liquefied Natural Gas (NNLG), certain prominent marketers have assumed control over pricing, resulting in significant price increases.

Olatunbosun explained the situation, stating, “The Cabals are making it difficult for the average Nigerian to have access to gas. As of today, gas is sold by these terminal owners for N16.8m for 20 metric tonnes, whereas NNLG sells to them for a little bit less than N9m.

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He further identified the terminal operators involved, such as NAVGas, NIPCOPLC, Matrix Energy Ltd, Prudent Energy Ltd, Shafa Energy, Techno Gas, StockGap Ltd, Mobil, Pan Ocean Limited, NNPC, OLogbo, NSPC Apapa, SHELL, Dozzy LPG terminal.

The gas prices charged by these terminal operators have risen significantly, leaving many Nigerians struggling to afford this essential commodity. Olatunbosun highlighted the hardships this has caused, especially for students and low-income workers.

Additionally, Olatunbosun emphasized that Nigeria possesses substantial gas reserves and production capacity, and therefore, there is no justification for such exorbitant pricing. Terminal operators have cited foreign exchange transactions as a rationale for continuous price hikes, which Olatunbosun questioned.

He further implored the Senate Committee to intervene and protect the average Nigerian consumer from these terminal operators, warning that if the situation persists, gas could become a luxury product accessible only to the affluent.

Senator Jarigbe, the chairman of the Senate Committee on Gas, expressed his commitment to addressing this issue, emphasizing the government’s intention to make gas supply more accessible to the population. He pledged to support the gas marketers in rectifying the pricing issue and ensuring that gas remains affordable for all Nigerians.

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COURTROOM CHAOS: Security Scramble As Enraged Mob Brutally Attacks Chidimma Adetshina Outside South African Courthouse!.

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Security personnel had to step in following a hostile incident involving Miss Universe Nigeria 2024, Chidimma Adetshina, outside the Cape Town Regional Court in South Africa.....KINDLY READ THE FULL STORY HERE▶

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    • The Incident: According to viral footage, the beauty queen was shoved and harassed by chanting onlookers as she exited the courthouse before security intervened to clear a path.

    • Legal Stance: Adetshina maintains that she was born in South Africa and is actively contesting the deportation attempts through legal channels.

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EL-RUFAI’S BATTLEGROUND: ADC Chieftain Demands Immediate Action From Northern Elders In Shocking Statement!.

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Former North-West National Vice Chairman of the African Democratic Congress (ADC), Jafar Ibrahim Sani, has called upon Northern elders and political leaders to advocate for strict adherence to due process regarding the legal situation facing former Kaduna State Governor Nasir El-Rufai.....KINDLY READ THE FULL STORY HERE▶

    • Call for Solidarity: In a statement titled “El-Rufai, The North, Our Elders and the Test of Loyalty,” Sani criticized political stakeholders who abandon their associates during times of adversity, emphasizing that true loyalty is tested when challenges arise.

    • Emphasis on Fairness: While acknowledging that opinions on El-Rufai’s public life vary, Sani maintained that personal or political disagreements should not compromise the pursuit of fairness and the rule of law.

    • Pursuit of Justice: He urged stakeholders to support a legal process that ensures transparency, noting that a fair trial should ultimately follow whatever outcome the courts lawfully determine.

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TACTICAL TAKEOVER: US Military Lands In Bauchi To Launch High-Stakes Drone Training For Nigerian Troops!.

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The United States Africa Command (AFRICOM) has announced a collaborative military training initiative with Nigerian forces in Bauchi State, designed to enhance security cooperation, combat readiness, and bilateral relations between the two nations.....KINDLY READ THE FULL STORY HERE▶

    • Scope of Training: According to an AFRICOM report, the program covers several key areas chosen by Nigerian leadership, including small-unit tactics, weapons familiarization, explosive ordnance disposal, water treatment and testing, camouflage techniques, and Combat Lifesaver/Tactical Combat Casualty Care instruction.

    • Unmanned Aircraft Systems (UAS): The drone training drew significant focus, with U.S. intelligence personnel guiding members of the Nigerian Air Force Special Forces Regiment through both instructional sessions and hands-on operational practice.

    • Strengthening Interoperability: Officials highlighted that the joint exercises extend beyond technical skill development, fostering vital working relationships and tactical cooperation at the foundational levels of both militaries.

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