Nation
MOMAN Hails FG’s Autogas Scheme
The Major Oil Marketers Association of Nigeria (MOMAN) says the autogas scheme of the Federal Government would bring long-term economic benefits to the country if sustained.
The MOMAN’s Chairman, Mr Tunji Oyebanji, made the assertion in an interview with newsmen, yesterday in Lagos.
President Muhammadu Buhari, yesterday, unveiled the Natural Gas Expansion Programme (NGEP) and Auto-gas initiative in the country with the inauguration of gas-powered Mass Transit Buses.
The president also inaugurated over 10 Liquefied Petroleum Gas-powered vehicles for various government agencies and users as part of the flagging off exercise.
Buhari called on Nigerians to embrace the use of gas as an alternative to Premium Motor Spirit (PMS), especially in view of the nation’s huge gas reserve.
According to the NGEP, the committee behind deepening gas utilisation in Nigeria, autogas service stations are already in operation in the Federal Capital Territory, Abuja, Kano and Kaduna states.
Others are Kogi, Kwara, Ogun, Ondo, Oyo, Lagos, Edo, Delta, Rivers, and Bayelsa states.
Reacting to the development, Oyebanji said Nigeria, a gas country with 203TCF of proven gas reserves, should utilise the resource for the development of the country.
He said the scheme was initiated as a way of reducing Nigeria’s dependence on oil, while at the same time providing a cheaper and cleaner alternative source of energy for Nigerians.
“Therefore, I see the launch of the autogas scheme as a step in the right direction. Government needs to stay the course and provide incentives to the industry to enable it grow,” Oyebanji said.
He said MOMAN had keyed into the scheme and was ready to support the government to ensure its success.
“The NGEP met with MOMAN and other stakeholders and told us to put in expression of interest on how the scheme should be rolled out because they wanted to do it quickly.
“So, we have expressed interest and they have started with some companies for the roll out.
“We are also engaging the Department of Petroleum Resources (DPR) to get approval for co-location of Compressed Natural Gas equipment in some of our facilities,” Oyebanji said.
He said government should provide conversion support to vehicle owners, grant tax holiday to investors in gas facilities and also grant waiver on importation of gas equipment to accelerate the process.
Oyebanji said that gas pricing should also be right to encourage switch by vehicle owners, while domestic allocation to the market should be increased by the Nigeria LNG Limited.
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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