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...
Barely 24 hours to the Governorship election in Edo State, Yiaga Africa, through the Watching The Vote citizens movement, has deployed its Parallel Vote Tabulation (PVT) methodology for the election. According to Yiaga Africa, the PVT is an advanced election observation methodology that employs well-established statistical principles and sophisticated information technologies in providing timely and accurate information on the conduct of accreditation, voting, and counting, and it independently verifies the official governorship results as announced by the Independent National Election Commission, INEC. In a statement jointly signed by the Chair of Yiaga Africa election observation mission for Edo State, Dr Aisha Abdullahi, Nigeria’s former Ambassador to Guinea and former African Union Com...
China on Saturday reported zero new coronavirus infections for the first time since it started reporting data in January, a day after Communist Party leaders celebrated “major achievements” in the virus fight. The virus first emerged in the central Chinese city of Wuhan late last year, but cases have dwindled dramatically from the peak in mid-February as the country appears to have brought the virus largely under control. The official death toll in the country of 1.4 billion people stands at 4,634, well below the number of fatalities in much smaller countries. However, doubt has been cast on the reliability of China’s numbers and the United States has led the charge in questioning how much information Beijing has shared with the international community. The milestone comes a day after the ...