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Kaura Economic Empowerment Programme (KEEP) In Bogoro and Tafawa Local Governments
Kaura Economic Empowerment Programme (KEEP) In Bogoro and Tafawa Local Governments.
In his efforts to fight poverty, reduce unemployment and create opportunities for his people especially women and youths, Bauchi State Governor Senator Bala Abdulkadir Mohammed (Kauran Bauchi)
empowered over 10, 000 people in Bauchi State.
Starting with Bogoro and Tafawa Balewa LGAs, the Peoples Governor donated many Sharon Motors to ease inter-local government transportation of goods and people in the area.
Gov Kaura also shared numerous tricycles popularly known as Keke Napep to make movement easy and create employment and opportunities for the youths in the local governments.
Gov Bala Mohammed also distributed multiple boxer motorcycles for youths across villages in Bogoro and Tafawa Balewa Local Governments for smooth movements across the villages and helmets.
For empowering women to be productive in the society, the governor distributed numerous sewing machines to women for their economic progress.
Cash of N50,000 each and Kegs of oil were equally used to empower women across the LGAs to be self-reliant and contribute their quota to the economic development of the LGAs
The People’s Governor also gave out
Grinding Machines to women and women groups for their economic development to be more productive in the society.
Indeed Gov Kaura believes in the proverbial saying that it is better to teach someone how to catch fish than giving them fish.
Indeed Gov Bala Mohammed Kauran Bauchi proves to be popular governor that’s committed to serving his people everyday, every time.
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Over $10 Billion Stolen By NNPC, Others In Fuel Subsidy Scam: Reps.
The House of Representatives has alleged that more than $10 billion worth of the nation’s crude has been stolen via fraudulent fuel subsidy claims by the Nigerian National Petroleum Corporation (NNPC) and other industry stakeholders.The parliament has therefore constituted an ad-hoc committee to investigate the petroleum products subsidy regime between 2017 and 2021 by the Nigerian National Petroleum Corporation (NNPC).
This followed the adoption of a motion by Sergius Ogun (PDP-Edo) on the floor of the House on Wednesday in Abuja.
In his motion, Mr Ogun said he was informed that as of 2002, the NNPC purchased crude oil at international market prices, which stood at 445,000 barrels per day.
He added that it was to enable it to provide petroleum products for local consumption, saying he was concerned that as of 2002, the installed capacity of Nigeria’s local refineries stood at 445,000 barrels per day.
However, he said that their capacity utilisation began to nosedive and eventually fell entirely to zero due to the ineffectiveness and alleged corruption of critical stakeholders in the value chain.
The lawmaker said that due to a decline in the production capacity of the refineries, NNPC found it more convenient to export domestic crude in exchange for petroleum products on a trade by barter basis.
According to him, the component cost in the petroleum products subsidy value chain claim by the NNPC is highly over-bloated.
Mr Ogun claimed that the transferred pump price per litre, used by the NNPC in relation to PPMC, was under-quoted as N123-N128 instead of N162-N165.
He said that the fraudulent under-reporting of N37-N39 per litre, translated into more than N70 billion a month, or N840 billion naira a year.
Mr Ogun expressed worry that the consumption rate of petrol was 40 million to 45million litres per day, adding that the NNPC used 65 million to 100 million litres per day.
According to him, the subsidy regime has been used by the NNPC and other critical stakeholders to subvert the nation’s crude oil revenue to more than $10 billion.
Mr Ogun said records showed that as of 2021, over $7 billion of 120 million barrels was diverted.
The lawmaker added that subsidy was charged against petroleum product sales in the books of NNPC and against crude oil revenue in the books of NAPIMS, to the tune of more than N2 trillion.
Source:- Peoples Gazette
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Adam umar Bello
June 30, 2022 at 2:29 pm
I want to register for kaura economic empowerment project and this is my number 07068574527