The Minority Caucus in the House of Representatives Tuesday described the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery as a huge scam and a ploy by unscrupulous elements to siphon public funds. The Federal Executive Council (FEC) had recently at its virtual meeting presided over by President Muhammadu Buhari approved $1.5 billion for the rehabilitation of the refinery. But, the caucus in a statement by its Leader, Hon. Ndudi Elumelu, while rejecting the amount, said the figure is outrageous and heavily inflated, demanding an immediate review of the cost. The lawmakers noted that while they are in support of any genuine effort to bridge energy deficit in Nigeria, such should not be used as a ploy by corrupt individuals to fleece the nation. The caucus called...
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...
RB Leipzig boss Julian Nagelsmann has emerged as the likely candidate to replace Jose Mourinho, should Tottenham’s current slump continue. Spurs began the season in excellent form and even topped the table as recently as early December, yet just a few months later, Mourinho’s men find themselves 23 points behind leaders Manchester City and with a real job to do to secure a top-four spot. Their defeat to London rivals West Ham United on Sunday means they are now nine points behind the Hammers in fourth, albeit with a game in hand on David Moyes’ side. Despite a late rally in that game, inspired by half-time substitute Gareth Bale, Tottenham’s defensive woes once again came to the fore, the centre-back pairing of Eric Dier and Davinson Sanchez looking particularly shaky in recent weeks. With...
RB Leipzig boss Julian Nagelsmann has emerged as the likely candidate to replace Jose Mourinho, should Tottenham’s current slump continue. Spurs began the season in excellent form and even topped the table as recently as early December, yet just a few months later, Mourinho’s men find themselves 23 points behind leaders Manchester City and with a real job to do to secure a top-four spot. Their defeat to London rivals West Ham United on Sunday means they are now nine points behind the Hammers in fourth, albeit with a game in hand on David Moyes’ side. Despite a late rally in that game, inspired by half-time substitute Gareth Bale, Tottenham’s defensive woes once again came to the fore, the centre-back pairing of Eric Dier and Davinson Sanchez looking particularly shaky in recent weeks. With...
Sen. Smart Adeyemi (APC Kogi), has called on the Federal Government to provide a bailout fund of N50 billion for airlines operators in the country. The post Senator Adeyemi advocates N50 billion bailout fund for airline operators 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.