Business
NNPC Committed To Economic Growth Through Gas Value Chain – GMD
The Group Managing
Director (GMD) of NNPC, Mr Andrew Yakubu, has said the corporation was committed to the nation’s economic growth through gas value chain.
Yakubu made the disclosure at the opening ceremony of batches 073 to 079 Capacity Building Programme for NNPC chief officers in Abuja, last Thursday
The programme is tagged “Chief Officers Management Development Programme’’ (COMDP).
The NNPC boss said the corporation was determined to deliver commercial value to the Federal Government Gas Revolution Agenda “in order to ensure Efficient Gas–to-Power, Gas-to-Industry and Sufficient Gas for Domestic Consumption.’’
He said the NNPC was saddled with the responsibility of ensuring that the abundant gas value chain in the country was maximally explored.
He added that the corporation would do everything possible to make the Gas Revolution Agenda successful in every ramification.
He then challenged participants of the capacity building programme to come up with creative ways of dealing with the target of fully monetising the gas resource endowment of the nation.
He said “this remains a crucial deliverable of the Federal Government’s Gas Revolution Agenda.”
The managing director said that the management was fully committed to supporting the capacity development programme and would continue to provide all resources required to sustain its growth.
Prof. Pat Utomi of the Lagos Business School in a lecture delivered at the occasion explained that the NNPC was required to deliver the mandate of the gas-to-power strategy execution and effectiveness.
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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