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Expert Commends FG On AKK Gas Pipeline Project

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AKK Gas Pipeline Project

An energy expert, Mr Bank-Anthony Okoroafor has commended the Federal Government efforts on the Ajaokuta- Kaduna-Kano (AKK) gas pipeline project.

Okoroafor in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja said the approval of the project by the Federal Executive Council was a step in the right direction.

NAN reports that the project was approved by FEC in December 2017.

According to Okoroafor, the project will help address the infrastructure deficit map of Nigeria in terms of gas pipelines.

“ This is a 614 km long natural gas pipeline expected to transport 3,500 million metric scf per day of dehydrated wet gas from several gas gathering projects located in southern Nigeria

“ It will result in the establishment of a connecting pipeline network between the eastern, western and northern regions of Nigeria.

“ It will create a steady and guaranteed gas supply network between the northern and southern part of Nigeria by utilising the countries widely available gas resources,’’ he said

He added that the AKK project would reduce the large volume of gas flared annually in Nigeria, boost electricity generation, strengthen the industrial sector, promote and increase the local usage of domestic gas.

Okoroafor said that it would equally help the government to make more money and address some environmental and health issues from gas flaring.

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru recently in Dubai, directed the Chinese Consortium and NNPC Project Team on the project to finalize the term sheet for the project’s contractor financing agreement.

He reiterated the need for both parties to speedily conclude details of the agreement towards its full execution during President Muhammadu Buhari’s state visit to China in September.

The project is expected to be financed by a Chinese consortium made up of Bank of China and Sinosure.

NAN

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Nigerian News

PPPRA Cautions Oil Marketers On Distorting Fuel Price

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PPPRA Cautions Oil Marketers On Distorting Fuel Price

The Petroleum Products Pricing Regulatory Agency on Tuesday cautioned oil marketers against distorting the approved pump price of petrol.

PPPRA secretary Abdulkadir Saidu says the agency is in charge of fixing the price of white petroleum products – petrol and kerosene, the approved cost of PMS at retail filling stations has not changed beyond N145 per litre.

Saidu has also advised oil marketers to ensure that there was no price distortion in their respective retail outlets, adding that PPPRA would continue to carry out its oversight function of monitoring depots and filling stations across the country.

He said this would ensure strict adherence to the regulated price and stop other forms of fraudulent practices at retail outlets.

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Nigerian News

NIM President Calls ON Political Leaders In Nigeria To Reveal Salaries And Allowances

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NIM President Calls ON Political Leaders In Nigeria To Reveal Salaries And Allowances

The president of the Nigerian Institute of Management, Professor Olukunle Iyanda, has called for the disclosure of remunerations of political leaders in the country.

He frowned on the refusal of national assembly members to reveal their salaries and allowances.

Speaking at the nim’s continuing learning and development programme in Abuja, Iyanda accused politicians of elevating themselves above service to the nation.

Iyanda lamented that Nigerian lawmakers are the highest paid in the world; yet, Nigeria is not among the top 10 richest nations.  He said they should not earn more than Federal Permanent Secretaries.

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Nigerian News

Gombe State Government Confirms Death Of 4 Lassa Fever Patients

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Gombe State Government Confirms Death Of 4 Lassa Fever Patients

The Gombe state government has confirmed the deaths of four Lassa fever patients from the 53 suspected cases recorded in the state.

Acting state epidemiologist, Nuhu Bille, has advised members of the public to imbibe the culture of reporting cases of fever to hospitals for adequate action and treatment.

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