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Minister: PIB will address production sharing contracts issues on gas

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Petroleum Industry Bill (PIB) currently before the National Assembly will resolve the issues under the Production Sharing Contracts (PSC) on gas. Sylva made this known at a National Assembly Public Hearing organised by the Joint Committee on Gas Resources, Petroleum Resources, Upstream and Downstream, on Monday, in Abuja. The hearing was on the topic: “Inclusion of Gas Terms in Production Sharing Contracts by the Nigerian National Petroleum Corporation (NNPC).” He said that issues on gas terms was not captured under the PSC especially with the commercial aspect. “Issues on gas terms was not captured in the PSC because at the time, the offshore was just a frontier territory, today, it is no longer frontier, it is a...

ECOWAS suggests compensation for coronavirus vaccine adverse reactions

The Economic Community of West African States (ECOWAS) Vaccine Taskforce has recommended compensation for citizens who suffer side effects or injury from the COVID-19 vaccination. Professor Stanley Okolo, the Director-General of the West African Health Organisation (WAHO), disclosed this at the 5th Regional Steering Committee meeting of the Regional Disease Surveillance Systems Enhancement (REDISSE) project on Saturday in Abuja. Okolo said that the recommendation was one of the resolutions adopted by the taskforce and presented to the ECOWAS Ministerial Coordinating Committee to encourage citizens to receive the vaccine. He explained during the REDISSE virtual meeting that the issue of indemnity was being taken up by the COVID-19 Vaccines Global Access, the global initiative aimed at equit...

Governors reach decisions on coronavirus vaccine roll-out

The Nigerian Governors’ Forum (NGF) has asked the federal government to take the necessary steps to support logistics and inoculation activities in states to ensure a smooth vaccine roll-out exercise across the country. According to a communique on Friday by Chairman of the Forum and Governor of Ekiti State, Kayode Fayemi, at the end of the 27th emergency teleconference meeting, the governors said efforts must be made to initiate the launch of the vaccination programme in all states from 10th March 2021. Kayode said the Forum received a briefing from the Executive Secretary of the National Primary Health Care Development Agency (NPHCDA), Dr Faisal Shuaib, in the company of the Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Tax Force (PTF) on COVID-19, ...

Senate asked to probe public hearing on medical council bill

The Joint Health Sector Unions (JOHESU), the umbrella body of health workers in the country, has demanded that Senate probe the recent public hearing of the Medical and Dental Council of Nigeria (MDCN) Bill as it accused Chairman of the Senate Committee on Health, Dr. Ibrahim Oloriegbe, of disenfranchising its members. JOHESU Chairman, Comrade Joy Bio Josiah flayed what he called “vindictive and discriminatory” attitude of Dr. Oloriegbe against other medical professional bodies as he gave his constituency, MDC and NMA more time to canvass their views on the contentious bill. “We challenge Oloriegbe and the NMA to produce video and audio evidence contrary to this. The point here is Oloriegbe does not understand the philosophy and basics of running Public Hearings because he pointedly domina...

Facebook to test cutting back on political posts in the News Feed

Facebook plans to test how people respond to seeing fewer posts about politics in the News Feed. Starting this week, Facebook will “temporarily reduce” political posts for a “small percentage” of people in Canada, Brazil, and Indonesia, with a test in the US following some weeks later. The tests will continue for the next few months. The experiment comes in response to feedback Facebook has (somehow just now) heard that “people don’t want political content to take over their News Feed,” Aastha Gupta, product management director at Facebook, wrote in a blog post this morning. The goal is to improve the News Feed by “finding a new balance of the content people want to see.” Gupta says that political content only makes up about 6 percent of the typical News Feed right now in the US. Nonethele...

Research: Nigeria records nearly 30,000 tobacco smoking-related deaths

An Abuja-based Centre for the Study of Economies of Africa (CSEA) has reported that a research it conducted had revealed that 28,876 deaths related to tobacco smoking are recorded annually in Nigeria. Marco Castradori, a research associate with the CSEA, revealed this, on Monday, in Kano, at a report dissemination workshop on the health burden and economic cost of smoking in Nigeria. According to Mr Castradori, the number represents around 16 per cent of deaths from smoking-related diseases and above five per cent of all cases of deaths. “Among the disease analysed, nearly 737,366 events are expected each year, of which 127,859 representing 17 per cent are attributable to cigarette consumption. “In terms of costs, these conditions burden the Nigerian healthcare system with nearly N634 bill...

NNPC seeks $1 billion funding to revive PHC refinery

The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...

Mikel Arteta wants Arsenal transfer European form into Premier League

Mikel Arteta has demanded Arsenal transfer their Europa League form into the Premier League, where he says his side need to start winning matches “immediately”. Goals from Eddie Nketiah, Mohamed Elneny, Joe Willock and Folarin Balogun helped the Gunners ease past Irish side Dundalk 4-2 in Dublin on Thursday to finish top of Group B with a 100 per cent record – the first time they have won six successive European matches since 2005. That fine European form is in sharp contrast to their domestic struggles, where the club have lost six out of their last nine matches to slump to 15th in the table. With the Europa League now finished with until February, Arsenal can focus all their attention on domestic competition, with Arteta stressing the urgent need to pick up positive results, starting wit...

Maritime workers to begin warning strike Monday

File Photo The Maritime Workers Union of Nigeria (MWUN) is to embark on a three-day warning strike from Dec. 7, to protest the deplorable state of access roads to seaports in Lagos State. In a communique it issued on Saturday in Lagos, MWUN said that the situation was no longer tolerable. The communique was signed by the President-General of the union, Mr Adewale Adeyanju, and the Secretary General, Mr Felix Akingboye. It was issued after MWUN’s National Executive Council (NEC) meeting in Lagos. According to the communique, the union had at various occasions drawn the attention of the relevant authorities to the bad roads. It said that the poor state of the access roads had made articulated vehicles to block them, putting other road users through pains of losing man-hours and facing risks ...

Saudi Arabia says it seeks a way to end dispute with Qatar

Commenting on the dispute on Saturday, Prince Faisal bin Farhan Al Saud said Saudi Arabia is continuing to find a way to end the blockade on Qatar, but he added it remains conditional on addressing security concerns. The post Saudi Arabia says it seeks a way to end dispute with Qatar appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.