Affordability
DPR: Market forces should determine gas prices
File Photo The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Mr Sarki Auwalu, the Chief Executive Officer, DPR, disclosed this while presenting keynote address at the pre-summit conference on “Decade of gas’, in Abuja, on Monday. Auwalu said that the right and market-based pricing of gas was critical, as it would assure producers of returns on their investments. He also outlined five critical levers for gas development, especially as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for economic transformation. According to him, the levers include availability, accessibility, a...
Abuja residents: Why we buy ‘second hand’ clothes
Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard. The buyers spoke in separate interviews with newsmen at the Dutse-Alhaji market on Sunday in Abuja. The buyers were seen patronising the items from their dealers in the market, which was known for the cheap sale of second hand clothing in the district. Ada Micheal, one of the buyers, told newsmen that when it came to especially shoes, school or women bags, she preferred the second hand ones because they were almost new and last longer. ” Not all of these items you see here are fairly used; most of them are new or almost new. ” Some even come with tags from probably the stores they were initially hung for sale or...
Nigerian government says 300,000 mass housing scheme strictly for low income earners
The Federal Government says its Social Housing Programme, one of the components of the National Economic Sustainability Plan (NESP), is targeted at low income earners. Imeh Okon, Senior Special Assistant to the President on Infrastructure, who made this clarification on Tuesday in Abuja, said the scheme was not meant for politicians or highly placed persons. The 300,000 social housing programme is a component of the NESP designed by the Vice President Yemi Osinbajo-led committee constituted by President Muhammadu Buhari to cushion the effects of COVID-19 on Nigerians. She explained that one of the objectives of the administration was to provide houses for citizens across the country. Okon said that the houses would be durable and of high quality not minding the low prices. “It is a social ...
