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Business › Nigeria’s Cooking Gas Crisis: Stakeholders Clash Over Price Controls And Supply by cypher65(op): 3:51pm On Jun 23
A severe spike in the cost of cooking gas has triggered a major policy debate in Nigeria, putting government plans directly against harsh economic realities. After years of public campaigns urging citizens to switch from firewood and kerosene to cleaner energy, millions of households and small businesses now find themselves financially squeezed by the very fuel they were told to adopt.
Between January and May of 2026, cooking gas prices skyrocketed from around 1,000 naira per kilogram to unprecedented highs. This surge has hit families and local businesses hard, forcing food vendors to shrink portions or hike prices just to survive. The crisis has rewritten daily life at home, with families cutting long-cooking staples like beans entirely from their menus or abandoning hot meals to save fuel.
In response to the outcry, the government recently ordered regulatory bodies to ramp up monitoring and track down anyone hoarding supplies or manipulating the market. Officials blamed multiple issues for the price hike, including terminal congestion in Lagos, multiple taxation, and reduced supply volumes from major producers like Nigeria LNG and the Dangote Refinery. The Ministry of Petroleum Resources announced a joint task force to track distribution and apply strict sanctions, promising that these measures would bring prices down.
However, financial experts are deeply skeptical that price policing will work. Arise Business Analyst Chika Mbonu pointed out that price controls rarely succeed in a free market, arguing that the enforcement strategy will only create another layer of income for regulators without fixing the root issue. Mbonu compared Nigeria—one of Africa's top gas producers—to a hungry poultry farmer who sells all his eggs abroad for higher foreign currency, leaving his own family to buy expensive, imported eggs.
Because a massive portion of the domestic gas market is still tied to imports, pricing is heavily impacted by volatile foreign exchange rates and global tensions. Analysts maintain that real relief requires structural changes rather than market raids. They argue the government needs to intentionally retain a higher percentage of locally processed gas for the domestic market, expand local storage facilities, and fast-track approvals for new domestic processing plants to boost supply. Until supply catches up with demand, millions of Nigerians are left waiting to see if official promises will actually lower prices at the market.
Watch full conversation on Arise News
https://shrinkme.click/bNc7b1zF
Politics › Peter Obi Demands President Tinubu Resignation, It Has Been Dismissed by cypher65(op): 10:44am On Jun 23
Nigeria’s political landscape has been thrown into a sharp debate following a bold declaration by the opposition leader and Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi. Drawing a direct parallel to the sudden political developments in the United Kingdom, Obi has formally called on President Bola Ahmed Tinubu to step down from office, citing a failure to address the country’s worsening socio-economic and security crises.
The demand has ignited a fierce war of words between the opposition and the presidency, while prompting political analysts to scrutinize Nigeria's deeply entrenched culture of leadership accountability.
The Spark: An Analogy Across the Atlantic
Obi’s call for action was directly inspired by the sudden resignation of British Prime Minister Keir Starmer, who stepped down following mounting public frustration over economic stagnation and unmet campaign pledges.
Taking to social media and public airwaves, Obi argued that true democratic leadership requires absolute accountability to the electorate. He stated that because the Tinubu administration has failed to meet the baseline expectations of Nigerians amidst unprecedented inflation, severe cost-of-living hardships, and recurring security breaches the president should honorably follow the British example and vacate the office.
To reinforce his point, Obi reminded the public of political history, noting that prior to the 2015 elections, members of the current ruling All Progressives Congress (APC) had similarly and aggressively demanded the resignation of then-President Goodluck Jonathan over security lapses like the Chibok kidnappings. Obi’s core argument rests on a simple premise: a government that cannot guarantee the economic well-being and physical safety of its citizens loses its moral mandate to govern
The Presidency Fires Back
The State House was quick to dismiss Obi’s demands, with presidential spokesperson Bayo Onanuga labeling the call "childish, puerile, and undemocratic."
The presidency argued that Nigeria operates under a presidential system with a constitutionally mandated, fixed four-year term, asserting that President Tinubu was legally elected and remains fully committed to executing his economic reforms. They maintained that comparing a parliamentary system like the UK's to Nigeria’s presidential structure is a superficial political distraction.
The Constitutional and Analytical Divide
The public back-and-forth has triggered extensive analysis from political commentators, notably on platforms like *Arise News*, where the viability of Obi’s demands was heavily cross-examined:
The Defense of Obi’s Logic: Supporters and progressive analysts argue that Obi’s message strikes at the heart of Nigeria's leadership flaws. They point out that despite the presidency’s claims of an unalterable "fixed term," Section 143 of the Nigerian Constitution explicitly outlines provisions for early exits, including voluntary resignation and impeachment. Commentators noted that the ruling party is quick to use big grammar like "puerile" to deflect from harsh realities, despite having used the exact same resignation rhetoric when they were in the opposition.
[b]The Skeptical Realism:[/b]Conversely, some veteran political analysts have labeled Obi's maneuver as clever populism. They argue that Obi knows a voluntary resignation is practically impossible under Nigeria’s current political culture. In Nigeria, the presidency is often treated with monarchical reverence where deep ethnic ties, religious allegiances, and political sycophancy create a "sit-tight" mentality. Critics from this school of thought suggest that even if the roles were reversed, the immense resources and power attached to the Nigerian office mean no local politician including Obi himself would willingly step down over low popularity polls. Looking Ahead to 2027 by shifting the national conversation toward accountability and international democratic standards, Peter Obi has successfully put the ruling administration on the defensive. While President Tinubu is certain to ignore the call to step down, Obi’s tactical maneuver serves as an early opening salvo for the road to the 2027 general elections. It leaves the Nigerian public with a lingering, fundamental question: Should African leaders be held to the same standards of immediate accountability as their Western counterparts, or is Nigeria’s political culture simply too rigid to change?
Get the full video on YouTube about the debate
https://exe.io/Uc9Es

Jobs/Vacancies › Account Creation by cypher65(op): 11:26am On Feb 19, 2024
I need numbers with sms for account creation 100 naira per number I pay you and you send me the sms code you receive
Please it's nothing illegal I just need to create account on payed app and it need phone number verification
Jokes Etc › Account Creation by cypher65(op): 11:05am On Feb 19, 2024
I need numbers with sms for account creation 100 naira per number I pay you and you send me the sms code you receive
Please it's nothing illegal I just need to create account on payed app and it need phone number verification

Jobs/Vacancies › Earn Money Clicking People's Website Link by cypher65(op): 9:36am On Nov 15, 2021
There is a site that you can earn from my just clicking people's link, it is real and reviewed as legit by trust pilot.
If you want the link you can comment below this post
https://exe.io/oxfQGpox
Education › How To Check Waec Result Today by cypher65(op): 9:26am On Nov 15, 2021
Do you want to know how to check your jamb result use this link below to know
https://exe.io/oxfQGpox
Gaming › Ps3 Slim Needed by cypher65(op): 9:45am On Oct 09, 2020
who has ps3 slim for sale
Gaming › Re: How Much Is Ps3 by cypher65(op): 9:41am On Oct 09, 2020
Greatzeus:
There are 3 different types,Fat,Slim and Super slim. So there prices varies.
slim
Gaming › How Much Is Ps3 by cypher65(op): 9:07am On Oct 09, 2020
I want to know how much play station 3 is sold. How much is it sold in normal shops not jumia or konga
Family › Any Opera News Writer(read This) by cypher65(op): 11:29pm On Oct 08, 2020
As you creators know now opera news has really fallen.
That is why am writing this article, to let you that I am creating a group for all opera news creators that i can find, so if you are an interested, drop your tenz or leave a comment.
I am also aiming for the new opera news creators who do not know a thing about opera.
TV/Movies › Money Heist Vs Prison Break by cypher65(op): 11:43pm On Oct 07, 2020
If you watched prison break, would you compare it to money heist
Jokes Etc › Re: I Need 50 Persons To Signup To This Paying Website by cypher65(op): 11:37pm On Oct 07, 2020
like seriously
Jokes Etc › I Need 50 Persons To Signup To This Paying Website by cypher65(op): 11:18pm On Oct 07, 2020
So this is a project am doing at the moment. And I am trying to know if it is really paying, I have a blog and viewers have asked me to give a review about the site, so I need referrals Asap. I just need 50 people to at least signup and that is all. And if your interested just leave a comment.
Thanks.

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