Framework
Kaduna governor: Bandits have lost rights to life, must be wiped out
Gov. Nasir El-rufai of Kaduna State says bandits terrorising Nigeria have lost their rights to life under the constitution and must be wiped out. El-rufai made this known during a town hall meeting on national security organised by the Ministry of Information and Culture held in Kaduna with theme:”Setting Benchmark for Enhanced and National Unity in Nigeria”. ”The bandits are at war with Nigeria and there is no other way to approach the current insurgency but for security forces to take the war to the bandits and recover forests where they are occupying. “The security agencies mostly react to cases of banditry and abduction, we are in a war with these terrorist challenging the sovereignty of the Nigerian state. “Our security forces must collaborate to take the war to the bandits and terror...
CSOs: Bandit attacks a risk to food security in Nigeria
Bandit attacks heighten risks for acute food crisis in Nigeria, stakeholders from the civil society and the media have said. This is even as they vowed to unite against terror rather than do anything that could promote it. “In addition to displacement, insecurity has hampered agricultural activities and heightened the risk of acute food uncertainty in the country”, they said in a communique issued on Thursday after a meeting of civil society groups and media in the nation’s capital. But they insisted that the adoption of new approaches by the government will address the specific political, economic, and social challenges that encourage banditry and terrorism in the country. The communique co-signed by Gbenga Onayiga and Adamu Ladan, the Acting Chairman and the Executive Director of the Vis...
Port Harcourt DisCo insists NMMP meters not for sale
File Photo The Port Harcourt Electricity Distribution Company (PHED) says it is not selling to customers, meters provided free to electricity users by the Federal Government. PHED’s Acting Manager of Corporate Communications, Mrs Chioma Aninwe, disclosed this in a statement in Port Harcourt on Monday. The Federal Government had in October 2020 introduced the National Mass Metering Programme (NMMP), to eliminate arbitrary estimated bills that were given to unmetered customers by Distribution Companies (Discos). Through the scheme, the Central Bank of Nigeria (CBN) provided financing support to the Discos for the procurement of meters for customers from local meter manufacturers. Aninwe disclosed in the statement that “Our attention has been drawn to a publication alleging that PHED is direc...
APC states reiterate commitment to six months maternity leave
State governments controlled by the All Progressives Congress, have reiterated commitment to implementing a recommendation to grant nursing mothers 180 days (6 months) leave. This was contained in a communique issued after a virtual meeting with the theme: ‘Developing Common Policy Initiatives on Maternal & Child Nutrition Promotion in APC States,’ held by Secretaries to Governments of APC controlled states on Thursday. The communique, which was signed by Alhaji Adamu Fanini and Prof Danladi Atu, the SSGs of Jigawa and Plateau States, respectively, was made available to newsmen in Abuja, on Monday. It read in part, “Because of the significant role parental support plays in the lives of children and the need to enhance the health of nursing mothers, APC States are committed to implement...
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...
NGA chief: Nigeria’s gas reserve can sustain West African market
Nigeria has abundant gas resources which, if harnessed, will meet the energy demand of over 350 million people and the industrial needs in the West African sub-region. According to the newly inaugurated president of the Nigeria Gas Association (NGA), Ed Ubong, “Nigeria, which ranks as the 9th largest gas reserve in the world and clearly the largest in West Africa, needs to develop this resource base and connect the existing local supply and demand with physical and virtual pipeline infrastructure, while also exploring closer integration of roads, seaports and rail infrastructure.” Speaking, at the just concluded NGA’s 12th International Conference and Industry Awards in Lagos last week, Ubong who is also the managing director, Shell Nigeria Gas Limited, however, advocated an improved inves...
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...
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...
INEC intensifies consultation on new polling units
The Independent National Electoral Commission (INEC) has intensified consultations with stakeholders on the creation of new Polling Units (Pus), across the country. The Chairman of INEC, Prof. Mahmoud Yakubu, who held a meeting with the media in Abuja, yesterday, said that existing 119, 973 PUs, created 25 years ago had become grossly inadequate, leading to crisis situations during elections. He said, “Nigeria has a critical problem of voter access to Polling Units. The country currently has 119,973 Polling Units established a quarter of a Century ago in 1996 by the defunct National Electoral Commission of Nigeria (NECON). At that time, the voter population was projected at 50 million. “The voters’ register increased to 84,004,084 by 2019. We envisage that by the next General Election in 2...
DPR to upgrade downstream petroleum sector operations
File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
Nigerian National Assembly spends billions of naira on constitution review
The perennial constitution amendment exercise by the National Assembly is characterised by proposals that keep resurfacing despite gulping billions of naira yearly, an analysis has shown. The federal parliament had from the 5th to the current 9th National Assembly made several attempts to amend some provisions of the 1999 Constitution to no avail. At every session, the parliament officially spends N1 billion shared equally between the Senate and the House of Representatives. There are reports that the lawmakers spend more than what is appropriated for the exercise. While some amendments were successful, several others suffered serial failures but kept appearing in new proposals. Considering the huge spending, lawyers and civil society groups have pointed out that no significant amendments ...