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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...

CNG: Northerners should be wary of Yayaha Bello, Femi Fani-Kayode

The Coalition of Northern Groups, CNG, has said that Kogi State governor, Yahaya Bello, and Chief Femi Fani-Kayode, fooled the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria, AUFCDN, to suspend its strike action and resume supply of food items to the South. It also said northerners should be wary of the duo, who it accused of being driven by personal interests and not the interest of the North. The leading northern group said this in a statement by its spokesman, Suleiman Abdul-azeez, made available to newsmen today. The statement reads: “The Coalition of Northern Groups CNG is of the view that the conclusion to suspend strike action embarked by the cattle and foodstuff dealers under the aegis of the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) was fo...

Police promotion: PSC insists no zone is marginalised

File Photo The Police Service Commission has reiterated that no part of Nigeria has been deliberately shortchanged in the promotion of officers of the Nigeria Police Force. This was disclosed in a statement on Wednesday by Ikechukwu Ani, Head, Press and Public Relations of the commission. He said the Commission was aware that promotion in the Police Force is guided by defined rules and regulations that have nothing to do with ethnic or religious considerations. The statement read in part, “The Commission wishes to state that it has since sanitized the processes of recruitment, promotion and discipline in the Force and has ensured that these processes are also governed by established rules and regulations. “It is on record that the Commission has contributed in ensuring sanity in the recrui...

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...

Senator Saraki urges President Buhari to include opposition, others in fight against insecurity

A former Senate President, Dr Bukola Saraki, on Tuesday, called on President Muhammadu Buhari to include opposition parties and the international community in the fight against insecurity in Nigeria. He spoke with newsmen shortly after he met with a former President, Chief Olusegun Obasanjo, behind closed doors at his penthouse residence located within the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun State. Saraki, who is the Chairman of the Peoples Democratic Party (PDP) Reconciliation and Strategy Committee, was joined in the meeting by former Governors, Ibrahim Dankwanbo (Gombe), Olagunsoye Oyinlola (Osun), Liyel Imoke (Cross River), Ibrahim Shehu Sema (Katsina) and former Majority Leader, House of Representatives, Mulikat Akande Adeola. Speaking after about two hours c...

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...

Senate president votes in Yobe council elections

Earlier on Saturday, President of the Senate, Ahmad Ibrahim Lawan, voted in the Local Government election taking place across Yobe State. Lawan arrived his Katuzu ward polling unit in Gashua, Bade Local Government Area and immediately proceeded to the polling booth where he voted for the chairmanship and councilorship candidates of his choice. Speaking shortly after the vote cast, the Senate President advised that local government councils across the country should be administered by elected representatives whose primary responsibilities are to advance the interest, and ensure the welfare of people at the grassroots. While commending the Governor of Yobe State, Mai Mala Buni, for complying with the provisions of the Constitution in recognizing the importance to have local government electi...

Bauchi deputy speaker asks Benue governor to apologise to Bauchi people

Following the statement by the Governor of Benue State, Mr. Samuel Ortom describing his counterpart in Bauchi State, Senator Bala Mohammed as a terrorist, the Deputy Speaker of the Bauchi State House of Assembly (BAHA), Hon. Danlami Ahmed Kawule, who is also representing Zungur/Galambi Constituency has urged Ortom to apologise to the people of Bauchi State for making the alleged derogatory statement. The Deputy Speaker who stated this yesterday during an interview with journalists in Bauchi, said that the citizens of the state as well as the Peoples Democratic Party (PDP) in the state are not happy over the strain in relationship between the two PDP governors who are supposed to be working towards the unity of the nation. He maintained that leaders in the country should refrain from making...

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...

Abia government reacts to attack on police station, places N1 million bounty on information leading to recovery of arms

Abia State Government has reacted to yesterday’s attack on Abayi police station in which two policemen were killed and arms carted away by gunmen. The state government is also placing a N1m bounty on anybody who will give infornation to the recovery of arms looted by the hoodlums. To further checkmate criminal activities in the state, Government imposes a ban on Keke/Okada operations between 7pm and 7am in all major cities of the state starting from yesterday. A statement by the commissioner for Information, Chief John Okiyi-Kalu said her attention was “drawn to a mindless and cowardly attack on a police station in Aba by yet to be identified armed hoodlums in the early hours of today (Tuesday), leading to loss of precious lives and carting away of arms and ammunition. “We wish to assure m...

Gombe governor suspends Mai Tangale selection process

Gombe State governor, Muhammadu Inuwa Yahaya, has suspended all proceedings leading to the selection of a new traditional ruler of Tangale Chiefdom until peace is fully restored to the troubled area which has seen days of violent protests. This follows confirmation by the state’s commissioner of Police, Maikudi Shehu confirmed that three persons have been killed during the crises. The police commissioner who spoke when the governor led some members of the government on assessment tour of the destruction of lives and property in Billiri local council area said: “So far we have arrested 10 suspects and we are still counting. About three people died during the cause of incident.” Meanwhile, governor Inuwa Yahaya during statewide broadcast yesterday shortly after returning from Billiri that th...

Official: Why Imo government invited soldiers to Orlu

The Imo State Government has declared its support for the “ongoing military operation” in Orlu Local Government Area of the state. There were apprehensions in Orlu a few days ago when a military helicopter flew at low level in the area. Channels TV quoted the Attorney General of Imo State, Cyprian Akaolisa, as saying the operation, which was conducted jointly with the police, was aimed at “clearing camps” said to have been built by the Eastern Security Network, a security arm of the pro-Biafra group, IPOB. Akaolisa, who briefed reporters on Friday in Owerri, said the Nigerian Army was invited to Orlu by the Imo State Government. He said “the state government got intelligence that IPOB was planning an attack against the Orlu people and the government, under the pretext of looking for herder...