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The Director-General of the Bureau of Public Enterprises (BPE), Dr Christopher Anyanwu, has said that the Agency is determined to reform the power sector in the country.
In a bid to put to rest the perennial artificial fuel scarcity in the country, the Nigerian National Petroleum Corporation, NNPC, has concluded arrangements with some independent marketers to take over their filling stations in order to sustain steady fuel supply.
Nigerians have been urged to persevere in the face of the ongoing hardship and general insecurity in the country and use the coming elections in 2011 to put in the right leadership that will lift the country from the pangs of poverty.
The past president of the Nigerian Society of Chemical Engineers (NSCHE), Engr. Alex Ogedegbe, has expressed worry over government's plan to deregulate the downstream sector of the economy.
Thirty six state governors, technocrats, academics and industrialists will tomorrow discuss how Nigeria could grow non-oil revenue to fund states and local government councils on a sustainable basis.
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) and the Federation Accounts Allocation Committee (FAAC) have asked the Nigerian National Petroleum Corporation (NNPC) to explain why the country pays $545 million monthly on the Joint Venture Cash Call (JVC) only to get lesser returns.
Trade Union Congress (TUC) sources yesterday revealed to Daily Trust that the union declined a meeting with the Federal Government's team this week to discuss government's plans to deregulate the downstream petroleum sector.
Kano state governor, Mallam Ibrahim Shekarau, at the weekend, called on the Federal Government to create a special agency where the benefits of the subsidy removed from the petroleum sector as a resultof deregulation is used for delivery of democracy dividends to Nigerians like what happened during the military era.
The Federal Capital Territory Administration (FCTA) said it had concluded arrangements with the Directorate of Road Traffic Services (DRTS) to introduce a road tax policy in Abuja.
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