Tag: 1

  • Price of cooking gas increases to ₦1,500 per kg

    Price of cooking gas increases to ₦1,500 per kg

    As Nigerians struggle with soaring petrol prices, the cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has also increased, reaching ₦1,500 per kilogram.

    The Managing Director/Chief Executive Officer of NIPCO Plc, Suresh Kumar, has expressed optimism that the commencement of operations at the Dangote refinery and other domestic refineries will help reduce the price of cooking gas.

    Kumar also raised concerns about the country’s dependency on foreign supply, after disclosing that over 60 per cent of the cooking gas consumed in Nigeria is imported.

    Checks at the current market, confirm that cooking gas prices have hit ₦1,500/kg, significantly impacting consumers who rely on LPG for their daily cooking needs.

    In Abuja, the average price for refilling a 12.5kg cylinder increased by 41.6 per cent to ₦17,000, with reports showing that the same cylinder sold for ₦12,000 just three months ago in July and ₦11,735 in January 2024.

    The recent price hikes reflect a troubling trend in the market, suggesting that consumers are facing increasing financial pressure.

    A recent survey conducted by Punch showed that the price of a kilogram of cooking gas in the Lokogoma area of Abuja has surged to ₦1,400, while in the Kubwa area, the price ranged between ₦16,200 and ₦16,500.

    In contrast, some outskirts of Abuja, including Bwari, Kurudu, and Jikwoyi, still see the product sold for around ₦1,300, showcasing price discrepancies depending on location.

    Despite the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, previously promising to address the rising costs of cooking gas, the latest market survey indicates that prices have not only remained high but have escalated even further.

    Ekpo had noted his intention to collaborate with regulators and gas producers to find effective solutions for reducing costs, but the continued increase raises questions about the efficacy of these efforts.

  • Again, Naira appreciates, now trades at 1,275/$ at parallel market

    Again, Naira appreciates, now trades at 1,275/$ at parallel market

    After few days of the naira relapsing, the currency has again strengthened against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend.

    The new improvement rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of trading activity last week Friday.

    This came as the Senate through its Committee on Finance called for concerted efforts by all relevant stakeholders to rescue and sustain its stability.

    Recall that the senate said there was an urgent need for concerted efforts to tackle the instability and continuous depreciation of the Naira.

    Currency traders have blamed trading uncertainty of the market as reason for the fluctuations in the exchange rate.

    They added that the government must either  choose to increase the currency value or devalue for market stability.

    The fluctuating nature of the naira has caused the prices of goods and services to continue to rise.

  • BBNaija All Stars: ‘You’ve slept with over 1,000 men’ – Ilebaye hits back at Tolanibaj

    BBNaija All Stars: ‘You’ve slept with over 1,000 men’ – Ilebaye hits back at Tolanibaj

    BBNaija All Stars youngest housemate, Ilebaye has hit back at Tolanibaj, saying that she can name thousands of men who have slept with her  Tolanib

    Earlier in the house  Tolanibaj chased Ilebaye from her roommate, Neo’s bed on Thursday night, describing her as “a wh*re, desperate b*tch who jumps from man to man.”

    However, in a chat with Whitemoney and Alex, Ilebaye said Tolanibaj is worse than her.

    “Tolanibaj is calling me a wh*re but I can name thousands men that have slept with her,” Ilebaye claimed.

    Alex and Whitemoney advised her to reduce the controversies around her in the house.

    Yesterday afternoon, Ilebaye had an altercation with Venita Akpofure, who described her as “a toddler in a Chinese shop,” and urged her to know her boundaries in Biggie’s House.

  • Education: JAMB fixes make-up exam for August 6

    Education: JAMB fixes make-up exam for August 6

    Joint Admission and Matriculation Board (JAMB) has fixed August 6 for mop-up exams to allow those who missed the examinations due to technical issues to take it.

    The report says that about 1,969 candidates missed the 2022 Unified Tertiary Matriculation Examinations and Direct Entry Examinations written in April and May 2022.

    The affected persons missed the examination over issues such as finger-print peculiarities; technical problems in some centres and Biometric Verification Matriculation failure, according to the data collated from the website of the Joint Admissions and Matriculation Board by our correspondent on Sunday.

    Findings also show that some candidates’ results were cancelled as a result of exam malpractices in some centres across the country.

    Meanwhile, JAMB  did not spell out the number of affected candidates in that category.

    All the candidates who missed their examination and those whose results were cancelled in the 10 centres have, however, been slated to take part in a mop-up examination scheduled for August 6.

    Jamb noted that the decision was arrived at after a thorough investigation was carried out.

    It said, “It should be noted that, as is the custom with the Board after every Unified Tertiary Matriculation Examination, the various reports from its officials in the field and video footage of the examination are reviewed by its team of experts, to detect activities subversive of the examination process.

    “It is after all the reports have been collated and considered that the management would take critical decisions as to the necessity or otherwise of a mop-up examination for which category of candidates.

    “After a thorough analysis of the conduct of the 2022 UTME in 10 centres spread across five states of the federation, where examination malpractice was established to have taken place, it became necessary to cancel the results of all the candidates who sat the examination in the 10 centres.

    “The Board also took cognisance of the fact that some innocent candidates, unfortunately, sat their examination at these centres. Consequently, all candidates who sat the UTME in the centres listed below have been rescheduled for the August 6, 2022, Mop-up UTME.

    “It should be noted that candidates who, for whatever reasons, were absent at those centres are not eligible for the mop-up examination.”

    The board listed the affected centres as Benjyn International Academy, Amaorji-Ukwu, Obingwa Abia State; Abia Edward and Mercy Nwokocha CBT ICT Services, Abia State; Abia Freedom World Academy; Abia National Comprehensive Secondary School; St. Anthony Comprehensive Secondary School, Abia; Anambra Obidon Systematic Computers, Anambra; Urban ICT Centre, Anambra state; Holy Ghost International School, Delta State; Yomnet Academy, Edo State; and Seylek City College, Lagos State.

    The board listed other categories of candidates eligible for its make-up examination as, “Other categories of candidates for rescheduled for the August 6, 2022, Mop-up UTME are: 142 candidates who could not take the UTME due to finger-print peculiarities; 28 candidates who could not take the examination due to technical problems in some centres; and   1,799 candidates with BVM failure who were recaptured at the centres.

    “The board affirms its zero tolerance for examination malpractice and would do all within its powers to combat it. In the same vein, it reiterates its avowed commitment to the conduct of credible matriculation examinations into all tertiary institutions in the country while ensuring the sanctity of its examination process towards sustaining the integrity that the society has come to associate with the board.”

  • I once paid N1,500 for a movie role- Bolaji Ogunmola

    I once paid N1,500 for a movie role- Bolaji Ogunmola

    Bolaji Ogunmola is undoubtedly one of the rising actresses worth paying attention to in Nollywood. Unknown to many, she struggled on her way to the top.

    Ogunmola in a recent Instagram Live chat with Vergeria she said:” think the challenges are still the same with anybody now. Lack of being seen, the fact that people don’t want to take a risk or give opportunity to people that are just starting out.The opportunities were in the midst of certain people and they didn’t want to give opportunity to people they don’t know. Being paid what you are worth is still a challenge. You will not be paid; it’s still a struggle in Nollywood till tomorrow sadly.

    “I was paid N1,500 for a movie role. It wasn’t a ‘Waka pass’. I had appeared in like 8 to ten scenes.I was even glad to be paid N1,500. Do you know the free jobs people have done in their lives? “

    Shedding light on the people she looked up to in Nollywood, she said: ”I looked up to Omotola Jalade and Geneveive when I was growing up. They were the reigning people then in Nollywood.Those were my go to idols at the time for obvious reasons any way”.

     

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