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...
The Economic Community of West African States (ECOWAS) Vaccine Taskforce has recommended compensation for citizens who suffer side effects or injury from the COVID-19 vaccination. Professor Stanley Okolo, the Director-General of the West African Health Organisation (WAHO), disclosed this at the 5th Regional Steering Committee meeting of the Regional Disease Surveillance Systems Enhancement (REDISSE) project on Saturday in Abuja. Okolo said that the recommendation was one of the resolutions adopted by the taskforce and presented to the ECOWAS Ministerial Coordinating Committee to encourage citizens to receive the vaccine. He explained during the REDISSE virtual meeting that the issue of indemnity was being taken up by the COVID-19 Vaccines Global Access, the global initiative aimed at equit...
Former Senate President Bukola Saraki has called for a stakeholders meeting to find solution to the problems of insecurity across the country. Saraki made the suggestion in Minna, Niger State on Friday while fielding questions from newsmen after leading the Peoples Democratic Party (PDP) National Reconciliation and Search Committee to former President Ibrahim Badamasi Babangida at his uphill residence. “It (insecurity) is of great concern to all of us as I have always said it is a matter that should not just be left to the government. “It is a matter that both the ruling party, opposition and elder statesmen should all meet and contribute to find solution to the problem so that we can successfully address the problem,” Saraki said. On the mandate of the committee, the former Senate Preside...
The National Security Adviser, Maj. Gen. Babagana Monguno (Retd) and all the seven governors from the North-West region of the country have scheduled a town-hall meeting for Monday in order to address growing insecurity in the region. It was gathered that the meeting, which will hold in Kaduna, was convened on the heels of recent disagreements among some of the governors which border on whether to give amnesty to bandits or not. Newsmen report that Kaduna State Governor, Nasir El-Rufai said that his administration was at war with bandits and so cannot negotiate with them. The governor, in an interview with BBC Hausa radio as monitored on Monday, also ruled out the issue of forgiveness and compensation for bandits being advocated by the state based Islamic Scholar, Dr Ahmad Gumi. But Kano S...
In view of the security challenges confronting the nation, the Federal Government is set to convene town hall meetings in the six geo-political zones. Government is expected to confer with state chief executives, religious leaders, women and youth groups in a bid to find lasting solutions to the spiralling, multiple security threats in the country. A statement issued by the Office of the National Security Adviser (ONSA) said the move was in furtherance of Federal Government’s commitment to address multiple security threats facing Nigeria. It said the National Security Adviser (NSA), Major General Babagana Monguno (rtd) convened a meeting of the General Security Appraisal Committee (GSAC) on 11th February, 2021. The meeting, which was attended by the service chiefs and heads of law enforcem...
The Senate said the National Assembly Committees on Public Account would probe the allegation of misappropriation of N4.4bn by the federal parliament, as contained in an audit report. The Deputy Director of the Socio-Economic Rights and Accountability Project, Kolawole Oluwadare, had in a statement alleged that an audit report revealed that the fund budgeted for the National Assembly, was misappropriated. SERAP has therefore given Messrs Ahmad Lawan and Femi Gbajabiamila, President of the Senate and Speaker, House of Representatives, respectively, 14 days ultimatum to address and implement the recommendations contained in the audit reports. But the Chairman, Senate Committee on Media and Public Affairs, Ajibola Basiru, in his reaction said the alleged infractions occurred during the 8th Na...