NEWS
FG Halts Cooking Gas Exports To Curb Rising Prices
The Federal Government has announced a halt on the export of domestically produced Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to address rising costs and prioritize local supply.
This measure, which will take effect on November 1, 2024, is part of a broader initiative to ease the burden of escalating gas prices on Nigerians.
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The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the announcement during a press briefing on Tuesday, following a high-level meeting with key industry stakeholders in Abuja.
The minister highlighted that the government is committed to ensuring that the nation’s natural resources primarily serve the needs of its people.
“With effect from November 1, 2024, NNPCL and LPG producers are to stop exporting LPG produced in the country or import equivalent volumes of LPG exported at cost-reflective prices,” Ekpo stated, referencing the Nigerian National Petroleum Company Limited (NNPCL) and other local producers.
The government’s decision follows growing concerns about the rising cost of LPG in Nigeria, which has placed significant strain on households and businesses.
The Minister’s spokesperson, Louis Ibah, also emphasized that the decision aims to protect Nigerians from paying disproportionately high prices for cooking gas, despite the country’s status as a gas producer.
To further address price stability, Ekpo directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to collaborate with stakeholders to create a new pricing framework.
This framework will be established within 90 days and will base domestic LPG prices on in-country production costs rather than external markets, such as those in the Americas and Asia.
“The current practice of indexing prices against external markets is unsustainable, especially given that Nigerians are paying higher prices for a resource the country is naturally endowed with,” the Minister noted.
This policy shift is expected to help stabilize local gas prices and ensure that Nigerian households have access to affordable cooking gas, a vital commodity.
NEWS
Ex-UN Envoy Warns Of New Cold War Threatening Africa’s Unity
Renowned diplomat and former United Nations Under-Secretary-General, Ibrahim Gambari, has raised alarms over the looming threat of a new Cold War that could fracture Africa along geopolitical lines.
Speaking at the Realnews Magazine Annual Lecture in Lagos, Gambari urged African leaders to urgently reposition the continent amidst intensifying global power struggles.
The lecture, themed “Africa in World Shifting Geopolitics: Matters Arising on Demography, Technology, Artificial Intelligence, Natural Resources,” explored Africa’s strategic role in a rapidly evolving international system.
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Gambari cautioned that without proactive measures, Africa risks being sidelined or exploited in the unfolding global order.
Africa: Battleground in a New Power Struggle
Describing the increasing militarisation by major global powers, Gambari painted a picture of fierce competition for control over Africa’s resources and strategic locations.
He noted that the proliferation of foreign military bases across the continent is evidence of this struggle.
“A relentless militarisation is taking place across the world—from the Atlantic to the Pacific, the Arctic to the Antarctic,” Gambari said. “Rich in natural resources and strategically located, Africa has become a key battleground in this global power struggle.”
He cited Djibouti as a stark example of Africa’s strategic importance.
The country, located near the Red Sea, hosts both the United States’ only permanent base on the continent, Camp Lemonnier, and China’s first overseas military installation.
Gambari warned that the presence of such bases represents more than security interests, suggesting echoes of colonial ambitions aimed at controlling Africa’s wealth and arable land.
“The seaboard of Africa is already dotted with military bases operated by various powers,” Gambari observed. “The continent is once again at the center of a scramble as the new Cold War intensifies.”
The Return of Zero-Sum Geopolitics
Gambari also highlighted the resurgence of zero-sum geopolitics, where nations compete for influence at the expense of others.
He noted that China and Russia are emerging as dominant players in Africa, with China leveraging infrastructure projects and debt relief, while Russia offers weapons and military support.
“These actions signal a destabilising competition for influence,” Gambari said, adding that traditional powers like France, Germany, India, and the UK are also expanding their presence on the continent.
“The age of zero-sum geopolitics is back, with all its destabilising consequences for African countries,” he said.
Unlocking Africa’s Potential Amid Challenges
Despite the geopolitical rivalry, Gambari emphasized that Africa’s youthful and growing population provides a significant opportunity for the continent to assert its influence globally.
He urged African leaders to invest in education, innovation, and youth-driven initiatives to harness this demographic dividend.
“With well over a billion people and an overwhelmingly youthful population, the African continent is destined for a significant role in the demographics of the world,” Gambari said.
“But we must build national and regional strategies to leverage the energy, innovative acumen, and futuristic vision of our young people.”
Gambari warned that without these strategies, Africa’s demographic advantage could remain underutilised.
He also called for the continent to be proactive in shaping the rules of the emerging global order, rather than being passive participants.
“We cannot afford to sit on the sidelines while the rules of a new world order are being written,” Gambari said.
“We must insist on being joint rule-makers, ensuring the new global order reflects our values and aspirations for a fairer, more inclusive, and equitable world.”
A Call to Action
Gambari concluded with a rallying cry for African leaders to harness the continent’s abundant resources and human capital.
He said Africa must use its demographic and strategic advantages to achieve the structural transformation that has long eluded it.
He said, “We must be ready to harness our abundant human and natural resources to leapfrog our development. Although the outcomes of ongoing geopolitical shifts are uncertain, they need not come at the expense of our people and our continent.”
Gambari stressed the need for bold leadership, warning that Africa cannot afford complacency. “Our youth bulge must become an advantage that places us at the forefront of the digital economy and its innovations,” he said.
NEWS
Relatives Of Renowned Journalist Abducted In Kogi, N50m Ransom Demanded
Three relatives of Malam Ahmed Ajobe, a former Editor of Daily Trust, were abducted by gunmen on Thursday evening along the Ankpa-Adoka-Makurdi road in Kogi State.
The victims, identified as a male and two females, include Ajobe’s immediate younger sister, Halimtu-Sadiya Tahir.
The family members were returning from a market in Awo, Ankpa Local Government Area, where they had gone to purchase items for the seventh-day prayers of Ajobe’s late mother, Malama Aishetu Tahir.
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The matriarch passed away on Sunday after a protracted illness.
The abduction occurred around 3 p.m. on the deplorable Ankpa-Adoka-Makurdi road, a known hotspot for criminal activities.
According to a family source, the kidnappers contacted the family on Friday and demanded a ransom of N50 million for the release of the victims.
A close family friend, who spoke on the condition of anonymity, said: “Yes, three of Ajobe’s family members were kidnapped at gunpoint at about 3 p.m. on Thursday.
The kidnappers reached out on Friday afternoon demanding for N50 million as ransom.
However, I can’t confirm what the family is offering in the negotiations because I had to leave the community for an emergency in Lokoja. What I can say is that no amount has been paid yet, and the victims are still in captivity.”
The Kogi State Police Command has confirmed the incident and assured the public that efforts are underway to rescue the victims.
The Police Public Relations Officer (PPRO), William Aya, disclosed that the Divisional Police Officer (DPO) in charge of the area has deployed officers to track the assailants.
“The Commissioner of Police, Bethrand Onuoha, has ordered the drafting of a tactical team to reinforce the local police. We are doing everything possible to ensure the safe release of the victims and to bring the perpetrators to justice,” Aya said.
The Ankpa-Adoka-Makurdi road has long been a source of concern for residents, who have repeatedly called for improved security and road infrastructure.
Negotiations between the family and the kidnappers are ongoing, but as of press time, the victims remain in captivity.
NEWS
I Previously Called For Simon Ekpa To Be Shot – APC Chieftain
A prominent member of the All Progressives Congress (APC), Jesutega Onokpasa, has expressed strong support for the recent arrest of Simon Ekpa, the self-styled Prime Minister of the Biafran Republic Government in Exile.
Speaking during an interview on Arise Television on Friday, Onokpasa, a lawyer, described Ekpa as a dangerous figure whose actions warranted severe measures, including his elimination.
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Simon Ekpa was apprehended in Finland earlier this week by the country’s Central Criminal Police alongside three other individuals.
The arrests were part of an investigation into suspected terrorist activities.
Finnish authorities confirmed the development in a statement, noting that Ekpa and others were being questioned for their alleged roles in terrorism-related crimes.
Onokpasa, who has been a vocal critic of the separatist leader, revealed that he had previously called for Ekpa to be neutralized due to his alleged involvement in violent activities in Nigeria’s Southeast.
“The case of Simon Ekpa—his arrest is long overdue,” Onokpasa said during the interview. “In fact, I had actually encouraged that he should be shot because he was killing his fellow Igbos. If the person is an enemy combatant, he is liable to be shot. I know the law. This is just intelligence stuff.”
The APC chieftain also described Ekpa as “a crazy, poorly educated fellow,” adding that his actions have led to significant bloodshed among Igbos in the region.
Onokpasa emphasized his unwavering support for Ekpa’s arrest, which he believes is a necessary step in addressing the violence linked to separatist agitation. “In that case, I am in full support of his arrest,” he added.
Ekpa has been a polarizing figure, often accused of fueling unrest in Nigeria’s Southeast through his advocacy for Biafran independence.
His arrest is being hailed by some as a crucial step toward restoring peace in the region.