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The ding-dong over a legal regime that would reform and make the petroleum industry more transparent and efficient began a homeward stretch Thursday as the Senate passed the Petroleum Industry Governance Bill (PIGB). The bill, when concurred to by the House of Representatives and assented to by the president, would institute a new governance structure in the management of the nation’s oil industry assets and its manager, the Nigerian National Petroleum Company (NNPC). The Senate gave the bill its nod on a day crude oil prices dropped $1.24 a barrel to $52.72 before regaining ground at $53.76 as the Organisation…
Minister of Mines and Steel Development, Kayode Fayemi, on Thursday inaugurated the Board of Solid Minerals Development Fund (SMDF). Mr. Fayemi said the approval for the reconstitution of the Board by President Muhammadu Buhari was a clear indication of the administration’s commitment to fixing the Nigerian Mining sector to become a key contributor to the economy. The minister said at the inauguration ceremony held at the ministry’s conference hall that the inauguration of the board marked an important milestone in the efforts of the present government in repositioning of the Nigerian mining sector. Mr. Fayemi said “as the administration marks…
Friday, 26 May 2017 03:37

FG set to close five foreign missions

The Federal Government has approved the closure of five foreign missions and embassies, Minister of Foreign Affairs, Mr Geoffrey Onyeama said. Onyeama told journalists in Abuja on Thursday that the process for closure was underway and was also subject to the approval of the president. He did not name the affected embassies or missions. “We do not want to indicate the embassies that will be closed yet because we are in the process of submitting the proposals, the cost analysis and also the political analysis we did to the president. “When he sees that, he may or may not want…
US President Donald Trump is known for so many things he claims he does better than any one else in the world. One of those things is that when he locks your hand in a handshake, you may end up seeing your physiotherapist. He grabs the hand so hard, that many people he encountered have had to yell out. Yesterday, however he met his match in Brussels. He is the new leader of France, Emmanuel Macron. He is 39 years old, about 31 years younger to Trump. Macron appeared to have been forewarned about Trump’s grip- handshake, some say, death-grip…
There is anger at the Chapel of Christ the Light, Alausa, Lagos State, after Presiding Chaplain, Venerable Femi Taiwo, was sacked by the Governing Council allegedly on the order of the state Governor, Akinwunmi Ambode. Taiwo got the sack on Monday, May 15, without any query or official reason stated in the sack letter. He was said to have been ordered out of his official quarters where he lived with his wife and two children within 24 hours of receiving the letter. Despite pleadings from church leaders and other reputable elders in the church, the government was said to have…
Friday, 26 May 2017 03:28

Monday is public holiday

The Federal Government has declared Monday, May 29, 2017 as a public holiday to celebrate 2017 Democracy Day. Minister of Interior, Lt. Gen. Abdulrahman Dambazau (retd.), in a statement on Thursday in Abuja congratulated Nigerians for witnessing yet another Democracy Day which marked the second anniversary of President Muhammadu Buhari’s government. Dambazau in the statement by the Director Overseeing the Permanent Secretary’s Office, Alhaji Muhammadu Maccido, assured Nigerians of the government’s continued efforts towards guaranteeing security, revitalising the economy and tackling corruption. Punch 
Funmi Olaitan Governor Abiola Ajimobi of Oyo State on Thursday flagged off the state's Health Insurance Scheme, assuring that his administration was committed to improving health care service delivery of the people. The scheme, which is the first by a state government in the country. The governor lauded the people of the state for their support for his government, noting that the results of his efforts to transform the state are manifesting. He said, “we have taken Oyo State higher than we met it and we need to give back to the society. This insurance scheme is for everyone especially…
Joint Admissions and Matriculation Board, JAMB, yesterday, vowed not to release results of candidates identified in footages of Close Circuit Television, CCTV, to have indulged in unwholesome practices during the just-concluded Unified Tertiary Matriculation Examination, UTME. JAMB Registrar, Professor Ishaq Oloyede, who spoke as guest on a Channels Television current affairs programme, Sunrise Daily, said his agency had been busy in the past days reviewing recorded footages of the examination across the country, and that a number of candidates had been marked out for sanction. Oloyede was responding to a question by one of the anchors of the programme on…
The Senate on Thursday passed the much anticipated Petroleum Industry Bill (PIB) after 17 year of consideration. The bill has been passed as the Petroleum Industry Governance Bill (PIGB). The Bill has gone through 5 sessions of the National Assembly, beginning from the 4th Assembly which was inaugurated in 1999 under President Olusegun Obasanjo. Attempt to pass the bill by the 7th Senate presided over by Sen. David Mark met with a lot of controversy and rejection of certain clauses in the bill which forced the Senate then to drop the bill at the point of passage. However, the passage…
Sultan of Sokoto, Sa’ad Abubakar 111, has urged Muslims in the country to be on the look out for the new moon for the month of Ramadan on May 26. Sambo Wali, chairman, Advisory Committee on Religious Affairs, Sultanate Council, Sokoto, made the call in a statement in Sokoto on Thursday. “This is to inform the Muslim Ummah that Friday, May 26, 2017, is equivalent to 29th day of Sha’aban 1438 AH and shall be the day to look for the new moon of Ramadan 1438 AH,” he said. “Muslims are, therefore, requested to start looking for the new moon…
November 23, 2024

NNPC not delivering quantity of crude oil agreed on, Dangote refinery says

The federal government's plan to sell crude priced in the local currency is faltering, with…
November 24, 2024

PDP governors urge Tinubu to review economic policies amid rising hardship

Governors elected on the platform of the Peoples Democratic Party (PDP) have called on President…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 24, 2024

What to know after Day 1004 of Russia-Ukraine war

WESTERN PERSPECTIVE Putin signs law forgiving debt arrears for new Russian recruits for Ukraine war…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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