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...
Chief of Defense Staff General Lucky Irabor has said that the Nigerian Armed Forces will never in any way leave the peace and security of the nation in the hands of the terrorists. General Irabor, who spoke with State House correspondents after being decorated with his new rank by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja said the Armed Forces will determine the peace and will not leave it in the hands of the terrorists. He was before his appointment as CDS a Major General. Fielding question on the role played by the Nigerian military in the recent negotiations that led to the release of the school children from their abductors, he said that the security agencies built bridges across various divides. According to him, “Peace and security is not just the s...
The Kano state Executive Council has approved the constitution of a committee, to design a Strategic Metropolitan Transport Master Plan, in order to regulate the transport system in the metropolis. This is contained in a statement signed by the State Commissioner for Information, Mr Muhammad Garba, made available to newsmen on Friday. It said the development of a Transport Master Plan for the state would strengthen economic growth and development, in line with the megacity goal of the Ganduje administration. Garba, in the statement, noted that the terms of reference of the committee, included a comprehensive mass transit system, to address the current transportation challenges. “It will also identify facilities and services to manage the dynamics of Kano as an emerging Megacity.” the state...