A bipartisan group of members from the U.S. House of Representatives called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law in November around the definition of “broker.” In a Wednesday letter, House Financial Services Committee ranking member Patrick McHenry and ten other representatives urged Yellen to reference the Keep Innovation in America Act to “ensure that any future guidance” in the November infrastructure bill would provide “the necessary clarity to the digital asset ecosystem.” In addition to the reporting requirements, the lawmakers said that the Treasury Department should narrow the scope of the information a broker can capture, as it would risk “the creation of an unlevel playing fie...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to ensuring effective stewardship of the nation’s hydrocarbon resources to guarantee energy security and drive wealth creation in Nigeria. The Group Managing Director of NNPC, Mallam Mele Kyari, made this assertion while delivering the keynote address at the 2021 Nigeria Oil and Gas Conference and Exhibition (NOG 2021) on Tuesday in Abuja. Speaking on the topic: “Vision and Priorities for Nigeria’s Energy Transformation,” Mallam Kyari stated that for a nation with a teeming youth and a developing economy, Nigeria needed the right policies to unlock its huge economic potential, stressing that NNPC was working towards bridging the energy gap to multiply wealth for its varied stakeholders. “We see a nation that m...
The Federal Government has expressed plans to create a reorientation programme aimed at engaging the youth in skills acquisition to address oil and gas infrastructure vandalism. The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, stated this at a Town Hall Meeting on “Protecting Oil and Gas Infrastructure” on Monday in Abuja. Newsmen report that the town hall meeting was organised by the Federal Ministry of Information and Culture. Akpabio said that the programme would be targeted at the pupils and students of primary and secondary school across the nine states in Niger Delta. He explained that the Federal Government was currently meeting with stakeholders, traditional rulers, youth groups and all others from one state to the other. “We are setting up skills acquisition centres, we...
The Peoples Democratic Party (PDP) has congratulated Gov. Godwin Obaseki of Edo State as he marks his 64th birthday. The party, in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja on Thursday described Obaseki as a courageous leader. He also described him as a brilliant technocrat, highly resourceful and ingenious administrator. The party spokesman said that Obaseki had continued to exhibit an exceptional commitment towards the unity, stability and development of not only Edo State but the nation at large. Ologbondiyan said that the PDP was proud of the outstanding achievements recorded by Obaseki in the development of Edo State, particularly in the critical sectors, in line with the manifesto of the party. The sectors, according to him, include infrastructur...
Mr Femi Gbajabiamila, Speaker of the House of Representatives, has applauded Chief Chinedu Ogah, representing Ezza South/Ikwo Federal Constituency, for delivering democracy dividends to his constituents. The Speaker made the commendation on Wednesday at Ekpelu community in Ikwo local government area while inaugurating constituency projects attracted by Ogah. The Speaker, represented by Mr Abdulkadir Babayali, said that the lawmaker has demonstrated uncommon love, uncommon will and uncommon wisdom in attracting the projects which he said would enhance the living conditions of the people. He added that the lawmaker had demonstrated effective representation through the provision of many life changing infrastructure and other development projects for the people. The Speaker urged the people to...
House member: Lai Mohammed destabilizing Kwara, destroying APC
The All Progressives Congress (APC) lawmaker representing Offa/Oyun/Ifelodun Federal Constituency of Kwara State at the National Assembly, Hon Tijani Kayode Ismail, has accused the Minister of Information and Culture, Alhaji Lai Mohammed, of destabilizing the state and destroying the party. Ismail spoke at a press conference in Ilorin on Wednesday in reaction to the recent comments by the minister. According to him, “There were crises before the party’s primary election and after the emergence of party candidates, I could remember when Alhaji Lai Mohammed made attempt to replace the names of some candidates. “He personally told me to step down for Gbenga Power which I resisted and he later sponsored Gbenga to challenge my victory in Court. Thank God, I came out victorious. “Alhaji Lai, as ...