Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), is expected to brief the Senate on Thursday on technical aspects of the Petroleum Industry Bill (PIB) 2021. President of the Senate, Ahmad Lawan, disclosed this at Wednesday’s plenary. Lawan said the briefing was to educate senators on the technicalities and financial implications of certain provisions of the PIB. He said the briefing would take place behind closed doors and would last for about an hour. Lawan also said that Thursday’s plenary would be entirely devoted to the consideration of the report. “Before plenary tomorrow, the leadership of the Senate has decided to invite NNPC GMD to come and brief us in a closed session. “The opportunity is for those of us who are not members of the joint commi...
The Federal Road Safety Corps (FRSC), Akwa Ibom Command, on Wednesday said that it would auction all unclaimed vehicles in its custody. In a statement issued by Mr Paul James, the command’s Public Enlightenment / Public Relations Officer said that all vehicles impounded within the last six months and unclaimed would soon be auctioned. James said the corps reserved the right to invoke relevant sections of the law to auction any impounded vehicles not claimed after six months. He said traffic offenders offered with offence sheets and their documents confiscated and vehicles impounded should claim their vehicles or be auctioned. “Consequently, traffic offenders who are issued with notice of offence sheet, either have their documents confiscated or vehicles impounded to secure payment of their...
The Peoples Democratic Party has cautioned the Governor of Zamfara State, Bello Matawalle, members of the Zamfara State House of Assembly, and those of the National Assembly from the state against defecting to the All Progressives Congress. Newsmen reported that Matawalle will dump the PDP for the APC tomorrow. Reacting, the PDP stated that Matawalle defecting to the APC amounts to a decision to vacate office. According to the party, “No law allows him to cross over to any other party with the governorship mandate statutorily given to the PDP through the ballot box.” This was disclosed in a statement titled, ‘Zamfara: PDP Cautions Matawalle, NASS, SHoA Members Against Defection,’ signed by the PDP National Publicity Secretary, Kola Ologbondiyan. It read, “The PDP is watching developments i...
A trader, Salisu Sani, 30, on Thursday appeared in an Upper Area Court in Gwgwalada, FCT, for allegedly cheating a businessman of N76,000. The police charged Sani, who lives in Kwali, FCT, with two counts of criminal breach of trust and cheating. The prosecution counsel, Abudullahi Tanko, told the court that the complainant, Amachi Theophilus, of opposite Rhema Hospital, Kwali, Abuja reported the matter at the Kwali Police Station on April 29. Tanko said that the complainant gave the trader four bags of rice and he sold and converted N76,000 to his personal use. He said that the offence contravened the provisions of sections 312 and 322 of the Penal Code. The defendant pleaded not guilty to the charge. The judge, Sani Umar admitted the defendant to bail in the sum of N80,000 with one reaso...
The Federal Government has directed members of the striking Judiciary Staff Union of Nigeria (JUSUN) and the Parliamentary Staff Association of Nigeria (PASAN) to “urgently” call off their over-two-month-old strike. The Minister of Labour and Employment, Chris Ngige, gave the directive in a statement on Tuesday, threatening that the government might be forced to invoke “sections of the Trade Disputes Acts” if the strike persisted longer. The threat is a government’s familiar warning of possible introduction of “no-work-no-pay” policy to break adamant striking workers. “The ministry will not be happy to be pushed into invoking sections of the Trade Disputes Acts capable of eroding all the gains made so far in the negotiations since May 6, 2021,” the statement signed by the ministry of Labou...
The South South Reawakening Group, has called for the immediate suspension of the ongoing forensic audit of the Niger Delta Development Commission (NDDC), describing it as a “circus of corruption”. Converner of the group, Joseph Ambakederimo, in a statement, urged President Muhammadu Buhari to appoint a board for the NDDC to start a new phase for the development of the region. According to them, it was no longer news that the forensic audit ordered by the President has now been turned into “a circus for mismanagement and misappropriation of public funds to oil the machinery of political interests of a few, while the region and its people continue to suffer the perpetual psychological torture of these buccaneers.” The group recalled that the NDDC is still presently being run by an interim s...
File Photo The Securities and Exchange Commission has directed all existing investment crowdfunding portals/digital commodities investment platforms to note the requirements and eligibility criteria for raising funds through and/or operating a Crowdfunding Portal and comply with the registration requirements or cease operations by the 30th of June, 2021. This was contained in a notice released by the Commission on Wednesday. According to the SEC, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021, which was part of efforts by the Commission to ensure investor protection while encouraging innovation in the conduct of securities business. “In line with the transitional provisions of the Rules, all persons/entities operating an investment cr...