Monday 4 April 2016

Nassarawa State: Governor Al-Makura Donates N20m For Inauguration Of Orange Market

. Umaru Al-Makura of Nasarawa State on Saturday
inaugurated a new multi-million naira vegetable and
grocery market (Orange market) at Mararaba, Karu Local
Government Area.
Al-Makura, while inaugurating the over 4,000 shops market,
lauded the traders in the popular 'Orange' market, recently
gutted by fire for taking the initiative of building the new
market christened "TA'AL community market."
The Governor decried the incessant fire disasters,
congestion and criminal activities in the old market.
He said that he had promptly directed the issuance of
Certificate of Occupancy and granted waivers on land fees
to the traders in 2015 when notified of their intention to
build the new market.
He said that government had during an inspection visit in
2015, donated N20 million towards the provision of
electricity and drains to make the market more habitable.
Al-Makura said market development was priority policy of
his administration as it would open a new vista of business
opportunity, create jobs and boost revenue generation in the
state.
He said the market would encourage farmers to engage in
the cultivation of perishable fruits and vegetables.
He also announced the donation of additional N20 million
towards the provision of more facilities in the new market.
According to him, government will sink five boreholes in the
market to provide water supply as well as build a medium
size fire station to tackle incidence of fire outbreaks.
He said government would construct a watch tower to
enhance security in the market.
The governor also pledged to ensure weekly evacuation of
refuse from the market through the Nasarawa Urban
Development Board (NUDB) to boost sanitation in the
market.
Al-Makura, therefore, urged other stakeholders to emulate
the traders by complementing government’s efforts at
providing public facilities.
Earlier, Chairman of the new community market, Alhaji Aliyu
Ibrahim, thanked the State Government for the support
towards the construction of the new market.
He said six traders’ association collaborated to reconstruct
the old orange market.
According to him, the new market has 3,000 lock up shops,
over 1,000 open shops and 20 warehouses.
He, however, called for more government interventions
toward the provision of more facilities in the market.

Prices For Petrol And Kerosene Retained: PPPRA

 On the news making the rounds that the agency
would increase the pump-price, Iyoyo urged members of the
public to ignore such rumour, as prevailing market
indicators do not support such. Her words: “PPPRA is
resolutely committed to the sustenance of its reform
initiatives, in order to further guarantee adequate supply of
products nationwide. We therefore assure Nigerians of our
total commitment to service delivery, in the quest to deliver
on our mandate to the people of Nigeria.” She also called on
motorists to desist from panic buying as PPPRA is working
hard with other sister-organizations to ensure that the
current supply and distribution challenges are resolved
within the coming days
The Petroleum Products Pricing Regulatory Agency
(PPPRA) has reiterated that the benchmark retail price of
premium motor spirit (PMS) will remain at N86.00 for the
Nigerian National Petroleum Corporation (NNPC) and
N86.50 for the other marketing companies. The agency also
announced that the Minister of State, Petroleum Resources,
Dr. Emmanuel Ibe Kachikwu, has approved the release of
the second quarter allocations for the supply of premium
motor spirit, commonly known as petrol. In a statement
signed by the Manager Corporate Services, Lanre Oladele,
the agency said NNPC, has 41.73 per cent of the total
allocation, while the rest of the oil marketing companies got
a total allocation of 58.27 per cent. “The agency is retaining
the retail prices of N86.00 for the NNPC, and N86.50 for the
other marketing companies. “The pump price of household
kerosene (HHK) also remains unchanged from what it was
in the last quarter. Therefore, marketers are advised to
ensure that there is no price distortion in their respective
retail outlets,” Oladele said. He said PPPRA would,
however, continue to monitor the global oil market
performance, and come up, at the appropriate time, with
reasonable changes consistent with the newly adopted
price modulation principles. The PPPRA Acting Executive
Secretary, Sotonye Iyoyo, therefore, appealed to all depot
owners to strictly adhere to the prevailing truck-out policy
put in place by the agency, to ensure that petroleum
products get to their designated retail outlets across the
country.
She also warned that adequate sanctions would be
meted out to any depot-owner found to be hoarding
products.

Agriculture: Buhari Invites Denmark To Invest In Solid Minerals And Agriculture

President Muhammadu Buhari has urged Denmark to invest
in Nigeria’s agriculture and solid minerals sector. Buhari
made the appeal in Washington at a bilateral meeting
between him and Danish prime Minister, Mr Lars
Rasmussen, during which he also promised to shrink
Nigeria’s food import bill. He said that the Federal
Government is  determined to significantly reduce the very
high bill for importation of food products to Nigeria and
committed  to the rapid diversification of  Nigeria’s
economy. President Buhari assured the Danish Prime
Minister that the Federal Government will continue to work
in partnership with other countries to further improve
maritime security in the Gulf of Guinea. The President said
that his administration was determined to stop the huge
loss of revenue from crude oil theft and has received
assurances of international support to curb illegal
shipments of Nigeria’s crude oil. Remarking that his country
is a major shipping nation, Mr. Rasmussen thanked
President Buhari for Nigeria’s current efforts to enhance
security in the Gulf of Guinea. He assured the President that
Danes will be very interested in investing in the
development of Nigeria’s agricultural sector if the right
policies and conditions are put in place. “We are quite
experienced in agriculture. It is an area in which we can
cooperate. If you pave the way and remove the obstacles,
we will like to come in,” the Prime Minister told President
Buhari.