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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
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REA Signs MOU With Mercy Corps For Growth


REA's Managing Director, Abba Abubakar Aliyu

By Favour Ifeoluwa & Akinola Ajibade 

The Rural Electrification Agency (REA) has signed a  Memorandum of Understanding(MOU)  with Mercy Corps to strengthen electricity cooperatives and further improve access to power  in Nigeria. 

The signing took place last week at the Corporate Headquarters of the Agency in Abuja. 

The MoU aims at providing capacity building and strengthening the Rural Electricity Users Cooperative Society (REUCS), Technical Assistance for the Africa Mini-grid Programme – AMP as well as Support in the development of Sustainable Business Model for the Operations and Maintenance of the Korean Energy Project.

The Managing Director/CEO, Abba Abubakar Aliyu while giving his remarks stated that “today’s MoU signing strengthen REA’s drive for sustainability of projects”. He said “There is a need to always plan for the end of projects and to indeed put in sustainable measures that will drive the continuity of the project post completion. At REA, the REUCS is the platform used to ensure this sustainability. This platform ensures operation and maintenance of the projects as well as security of the infrastructure and revenue collection. Mercy Corps through years of expertise under this strategic partnership will help the Agency towards sustaining projects deployed.”

The Country Director of Mercy Corps Nigeria, Ndubuisi Anyawu stated “Today is pivotal for us with this signing with the REA. It is not just a formality but a spark that ignites partnership. We stand firm with REA’s mandate and envision a Nigeria that no matter how remote has access to electricity that powers homes, education, healthcare and social development. This MoU represents a powerful partnership that will mobilize communities to form strong cooperatives that will ensure economic growth. We are honored to partner with REA”

This collaboration signifies the willingness and commitment of the organizations in boosting the socio-economic lives of rural communities in Nigeria through provision of electricity.



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