Some Oil and Gas experts have advised the Federal Government to invest massively in the sector or provide intervention funds for private investors to stop hike in price of Liquefied Petroleum Gas (LPG). The experts also advised the Nigeria Liquefied Natural Gas (NLNG) company to allocate enough gas to meet local consumption demand, up to 1.2 metric tonnes, to eliminate impact of foreign exchange. The experts made these known in separate interviews in Abuja on Thursday while reacting to the continuous increase in the price of LPG, otherwise known as cooking gas. Many LPG consumers and retailers had complained bitterly…
Author: Abdallah el-Kurebe
The Chairman, Peoples Democratic Party (PDP) Governor’s Forum, Aminu Tambuwal and three other governors were in Ondo state to woo Dr Olusegun Mimiko, a former Governor in the state, back to the party. Tambuwal, the Sokoto State Governor led Gov. Nyesom Wike (Rivers), Seyi Makinde (Oyo) and Okezie Ikpeazu (Abia) on the visit to meet Mimiko. They also had discussion with Agboola Ajayi, the immediate past Deputy Governor in the state, who is the Zenith Labour Party (ZLP) Governorship Candidate in the 2020 governorship election, his running mate, Gboye Adegbenro and state Chairman of ZLP, Joseph Akinlaja. The governors had on arrival held a…
President of the Senate, Ahmad Lawan has assured that the National Assembly would ensure that the security sector is allocated the lion share in the final copy of the 2022 budget. Lawan said this at the opening of the 5th Conference of Network of African Parliamentarians Members of Defense and Security Committees in Abuja. This is contained in a statement by Mr Ola Awoniyi, the Special Adviser on Media to Senate President in Abuja on Thursday. “Today our nation, our continent and even the world have been challenged by insecurity. “For us in Nigeria, in the National Assembly, our committees…
Kogi state governor, Yahaya Bello has presented an appropriation bill, of N145.8 billion for the 2022 fiscal year to Kogi House of Assembly for “Frank review and approval.” Presenting the Appropriation Bill tagged, “Budget of Accelerated Results” to the Assembly on Thursday in Lokoja, Bello said the total Budget was divided into Recurrent Expenditure of N90,151 billion representing 61.79 per cent. The Capital Expenditure, according to him, is N55.744 billion representing 38.21 per cent adding that the total budget package for year 2022 was N145,896,072,913 as against the N160.560 billion revised budget for year 2021. “This represents a decrease of…
Vice President Yemi Osinbajo has stressed the need for transparency and accountability in procurement processes for the overall growth of the nation. The vice president made the call at the launch of Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) Project, a World Bank Assisted Project in Abuja on Thursday. Osinbajo, who noted that procurement touched on every sector of the economy, stressed that huge amount of financial resources often went into procurement, thereby encouraging some form of financial waste. “The procurement system must be strengthened by entrenching transparency and accountability at all levels of government. “Issues relating to construction, rehabilitation…
President Muhammadu Buhari says it is vital for African governments to renew their social compact with the citizenry so as to improve governance, development and build institutions that promote inclusive security and prosperity. Buhari spoke on Thursday in Abuja at the 5th Conference of the Network of African Parliamentarians for Defence and Security Committees of the House of Representatives. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement, said Buhari was represented by Vice President Yemi Osinbajo. Buhari said his administration was actively striving to ensure that no segment…
The Central Bank of Nigeria (CBN) on Thursday commenced a two-day public sensitasation on its newly launched digital currency, also known as eNaira and other initiatives in Abia. The CBN Director, Corporate Communications, Osita Nwanisobi said the sensitation fair was to engage the public and enlighten them on the eNaira and other monetary polices of the apex bank. The programme which was jointly held virtually in Abia and Ebonyi, had participants across different sectors of the economy. He also said that the programme was to create awareness on various interventions of the CBN and how the people could access them.…
Eight of the 24 members of Plateau state House of Assembly have impeached the Speaker, Abok Ayuba. The members in the unusual sitting on Thursday morning and presided by the Deputy Speaker, Saleh Yipmong also elected Yakubu Sanda (APC-Pengana) as the new speaker. The eight members gained access to the House as early as 6 a.m to execute their plan. They operated under the heavy presence of armed security personnel. The lawmakers attempted to impeached the speaker on Wednesday night, but could not succeed and returned on Thursday morning. Mr Nanbol Daniel (PDP-Langtang North Central) had said that the impeachment…
*Ozekhome SAN wonders what’s frightening the governing elite that they are refusing or delaying on the constitution *Prof Odinkalu calls for a document that will bring about restructuring of minds *Ann Kio-Briggs, says no reason to still keep the document as a constitution *I strongly believe that the country needs a new and popular constitution prepared by the accredited representatives of the people” – Falana, SAN Nigerian revered lawyers have questioned the legitimacy of the Nigerian constitution, especially with the apparent flaws and consequent inability to take the Nigerian people to their desired destination. Some of the lawyers, including Aminu…
The federal government has called on developed countries to redeem their $100 billion pledge, made to support developing countries on climate action. The. Minister of State, Environment, Chief Sharon Ikeazor, made the call on Wednesday, in Abuja, at a news briefing on COP26 preparation, scheduled for October 31 to November 12, in Glasgow. She mentioned important issues to be discussed at the COP26 as mobilising finance, scaling up adaptation, how to deal with the damaged on economic and non-economic caused by climate impact, among others. ”We require the developed countries to honour the word given made back in 2009 of…