Express News From Nigeria

We will ensure speedy passage of 2016 Budget – Saraki; Petrol to sell for N85 per litre from Jan 1 – Kachukwu; Nnewi gas explosion: Relatives search bushes for victims . . .

APC . Bukola Saraki

We will ensure speedy passage of 2016 Budget – Saraki

Senate President Bukola Saraki on Friday reassured that the 2016 Budget proposal before the two chambers of the National Assembly would be accorded speedy passage to ensure its smooth implementation.

Saraki, who joined other Nigerians to pay Christmas homage to President Muhammadu Buhari at the Presidential Villa, Abuja, gave the reassurance while fielding questions from State House correspondents at the end of the visit.

According to him, the 2016 fiscal policy thrust is a good document aimed at tackling the nation’s problems. The Senate President said, inter alia:

“You know as we said, we are going to work on the budget as quick as possible.

We are conscious of its importance to Nigeria and we are not going to waste time. As soon as we come back, we get down to work and do what we have to do.

It is a good document. It has addressed the major issues, 70 per cent capital and infrastructure. The key issues now are really implementation.

We, as a National Assembly (NASS), will ensure that we get our oversight right.

By and large as a document, it is a good document and I am sure it will not have too much difficulty passing through the National Assembly.

The key issue is implementation to ensure that the bureaucracy does not kill the joy of the implementation of the budget. We will do our part”

– Dr. Olusola Saraki, Senate President

Petrol

Petrol to sell for N85 per litre from Jan 1 – Kachukwu 

he Federal government is set to reduce the pump price of petrol to about 85 or 86 naira per litre.

Minister of State for Petroleum , Dr Ibe Kachikwu who disclosed this during a tour of the Port Harcourt refinery on Christmas Day expressed hope that the new price regime may come on stream January next year.

He said efforts were on to get the refinery to achieve 60 percent production capacity and to supply about 11 million liters of petrol daily.

“If you look at the new PPPRA template that we developed and which I just signed off two days ago, when it is announced you will find out that for now ,and I use the emphatic word of the President for now, the price of the refined product will actually be lower than 87 naira, It will be 85. We will probably announce that in January if the prices hold.

“like I said, we have done a modulation calculation and it is showing us below N87. I imagine that if PPPRA publishes it today, it will become effective immediately. But the 1st of January that is when we are looking at.”

“What that does for you is that its modulating. If it goes up you move up, if it comes down you come down. So we take away the fact of having to go find funds to pay for these subsidies that we cannot afford.

“More importantly we try to be as close to the pump price that we have now as possible,” he said.

Nnewi gas explosion

Nnewi gas explosion: Relatives search bushes for victims

Family members and relations of victims of the gas explosion in Nnewi , yesterday, combed the bushes around the gas plant in search of corpses of their missing relations, even as the Anambra Fire Service has eventually succeeded in putting out the fire.

Some of the relations told Vanguard that they decided to search the bushes because they got information that many people scampered into the bushes while attempting to escape from the scene of the incident.

Meanwhile traditional ruler of Nnewi, Igwe Kenneth Orizu in company of his council of titled Chiefs has visited the scene of the fire incident, a spokesman for the royal father and former Chairman of Peoples Democratic Party PDP Anambra state, Chief Dan Ulasi told newsmen that Nnewi has never experienced such a level of devastation in its entire history.

 He pointed out that the Igwe and his cabinet visited the victims who are recuperating in the hospitals in Nnewi while some other ones in critical conditions have been referred to Enugu.

 The monarch expressed shock that an industrial town like Nnewi does not have a functional Fire Service Station inspite of the strategic importance of the the town to the state in particular and Nigeria in general, urging the government to address the anomaly.

NND | Express News

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