Bayelsa State Govt Faults NNPCL On 13% Derivation Fund. By Chris Mark. State

The Bayelsa State Government has faulted the way 13% derivation fund is been shared by the Nigerian National Petroleum Company Limited (NNPCL).saying as a limited liability company, it was supposed to produce, sell the product, while distribution of the derivation will only come from dividends. The Technical Adviser to Governor Douye Diri on Treasury and…

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Pipeline Infrastructure Nigeria Limited (PINL) Move To Curb Illegal Oil Bunkering-Receives Commendation From Host Communities. By Chris Mark

The Rumuekpe Trans Niger Pipelines Host Communities have commended Pipeline Infrastructure Nigeria Limited (PINL) for its effective fight against illegal oil bunkering activities in the area. Rumuekpe is in Emohua Local Government Area of Rivers, Nigeria, with seven communities. It hosts Shell major manifold and the LNG gas trunk line. The Host Communities made the…

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Osun govt partners Fidelity Bank, others to empower 600 jobless youths. By John Dike

Osun State Government has partnered with Fidelity Bank, Wootlab Foundation, Microsoft, UNDP, SMEDAN and BOI to setup a MSME Clinic (OSUNPRENEUR) to empower 600 Youths across its Local Government Areas. Hon Kehinde Ibitoye, Osun State Focal Person on Social Intervention Programs(SIP) , made this known in a statement on Monday. “In line with Governor Ademola…

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Famine looms, Ondo agric stakeholders caution FG. By Binta Haroon

Ondo State Agricbusiness stakeholders have called on the federal government to address critical areas that require urgent intervention for food security to avoid famine in the country. The Senior Special Assistant to the Ondo State Governor on Agric and Agric business, Pastor Akin Olotu stated this while addressing newmen in Akure recently.The stakeholders which included…

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Finance Minister, Attorney General To Appear Before Reps Over $2.4bn Undeclared Crude Oil Sales. By Saheed Badmus

Finance Minister, Attorney General To Appear Before Reps Over $2.4bn Undeclared Crude Oil Sales …As Members Vow To Protect Whistle Blower, Pass Protection Bill The Nigerian House of Representatives Adhoc committee investigating the ‘Alleged Loss of Over $2.4 Billion in Revenue from Illegal Sale of 48 Million Barrels of Crude Oil Export in 2015 Including,…

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National Parks: House Of Reps Approves Presidential Order Designating Ten National Parks. By Saheed Badmus

National Parks: House Of Reps Approves Presidential Order Designating Ten National Parks. By Saheed Badmus

The House of Representatives has given its approval to a presidential request for the designation of ten parks in parts of the country as National Parks. The approval was a sequel to the Presidential Declaration Order, 2022 designating ten Parks across Nigeria as National Parks. The President had on the 16th November 2022 signed a…

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