Nigerian farms are significantly affected by fluctuations in business energy supplier prices, particularly because agriculture in Nigeria relies heavily on various forms of energy for irrigation, machinery operation, and processing. Diesel-powered generators are commonly used to power farm equipment and irrigation systems due to the unreliable electricity supply in many rural areas.

As such, when the prices of diesel or petrol increase, the operational costs for running machinery, such as tractors, harvesters, and processing equipment, also rise. This can lead to higher production costs for farmers, affecting profitability and potentially leading to increased prices for consumers. Additionally, the cost of transporting agricultural products from farms to markets is directly impacted by fuel prices, further influencing the overall cost structure of farming operations.

The biggest problem with welding is also a growing one - the price of gas.

The price of gas significantly impacts a welding business due to the reliance on gas-fueled equipment and the energy-intensive nature of welding processes. Many welding operations require gases such as acetylene, propane, or natural gas for fueling welding torches, along with electricity for arc welding, which may be generated using gas-powered plants.

When gas prices rise, the cost of operating gas-fueled welding equipment and the overhead for powering facilities increase, leading to higher operational costs. Additionally, transportation costs for delivering welding supplies and services to customers also go up with higher fuel prices. Consequently, a welding business faces increased expenses, which can compress profit margins or lead to higher prices for customers, affecting competitiveness and demand for services. This direct relationship underscores how fluctuations in gas prices can have a substantial effect on the operational and financial health of a welding business.

Business gas suppliers are pushing up the costs of welding.

Food production prices can be affected by external influences such as gas prices of which the government has limited control.

Many agricultural processes require the use of machinery that runs on fuel, and the production of fertilizers and pesticides is energy-intensive, often linked to business gas prices. Therefore, when gas prices rise, the cost of these inputs can increase, leading to higher production costs for farmers. These increased costs are then reflected in the prices of agricultural commodities, which further contributes to the rise in food prices. This interconnectedness between energy and agricultural sectors illustrates why gas prices and food prices are often correlated, impacting the overall cost of living.

I've been closely following the discussion on telecom development in Nigeria, and it's truly exciting to see the strides being made in this space. The expansion of telecom infrastructure is not just about improved connectivity; it's a gateway to numerous opportunities for local businesses, education, and even healthcare through digital platforms.

One point that resonates with me, particularly in the context of Nigeria's telecom growth, is the broader implication of internet penetration on a global scale. As we celebrate the advancements within Nigeria, it's also insightful to consider how we fit into the global landscape of internet access and digital inclusion.

Recently, I came across an article that offers a comprehensive look into global internet penetration, including statistics and insights that could be quite enlightening for us here. While the focus is global, the information provides a backdrop against which we can benchmark Nigeria's progress and understand our position in the worldwide effort to bridge the digital divide.

This article Global Internet Penetration - Insights for Businesses highlights the critical role of internet access in empowering businesses, especially in regions that are on the cusp of digital breakthroughs. For Nigeria, this means a lot. As our telecom sector grows, the potential for businesses to leverage this connectivity for expansion, reaching new markets, and improving services is immense.

It also sheds light on the importance of not just the availability but the quality of internet service. This is particularly relevant for us as we discuss telecom development in Nigeria. As we aim for wider coverage, keeping an eye on service quality will be crucial for ensuring that the benefits of telecom expansion are fully realized.

There is a very good, and not scary reason why Iran is seeking to build nuclear power plants and it has little to do with geopolitics.

Although Iran hasn't committed to any targets on a transition to net zero it now has over 1 G Watt of renewable energy capacity from wind and solar farms.

Nuclear power plants provide a stable, continuous electricity supply, essential for integrating intermittent renewables like solar and wind into a country's energy mix. By offering a reliable base load, nuclear energy helps mitigate the variability of renewables, reducing the reliance on polluting fossil fuels and enabling a smoother transition to a sustainable energy infrastructure. This synergy between nuclear and renewable sources is key to achieving a cleaner, more resilient power system.

So aside from the geopolitical implications, the proposed nuclear power plants will work to reduce domestic and business electricity prices across the Iranian economy.