 Politics › Re: Soludo Laments South East’s Exclusion From Region’s Gas By FG by donborg(m): 8:45am On Oct 17 |
LagosOrigin:
Keep fighting Peter Obi na, are you tired, stupid governor. He is doing Peter Obi's work, as a true bonafide Igbo man. |
| Politics › Re: Obi's Visit To Koinonia: 'The Content Creator Has Found A New Customer' - Bwala by donborg(m): 11:15am On Sep 01 |
givedemwotowoto:
Obi is Tinubu’s 2027 campaign strategy On point bro. Obi Dude is Tinubu's reassurance for his reelection victory |
| Politics › Re: Petrol Price Heads To N1,500 Per Litre As Crude Prices Drop by donborg(m): 12:53am On Aug 31 |
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| Politics › Re: Tinubu Has Not Won 2027 — Unless We Decide Not To Vote by donborg(m): 6:58am On Aug 11 |
givedemwotowoto:
This is a rejoinder to the FP post Tinubu Has Already Won 2027. So Why Are We Voting? which I found quite dubious. Tinubu is the INEC chairman so no amount of votes can defeat him. If he is losing, He can always manufacture more votesbthan his opposition by extending the voting into midnight. If you want Tinubu to be removed, re-form the process and remove the manual collation of election results |
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| Family › Re: Sex Is Sweet, But Responsibility Is Sweeter -A True Story I Witnessed by donborg(m): 2:09pm On Jul 12 |
dequir:
The tax and the social security contributions the citizens of those countries, where they had such massive welfarist policies, are paying on their incomes, have you ever paid it in your life?
And you are expecting your Nigerian government to pay for the result of your country youth's sexual misadventure, without your own personal contributions (to encourage the youths to continue procreating irresponsibly). Where then do you expect your country to get the money to fund this irresponsibility? From the air?
You had better wake up from your delusion. There is no free lunch, even in London. The free lunch you are enjoying at the homeless counters have actually been paid for by their working and responsible citizens. The tax those citizens are paying we do it here via income tax, sales tax, fuel tax etc Nigeria also sell oil 1.7 million barrels of oil per day. What exactly do we not have that makes South Africa's economy to be better than ours? If you can't blame your government for you being poor to take care of your basic needs then you should behave like an orphan in real life and stop blaming your parents if they refuse to do their parental duties by training you in school and providing clothes and food. Nigerian government orphan 😹 |
| Politics › Re: "Nigeria’s Challenge Is Low Revenue, Not High Debt" - World Bank by donborg(m): 7:38pm On Jul 04 |
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| Business › Re: Why Cooking Gas Will Remain Scarce, Expensive by donborg(m): 1:46pm On Jun 09 |
Bobloco:
•As domestic demand outstrips supply
•Producers stick to export market
•Dealers give catalogue of constraints
•Outlook remains uncertain —Industry Experts
Despite holding Africa’s largest proven gas reserves and recording rising gas production, household and industrial consumers are now faced with significant shortages of Liquefied Petroleum Gas, LPG, also known as cooking gas.
The development is also putting pressures on retail prices of the product.
Financial Vanguard findings showed that some producers are focused on exporting the product rather than meeting domestic demand.
Data obtained from the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showed that 62 per cent of the total gas output in the first two months of this year was exported, leaving only 38 per cent for domestic market.
Industry analysts said the lopsided supply, which had been in place during the years most Nigerians were not using gas for cooking, can no longer continue, adding that the supply structure was now destabilising domestic market.
Rising demand overshoots domestic supply
Financial Vanguard findings showed that demand has continued to outpace supply, according to the latest industry report, titled ”Nigeria LPG Production & Supply Matrix (2023-2026)”.
According to the report, estimated national consumption of cooking gas increased by 20 per cent to 1.8 million metric tonnes in 2026 from 1.5 million metric tonnes in 2023, while estimated national supply rose to between 1.55 million metric tonnes and 1.65 million metric tonnes in 2026.
This shortage is coming against the backdrop of increased production arising from the entry of Dangote Refinery into the supply end.
The report stated further: “The Nigerian LPG market has undergone a major structural transformation between 2023 and 2026. Historically dominated by imports and Nigeria LNG Limited, the market is increasingly being supplied by domestic gas-processing plants and refineries, particularly Dangote Petroleum Refinery, inland gas processors and NNPCL-linked facilities.”
The figures indicate that demand growth is outpacing supply expansion, despite rising domestic production and increased investment by major operators.
As a result of this supply-demand gap, retail prices in many parts of the country are now between N1,700 and N2,000 per kilogramme, up by over 80 per cent from average N1,100 in the first quarter of this year.
The dealers are saying the increases would continue in the months ahead as key problems cannot be resolved in short term.
Catalogue of constraints
The report warned that “cylinder penetration remains low. Distribution infrastructure remains inadequate. Marine terminal bottlenecks persist. Trucking costs significantly affect final retail prices. Exchange-rate volatility still influences imported LPG pricing.”
Experts give further insight
Despite the efforts of domestic suppliers, a review of reports by the NUPRC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, showed that supply remains hindered by poor gas infrastructure, export priority over domestic supply, weak domestic gas pricing frameworks, insecurity and pipeline vandalism, inadequate investment, rising demand, foreign exchange volatility, limited storage capacity, regulatory inconsistencies and continued gas flaring.
An industry leader who pleaded anonymity, said: “Nigeria lacks adequate gas gathering, processing, storage and transmission infrastructure needed to move gas efficiently from production fields to consumers.
“This means that large volumes of gas produced in remote oil fields cannot be evacuated due to insufficient pipelines, processing plants and distribution networks.
“Many producers prefer exporting gas through LNG projects because export markets offer more attractive pricing and stable foreign exchange earnings than the domestic market. As a result, domestic consumers often struggle to access sufficient supply.
“Persistent crude oil theft, vandalism and insecurity in the Niger Delta continue to disrupt gas production and transportation. Attacks on pipelines and related facilities often force operators to shut down production, thereby reducing supply to domestic users.
“The gas sector requires billions of dollars in long-term investment, but uncertainty in policy implementation, regulatory bottlenecks and foreign exchange challenges have slowed capital inflows. Many critical gas projects have suffered delays or remain undeveloped.
“Domestic demand for LPG and natural gas has risen significantly due to population growth, urbanisation and government campaigns encouraging households to shift from firewood and kerosene to cleaner fuels. However, supply expansion has not kept pace with increasing demand.
“The depreciation of the naira has sharply increased the cost of imported LPG and gas-related equipment. Since Nigeria still imports a portion of its LPG requirements, exchange-rate instability directly affects pricing and availability.
“Nigeria’s LPG storage capacity remains inadequate compared to growing consumption levels. Insufficient coastal and inland storage facilities create supply disruptions whenever there are logistics delays, import challenges or production interruptions.
“Frequent policy changes, multiple regulatory agencies and implementation delays continue to create uncertainty in the sector. Operators say inconsistent fiscal terms and unclear regulatory frameworks discourage long-term planning and investment.”
He further stated that despite repeated commitments to end gas flaring, Nigeria still flares significant volumes of associated gas that could have been processed for domestic consumption.
Untold hardship for households, businesses
In their joint response, Barrister Edu Inyang, National President, Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGMA), and Bassey Essien, Executive Secretary of the association, said: “This sad situation has brought untold hardship to millions of Nigerian households, small businesses, food vendors and low-income families who rely on LPG for daily cooking and livelihood.
“It is worrisome that the current situation is eroding the substantial progress made by the government in promoting clean energy usage in the country.
“Our members across the country face challenges sourcing LPG due to persistent supply shortages, high depot prices, logistics bottlenecks and rising operational costs.
“We observe that where the product is available, it is sold at rates far beyond the reach of average Nigerians.
“The current crisis is undermining years of progress achieved through federal government policies, public-private investments and awareness campaigns aimed at deepening LPG penetration and promoting clean cooking energy as a safer alternative to kerosene, charcoal and firewood in Nigeria.
“Many families are reverting to firewood and charcoal, despite the serious implications for public health, environmental degradation and deforestation.
“If urgent and coordinated action is not taken immediately, the current crisis could worsen food inflation, trigger job losses, reduce investor confidence and undermine Nigeria’s clean energy and climate commitments.”
They also called on “the Federal Government, the Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, NNPC Ltd, domestic producers, terminal operators, international suppliers and all critical stakeholders in the LPG value chain to take urgent and coordinated steps to stabilise the market before the situation deteriorates further.”
Outlook remains uncertain
In an interview with Financial Vanguard, the National President of the Oil and Gas Service Providers Association of Nigeria, OGSPAN, Mazi Colman Obasi, said: “The outlook is not bright in the short and medium term for several reasons.
”First, the problems, especially poor infrastructure and limited investment, cannot be addressed easily. Second, they require huge capital and much longer timeframes to resolve.
“Other issues such as insecurity and pipeline vandalism, foreign exchange volatility, limited storage capacity, regulatory inconsistencies and continued gas flaring also require resilience, commitment and long-term policy consistency.”
Another industry expert warned that unless Nigeria aggressively addressed infrastructure deficits, improved domestic supply incentives and strengthened investment conditions, the country might continue to experience gas shortages, despite its enormous reserves and production potential.
He said: “The combined contribution of NLNG, Dangote, Kwale Hydrocarbon, NPDC Ologbo, Pan Ocean, Seplat, PNG Gas, Greenville and other processors has significantly boosted Nigeria’s cooking gas output.
“Nigeria now has the technical capacity to become largely self-sufficient in LPG supply, but additional gas-processing projects must be brought on stream, domestic gas infrastructure must be expanded, more storage terminals must be commissioned and the nation’s LPG adoption policies must be sustained.”
Analysts warned that unless Nigeria rapidly expanded gas-processing infrastructure, storage capacity and domestic supply incentives, the country might remain trapped in cooking gas poverty, despite its enormous gas wealth.
Data obtained from the National Bureau of Statistics indicated that the price of cooking gas rose by 335 per cent to N1,741 per kilogramme in 2026 from N400 per kilogramme in 2016, driven by limited supply and other market forces.
A breakdown showed that the price of the product increased to N500 per kilogramme in 2017 from N400 per kilogramme in 2016.
The data also showed that the price further rose to N600, N680, N800, N950, N900, N1,000, N1,450, N1,630 and N1,741 per kilogramme in 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 and 2026, respectively
https://www.vanguardngr.com/2026/06/why-cooking-gas-will-remain-scarce-expensive-2/ Muslims and stupid lies. God punish Muslims |
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| Politics › Re: Darkness Looms In Lagos, Egbin Power Station Shutdown by donborg(m): 9:38am On May 01 |
nlfpmod:
Sudden Shutdown of the Egbin Power Station
Source Ever since Dangote completed his refinery in 2023 and increased fuel prices, all our power plants have been systematically sabotaged so that nigerians will be forced to buy expensive Dangote fuel just to prevent their soup in the fridge from getting sour. Remember for every 1 naira Dangote profit from his refinery, the Nigerian government makes 52 kobo. This deliberate sabotage is exactly what happened to our refineries during the fuel subsidy era. |
| Business › Re: Yam Prices Rise In Lagos, Consumers Lament by donborg(m): 8:31pm On Apr 27 |
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| Politics › Re: Fuel Price Biting Hard But You Are Better Than Those In Kenya - Tinubu by donborg(m): 7:48am On Apr 11 |
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| Politics › Re: Easter: No Transformation Without Sacrifice, Tinubu Tells Nigerians by donborg(m): 9:09pm On Apr 04 |
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| Politics › Re: Tinubu Wants To Contest Against Himself, Buhari Made Him President – Dele Momodu by donborg(m): 8:28am On Mar 16 |
HIGHESTPOPORI:
If Buhari truly worked against Tinubu,he won't be president today,leave that propaganda talk.Buhari allowed level playing ground for everybody in Apc even though he might have a preferred candidate. You're not informed. Buhari didn't want it to look as if he anointed Tinubu, especially as the reports of bullion vans leaving Tinubu's house before the election so he used another method of rigging to help Tinubu win. Moreover Tinubu is a secret Fulani have you ever heard of Tinubu's father's name or anything about him? Forget about the appointments he gives Yorubas let's look critically at his actions in office especially as it relates to insecurity Tinubu spent 7 million dollars to defend criminal fulani herdsmen jihadists from being designated a foreign terrorist organization. He also gave Boko haram 9 million dollars, something even Buhari will not dare do. |
| Education › Re: 40% Of Lecturers Now Sleep In Their Offices Over Housing Crisis – UNILAG Don by donborg(m): 2:17pm On Mar 13 |
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| Politics › Re: Northern Governors, Traditional Rulers Hold Emergency Security Meeting In Kaduna by donborg(m): 10:26pm On Dec 01, 2025 |
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| Celebrities › Re: Daniel Regha Questions Raye’s Mercedes-benz Purchase by donborg(m): 8:50am On Oct 13, 2025 |
alphonsojidebab:
Daniel Regha Questions Raye’s Mercedes-Benz Purchase: “From NYSC Allowance or Where?”
https://eyesoflagos.com/daniel-regha-questions-raye-mercedes-benz-purchase/ She is enjoying because she is critical of the government and is not afraid to speak her mind. Daniel regha was aware of the fact the NYSC members were being paid peanuts but did nothing so it can only be jealousy. Next time leave your low self esteem and use your fame to advance the cause of Common nigerians maybe politicians will try to buy you off like they did to Raye. |
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| Politics › Re: OBJ Warns Nigeria’s Population Explosion Could Make 'boko Haram A Child’s Play by donborg(m): 1:11pm On Oct 02, 2025 |
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| Crime › Re: Nigerian Army Captures Notorious ESN/IPOB Commander, Gentle De Yahoo by donborg(m): 6:11pm On Sep 16, 2025 |
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| Travel › Re: NCAA To Name & Shame Airlines For Flight Cancellations And Delays by donborg(m): 10:06pm On Sep 08, 2025 |
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| Family › Re: Sex Is Sweet, But Responsibility Is Sweeter -A True Story I Witnessed by donborg(m): 4:16am On Sep 07, 2025 |
Fiscus105:
Abi, we should be eulogies Young man without penny, but procreating even more than billionaire.
Is relationship that would come before money or vice versa? Eulogies is not needed here because just like eating food, people will always have sex and unwanted pregnancy will always occur. It is something that is unpreventable and unplanned no matter how you try. That's why governments abroad take charge of all those things. They take care of the mother. Pay her hospital bills. Pay her a monthly salary until the baby is 18 yrs. You're just living in an abnormal country of baboons that's why you're ignorantly blaming the young man alone |
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