Business
NAOC Commissions 200KVA Generators In Bayelsa
In a bid to boost accessibility to energy supply in the host communities, the Nigerian Agip Oil Company (NOAC) and its NNPC and Oando joint venture partners have commissioned an ultra-modern 200KVA generator and generator house in Osifo and Abuetor Communities respectively in Sagbama Local Government Area Bayelsa State, last Tuesday.
Speaking during the commissioning ceremonies in Osifo and Abuetor communities respectively, the General Manager of NAOC, Mr. Marco Rotondi, who was represented by the Stakeholders Management and Community Development Division Manager, Mr. Dennis Masi said that over the years, NAOC and its joint venture partners had been in the forefront of improving the living standards of the people of its host communities who according to him, come first in their scheme of things.
Rotondi noted that the 200kva Generator and the ultra-modern generator house donated to the respective communities were in fulfilment of the terms of the Memorandum of Understanding (MOU) entered into between NAOC and its joint venture partner and Osifo and Abuetor communities as part of her Access to Energy Initiative of the joint venture partners designed to ensure the implementation of socially beneficial and sustainable projects in her areas of operation.
NAOC boss further called on the people of the two communities to reciprocate the company’s gesture by providing a conducive working environment for the company’s operation.
Also speaking during the event, the Managing Director of Oando Oil Limited, Engr. Durotoye Olupade, represented by the Community Relations Manager, Chief Samuel Onyenwe noted that it was the company’s belief that, with the provision of the generators and the ultra-modern generator houses in the communities, the economic potentials of the communities and its environs would be galvanised.
Engr. Olupade commended the people of the two communities for their peaceful disposition towards the company’s activities within their communities. He further noted that that was the only way more development projects can be attracted to the communities and urged them to continue to exhibit this virtue.
Earlier, the President General of Osifo Community, Mr. John Oghoro thanked NAOC and its joint venture partners for providing the generator and the gnerator house in Osifo community. Mr. Oghoro further commended the joint venture partners for providing amenities such as cottage hospital, electrification, 1km road, six classroom block which according to him, has greatly impacted the community positively.
The President General of Abuetor Community, Hon. Lovely Agwor also thanked the Company for all the developmental projects built in Abuetor Community such as Six Classroom Primary and Secondary School Blocks, provision of electricity and wiring of 500M low voltage electrification as well as the just commissioned 200KVA Generator and Generator House in the Community. Hon. Agwor assured that the community will guard the project donated jealously against vandalism.
Highpoint of the ceremony was the presentation of the completion certificates by the Company to the respective communities.
Kinika Mpi
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
Niger Delta5 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports5 days agoSimba open Nwabali talks
-
Nation5 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta5 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta5 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Rivers5 days ago
Fubara Restates Continued Support For NYSC In Rivers
-
Oil & Energy5 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
News5 days agoDiocese of Kalabari Set To Commence Kalabari University
