Committee
PIB: Rivers governor supports allocation of 10 per cent oil revenue to host communities
Rivers State Governor, Nyesom Ezenwo Wike, has advocated not less than 10 percent fund allocation to host communities in the Petroleum Industry Bill that is still before the National Assembly. Governor Wike said it is also necessary that the bill state in clear terms what specific development projects that the allocated fund should be spent on, so that development of host communities can be truly actualised. The governor gave the charge when the members of the National Assembly Committee on the Petroleum Industry Bill, visited him at Government House, Port Harcourt, on Thursday. Governor Wike stated that oil bearing communities have suffered the loss of their livelihood, good drinking water and their socio-cultural life disrupted because of the insensitivity of the International Oil compan...
Bayelsa governor: 2.5% revenue for host communities ‘unacceptable’ to Niger Delta
Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities. Mr Diri, in a statement by his Chief Press Secretary, Daniel Alabrah, said this on Tuesday during a townhall meeting on the bill with members of the National Assembly in Yenagoa. The governor said the 2.5 per cent revenue proposed for the host communities in the PIB was grossly inadequate and unacceptable to the people of the Niger Delta. He argued that if the National Assembly members saw firsthand the level of environmental degradation and its attendant effects on the people, they would not hesitate to increase it from 10 per cent. Mr Diri stressed that the PIB was critical in addressing issues such as unemployment, lack of tran...
Nigerian government to launch new pricing framework for gas operations
The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector. He was speaking on Friday at the 12th Nigerian Gas Association international conference. Represented by Olasupo Agbaje, a member of NGPE, Ibrahim said Nigeria needs to unlock new frontiers in the gas sector. He said the government is working towards achieving a 40 per cent conversion from petrol to gas for vehicles in the country. “As a nation we are committed to unlocking new frontiers through a combination of policy and technology. In terms of unlocking these frontiers, we find that we need to undertake a pricing framework review that has been concluded and in the next few days, we are going to be having a new...
Kano set to design metro transport master plan
The Kano state Executive Council has approved the constitution of a committee, to design a Strategic Metropolitan Transport Master Plan, in order to regulate the transport system in the metropolis. This is contained in a statement signed by the State Commissioner for Information, Mr Muhammad Garba, made available to newsmen on Friday. It said the development of a Transport Master Plan for the state would strengthen economic growth and development, in line with the megacity goal of the Ganduje administration. Garba, in the statement, noted that the terms of reference of the committee, included a comprehensive mass transit system, to address the current transportation challenges. “It will also identify facilities and services to manage the dynamics of Kano as an emerging Megacity.” the state...
Security: Northern governors, NSA, IGP meet in Kaduna
Governors of the 19 Nothern States and traditional rulers of the region are meeting in Kaduna over security challenges bedeviling the region. Newsmen report that the two-day meeting, which opened on Thursday, is also being attended by Senate President, Ahmad Lawal, Chief of Staff to the President, Prof. Ibrahim Gambari and Information Minister, Lai Mohammed. Others are National Security Adviser, Maj.-Gen. Mohammed Monguno, Inspector General of Police, Mohammed Ibrahim and Director General, State Security Service, Yusuf Bichi. The participants are expected to discuss current security challenges bedevilling the Northern region and youth unemployment. Governors at the meeting, holding at Sir Kashim Ibrahim House, include those of Plateau, Adamawa, Sokoto, Nasarawa, Jigawa and Katsina. Niger, ...
Crypto ban: We acted in Nigerians’ best interest – CBN
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...
Senator Saraki calls for stakeholders’ meeting on solution to insecurity
Former Senate President Bukola Saraki has called for a stakeholders meeting to find solution to the problems of insecurity across the country. Saraki made the suggestion in Minna, Niger State on Friday while fielding questions from newsmen after leading the Peoples Democratic Party (PDP) National Reconciliation and Search Committee to former President Ibrahim Badamasi Babangida at his uphill residence. “It (insecurity) is of great concern to all of us as I have always said it is a matter that should not just be left to the government. “It is a matter that both the ruling party, opposition and elder statesmen should all meet and contribute to find solution to the problem so that we can successfully address the problem,” Saraki said. On the mandate of the committee, the former Senate Preside...
How ICPC is combating corruption in MDAs, stopped diversion of N189 billion personnel cost
File Photo In the past few years, the Independent Corrupt Practices and Other-Related Offences Commission, as part of its statutory mandate, has been conducting systems study and review of ministries and organisations in the federal public service. The overall objective of a system review is reform of the systems and procedures of public agencies with a view to identifying and eliminating, preventing, blocking and obstructing opportunities for corruption. To achieve this, the exercise targets detecting areas of vulnerabilities, actual weaknesses, leakages and corruption risks and to recommend ways of strengthening these systems and removing the discretionary gaps and such opportunities for both individual and institutional malfeasance on public resources. In addition, the review also targe...
How ICPC is combating corruption in MDAs, stopped diversion of N189 billion personnel cost
File Photo In the past few years, the Independent Corrupt Practices and Other-Related Offences Commission, as part of its statutory mandate, has been conducting systems study and review of ministries and organisations in the federal public service. The overall objective of a system review is reform of the systems and procedures of public agencies with a view to identifying and eliminating, preventing, blocking and obstructing opportunities for corruption. To achieve this, the exercise targets detecting areas of vulnerabilities, actual weaknesses, leakages and corruption risks and to recommend ways of strengthening these systems and removing the discretionary gaps and such opportunities for both individual and institutional malfeasance on public resources. In addition, the review also targe...
Senator threatens to join kinsmen in self defence against Fulani herdsmen
Facebook Worried by the seeming helplessness of security agencies to stem the tide of incessant attacks of communities in Yewaland in Ogun State allegedly by Fulani herdsmen, Senator Solomon Adeola (APC-Lagos West) has threatened to join his kinsmen in self defence. The Senator, who made the threat in a statement in Abuja on Sunday, said his action in that direction is being fuelled by the inaction of both the Federal and Ogun State Governments to stop incessant attacks of communities in Yewaland by Fulani herdsmen. Adeola, in the statement signed by his Special Adviser on Media, Kayode Odunaro, said the latest of such attacks were the ones brazenly carried out in Yewa North, Imeko, Afon, Ipokia and Yewa South Local Government Areas two weeks ago, occasioning several deaths and destruction...
Nigerian senate investigates syringe manufacture, importation
The Senate has directed its committees on Health, Trade and Investment and Customs to investigate the manufacture, importation and policy guidelines for syringe and needles in the country. Consequently, the committee is to invite the Federal Ministry of Health, Trade and Investment, Nigeria Customs Service (NCS) and manufacturers of syringe and needles as the committee carries out the investigation. These resolutions were sequel to a motion sponsored by Sen. Ibrahim Oloriegbe (APC-Kwara) and cosponsored by Sen. Sadiq Suleiman (APC-Kwara) during plenary on Thursday. The upper chamber also directed the ministry of health to provide explanation on the policy for the procurement and utilisation of syringe and needles by federally-owned, state and private hospitals and agencies of the ministry....
Senator Saraki: Former governor committed to PDP victory in 2023
Former President of the Senate and Chairman, National Committee on Reconciliation and Strategy of the Peoples Democratic Party (PDP), Bukola Saraki, has said that former governors under the platform of the party are committed to the victory of the PDP in the 2023 general elections. Saraki also said that although the PDP doesn’t make noise about who is joining the party, but many, even those, who left the party are coming back to join the PDP. Addressing newsmen shortly after meeting with the former governors in Abuja, Saraki said, “yesterday we met with one of our former Presidents. Today we are consulting with our former governors who are key stakeholders and leaders in their states. “There is no way we can talk about consultations and unity of the party without consulting them. We have b...