Nation
Buhari Orders Release Of Mass Transit Buses
President Muhammadu Buhari, yesterday, directed the release of mass transit buses to ease the transportation challenges Nigerians are facing.
The president also thanked Nigerians for what he called their patience as the nation continues to witness economic and other challenges.
He also thanked members of the organised labour for their “maturity and patriotism.”
According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President spoke at the virtual unveiling of the National Gas Expansion Programme and National Auto-gas Roll-out Initiative at the Presidential Villa, Abuja.
The statement was titled, “Economy: President Buhari appreciates Nigerians for patience, urges more use of gas as alternative to petrol.”
Adesina quoted the President as saying “Let me now express my deep appreciation to Nigerians for their patience, and organised labour for its maturity and patriotism as we collectively navigate these global economic and other challenges.’’
Buhari urged Nigerians to embrace the use of gas as an alternative to fuel.
He noted that the natural gas resources, which Nigeria is endowed with, have hitherto been used sub-optimally as a result of a dearth of gas processing facilities and infrastructural connectivity for effective and optimal domestic utilisation.
The President said with a proven reserve of about 203 Trillion Cubic Feet and the additional upside of 600 TCF ranking Nigeria as the 9th in the world currently, there was the need for domestic gas expansion and utilisation.
He also said the deregulation of the downstream sector had exposed many to price volatilities in the global market.
Buhari then said attention should be shifted to more affordable alternative for energy, especially with Nigeria’s heavy reserve.
He added, “Therefore, the roll-out of the National Gas Expansion Programme, Auto-gas initiative is coming at the right time, especially in light of global crude oil market fluctuations coupled with the full deregulation of the local PMS market.
“These developments have made it imperative to focus on gas as an alternative fuel to move Nigeria from the conventional dependence on white products for autos and prime-movers of industrial applications, to cleaner, more available, accessible and affordable energy source.
“The outcome will not only cushion the effect of the downstream deregulation that this government has to painfully implement, but also create new markets and enormous job opportunities for our people.’’
The President said the auto-gas initiative would lead to increased domestic gas utilisation and enrich the trajectory of national economic growth and development.
“I, therefore, encourage everyone to embrace gas in form of LPG, CNG and LNG as an alternative fuel for autos and other prime-movers.’
“The Minister of State Petroleum Resources is hereby directed to commence the process of hand over of mass transit buses to organised labour as part of our government’s pledge to continue providing support that will ease the transportation challenges Nigerians are facing at this time,” the President added.
Nation
Rivers Deputy Governor Hails PH City One Love For Humanitarian Gesture
Rivers state Deputy Governor Professor Ngozi Nma Odu has commended “The Port Harcourt City One Love,”a Port Harcourt based humanitarian orgnisation For it’s commitment towards alleviating the sufferings of the poor and vulnerable in the society.
Professor Ngozi Nma Odu said this while speaking at this year’s edition of “operation feed the needy” a yearly outreach program of “The Port Harcourt City One Love ” in Port Harcourt.
The Deputy Governor said by feeding more than sixty thousands hungry people within the past six years, the Port Harcourt City One Love Movement has distinguished itself as a club that cares for the less privilege in the society.
She commended the , organization for listing eleven thousand persons to be fed in the current exercise.
Meanwhile The Port Harcourt City One Love has planned a permanent solution to the problem of feeding the poor in the state.
The leader of the group Mr Idaere Gogo Ogan who said this in an interview with newsmen during the distribution of food items to the poor and vulnerables in Port Harcourt said the organization is planning a permanent food kitchen where poor and vulnerable persons can work in anytime and get fed.
Idaere Gogo Ogan said more than sixty thousands poor and vulnerable persons across Port Harcourt City and environs have been fed since the inception of “The operation feed the needy” program six years ago,adding that so far sixty thousands poor and vulnerable persons have beneffited.
He described the group as a platform to promote friendship, brotherhood, community development empathy and feeding the less privilege and hungry people
“That’s what we are doing today here,so we started the exercise six years ago”.he said.
Ogan said the effort was a private sector driven initiative but added “it also involves people in Government because the platform does not recognize any division,we bring everybody together in unity , friendship and brotherhood”he said.
He said the effort will go along way in alleviating hunger especially following the prevailing hunger in the country.
According to him “you know the country is very tough, people are hungry people are starving, there is a whole lot of economic hardship,so for us, this is just our own way of reaching out, our own social contribution to what is very difficult”he said.
Over eleven thousand persons were fed in the just concluded exercise.
Areas of coverage include, Isaac Boro park, Port Harcourt prison/Macoba, Borokiri/Enugu waterside Bundu areas Waterlines and others.
Some of the beneficiaries including an 80 years old widow commended the movement for the annual programm and urged other organizations to emulate them
John Bibor,/Esuuk Oyet/Suotor Memoye /Jeremiah Hannah
Nation
We’ll Partner Private Sector to Industrialize Rivers State – Fubara …Hints Revitalization of Ahoada, Trans Amadi Industrial layout
Nation
SheVentures Open Zero-interest Loan Applications for Women Entrepreneurs
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively. Women-led enterprises are critical to economic activity, yet they face structural barriers.
“This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs”, Edun said.
Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB), Nnenna Jacob-Ogogo said access to affordable finance remains a major constraint for women entrepreneurs.
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