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Shell Facility Fire Raises Concerns Of Gas Price Surge In Nigeria
Shell Facility Fire Raises Concerns Of Gas Price Surge In Nigeria
The recent inferno at Shell’s Gbaran facility in Bayelsa has ignited fears of an impending surge in gas prices across Nigeria. The blaze, which erupted on Tuesday, has cast a shadow over the country’s liquefied natural gas (LNG) market, already grappling with escalating costs.....KINDLY READ THE FULL STORY HERE▶
The Gbaran facility, a linchpin in Nigeria’s LNG infrastructure, processes a staggering 2 billion standard cubic feet of gas daily. While Shell has assured that the incident won’t immediately halt operations, concerns linger over its potential ramifications.
Shell has pledged to conduct a thorough investigation into the incident, collaborating closely with regulatory bodies to ensure community safety. However, the timing couldn’t be worse, with gas prices already on an upward trajectory.
Earlier in April, the Nigerian government hiked wholesale gas prices by 11%, exacerbating the financial strain on industries reliant on LNG. This move has inevitably cascaded into higher costs for consumers, particularly in the cooking gas sector.
The price of liquefied petroleum gas (LPG), a vital commodity for households across Nigeria, has soared by nearly 47% annually. Despite governmental efforts such as VAT waivers on product imports, the price surge persists, underscoring the urgency for decisive action.
Oil and gas experts, like Barr Ameh Madaki, advocate for radical measures to stabilize prices. Madaki emphasizes the need to curtail LNG and LPG exports, redirecting resources to domestic consumption. Such a move, he argues, would not only alleviate pricing pressures but also address environmental concerns like gas flaring.
As Nigeria navigates these challenges, the specter of rising gas prices looms large, underscoring the imperative for strategic interventions to safeguard both economic stability and public welfare.
Babatunde Ogala (SAN), a former National Legal Adviser of the All Progressives Congress (APC), has defended President Bola Tinubu’s qualifications to run in the 2027 presidential election amid ongoing debates regarding his educational background.....KINDLY READ THE FULL STORY HERE▶
During an appearance on Channels Television’s Politics Today, Ogala addressed concerns raised by critics and opposition figures regarding the omission of primary and secondary school details from the personal particulars submitted to the Independent National Electoral Commission.
Key points from his remarks include:
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Constitutional Compliance: Ogala emphasized that the matter should be evaluated strictly based on constitutional provisions rather than speculation about the President’s family or history.
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Citizenship and Age: He affirmed that Tinubu meets the legal requirements for Nigerian citizenship and satisfies the mandatory age threshold for the presidency.
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Educational Qualifications: Highlighting that the constitution requires candidates to be educated up to at least the School Certificate level (or equivalent), Ogala argued that Tinubu’s declared Bachelor of Science degree from Chicago State University surpasses this minimum requirement.
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Legal Perspective: He likened demanding lower-level school records from someone who holds an advanced university degree to asking a Senior Advocate of Nigeria to repeatedly prove their basic legal credentials.
Dr. Adamu Mohammed Fika, an elder statesman, former Director-General, and Clerk-Designate to the National Assembly, has passed away at a hospital in Abuja. His death was announced by Mohammed Abubakar, the Special Adviser on Media to the Emir of Fika, though the cause of death was not disclosed.....KINDLY READ THE FULL STORY HERE▶
Fika held the traditional title of Zarma Kura of Fika and had a distinguished career in public service and legislative administration, which included:
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Serving as the pioneer Director-General and Clerk-Designate to the National Assembly.
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Chaired the National Assembly Service Commission to support federal legislature administration and development.
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Leading the Board of Trustees for the Council of Retired Clerks and Secretaries of the National Assembly as Chairman.
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Contributing to the National Institute for Policy and Strategic Studies located in Kuru, Plateau State.
Funeral prayers for the late statesman are scheduled for Friday, August 7, 2026, at the National Mosque in Abuja, while family, associates, and well-wishers continue to mourn his loss as a significant blow to the Fika Emirate, Yobe State, and Nigeria as a whole.
Nigerian filmmaker Dimbo Atiya has passed away, coming just a day after the death of actress Temitope Osoba.....KINDLY READ THE FULL STORY HERE▶
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Atiya reportedly passed away on Thursday morning, with Best of Nollywood Awards founder Seun Oloketuyi breaking the news on Instagram.
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Actor Mofe Duncan also paid tribute on social media, expressing devastation over the loss of one of the entertainment industry’s brilliant minds, while the cause of death remains unconfirmed.
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Concurrently, Temitope Osoba’s family issued a statement dismissing unauthorized online rumors that attributed her Tuesday evening death to cancer complications.
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Osoba had reportedly spoken with colleagues and updated her WhatsApp status with “Ogo Tuntun” (meaning “new glory”) shortly before her passing, prompting the family to reject false accounts surrounding her demise.
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