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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...

Anambra governor resolves airport land matter

The social media was agog recently that some purported women from Umueri in Anambra-East local government area protested half naked at the construction site of the International Cargo Airport over what they termed forceful land-grabbing by government to build the airport. Reports also had it that the said protesting women from Umueri had accused the state government of encroaching into areas the community didn’t release to them. But the traditional ruler of Umueri His Royal Majesty Igwe Sir Ben Izuchukwu Emeka stated unequivocally that such reports were malicious and economical with the truth because nobody protested naked and that his subjects were not known for such amoral behaviour. Igwe Emeka stated that Umueri was grateful to the government and people of Anambra state that the Interna...

PIB: Rivers governor supports allocation of 10 per cent oil revenue to host communities

Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly. Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on, so that development of host communities can be truly actualised. The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday. Governor Wike stated that oil bearing communities have suffered the loss of their livelihood, good drinking water and their socio-cultural life disrupted because of the insensitivity of the International Oil compan...

Enugu to deal with land grabbers, fraudsters

The Enugu State Government has declared its resolve to resist any attempt by land grabbers and fraudsters to short-change the people under any guise. The Commissioner for Lands, Dr Victor Nnam, stated this when he received an award for exceptional service and leadership from the traditional ruler of Amechi Udewo, Igwe Daniel Nnamani, the Ogboo Ogu I of Amechi Udewo, Awkunanaw, Enugu State. The Commissioner said his Ministry was working assiduously to transform land administration in the State, in line with the agenda of the State Governor, Chief Ifeanyi Ugwuanyi. He said: ‘I appreciate the entire people of Amechi and Obeagu Awkunanaw. I assure you of my resolve to continue the good fight of faith against land grabbers and fraudsters, as well as the transformation of the land administration...

AfDB chief urges Nigerian government to deepen investment in youth

The President, African Development Bank (AFDB), Dr Akinwumi Adesina, has appealed to the Federal Government to deepen investment in youth, to enable them put their entrepreneurial ingenuity to good use. Adesina, who spoke virtually at the 2020 Nigerian Prize for Leadership at the weekend in Abuja, noted that Nigerian youth are plagued by plethora of challenges like unemployment, limited technical and vocational skills, limited inclusion in the socio-political space and lack of finances to develop their businesses. “No nation is perfect. But those who learn from history become greater. Events repeat itself twice when people do not learn. As a nation, Nigeria should do everything possible to invest and reinvest itself by focusing on the youth. “Today, we have 206 million people, 70 per cent ...

SEC: Governments can unlock potentials by privatisation

The Securities and Exchange Commission, SEC, has stated that the Federal and State Governments have the capabilities to unlock enormous potentials through privatisation. The post SEC: Governments can unlock potentials by privatisation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Edo guber: PDP applauds Governor Obaseki’s infrastructural development

The Edo State Chapter of the Peoples Democratic Party (PDP), has applauded Governor Godwin Obaseki’s developmental strides in the various sectors of the state. The Chairman, Edo PDP, Dr Tony Aziegbemi, gave the commendation after inspecting facilities at the Samuel Ogbemudia Stadium in Benin City, ahead of the party’s forthcoming primary election scheduled to hold on June 19th 2020. Addressing journalists at the stadium, the state PDP chairman expressed appreciation to the governor for approving the use of the Samuel Ogbemudia Stadium for the conduct of the party’s primary election. He noted that the PDP is very impressed with the transformation of the Samuel Ogbemudia Stadium, adding, “We are going ahead with our preparations and on the 19th of June, we are coming here to do what we know ...

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