By Favour Ifeoluwa & Akinola Ajibade The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain. He spoke during the maiden edition of Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
By Akinola Ajibade
Nigerians are in for hard times, as the price of cooking gas, also known as Liquefied Petroleum Gas (LPG) increased greatly across the country.
The price of LPG has in the last one year being on the upward trend, a development, which has forced household and industrial users of gas to ration the product, while others resort to alternative and primitive means of cooking such as firewood and sawdust.
The News Mirror findings show that Russian- Ukrainian war has caused a lot of disruption to the supply chain of the product.
The Nigeria LNG which has been very active in the production and supply of the commodity cannot produce all that is needed domestically.
The larger chunk of the LPG needed in the country is imported and because of this, it has fallen victim to this war which nobody can predict when it is going to end.
Another thing that is responsible for the increase in the price of the product is the issue of foreign exchange. The Naira has been highly devalued. This has therefore affected the local price.
In the retail market 12.5 Kg cylinder ranges between to N11,000 and 12,000 depending on where it is purchased. This is against N9,000 plus, which the product was sold for in April/ May, this year.
Investigations reveal that major importers of the commodity in the country battling to get foreign exchange to purchase the product.
In many parts of Lagos, the price of 12.5kg is N11,000. While in Ibadan, a 6kg cylinder has hit N4000. This was sold at about N 1,500 and N2000 before.
In Awkunanaw area of Enugu state and others, several retail outlets sell a kilogram of gas between N780 and N800 as against the former price of N720 and N750, investigations have shown.
However, a mini gas depot in the same area sells the product at a reduced price of N725 per kilo; two kilograms go for N1500; while a 2.5kg goes for N1900 and three kilograms for N2,250.
On why the change in the price of the product, an official of a depot who spoke on the condition of anonymity said that the price of gas was not stable.
“This price schedule can change any time. You may come here tomorrow and discover that the price has gone up or come down; it all depends on the suppliers, “the official said.
Another gas depot in the Top Land area, Solution Gas Depot sells three kilograms of gas at N2,600 while five kilograms goes for N3, 600.
Reports show that NAN also visited another retail outlet on Edinburgh Road in the heart of Enugu metropolis where a kilogram of gas goes for N850.
Another retail outlet at Obiagu also sells a kilo of gas at N850.
The seller, Ugochukwu Nweze explained that the price was not constant as it could change anytime.
“Even today, this price can change again it depends on where you buy your product.
“If you buy from a depot that is far from your shop, you have to add transportation and every other cost, probably that is the reason for different prices,” he said.
Elsewhere across the country, the prices of different kilogram bottles have risen astronomically.
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