Connect with us

Headline

Gov Sule charges real sector conference to proffer practical solutions to economy

Published

on

Abdullahi Sule

Gov. Abdullahi Sule of Nasarawa State has charged participants at the Nasarawa State University Keffi (NSUK) 1st International Real Sector Conference to proffer practical solutions to rejuvenate the economy.

He gave the charge on the first day of the two days conference on real sector productivity held at the University in Keffi Local Government Area of the state.

The theme of the conference is “Rejuvenating the sector productivity in Nigeria”.

Sule challenged participants to get real and proffer workable and practical solutions that would rejuvenate the real sector in Nigeria for optimal productivity which in turn would impact on the economy of the country positively.

“The question we should be asking ourselves here is that why are we not getting it right in the real sector in Nigeria?

Advertisement

“So let us proffer practical solutions so that we don’t just end up having an event and having all the communique and all that and then they end up in our offices. Let us ask ourselves what is that is possible and how do we contribute,” he said.

He said their recommendations should also be useful in shaping a better future for the real sector in Nigeria so that future Nigerians could build on that.

“So we must sit down and deliberate on what exactly is our problems in this sector. Are we ready to make sacrifices? And we must make sacrifices because that is the only way we can move forward.

“I want to assure you that in Nigeria we can change the narratives but it will take all of you here to convince the rest,” he said.

Prof. Suleiman Bala-Mohammed, Vice Chancellor, NSUK, commended the university’s Department of Business Administration for organizing the conference and urged the department to sustain it as it would be a platform for cross fertilisation of ideas and wider conversations on local and international issues.

Advertisement

He also urged participants to brainstorm and come up with policy recommendations on how to rejuvenate the real sector in Nigeria.

Mr John Mamman, Nasarawa State Commissioner for Education, however, told NAN that he expected the outcome of the conference would change the narratives because the real sector, according to him, is the driver of the economy.

“The manufacturing, construction, engineering and others are the real movers of the economy. Once we get it right from the drivers of the economy, other sectors will also be impacted positively,” he said.

Headline

Refineries Are Not Created To Reduce Fuel Price– Kyari

Published

on

Forty eight hours after being summoned by the Senate, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has now appeared before the joint committee on appropriations.

The Senate had issued a 24-hour ultimatum on Wednesday to the NNPCL boss after an observations that he had in previous occasions, shunned summons by the Senate to appear before its ad-committee probing over 11 trillion naira expenditure on turn around maintenance of refineries in the country between 2010 and 2023.

Responding to questions by the senate committee on appropriations on the potential drop in pump price of petroleum owing to the expected functionality of refineries, Kyari clarified his comment after he was interrogated again. He explained that it might be possible to have a reduction, but it is not the main objective of the refineries.

He buttressed that maintaining the energy security target has fostered the confidence that in 2024, Nigeria will become a net exporter of petroleum products.

The NNPCL boss affirmed that no subsidy is charged to the federation, adding that the NNPC has contributed 4.45 trillion naira as direct revenue into the federation in a combination of taxes, royalties and dividends and paid 406 billion naira as dividend to Federal Government’s account from July 2023.

Advertisement

According to him, Nigeria does not have credible data for PMS consumption in the country because of the absence of the instrument to measure.

The Chairman of the Senate Appropriation Committee, Senator Adeola Olamilekan, had on Wednesday, directed Kyari to appear before the committee in 24 hours.

Olamilekan, who asked Kyari to appear in company of the Executive Secretary of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), warned that failure to appear undermines the legislature and sabotages the process.

They are required to present the list of all individual companies operating with OML licenses in Nigeria as well as total production output approved on a daily basis.

The lawmaker expressed concerns that some of the revenues required to drive the 2024 budget was attributed to the NNPCL, which according to him, was owned by the Federal Government and responsible to it, and by extension the three arms of government.

Advertisement
Continue Reading

Headline

DSS To Start Using Weapons Produced By Personnel – Bichi

Published

on

The Department of State Services (DSS) said on Saturday it will soon unveil weapons produced by its personnel.

This was disclosed by the DSS Director General, Yusuf Bichi, at the graduation ceremony of the Executive Intelligence Management Course (EIMC) 16 participants in Abuja, the nation’s capital.

According to him, the DSS will soon begin to “produce what it eats and eat what it produces.”

Among the weapons the Secret Service will soon unveil are Unmanned Aeriel Vehicles (UAVs), he stated.

Bichi also assured that the agency will continue to support the National Institute for Security Studies to succeed in its quest to impart knowledge that will enhance security in the country.

Advertisement

He charged the participants to utilise the skills they have acquired to develop the country, urging Nigerians to remain patriotic and shun those whom he described as warmongers who want to set the country on fire.

Also at the event is the Vice President, Senator Kashim Shettima.

The Executive Intelligence Management Course (EIMC) 16 commenced in February 2023 with 89 participants drawn from 35 agencies across Nigeria and four other African countries, namely, Niger, The Gambia, Rwanda and Chad.

Three participants lost their lives during the period, leaving 86 participants who graduated on Saturday.

Advertisement
Continue Reading

Facebook

Trending