BPP AND SON SIGN MOU TO PROMOTE “NIGERIA FIRST” IN PUBLIC PROCUREMENT. (PHOTO).

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BPP AND SON SIGN MOU TO PROMOTE “NIGERIA FIRST” IN PUBLIC PROCUREMENT The Bureau of Public Procurement (BPP) and the Standards Organisation of Nigeria (SON) have signed a Memorandum of Understanding to strengthen the application of Nigerian Industrial Standards (NIS) in Federal Government procurement processes, in support of the Federal Government’s Nigeria First policy. A statement jointly signed by Zira Zakka Nagga, Head of Press and Public Relations (BPP) and  Talatu Ethan, Director Corporate Affairs (SON) indicates that the MoU was signed by both the Director-General of BPP, Dr. Adebowale A. Adedokun, FCIPS, FCILT, ACFE and the Director-General of SON, Dr. Ifeanyi Chukwunonso Okeke, ACTI, FCA, FMSN at the BPP headoffice in Abuja. The MoU establishes a cooperation framework to ensure that goods, works and services procured by Government comply with relevant Nigerian Industrial Standards and encourages the adoption of local content and the use of Made-in-Nigeria products that mee...
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FG STOPS EXPORT OF COOKING GAS TO REDUCE PRICE. (PHOTO)

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 FG stops export of cooking gas to reduce price


The federal government on Thursday, February 23, announced that it has stopped the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas, to reduce the scarcity and soaring price in the country.

Minister of State, Petroleum Resources, Ekperikpe Ekpo, broke the news to reports at the “Internal Stakeholders’ Workshop,” in Abuja.

The theme of the workshop is “Harnessing Nigeria’s Proven Gas Reserves for Economic Growth and Development.”

Asked what the government has done to control the rising cost of domestic gas, he said, the ministry is discussing constantly with critical stakeholders like the Nigerian Midstream and Downstream Petroleum Regulatory Authority and operators such as Mobil, Chevron, and Shell to address the issue.

He explained that once there is a stoppage of the export of locally produced domestic gas, there will be more volume for the domestic market which will automatically reduce the price of the product.

His words: “We are interacting with critical stakeholders to ensure that there is no exportation of LPG.

“All LPG produced within the country will have to be domesticated. And when this is done, the volume will increase and of course, the price will automatically crash.

“I am in contact with the regulation, NMDPRA, we hold meetings almost on daily basis, and the producers such as Mobil, Chevron, and Shell. So there is that hope that things will turn around. We don’t need to make noise about it.”

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