The Nigerian National Petroleum Corp renewed Oil Mining Lease 118 with the local subsidiaries of Shell, Total, Exxon and Eni for another 20 years, the West African country’s state oil firm said in a statement on Tuesday. The deal signals the end of “long-standing disputes over the interpretation of the fiscal terms of the production-sharing contracts” between the investors in the field, the statement said. The Nigerian government will immediately recognise revenues of $780 million from the signing of the agreement, “while it would also free the parties from over $9 billion in contingent liabilities,” the statement said. The deal was signed between NNPC, Shell Nigeria Exploration and Production Company, Total Exploration and Production Nigeria Limited, Esso Exploration and Production Nigeri...
South Sudan will return 72 000 doses of donated Covid-19 vaccines after concluding it cannot administer the jabs before they expire, a health ministry official told AFP on Tuesday. The country received 132 000 doses of the Oxford/Astrazeneca vaccine in late March from Covax, the global initiative to ensure lower-income countries receive jabs, but so far has administered less than 8 000 shots. The rollout has been hampered by vaccine hesitancy and major logistical hurdles in the vast and underdeveloped country of 12 million, which, apart from the pandemic, faces an emergency food crisis and widespread armed insecurity. “There’s a plan to deliver back 72 000 doses to Covax,” Angelo Goup Thon, the head of Covid-19 operations at the health ministry, told AFP. He said the decision was made late...
Manchester United manager Ole Gunnar Solskjaer says Harry Maguire will almost certainly not be fit enough to face Villareal in the Europa League final. Speaking at the pre-match press conference ahead of United’s final Premier League game of the season against Wolves at Molyneux, the boss confirmed the bad news. ‘I’m going to give him until Tuesday night and the last training session, to see if he can be out there — steadily he is improving but we’re going to give him time to heal. ‘He’s walking but it’s a long way from walking to running so, to be honest, I don’t think we’ll see him in Gdansk, no,’ Solskjaer said. The news will come as a bitter blow for the United skipper, who had been ever-present in nearly two seasons of League football since joining the Red Devils from Leicester City. ...
File Photo Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened a nationwide strike over attack on leaders of the Nigeria Labour Congress, NLC including its President, Ayuba Wabba and other Labour leaders during Tuesday’s peaceful protest in Kaduna State as part of the ongoing five-day strike to force the state government to rescind alleged anti-workers policies including the recent mass sack of workers. The thugs had attacked the labour leaders after Governor Nasir el- Rufai left the Power Holding Company of Nigeria, PHCN, adjacent where the workers assembled, with heavily armed security personnel. The armed thugs came in a bus and attacked the Labour leaders with various weapons including stick, bottles, stones and machete. Reacting to the development, NUPENG expres...
Kaduna strike: Northern governors call for calm
The Northern Governors Forum has called for calm and dialogue between Kaduna State Government and organised labour, to resolve the ongoing warning strike by workers in the state. The Chairman of the forum and Governor of Plateau, Mr Simon Lalong, made the call in a statement by his Director of Press and Public Affairs, Dr. Makut Macham, on Tuesday in Jos. He said the forum was concerned of the impact of the strike on the state and its residents following the lockdown of economic activities in the state. The chairman noted that dialogue and negotiations were effective tools of addressing dispute in labour relations. He called for restraint and de-escalation of the situation to enable amicable resolutions. He pointed out that peaceful resolution was only possible when both parties operate wi...