OPINION: Nigerian Lawmakers Consider a Petroleum Investment Bill

By John Campbell Nigerian lawmakers are seeking passage of a Petroleum Industry Bill (PIB) that would reorganize the oil industry. Since the establishment of civilian government in 1999 after a generation of military rule, repeated attempts at passing a PIB have been made. But the government, the political class, and the industry’s leaders (foreign and domestic) have never reached a consensus that would make the reordering possible of such a crucial industry. The technical issues are exceedingly complex. Uncertainty around...

DPR Sealed 10 Filling Stations In Taraba State

The Controller, Taraba Field Operation’s Office of the Department of Petroleum Resources (DPR) Mr. Jeremiah Mashat has sealed ten filling stations in Jalingo, Taraba state. He said that the action was to ensure compliance and enforcement for selling the product at the government-approved price, insisted that Marketers must adhere to all regulations governing the downstream sector of the petroleum industry. “We are out to ensure that the public is not shortchanged in the consumption of...

How Insecurity is Inciting High Inflation

The spiraling inflation in Nigeria has been attributed to the awful security situations in some parts of the country, particularly in the north. Worsening insecurity in major food-producing states in the country primarily contributed to the country’s high inflation rate. Inflation has been on the rise for 18 consecutive months. The governor of the Central Bank of Nigeria, Godwin Emefiele made this pointed on Tuesday while presenting the communique from the Monetary Policy Committee (MPC)...

Senate Approves Establishment of National Agricultural Development Fund

ABUJA — The Senate has approved the establishment of the National Agricultural Development Fund for the purpose of providing finance to support strategic aspects of agricultural development of Nigeria. This followed the clause by clause consideration of the report presented by the Senate Committee on Agriculture and Rural Development by the lawmakers during the plenary on Wednesday. According to the News Agency of Nigeria, the chairman of the committee Sen. Abdullahi Adamu had earlier presented...

NiDCOM, NIPC Synergise on Diaspora Investment Incentives

ABUJA — Mrs. Abike Dabiri-Erewa, Chairman, Nigerians in Diaspora Commission (NiDCOM) has emphasised the need for collaboration with the Nigerian Investment Promotion Commission (NIPC) on diaspora investment incentives. This is contained in a statement signed by Gabriel Odu, Media, Public Relations and Protocols Unit of NiDCOM on Tuesday in Abuja. Dabiri-Erewa noted that such collaboration “a necessary step toward for national development. She was quoted as speaking at a strategic meeting with the Executive Secretary...

The non-teaching staff members of Anambra state schools and colleges have taken to the street to demand that government extends their age of retirement from 60 years to 65 years and from 35 years in service to 40 years in service, just as it was done for the teaching staff members of schools and colleges. The group also demanded the full implementation of the minimum wage, as well as payment of outstanding allowances and arias....

Senate Commence Public Hearing On B.Sc and HND Certificates Disparity

Senate Committee on tertiary institutions and TETFUND on Monday commenced a two-day public hearing on bills to establish universities in Nigeria. The Committee will also interact with stakeholders on the proposed bill to get rid of discrimination against B.Sc and HND certificates as well. Senator Ahmad Babba Kaita, Chairman of the Committee, in his opening address, said, Senate was committed to the establishment of Universities in Nigeria for the purpose of even and equitable opportunities....

Fire Guts Katsina Central Market, Goods Worth Millions of Naira Lost

Governor Bello Masari of Katsina state Monday visited the scene of the fire at Katsina Central Market where some sections of the market were razed with hundreds of shops burnt to ashes and goods worth millions of naira lost. It was learned that the inferno started around 8:30 am at a shop and quickly spread to other parts of the market. Masari of Katsina state, who went round the affected sections to see the extent...

Ekiti Government Gives Farmers, Herders Extra Weeks for Registration

Another two weeks of space have been given to farmers and herders in Ekiti state to register under the state government. All farmers and herders in the state have been instructed or risk getting expelled from the state according to a statement issued by the Commissioner for Agriculture and Food Security, Olabode Adetoyi. The state had conducted a two-week registration of farmers and herders in February but not citizens under the stated categories seized the...

OverOne Hundred Physically Challenged Persons In Adamawa To Receive Training In Various Skills

In order to carry physically challenged persons in the scheme of things, Governor Ahmadu Umaru Fintiri of Adamawa State has flagged off the training of one hundred and five physically challenged persons in various skills across the twenty-one local governments in the state. The training programme was organized by the Adamawa State Poverty Alleviation and Wealth Creation Agency, PAWECA in collaboration with the Ministry of Entrepreneurship and Development. Declaring open the training programme at the...

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