Connect with us

News

FG bans cooking gas export to crash price

Published

on

FG bans cooking gas export to crash price

The Federal Government has banned the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically to warrant a crash in price.

It stated on Thursday that LPG producers in Nigeria and key stakeholders in the industry had been told to stop exporting the commodity out of Nigeria, following the recent jump in the cost of cooking gas.

Findings showed that the cost of refilling a 12.5kg cylinder of cooking gas in Abuja, Lagos, Kano and some other states had climbed to about N18,000. It was specifically N17,500 in Abuja on Thursday, a product that sold for less than N9,000 in November last year.

Read Also: Economic Hardship: Lagos Slashes Public Transportation By 25%

LPG dealers under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers had predicted mid-last year that a 12.5kg cylinder would cost N18,000 going by the incessant hikes in its cost.

To tackle this, the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, constituted a committee in November 2023, headed by the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed.

But up till today (Thursday), the cost of the commodity has maintained a northward movement, as many LPG users are gradually shifting to the use of charcoal.

But while speaking on the sidelines of the internal stakeholders’ workshop in Abuja on Thursday, Ekpo stated that the Federal Government had asked LPG producers to stop exporting the commodity.

He named some international oil companies including Mobil, Shell, and Chevron as producers, stressing that the government was interfacing with them to crash cooking gas prices.

FG bans cooking gas export to crash price

Continue Reading
1 Comment

1 Comment

  1. Pingback: Nasarawa police arrest 10 suspected internet fraudsters

Leave a Reply

Your email address will not be published. Required fields are marked *

News

China accuses Biden of tariffs hike on electric cars

Published

on

China accuses Biden of tariffs hike on electric cars

China accuses Biden of tariffs hike on electric cars

China has accused U.S. President Joe Biden of slapping new tariffs on Beijing as part of his re-election campaign and threatened retaliation.

“The U.S. should immediately correct its wrong practices and cancel the additional tariffs imposed on China,’’ a statement from the Beijing Ministry of Commerce said.

China would “take resolute measures to defend its own rights and interests after the U.S. decided to take this step due to domestic political considerations.’’

The U.S. is increasing tariffs on electric cars from China from 25 per cent to 100 per cent as part of a crackdown on Chinese imports, with solar cells, semiconductors.

Harbour cranes and certain medical products were also affected.

The official Chinese state news agency Xinhua added.

“The newly announced tariff increase is mainly a symbolic gesture by which the Biden administration is trying to play tough with China amid the increasingly fierce election campaign for the presidential candidacy.’’

The current tariffs, which were first introduced by former U.S. president and current Biden challenger Donald Trump in 2018 and have now been increased by the Biden administration.

The Biden administration already effectively kept Chinese vehicles out of the U.S. car market.

The Chinese state broadcaster CCTV spoke of an abuse of trade protectionist measured by the U.S. which would seriously hinder the modernisation of the U.S. car industry.

Negative effects are also to be expected for consumers, CCTV said, adding that the moves would also undermine global efforts to combat climate change.

The U.S. presidential election is coming up in November.

China accuses Biden of tariffs hike on electric cars

Continue Reading

News

Man strapped with explosive found in a Nigerian Bank in Plateau

Published

on

Man strapped with explosive found in a Nigerian Bank in Plateau

Man strapped with explosive found in a Nigerian Bank in Plateau

By: Zagazola Makama 

A middle aged  man is reportedly found in a Nigerian Bank in Dadin Kowa town in Jos South in Plateau state with belts packed with what appeared to be a Person Borne Improvised Explosive Device(SPBIED).

It was gathered that he was apprehended  on May 13, 2024, when the suspect was found with an apparent bomb strapped to his body to detonate at the Bank. 

Intelligence sources told Zagazola Makama, a Counter Insurgency Expert and Security Analyst in the Lake Chad region that the vigilante Security at the bank prevented the  attack after they spotted the suspects. 

They immediately apprehended him before he could achieve his aim. The suspect was later surrounded by an angry mob who demanded that he should be killed immediately. 

It is, however, not clear if the suspect is linked with the Islamic State of the West African Province or Boko Haram. He was taken to the Police station where he was undergoing investigation.

Man strapped with explosive found in a Nigerian Bank in Plateau

Continue Reading

News

Islamic Cleric Adamu Calls for Ban of GMOs in Nigeria

Published

on

Islamic Cleric Adamu Calls for Ban of GMOs in Nigeria

Islamic Cleric Adamu Calls for Ban of GMOs in Nigeria

In recent times, the debate surrounding genetically modified organisms (GMOs) has sparked controversy and ethical concerns worldwide. Sheikh Kabiru Adamu, a prominent figure from the al-Hikma Islamic Foundation for Justice, has taken a firm stance against GMOs, calling for their prohibition in Nigeria. Citing religious beliefs and ethical considerations, Sheikh Adamu asserts that GMOs go against the teachings of Islam and the will of Allah.

Quoting from the Quran to support his position, Sheikh Adamu emphasized the importance of preserving nature and adhering to the natural order ordained by Allah. In Surah Ar-Rum, verse 30:41, the Quran states, “Corruption has appeared throughout the land and sea by [reason of] what the hands of people have earned so He may let them taste part of [the consequence of] what they have done that perhaps they will return [to righteousness].” Sheikh Adamu interprets this verse as a warning against tampering with the natural world, as GMOs are seen as a form of corruption that disrupts the balance of nature.

Furthermore, Sheikh Adamu labels GMOs as “Haram” in Islam, meaning forbidden or unlawful. Quoting from Surah Al-Ma’idah, verse 5:90, which states, “O you who have believed, indeed, intoxicants, gambling, [sacrificing on] stone alters [to other than Allah], and divining arrows are but defilement from the work of Satan, so avoid it that you may be successful.” He draws parallels between the prohibition of intoxicants and GMOs, suggesting that both are deemed impure and contrary to the teachings of Islam.

Sheikh Adamu goes on to criticize agencies that advocate for the use of GMOs, accusing them of serving the interests of malevolent forces. Drawing on Quranic teachings regarding the influence of evil, he references Surah Al-Baqarah, verse 2:268: “The devil promises you poverty and orders you to immorality, while Allah promises you forgiveness from Him and bounty. And Allah is all-Encompassing and Knowing.” Sheikh Adamu suggests that the promotion of GMOs by certain entities is a manifestation of the devil’s deception, aimed at harming Muslim communities and undermining their well-being.

Moreover, Sheikh Adamu raised concerns about the alleged intentions behind the development of GMOs, asserting that they are designed to diminish Muslim populations, particularly in the Northern regions of Nigeria. Quoting from Surah Al-Anfal, verse 8:30, “And [remember, O Muhammad], when those who disbelieved plotted against you to restrain you or kill you or evict you [from Makkah]. But they plan, and Allah plans. And Allah is the best of planners.” He warns against the hidden agenda of those promoting GMOs, suggesting that their ultimate goal is to weaken Muslim communities and disrupt the natural order established by Allah.

Sheikh Kabiru Adamu’s call for a ban on GMOs in Nigeria reflects a deeply rooted concern for the ethical implications of tampering with nature and the potential harm posed to Muslim communities. By invoking Quranic verses and teachings, he highlighted the importance of upholding Islamic values and principles in the face of technological advancements that may conflict with religious beliefs.

Islamic Cleric Adamu Calls for Ban of GMOs in Nigeria

Continue Reading
Advertisement

Trending

Verified by MonsterInsights