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...
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win. Bruno Fernandes’ penalty and Luke Shaw’s strike saw United triumph 2-0 at the Etihad, ending City’s run of 21 straight wins in all competitions. The result denied City the chance to go 15 points clear at the top and moved United ahead of Leicester into second but they remain 11 points adrift of Pep Guardiola’s side with just ten game to play. “We just take one game at a time,” Solskjaer said. “City are too far ahead for us to think we can catch them. Last year we caught 15 points up on Leicester, but City are a different proposition. “Even today they put us under so much pressure you could see we were playing against a ve...
Patrick Achi, secretary general to the presidency of the Ivory Coast, was appointed Monday interim prime minister while the country’s premier, Hamed Bakayoko, is in Europe receiving medical treatment, the president’s office said. “State minister Patrick Achi will take over the functions of prime minister and head of government in an interim capacity,” the presidency said in a statement. Tene Birahima Ouattara, presidential affairs minister and the younger brother of President Alassane Ouattara, was appointed interim defence minister, also replacing Bakayoko in that position. Bakayoko, 56, travelled to France on February 18 for health reasons and has just been transferred to a hospital in Germany, a source close to the presidency told AFP, without specifying exactly when. The nature of Baka...
The Central Bank of Nigeria (CBN), Maiduguri branch, on Monday donated relief items worth Millions of Naira to the Internally Displaced Persons (IDPs) in the State. Presenting the Items, Alhaji Lawan Tijjani Kanuriyana, the CBN Maiduguri Branch Controller, said that the gesture is to support displaced families at this critical time of needs. Kanuriyana said that that the items which included 300 bags of rice, 151 cartons of Indomie, 20 cartons of maggi, 31 cartons of tomatoes, 151 cartons of spaghetti, 150 bags of semovita, 20 cartons of vegetable oil and 11 cartons of salts would be given to the IDPs. Responding, Hajiya Yabawa Kolo, the Director General of State Emergency Management Agency (SEMA), lauded the bank for the donation, noting that it would go a long way to providing succor to ...
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...
Ole Gunnar Solskjaer has downplayed suggestions his side have reignited the Premier League title race after ending Manchester City’s 21-match winning run with a stunning 2-0 derby victory. Bruno Fernandes and Luke Shaw struck early in each half at the Etihad Stadium as United inflicted a first defeat on their rivals since November. The result cut City’s lead over United at the top of the Premier League to 11 points and, while it may be a stretch to suggest the title race has been reignited, it has slowed what was looking like a procession. Solskjaer stopped short of claiming the victory will act as a springboard to catch City in the title race this season, telling Sky Sports: “We just take one game at a time; City are too far ahead for us to think we can catch them. Last year we caught 15 ...
The Peoples Democratic Party, PDP, has said the peace, harmony and unity of purpose that characterized the conduct of its zonal congresses in the North-East and South-East geo-political zones last recently Friday and Saturday, is an indication of its readiness to take over the leadership of the country. The national publicity secretary of the party, Kola Ologbondiyan, stated this yesterday in a chat with newsmen in Abuja. According to him, “the peaceful conduct of its zonal congresses shows the sharp contrast between the PDP and the All Progressives Congress, APC whose activities are always enmeshed in selfish contestations, lust for power, bloody clashes and overheating of our national polity.” The statement continued: “The harmony in the PDP as one indivisible family is a direct product ...
Pioneer National publicity Secretary of the People’s Democratic Party, PDP, Senator Anietie Okon has expressed concern that President Muhammadu Buhari-led administration is handling insurgency and banditry in the northeast and north-west with kid gloves. Okon who is also the Spokesperson of Akwa Ibom Leaders Vanguard, made the assertion yesterday during an interaction with newsmen in Uyo, the state capital. He regretted that the same government left the armed bandits, and Boko Haram insurgents destroying lives and property to be moving freely but deployed military forces to the Southeast to descend on unarmed agitators. His words, “It is unfortunate that the Buhari-led Federal government is treating insurgents and armed bandits with kid gloves by leaving them to operate freely on daily bas...
On Air Personality, Ifedayo Olarinde, also known as Daddy Freeze, has said he will appeal a Rivers State High Court ruling that demands he pays the sum of N5 million for adultery. The court gave the ruling against him for having sex with Benedicta Elechi who was still legally married at the time it happened. Reacting to the ruling, Daddy Freeze, in a YouTube video, said it was issued in his absence as he was never served by the court. The OAP said he will head to an appeal court, pointing out that the judgement is not final until it is decided at the Supreme Court. He said, “Many of you would have been surprised as I was to wake up one morning and see a judgement from a Rivers State High Court. Well, the court never served me, so the judgement was obtained in my absence. “What we will do n...
Rivers State Governor Nyesom Wike has said the construction of eight flyover bridges in Port Harcourt alongside other critical infrastructure is in a mark of appreciation to the people of Rivers whom he commended for, in his words, having resisted ‘the Army and other security agencies [when they] tried to rig [the 2019] election’ in the state. Governor Wike stated this at the flag-off of the 802 metres long Orochiri-Wurukwo flyover bridge, made up of a deck span of 315m, north and south side ramps of 238 metres and 249 metres respectively, in Port Harcourt yesterday. ‘Why we are doing this is because you too played a role in bringing us to government. We also have to pay you back,’ the governor stated. ‘Remember during the last election how the Army and other security agencies tried to rig...
RB Leipzig climbed top of the Bundesliga on Saturday with a 3-0 romp at Freiburg to replace previous leaders Bayern Munich, who later host Dortmund in Germany’s ‘Klassiker’. Christopher Nkunku, Alexander Sorloth and Emil Forsberg scored the goals in Freiburg which lifted Leipzig one point ahead of Bayern, who are at home to Dortmund (1730GMT). “That was a mature performance,” Leipzig sports director Markus Kroesche told Sky. “Anything is possible,” he replied when asked if Leipzig can stop Bayern winning a ninth straight league title this season. Leipzig impressed in their final tune-up before facing Liverpool in Budapest next Wednesday in the last 16 of the Champions League having lost the first leg 2-0. Leipzig took the lead at Freiburg after a first-half blunder by home goalkeeper Flori...