Nigeria’s govt says the nation’s oil Reserve can still last for the next 59 years while the gas can serve for 85 years. The Nigerian Upream Petroleum Regulatory Commission (NUPRC) confirmed this in its latest update estimated the nation’s 2P Crude Oil and Condensate reserves at 37.01 Billion Barrels as at January 2026, reports Daily [&he...
•Gas explosion A 40-year-old woman named Rafiat Sheriff and her seven-year-old daughter, Asisat Sheriff, were killed in a gas explosion at their home on Church Street, along Èbúté Road, in the Ibafo area of Ogun State. It was learnt that the incident, which occurred at about 8:30 pm on Saturday, left two other persons with […]
Some gas dealers and FCT residents have decried the surge in the price of Liquefied Petroleum Gas (LPG), known as cooking gas, calling on the federal government to wade into the issue. The dealers and residents yesterday in Abuja expressed dissatisfaction over the constant rise in the price of the product and its attendant effects, […]
•Gas flaring A school was forced to go on recess while the environment has been adversely affected by a gas flaring operation conducted by Shell, an international oil company, in the heart of a community in Bayelsa State. Residents of Gbarantoru Community, in Ekpetiama Kingdom of Yenagoa LGA, Bayelsa State, have expressed shock over the [&hell...
The National Bureau of Statistics (NBS) has reported that the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased by 3.55 percent on a month-on-month basis to N5,139.25 in January 2024 from N4,962.87 recorded in December 2023. The NBS report said that on a year-on-year basis, the price increased...
•Gas cylinders The federal government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due...
•Cooking gas cylinders A newly released report by the Nigerian Bureau of Statistics (NBS) has said the price of the Liquefied Petroleum Gas (LPG) otherwise known as cooking gas increased by 12 per cent from N4,589 in one year. The report titled ‘Liquefied Petroleum Gas (Cooking Gas) Price Watch (January 2024)’, said while the price […]...
•A queue at a gas refilling station in Abuja Nigerians in some parts of the country have resorted to using charcoal as the cost of Liquefied Petroleum Gas, otherwise known as cooking gas, has continued to skyrocket. This is just as the cost of charcoal has also risen owing to high demand, with some people […]
Tragedy struck midnight into this morning as a gas explosion caused a fire outbreak in residential makeshift structures covering over two acres of land at Star Road, by Horizon Heights, Ikate-Elegushi, Lekki area of Lagos State. The incident, which was attributed to negligence on the part of the occupants, destroyed properties worth millions o...
An unidentified person was burnt to death, and three others are currently in hospital, following gas explosion, involving three vehicles with Liquified Petroleum Gas, LPG, at GM Julee gas station, Anibaba in Iba New Site, by Iyana School-Isashi Road, Iba, Lagos. The incident, it was gathered, happened about 10pm Tuesday night. It was gathered ...
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