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Okowa Tasks FG On Rising Cost Of Cooking Gas

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File copy: Dr. Ifeanyi Okowa

Delta State governor, Dr. Ifeanyi Okowa, has called on the Federal Government and relevant policy makers to initiate steps towards reducing the rising cost of Liquefied Petroleum Gas (LPG) in the country.

The governor made the call at a two-day LPG sensitisation and awareness campaign organised by the National LPG Expansion Implementation Plan, Office of the Vice President in conjunction with the State Government on Monday in Asaba.

He said that the theme of the campaign “Stimulating Delta State Socioeconomic Growth Through LPG Adoption And Expansion” was apt as the world moved towards greener sources of energy.

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This, according to him, is because of the adverse effects of fossil fuel on the environment.

Okowa, represented by his Chief Economic Adviser, Dr Kingsley Emu, said stakeholders must work to reduce the rising cost of LPG if the objective of the National LPG Expansion plan was to be realised.

READ ALSO: Fish Out Killers Of Our Brother, IYC Urges Buhari, Okowa

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He thanked the Office of the Vice President for choosing Delta as one of the pilot states for the public enlightenment campaign.

“Just recently, world leaders gathered in Glasgow, Ireland, in a Summit (COP-26) to discuss the adverse effects of climate change occasioned by the use of fossil fuels and the need to move towards cleaner energy.

“This makes the adoption of LPG as a transition fuel to greener sources exigent, and Delta State is keen to play a vital role in this process and will give this awareness programme maximum support,” he said.

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Okowa said that Delta was home to 40 per cent of the nation’s natural gas endowments, hence a large number of oil and gas companies operate in the state.

He said that there were prospects for the establishment of gas processing plants and gas-related industries in the state.

This, the governor said, had implications for employment generation, inclusive economic growth and sustainable development.

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“However, as we adopt LPG as the fuel to drive the socio-economic activities of the economy, we must acknowledge a big challenge currently confronting the populace, the issue of high price of LPG in the market.

“At the rate the price is skyrocketing, LPG is gradually getting out of the reach of the middle class and common man.

READ ALSO: Nigeria Is Plagued By Insurgency, Kidnapping, Okowa Laments

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“The price increase has been linked to several factors including the VAT re-introduction, devaluation of the naira and large importation of LPG vis-a-vis low production locally.

“It is imperative that policy makers find a way to mitigate this upward trend in the price of LPG to give succour to our people, and if the goal of the LPG expansion plan is to be realised,” he said.

Okowa was unhappy with the continuous flaring of gas by most oil and gas companies and urged them to expand their production facility to include the capacity to convert gas to LPG for use.

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He said that this was because of the untapped potential in the LPG market.

The governor called on investors to come into the oil and gas sector and improve the availability of LPG in the market.

He that his administration had carried out significant reforms to create investor-friendly climate in the state, including tax harmonisation, easy access to land and dispute resolution mechanisms to handle conflicts when they arise.

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“As we embrace the use of LPG in every sector of our economy as the source of energy, safety concerns become paramount.

“We cannot forget in a hurry the gas explosion incident at Agbor in January this year, which, sadly, claimed many lives.

“As a government, we have put mechanisms in place to avert similar occurrences and that includes the setting up of a committee to advise the government on guidelines for the establishment of gas plants in the state,” the governor said.

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The Senior Special Assistant to the President on LPG, Mr Dayo Adesina, said Delta State was strategic to the National LPG Expansion plan in view of its contributions to oil and gas development in the country.

He said the Federal Government would procure 10 million gas cylinders and give to marketers for onward distribution to end users which would be exchanged from various homes.

Adesina said there was no reason why anyone should use firewood, kerosene and charcoal for cooking especially when the country was blessed with abundance of gas.

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He commended Gov. Ifeanyi Okowa for setting up four training centres for manufacturing of low emission stove in the state.

Earlier in a welcome address, the State Commissioner for Oil and Gas, Prince Emmanuel Amgbaduba, said the objective of the sensitisation was to display the economic and sustainability plan for adopting LPG for domestic use, power generation, agriculture and transportation amongst others.

He said that the adoption of LPG for clean cooking would mitigate against deforestation, reduce depletion of the ozone layer and boost revenue generation in the state.

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The commissioner commended Okowa for approving an Annual Sensitisation Campaign on Safety for LPG Retailers in the State, with the maiden edition held in 2020.

“By this new vista, oil companies are encouraged to diversify by transforming waste to wealth in place of flaring gas.

READ ALSO: Okowa Recommends What To Do For Nigeria To Develop

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“As the State gets set to embrace the new frontiers that this programme intends to unveil, government is not unmindful of the associated safety hazards especially when not handled appropriately.

“With the establishment of Department of Monitoring and Compliance in the ministry, all hands must be on deck to institute best global practices at keeping every resident of the State safe as we reiterate our resolve to adopt LPG as a transition fuel in the journey towards greener energy,” Amgbaduba said.

On his part, Chairman, Isoko South Local Government Council, Mr Victor Asasa, called for the establishment of gas turbine power plant in Irri to be powered from the gas being flared in the area.

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The event featured paper presentations from stakeholders in the oil and gas sector as well as exhibition of locally produced low emission stoves.

(NAN/VANGUARD)

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Saudi Arabia’s Grand Mufti Is Dead

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The Grand Mufti of Saudi Arabia, Sheikh Abdulaziz, has died at the age of 82.

According to a statement from the Royal Court, the revered cleric passed away on Tuesday morning.

Born in Mecca in November 1943, Sheikh Abdulaziz rose to become one of the most influential religious authorities in the Kingdom.

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He served as head of the General Presidency of Scholarly Research and Ifta, as well as the Supreme Council of the Muslim World League.

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He was the third cleric to occupy the office of Grand Mufti after Sheikh Mohammed bin Ibrahim Al Shaikh and Sheikh Abdulaziz bin Baz.

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In its tribute, the Royal Court said King Salman and Crown Prince Mohammed bin Salman had extended condolences to the Sheikh’s family, the people of Saudi Arabia, and the wider Muslim world.

“With his passing, the Kingdom and the Islamic world have lost a distinguished scholar who made significant contributions to the service of science, Islam, and Muslims,” the statement read.

READ ALSO:Brazilian Jazz Legend, Hermeto Pascoal, Is Dead

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A funeral prayer is scheduled to be held at the Imam Turki bin Abdullah Mosque in Riyadh after the Asr prayer on Tuesday.

King Salman has also directed that funeral prayers be observed simultaneously at the Grand Mosque in Makkah, the Prophet’s Mosque in Medina, and in all mosques across the Kingdom.

The Grand Mufti is regarded as Saudi Arabia’s most senior and authoritative religious figure. Appointed by the King, the officeholder also chairs the Permanent Committee for Islamic Research and Issuing Fatwas.

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Antitrust Trial: US Asks Court To Break Up Google’s Ad Business

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Google faces a fresh federal court test on Monday as US government lawyers ask a judge to order the breakup of the search engine giant’s ad technology business.

The lawsuit is Google’s second such test this year, following a similar government demand to split up its empire that was shot down by a judge earlier this month.

Monday’s case focuses specifically on Google’s ad tech “stack” — the tools that website publishers use to sell ads and that advertisers use to buy them.

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In a landmark decision earlier this year, Federal Judge Leonie Brinkema agreed with the US Department of Justice (DOJ) that Google maintained an illegal grip on this market.

READ ALSO:Google Fined $36m In Australia Over Anticompetitive Search Deals

Monday’s trial is set to determine what penalties and changes Google must implement to undo its monopoly.

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According to filings, the US government will argue that Google should spin off its ad publisher and exchange operations. The DOJ will also ask that after the divestitures are complete, Google be banned from operating an ad exchange for 10 years.

Google will argue that the divestiture demands go far beyond the court’s findings, are technically unfeasible, and would be harmful to the market and smaller businesses.

We’ve said from the start that DOJ’s case misunderstands how digital advertising works and ignores how the landscape has dramatically evolved, with increasing competition and new entrants,” said Lee-Anne Mulholland, Google’s Vice President of Regulatory Affairs.

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READ ALSO:Google Introduces Initiative To Equip 1,000 Nigerian Developers

In a similar case in Europe, the European Commission, the EU’s antitrust enforcer, earlier this month fined Google 2.95 billion euros ($3.47 billion) over its control of the ad tech market.

Brussels ordered behavioral changes, drawing criticism that it was going easy on Google as it had previously indicated that a divestiture may be necessary.

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This remedy phase of the US trial follows a first trial that found Google operated an illegal monopoly. It is expected to last about a week, with the court set to meet again for closing arguments a few weeks later.

The trial begins in the same month that a separate judge rejected a government demand that Google divest its Chrome browser, in an opinion that was largely seen as a victory for the tech giant.

That was part of a different case, also brought by the US Department of Justice, in which the tech giant was found responsible for operating an illegal monopoly, this time in the online search space.

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READ ALSO:Iran Hackers Target Harris And Trump Campaigns – Google

Instead of a major breakup of its business, Google was required to share data with rivals as part of its remedies.

The US government had pushed for Chrome’s divestment, arguing the browser serves as a crucial gateway to the internet that brings in a third of all Google web searches.

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Shares in Google-parent Alphabet have skyrocketed by more than 20 percent since that decision.

Judge Brinkema has said in pre-trial hearings that she will closely examine the outcome of the search trial when assessing her path forward in her own case.

These cases are part of a broader bipartisan government campaign against the world’s largest technology companies. The US currently has five pending antitrust cases against such companies.

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Google Faces Court Battle Over Breakup Of Ad Tech Business

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Google faces a fresh federal court test on Monday as US government lawyers ask a judge to order the breakup of the search engine giant’s ad technology business.

The lawsuit is Google’s second such test this year after the California-based tech juggernaut saw a similar government demand to split up its empire shot down by a judge earlier this month.

Monday’s case focuses specifically on Google’s ad tech “stack” — the tools that website publishers use to sell ads and that advertisers use to buy them.

Advertisement

In a landmark decision earlier this year, Federal Judge Leonie Brinkema agreed with the US Department of Justice (DOJ) that Google maintained an illegal grip on this market.
Monday’s trial is set to determine what penalties and changes Google must implement to undo its monopoly.

According to filings, the US government will argue that Google should spin off its ad publisher and exchange operations. The DOJ will also ask that after the divestitures are complete, Google be banned from operating an ad exchange for 10 years.

READ ALSO:Google Fined $36m In Australia Over Anticompetitive Search Deals

Advertisement

Google will argue that the divestiture demands go far beyond the court’s findings, are technically unfeasible, and would be harmful to the market and smaller businesses.

We’ve said from the start that DOJ’s case misunderstands how digital advertising works and ignores how the landscape has dramatically evolved, with increasing competition and new entrants,” said Lee-Anne Mulholland, Google’s Vice President of Regulatory Affairs.

In a similar case in Europe, the European Commission, the EU’s antitrust enforcer, earlier this month fined Google 2.95 billion euros ($3.47 billion) over its control of the ad tech market.
Brussels ordered behavioral changes, drawing criticism that it was going easy on Google as it had previously indicated that a divestiture may be necessary.

Advertisement

This remedy phase of the US trial follows a first trial that found Google operated an illegal monopoly. It is expected to last about a week, with the court set to meet again for closing arguments a few weeks later.

READ ALSO:Perplexity AI Makes $34.5bn Surprise Bid For Google’s Chrome Browser

The trial begins in the same month that a separate judge rejected a government demand that Google divest its Chrome browser, in an opinion that was largely seen as a victory for the tech giant.

Advertisement

That was part of a different case, also brought by the US Department of Justice, in which the tech giant was found responsible for operating an illegal monopoly, this time in the online search space.
Instead of a major breakup of its business, Google was required to share data with rivals as part of its remedies.

The US government had pushed for Chrome’s divestment, arguing the browser serves as a crucial gateway to the internet that brings in a third of all Google web searches.
Shares in Google-parent Alphabet have skyrocketed by more than 20 percent since that decision.

Judge Brinkema has said in pre-trial hearings that she will closely examine the outcome of the search trial when assessing her path forward in her own case.

Advertisement

These cases are part of a broader bipartisan government campaign against the world’s largest technology companies. The US currently has five pending antitrust cases against such companies.

Continue Reading

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