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Lagos State Government Partners with CIG Motors to Boost LAGRIDE Fleet with 5,000 New Vehicles

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Lagos, Nigeria – Governor Babajide Sanwo-Olu has announced a significant expansion of the LAGRIDE fleet, with the signing of a Joint Venture partnership between IBILE Holdings Limited and CIG Motors Company Limited. The deal will introduce 5,000 brand new vehicles to the fleet, with 2,000 units expected in the first phase and the remaining vehicles to be delivered in tranches.

The new fleet will include 1,000 electric vehicles, demonstrating the state government’s commitment to reducing dependence on fossil fuels and minimizing carbon footprint. The vehicles are designed to operate on low carbon emissions, with improved technological interaction and energy transition.

This partnership marks a significant milestone in the state’s transportation sector, offering commuters enhanced transportation options and riding convenience. The initiative will also introduce carpooling services, chauffeur services, and tech-driven logistics services, further enhancing mobility in the state.

Governor Sanwo-Olu encouraged private players in the transportation sector to emulate this partnership and initiate schemes that would enhance mobility in the state. The goal is to make Lagos a city with an international standard, environmentally sustainable, and smart mobility system.

Makinde Talks Tough Over Supreme Court Ruling On LG Financial Autonomy, Sets Up Review C’tees

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Makinde Talks Tough Over Supreme Court Ruling On LG Financial Autonomy, Sets Up Review C’tees

 

“So, on the issue of LG elections in Oyo State, we don’t have caretaker committees at the local level. We planned the elections in a way that not a single day was given out. We have a responsible government in Oyo State, we don’t need the federal government to tell us what to do. We know what is good and we know what is good for our people.

 

“Go back a little bit, what we inherited as an administration in 2019 was a local government system that was owing backlog of salaries, gratuities, pensions. I am saying this because Oyo State will get out of this even stronger. We are people that know what is good for our people. We can run our affairs by ourselves. The FG is not superior constitutionally to the state government though they have more resources than the states. So, we can do what is right in Oyo State and we have been doing what is right.

 

“For the primary school teachers, the Chairman of NUT is here. Before we came in, leave bonuses were last paid in 2017 and we paid that of 2018, 2019, 2020, 2021, 2022 and 2023. The Primary health care facilities, inner roads were all in bad shape. We Al have been working collaboratively with the LGs to deliver dividends of democracy to our people.

 

“We were able to clear those salary arrears. We paid N18bn in pension and gratuities over these period. We upgraded about 209 PHCs, equipped about 264, completed 60 model schools. We constructed and renovated hundreds of primary school classrooms and fixed some Omer roads but there are still challenges that we have to address. We still have backlog of gratuities and pension.

 

“The local government is owing about N55bn in pension and gratuities. We are developing infrastructure that would push the economy and raise the living standard of their people and push their economy towards sustainable goals. But for us, at that time, our priority was not to deploy resources. What I am hearing right now is that our problem is not also money but how to share it. But I insist that our problem is not how to share money but how how to bake a bigger cake and bring our people out of hunger and poverty and stop the anger in the land.

 

“Our people do not care of the road is fixed by the FG or the state government or the LG. They just want to see good roads. An example is the Oyo-Iseyin road through Fasola, which is a Federal Government road but the state government fixed it and I have the letter for the FG when I wrote it for approval. It is a critical road to Oyo State economy.

 

“I believe it is our problem irrespective of what they are doing at the federal level. We know what is important to the lives of our own people here in Oyo State. I learnt FAAC is tomorrow (Tuesday) and all of you can come. We will delay the implementation for the next ninety days, which is three FAACs from now. They will still pay the money into JAC account.

 

“You make the laws, you break it. So, the law is at your own… That is not how to run a country. If you make the law, let us all obey the law. For us in Oyo State, we can solve our own problem, deal with our situation and prioritize our people. Our pass mark is to discuss among ourselves and whatever we agree upon.

 

“I am not saying things should not be transparent at the local government level but it is a distraction to say this is the magic bullet that will wash away our problems. NULGE is here, NUP, NUT and others are here. So, let us sit down and discuss and fashion out our own way out of this issue.” Governor Makinde said.

 

” NULGE is here, NUP, NUT and others are here. So, let us sit down and discuss and fashion out our own way out of this issue.” Governor Makinde said.

 

Similarly, the Attorney General of Oyo state and Commissioner for Justice, Barrister Abiodun Aikomo and Commissioner for Local Government and Chieftaincy Matters, Otunba Ademola Ojo during a press briefing held at the Press Conference Room of the Governor’s Office told newsmen that the two newly set up committees have been tasked with the responsibility of reviewing the specifics of the Supreme Court ruling and proposing a detailed implementation plan that adheres to both constitutional requirements and practical considerations in the best interest of the people.

 

Barrister Aikomo also added that the mandate of the committees includes review and recommendation for new frameworks for implementation of the financial autonomy, and identifying potential challenges and solutions.

 

Recall that the Supreme Court ruling, which mandates direct operation and administration of Local Government funds by the third tier of government without interference from state governors has sparked nationwide debates.

 

Barrister Aikomo, who disclosed that the committees have been given between four to six weeks to conclude review of the ruling and come up with recommendations however, noted that as of press time, the state has yet to receive the Certified True Copy (CTC) of the Supreme Court Judgement.

 

While noting that the Supreme Court judgement has created a Lacuna, he said legal experts have been asked to look at it stressing that governor Makinde, being a proactive leader, has decided to call the emergency consultative stakeholders meeting to fashion out a lasting solution in the best interest of the people of the state.

 

Credit: Western mirror News

Agony of An Admiral: Details Of How Nasarawa Court Dissolved Diezani’s Marriage With Madueke Emerge

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Fresh details of how the High Court in Nasarawa State dissolved the union between Diezani, the former Minister of Petroleum Resources, and her husband, Admiral Alison Amaechina Madueke, have surfaced.

 

It was reported that that Admiral Madueke, a former Chief of Naval Staff, filed a petition on July 2, 2024, at the Lagos State High Court, seeking the end to the use of his name.

 

He argued that her continued use of his name, despite their marital dissolution, was damaging his reputation due to the corruption allegations against her.

 

She cited that their marriage had broken down irretrievably, noting that they had lived apart for over three years and had not cohabitated for more than a year before she presented her petition.

 

The couple had lawfully married at the federal marriage registry in Lagos on June 30, 1999, and the marriage had produced one son, Chimezie Madueke, who was 20 years old at the time of the petition.

 

Her petition stated: “On the grounds that the marriage has broken down irretrievably and by virtue of the fact that the petitioner and the respondent have lived apart for a continuous period of over three years immediately preceding the presentation of this petition, and that the Respondent has not lived together with the petitioner for a continuous period of over one year preceding the presentation of this petition.

 

“The petitioner, Diezani Alison Maduekwe, whose is at No 2, Wale Olateju Crescent, Lekki Phase 1, Lekki, Lagos, Lagos State, and who is an Architect by occupation, hereby petitions the court for a decree of dissolution of marriage against the respondent whose address is No 2, Wole Olateju Crescent, Lekki Phase 1, Lekki, Lagos, Lagos State, and who is a marine consultant by occupation.

 

“The petitioner, then a spinster, was lawfully married to the respondent at the federal marriage registry, Lagos State on the 30th June, 1999, according to the provisions of the Marriage Act, and that both were of marriageable age.”

 

Diezani disclosed that she had left Nigeria for medical treatment in London in May 2015 and had remained there since, leading to their separation. She emphasized that she had not condoned or colluded in presenting the grounds for the divorce.

 

Represented by Abdulaziz Ibrahim Esq of K. T. Turakiband Co., Diezani’s petition included verifying affidavits, certificates relating to reconciliation, and pre-action counseling, as well as acknowledgment of service to Admiral Madueke.

 

Despite being duly served, Admiral Madueke did not appear or send a representative throughout the case’s proceedings at the Mararaba High Court, Gurku.

 

On March 15, 2023, Justice A. A. Ozegya, in suit No NSD/MG345/2021, ruled in favor of Diezani, granting the dissolution of the marriage.

 

The judgment read: “After listening to the counsel adopting the testimonies of the petitioner vide an affidavit evidence under section 107 of the Evidence Act, this court would have no further hesitation to make in this matter but to enter final judgment in matter as per paragraph 10 of the petition as the respondent has stated not to contest the petition.

 

Credit: thecapital.ng

Uncover raises $1.4 million to expand into Ghana and Uganda

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Uncover, a Kenyan marketplace for skin care products, has raised $1.4 million in seed funding to expand into the US, Ghana, and Uganda.

 

Launched in 2021 by Sneha Mehta and Jade Oyateru, Uncover uses data provided by users on its app–through quizzes, etc—to create personalized skin care products with labs in South Korea. The company distributes these skincare products through its e-commerce platform and retail partnerships with pharmaceutical chains like Goodlife and Medplus in Kenya and Nigeria.

 

“The industry has represented only a few skin tones in testing and we are one of the first brands testing on women in Africa. What’s exciting is that we are starting in Africa but seeing global demand and opportunity for our solution,” Sneha Mehta, CEO of Uncover, said.

 

This is Uncover’s third funding round. It raised $100,000 in a 2021 pre-seed round from Antler VC and a $1 million seed round in 2022. In its latest funding round, Uncover provided exits for early investors through a secondary sale, according to its CEO.

 

“Secondary sales were driven by demand. There was more demand than the round size,” Mehta said.

 

The funding round was led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital, and Altree Capital.

 

Uncover is playing in Africa’s beauty and personal care market estimated to grow to $83.19 billion by 2028. Skincare products have become an essential part of the daily routine of Africa’s young and fashion-savvy middle-class population, driving demand for these products.

 

The startup claims to have over 200,000 users across Kenya, Nigeria, and the diaspora, and has grown its revenue 10x in the last 24 months since its last funding round. Uncover claimed it broke even in the past year and is on course towards profitability.

 

“We are incredibly impressed with Uncover’s use of data and technology to understand their core customer’s needs,” Claire Chang from IgniteXL Ventures said.

 

 

Another Nigerian firm starts auto assembly plant, moves to assemble CNG cars

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Lanre Shittu Motors Auto Assembly plant has begun the conversion of petrol and diesel-powered vehicles to CNG

The managing director of LSM, Taiwo Shittu, said that the firms began converting vehicles when the government ended the petrol subsidy

The director general of the National Automotive Design Development Council (NADDC), Joseph Osanipin, commended the company’s efforts

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

 

Lanre Shittu Auto Assembly plant has begun operations in Nigeria to produce and convert petrol- and diesel-powered engines into natural compressed gas (CNG).

 

The company’s Lagos plant also wants to assemble electric vehicles.

 

Recently, the director general of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, visited the Lagos plant and expressed satisfaction with the state of the plant and its volume of work.

 

Lanre Shittu Motors begins vehicle assembly plant

Lanre Shittu Motors pledges more CNG trucks and vehicles Credit:LSM/Hindustan Times / Contributor Source: Getty Images

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Assembly plant to concentrate on CNG vehicles

He commended the company for concentrating on assembling commercial vehicles, specifically trucks, pickup vehicles and CNG-powered vehicles.

 

Osanipin spoke after he inspected the auto assembly plant, where the company’s management took him through assembling the JAC truck components and converting the trucks into CNG.

 

According to the NADDC boss, the council has seen the process and spare parts, meaning that the company is set to have vehicles with sufficient parts.

 

Osanipin said:

 

“I have seen the capacity and ability to meet the demand of the market. What we have seen here, I’m not too surprised because Lanre Shittu Motors has been there over the years.”

LSM employs more Nigerians than foreigners

He disclosed that about 95% of the workers at the truck and pickup sections of the plant are Nigerians.

 

He expressed the auto industry’s desire to begin mass production of CNG-powered vehicles as part of the Nigerian government’s CNG initiative.

 

Vanguard reports that the DG asked Nigerians to embrace the initiative, stating that it is cost-effective for Nigerians to move to CNG-powered vehicles due to the high cost of petrol and diesel.

 

Taiwo Shittu, the managing director of Lanre Shittu Motors, stated that trucks would be the next set of conversions at the plant, adding that the company had delivered some CNG-powered mass transit buses for the airport shuttle.

 

Reports say that Shittu said that the pant could produce six units daily, adding that the firm had the opportunity to purchase CNG-powered vehicles immediately after the Nigerian government removed the subsidy from petrol.

 

He said:

 

“As we speak, we are converting our vehicles to run on CNG. We have our CNG conversion kits on the ground. We have mass transit buses already at the airports for shuttle, assembled here in Nigeria.”

FG begins free conversion of petrol vehicles

The development comes as the Nigerian government disclosed its plans to begin the free conversion of petrol and diesel-powered vehicles.

 

On Thursday, July 11, 2o24, the Nigerian government declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free.

 

FG offers free conversion kits to vehicle owners

The programme director/chief executive of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, stated this after the agency signed agreements with the firms.

 

He revealed that the agency has a robust monitoring mechanism around conversion and enforcing price reduction for Nigerians.

 

FG lists centre for free conversion

Meanwhile, the Nigerian government also unveiled a list of centres that will convert petrol—and diesel-powered vehicles to CNG at no cost to vehicle owners under the Presidential Compressed Natural Gas Initiative.

 

The Federal Government released a list of locations nationwide where motorists can convert their petrol and diesel-powered vehicles to run on Compressed Natural Gas (CNG).

 

This move aims to provide an affordable alternative, thereby reducing the cost of transportation.

 

FG invites Nigerians to convert petrol, and diesel vehicles to CNG

Legit.ng reported that the Nigerian government declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free. It disclosed this in Abuja after signing agreements with companies converting petrol and diesel vehicles to CNG.

 

The government also said transport unions would benefit from the initiative, asking them to submit their cars at the various centres.

 

According to reports, the programme director/chief executive of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, stated this after the agency signed agreements with the firms.

 

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

 

Source: Legit.ng

Elite frustrating efforts to stop foreign illegal miners — Military

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The Chief of Defence Staff, Gen. Christopher Musa, said on Monday that elites in the country are frustrating the efforts of security agencies to arrest illegal miners.

 

This was as the Chairman of the House of Representatives Committee on Solid Minerals, Jonathan Gbefwi, said the country was losing $9bn annually to illegal mining.

 

They spoke at the investigative hearing organised by the committee in Abuja.

 

The CDS, who was represented by Air Vice Marshal Nnaemeka Ilo said, “The involvement of the elites in it, we can’t tell, but we know that most of the time when we catch these foreigners, they will tell us that they have connections. I don’t want to say some things, but sometimes you hand these people over, and the next thing they’re released.

 

“Talking of illegal mining, I’m going to talk about how the military sees it. There are so many other stakeholders that I want to talk about. From our various operations and the statistics that we have, we notice that, first of all, the framework guiding mining in Nigeria is very, very good. It needs to be strengthened. Why do I say so, sir?

 

“In 2018 or so, during the last administration, there was a ban on illegal mining in South Africa, South Africa, and Nigeria, which even established a gold mine zone. Despite that ban, mining licences were being issued to people to mine in that zone. So the strengthening of the institutional framework is very key.”

 

He called for tough sanctions for those involved in the act, saying, “Anybody caught in this illegal mining must be dealt with decisively and examples should be made publicly for others to know. The third aspect we noted is poverty. In these areas where this illegal mining takes place, the people are poor. Virtually, lack of education is also part of it. Most of them that we get, have no formal education.”

 

Also at the hearing, the representative of the Nigerian Army, Col. Tajudeen Lamidi, said the Nigerian Army had arrested 387 individuals in connection with illegal mining.

 

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The Speaker of the House of Representatives, Tajudeen Abbas, who was represented by the House Leader, Prof. Julius Ihonvbere, described illegal mining as a growing socio-economic challenge in Nigeria, noting that it had led to the loss of ecosystems and increased poverty levels, especially among peasant farmers.

 

“A disturbing issue, which makes this investigative hearing very critical is the fact that various mining communities in Nigeria live in agonising conditions, economically and socially, arising from years of neglect, and various deprivations and severe environmental degradation, air and water pollution, arising from unsafe mining practices by illegal miners.

 

“The impact of the unprecedented illegal mining across Nigeria has been devastating as farmlands, crops, and economic trees are not only destroyed by mining activities but reduce their benefit and values to the residents,” he said.

 

The chairman of the committee, Gbefwi, stressed that illegal miners had worked against the economy of the country, preventing it from making the most of its mineral resources.

 

He said, “The parliament is deeply worried about the loss of revenue through unregulated and illicit mining operations with the Federal Government disclosing that unlawful mining costs the country $9bn each year, with the only money coming from a three per cent royalty paid by the few licensed miners.

 

“This public hearing is aimed at investigating illegal mining activities, under-reporting wins (extract e-products) by mining and quarry license operators, utilisation of financial interventions in the Nigerian solid minerals sector amounting to trillions of naira within the solid mineral sector and also the Nigeria Minerals and Mining Act (Amendment Bill) and Nigeria solid Minerals Development Company (establishment bill), respectively.”

 

Gbefwi, a member of the Social Democratic Party representing Karu/Keffi/Kokona Federal Constituency, Nasarawa State, also noted that “The unregulated exploitation of our natural resources jeopardises the sustainability of the mineral sector, leading to environmental degradation and revenue loss that could otherwise benefit our communities and nation as a whole.

 

“It is imperative that we take, as a matter of urgency, decisive steps and necessary action to address this issue and ensure that our solid mineral sector operates within the framework of the law, protecting our natural resources for future generations.”

Oba of Benin receives two looted artefacts from US

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The Oba of Benin, Ewuare II on Monday, received two artefacts, a mother hen and a bronze plaque from the University of Iowa Museum, United States of America.

 

The returned artefacts were part of the ones looted at the Benin palace when it was invaded in 1897 by the British.

 

The Oba, while receiving the items in his palace, said the immediate past president of the federation, President Muhammadu Buhari made the ownership of artefacts very clear through his recent gazette before he left office.

 

The monarch, who was elated over the return of the artefacts, referred to some of the earlier ones returned to the palace. He noted that his forebears started the process but he was able to accomplish the feat when he ascended the throne.

 

The royal father said that artefacts were not mere items, noting that they have spiritual implications which mere mortals cannot understand.

 

He further appealed to the political leaders to help preserve the traditions and customs of the land.

 

The Oba said, “I must commend the immediate past president of the country, President Muhammadu Buhari who made the ownership of artefacts very clear through his recent gazette before he left office.

 

“My forebears started the process of ensuring the artefacts are but I can accomplish the feat when I ascended the throne.

 

“The artefacts are not mere items, they have spiritual implications which the mere mortals cannot understand, he added.

 

He appealed to the political leaders to help preserve the traditions and customs of the land.

 

Earlier, Cory Gundlach, a curator from the African Art in the US Museum, on behalf of others lectures in the university apologized to the Oba of Benin for using the artefacts as teaching materials in the university.

 

He assured the monarch of his determination to ensure that others who were kept elsewhere were returned to their original abode.

 

ECOWAS single currency’ll benefit Nigeria immensely’

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The President of Capital Market Academics of Nigeria, Prof. Uche Uwaleke, says Nigeria is positioned to reap immense benefits from the ECOWAS single currency initiative.

 

Mr Uwaleke, who is also the Director, Institute of Capital Market at the Nasarawa State University, Keffi, said this in an interview with the News Agency of Nigeria on Sunday in Abuja.

 

He said that the ECOWAS single currency if actualiseed, would facilitate free trade within the sub-region which would greatly benefit Nigeria as the largest economy in the sub-region.

 

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According to him, it is a no-brainer that a single currency for the ECOWAS will facilitate free movement of goods, integration of capital markets, and economic integration in general.

 

“Given her huge population, Nigeria is positioned to benefit most from the free movement of goods and persons resulting from the implementation of a single currency.

 

“It will enhance capital formation and lead to increased volume of trade among member-states, expanding job opportunities and enabling growth and development in the region,” he said.

 

Mr Uwaleke, however, cautioned that if the experience of the Eurozone was any guide, there were enormous bottlenecks to be surmounted for the target date of 2027 to be realistic.

 

“Unfortunately, it does seem that the target looks unrealistic.

 

“ECOWAS appears fragmented with the exit of three of her members. Virtually all member-states are far from meeting the primary convergence criteria set by the West African Monetary Institute.

 

“In the case of Nigeria, the leading economy in the region in terms of Gross Domestic Product (GDP) size, inflation rate has been double digit for many years.

 

“Actual budget deficit as a percentage of GDP has been more than four per cent, and the CBN direct financing of fiscal deficits has been in excess of 10 per cent,” he said.

 

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According to him, it is the same story with several other member-states that cannot boast of gross external reserves capable of financing three months imports.

 

“There is equally the fact that France is not supporting the French speaking member States UEMOA, to have independent central banks.

 

“Against this backdrop, the first task for ECOWAS in the direction of a single currency is to unite politically, lure back the three countries that exited into their fold and then support each other to strengthen their domestic economies.

 

“Any attempt to inaugurate a single currency without ECOWAS first putting its house in order will witness a still-birth project,” he said.

 

Finance ministers and central bank governors from the 15 ECOWAS states recently indicated plans to inaugurate the single currency initiative known as the ECO.

 

The initiative, which is designed to propel economic growth and development throughout West Africa, received the endorsement of Nigeria..

 

The single currency is part of the features in the three-in-one identity cards planned by the National Identity Management Commission and set for roll-out in August.

 

A statement issued by the Ministry of Finance emphasised Nigeria’s unwavering commitment to its successful implementation.

 

The statement said that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, noted the critical role ECO would play in fostering economic growth and development in the sub-region.

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We’ve our reasons”: Cooking gas dealers announce new price for 12.5kg, others

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Cooking gas dealers have increased the price of the commodity again after crashing in June

The dealers say that 12.5kg of cooking gas now sells for N14,500 from N13, 200 and 6kg sells for N7,200

The dealers blamed the crash of the Nigerian currency, the naira, for the hike in prices

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

 

The price of liquified petroleum gas (LPG), also known as cooking gas, has increased again after crashing in June.

 

Findings show that it now costs about N14,500 to refill a 12.5kg cylinder, N7,200 for 6kg, and N1,200 for 1kg.

 

Cooking gas prices rises again, LPG, NLNG

Sellers announce new prices for cooking gas naira falls against the dollar Credit: PixelCatchers Source: Getty Images

New prices for cooking gas emerge

The commodity’s price crashed in June when a 12.5kg refill was sold for N13,200, N6,600 for 6kg, and N1,100 for 1kg.

 

In May, the commodity’s price remained stable following foreign exchange stability.

 

Cooking gas dealers blamed the volatile foreign exchange for the price rise, saying that most dealers had to rely on imported products rather than the Nigerian NLG Limited supply.

 

Dealers, who spoke to Legit.ng anonymously, said that the price increase is due to the high FX rate and volatility.

 

“There is always a pattern with our sales. Each time the FX market is stable in the Forex market, the prices remain stable and affordable. The market reacts to fluctuations in the Forex market,” one of the dealers stated.

Foreign exchange affects LPG prices

Reports say the dealers revealed plans to maintain a stable rate for the product, but high forex has remained an obstacle.

 

According to the dealers, each time there is an increase, their sales plummet as users switch to alternative energy sources such as electric stoves and charcoal.

 

Marketers warn of continued price increases

Legit.ng reported that the President of the Nigerian Association of Liquified Petroleum Gas Martkers (NALPM), Oladapo Olatubosun, warned that cooking gas prices would continue to skyrocket as exchange rate volatility continues to impact the domestic market.

 

Olatunbosun said:

 

“It Is expected that when the foreign exchange increases, the price of LPG will follow suit because it is still priced and determined by the flow of forex.”

Analysts believe that the Nigerian government’s policies, such as removing import duties and VAT from imported LPG and free distribution of one million gas cylinders, have not positively affected prices.

 

Also, the price is susceptible to inflationary trends, which the National Bureau of Statistics says soared to 34.19% in June.

 

Data shows states with highest cooking gas prices

Legit.ng previously reported that the National Bureau of Statistics has revealed that the average price for refiling a 5kg Liquefied Petroleum Gas (Cooking Gas) cylinder in Nigeria stood at N6,591.62 in March 2024.

 

This represents a 7.10% increase compared to the N4,562.51 average price recorded in February 2024, which was N6,154.50.

 

On a year-on-year basis, cooking gas prices increased by 42.97% from N4,610.48, which was paid in March 2023.

 

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

 

Source: Legit.ng

Olanrewaju Alaka: Transforming the PR Landscape as the Founder of Laerryblue Media

As part of Ranks Africa’s initiative to celebrate impactful individuals, we are spotlighting #OlanrewajuAlaka, the founder of Laerryblue Media. Known as the king of PR, Olanrewaju’s actions speak louder than words.

His efforts have significantly enhanced communication strategies globally, setting new standards in the industry.

He stands out in the complex fields of public relations and brand management, having carved out a distinct niche for himself. His innovative and positively impactful approach is revolutionizing the way global businesses operate.

Olanrewaju Alaka, the visionary founder of Laerryblue Media, is redefining the public relations and brand management industry with his innovative approach and impactful strategies. With a career spanning over eight years, Alaka has distinguished himself as a master of PR strategy development, content creation, project management, and crisis resolution. His work not only earned him numerous awards but also established him as one of the most influential Africans in 2023.

Laerryblue Media, under Alaka’s leadership, has become a beacon of excellence, bridging the gap between enterprises and their audiences with meticulously tailored services. His efforts have significantly enhanced communication strategies globally, setting new standards in the industry.

Alaka’s educational background is as impressive as his professional achievements. He holds an MA in Public Relations from Sheffield Hallam University, a BSc in Business Analysis, and a B.A. in International Relations and German from Obafemi Awolowo University. His academic journey also includes studies at the Institute of International Communications in Berlin.

Beyond conventional roles, Alaka’s narrative prowess and global vision are reshaping the African PR landscape. His commitment to fostering impactful relationships and creating enduring connections stands as a testament to his expertise and dedication. In the intricate world of public relations, Olanrewaju Alaka is not just a proficient professional but a trailblazer, skillfully shaping a legacy of trust, excellence, and innovation.

Professional Summary

Olanrewaju’s narrative prowess extends beyond conventional roles, crafting stories that redefine success in the industry. His global vision seeks to reshape the African PR landscape while fostering impactful relationships. His meticulously tailored services, designed for accessibility, effectively bridge the gap between enterprises and audiences, creating enduring connections.

In the intricate world of public relations, Olanrewaju Alaka stands out not just as a proficient professional but as a master of his craft, skillfully shaping a legacy of trust, excellence, and innovation. His expertise transcends boundaries, making him a pivotal figure in the field of PR and brand management.

What Does Laerryblue Media DO? Read Here