Utilising
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...
FRSC intensifies enforcement of use of helmet – spokesman
File Photo The Federal Road Safety Corps (FRSC) is deploying all its operational energies in enforcing the use of helmets by motorcyclists across the country, its spokesman Mr Bisi Kazeem has said. Kazeem, the Corps Public Education Officer (CPEO) of the FRSC, said this on Monday in Abuja in an interview with newsmen. He stressed that the enforcement had reduced fatalities in the event of crash, adding that motorcyclists were vulnerable road users as most of the crashes involving them were fatal. According to him, the use of helmets reduce damage to sensitive parts of their bodies, including eyes, skull, brain and nose. “As such, the use of helmets does not only make them responsible, but saves their lives in most cases. “Currently, our records show that there is significant improvement in...
Activist asks court to compel Kano, others to refund VAT generated from alcohol
An Abuja-based activist, Sesugh Akume, has filed a suit before a Federal High Court in the nation’s capital, asking it to compel states that outlawed the sale of alcohol to refund the sums received through Value Added Tax imposed on alcoholic beverages. About 12 states practise Sharia law in Nigeria. They are Kano, Kaduna, Katsina, Kebbi, Sokoto, Borno, Yobe, Jigawa, Bauchi, Gombe, Zamfara and Niger. Based on Sharia law, some of the states prohibit the sale of alcoholic beverages and usually hold public events where bottles of alcoholic drinks are destroyed while gambling is also illegal. However, all the states receive VAT collected from alcoholic beverages sold in other states that permit the sale of the product. In an originating motion brought pursuant to Section 1(3), 4(5), 162(3), (4...
