News
VENO International Magazine Weekly Editorial: Cooking Gas Scarcity — Nigerians Groan as Prices Soar
Date: 04-06-26
The effect of the growing tension between the United States and Iran over the Strait of Hormuz is gradually being felt across the global energy market, with Nigeria not left out. The price of cooking gas has risen sharply in many parts of the country, with some consumers reportedly paying as much as ?2,500 per kilogram amid widespread scarcity.
As the situation worsens, many households are reluctantly returning to the use of charcoal and firewood for cooking. The continued increase in the cost of cooking gas by marketers is placing additional pressure on families already battling economic hardship, and there appears to be no immediate end in sight.
Reports indicate that several gas outlets have little or no product available for sale. Industry operators have attributed the scarcity to supply challenges and fluctuations in the international market. Consumers, however, are left to bear the burden as prices continue to climb beyond the reach of ordinary Nigerians.
On the international scene, there are indications that diplomatic efforts may soon ease tensions in the Middle East. Former U.S. President Donald Trump recently expressed optimism that the dispute involving Iran could be resolved, a development many hope will help stabilize global energy prices.
While Nigerians struggle with rising living costs, the country is also facing an alarming surge in insecurity. Cases of kidnapping continue to spread across several states. The recent abduction of the wife and twin children of a relative of former Minister of Power, Chief Bayo Adelabu, has heightened public concern. Reports have also emerged of passengers allegedly being kidnapped along the Eruku Road in Kwara State.
The growing wave of kidnappings is giving many Nigerians sleepless nights. Adding to the controversy, activist Chief Sunday Igboho has alleged that some politicians are linked to certain abduction cases in Ibadan and has threatened to reveal names if the trend continues.
As citizens grapple with economic hardship and security challenges, many are asking the same question: Who will save us?
This week's edition is richly packed with informative stories, features, interviews, and inspiring reports. We invite you to read, reflect, and share your feedback with us.
Have a pleasant reading experience.
With Love From The Publisher
Bishop Dr. Sanya Ojo SOMH Cares
? +234 803 334 0285
? venointernational.com??
"Jesus Christ Must Be Heard Everywhere."
Date: 04-06-26
The effect of the growing tension between the United States and Iran over the Strait of Hormuz is gradually being felt across the global energy market, with Nigeria not left out. The price of cooking gas has risen sharply in many parts of the country, with some consumers reportedly paying as much as ?2,500 per kilogram amid widespread scarcity.
As the situation worsens, many households are reluctantly returning to the use of charcoal and firewood for cooking. The continued increase in the cost of cooking gas by marketers is placing additional pressure on families already battling economic hardship, and there appears to be no immediate end in sight.
Reports indicate that several gas outlets have little or no product available for sale. Industry operators have attributed the scarcity to supply challenges and fluctuations in the international market. Consumers, however, are left to bear the burden as prices continue to climb beyond the reach of ordinary Nigerians.
On the international scene, there are indications that diplomatic efforts may soon ease tensions in the Middle East. Former U.S. President Donald Trump recently expressed optimism that the dispute involving Iran could be resolved, a development many hope will help stabilize global energy prices.
While Nigerians struggle with rising living costs, the country is also facing an alarming surge in insecurity. Cases of kidnapping continue to spread across several states. The recent abduction of the wife and twin children of a relative of former Minister of Power, Chief Bayo Adelabu, has heightened public concern. Reports have also emerged of passengers allegedly being kidnapped along the Eruku Road in Kwara State.
The growing wave of kidnappings is giving many Nigerians sleepless nights. Adding to the controversy, activist Chief Sunday Igboho has alleged that some politicians are linked to certain abduction cases in Ibadan and has threatened to reveal names if the trend continues.
As citizens grapple with economic hardship and security challenges, many are asking the same question: Who will save us?
This week's edition is richly packed with informative stories, features, interviews, and inspiring reports. We invite you to read, reflect, and share your feedback with us.
Have a pleasant reading experience.
With Love From The Publisher
Bishop Dr. Sanya Ojo SOMH Cares
? +234 803 334 0285
? venointernational.com??
"Jesus Christ Must Be Heard Everywhere."
LINKS
- VENO tv: CRIMEWATCH | My Life Is in Danger" — Adeyemi Adeniyi Matthew Raises Fresh Concerns Over Alleged Fake Federal Agency Controversy- VENO tv: POLITICS |TO SET THE RECORD STRAIGHT: Viral ADC INEC Submission Image Declared Fake
- VENO tv FEATURE: Sex Scandal: University Lecturer Beaten After Alleged Sexual Harassment
- VENO tv: Praise God for His Limitless Power — Pastor Princess Venisa Ojo (Omo Oba Jesu) Urges Believers
- BUSINESS | VENO TV VENO Veers into Plastic Pick-Up Drive, Promotes Environmental Sustainability
- VENO tv: Entertainment Sam Larry speaks after Auto accident says I can’t walk, will be using wheelchair..
- VENO tv: FROM THE PULPIT Echoes of Mid-Year First Sunday Service at VENO Prayer Centre (Mountain of Covenant) ...Amidst Joyful Praise, Thanksgiving, Powerful Ministration and Living Water Service
- VENO tv: From the Pulpit..Human Beings May Overlook You, But God Never Abandons His Children — Pastor Princess Venisa Ojo (a.k.a. Omo Oba Jesu) Declares
- VENO tv: Business..Where Culture Creates Opportunity: How Access Bank is Turning Influence into Impact
- VENO tv: From the Pulpit God Never Created His Children to Remain Locked in Bondage — Bishop Dr. Sanya Ojo SOMH Cares Declares
- VENO TV – Politics Presidential Council Scandal: "I Am Ready to Face Any Charges" — Adeniyi Adeyemi Declares
- VENO TV: Entertainment"I Quit Acting in 2019 Because the Pay Was Poor" — Actor Deyemi Okanlawon
- VENO TV: Feature: Apostle Chibuzor Announces Free Accommodation, Logistics Support for Nigerians Returning from South Africa
- VENO TV: POLITICS: Federal High Court Affirms David Mark-led ADC Leadership, Dismisses Suit
- VENO TV FROM THE PULPIT I Went to a Babalawo in Osogbo Who Gave Me Charms to Fortify Me" — Pastor E. A. Adeboye
- VENO TV: FOREIGN NEWS Xenophobic Tensions Rise as South Africa Witnesses Anti-Immigration Marches 271 More Nigerians Return Home as FG Seeks Compensation
- Veno tv:Access Bank UK Polo Day 2026: Windsor Set for Landmark Gathering Nigeria
- VENO TV: I HAD PREPARED FOR D£@TH BEFORE POLICE CAME--rescued Ogun victim, Temiloluwa, narrates experience in kiidnappers' den
- VENO TV: FROM THE PULPIT Wisdom and Money Work Together for Success — Bishop Dr. Sanya Ojo
- VENO TV: FROM THE PULPIT HE OPENS A DOOR... NOBODY CAN SHUT IT
Page 1 of 63 [Next] [Last Page]