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Nigeria’s oil and gas industry has lost huge investments due to the non-passage of the Petroleum Industry Bill (PIB), Governor Ifeanyi Okowa of Delta State has said.

Delta governor: Non-passage of PIB robbing Nigeria of huge investments

Nigeria’s oil and gas industry has lost huge investments due to the non-passage of the Petroleum Industry Bill (PIB), Governor Ifeanyi Okowa of Delta State has said.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate approves N11.35 billion 2020 budget for police trust fund

The Senate has approved the sum of N11,352,457,101.70 as year 2020 budget for the Nigeria Police Trust Fund (NPTF), the implementation of which will lapse by April 30, 2021.
FILE PHOTO - Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS-Brendan McDermid

Crude oil price hits 13-month high

Oil prices yesterday maintained their upswing, hitting their highest in about 13 months on the back of vaccine rollouts expected to increase demand even as producers kept supply reined in.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: Nigeria to eliminate gas flaring by 2025

The Minister of State for Petroleum, Mr. Timipre Sylva, on Monday disclosed that Nigeria will join the global community in achieving complete elimination of gas flaring by 2025.

Senate summons CBN governor, SEC chief over cryptocurrency

The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emeifele, and the Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda, to brief it on the opportunities and threats of the crypto currency on the nation’s economy and security.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate refers President Buhari’s request to confirm new service chiefs, others to committee

The Senate on Wednesday referred President Muhammadu Buhari’s request for the confirmation of the newly appointed Chief of Defence Staff and Service Chiefs to its Joint Committee on Defence, Army, Airforce and Navy for screening.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly to submit report on Electoral Act amendment bill to President Buhari in...

Sen. Kabiru Gaya, Chairman, Senate Committee on Independent National Electoral Committee (INEC) says the National Assembly plans to submit the amended Electoral Bill to President Muhammadu Buhari before in February for his assent.
A nurse prepares a dose of the Oxford-AstraZeneca COVID-19 vaccine at a NHS mass coronavirus vaccination centre at Epsom Race Course in Epsom, Surrey, Britain January 11, 2021. Dominic Lipinski-Pool via REUTERS

Data on AstraZeneca vaccine and South African variant should come soon – UK expert

Data on the highly contagious COVID-19 variant identified in England do not suggest that vaccines will be less effective against it, while data on the South African variant should be available within weeks, a top British vaccines expert said.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate passes Finance Bill 2020

The Senate has passed President Muhammadu Buhari’s Finance Bill 2020 transmitted to the National Assembly two weeks ago for consideration and passage.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

No PIB, no further investments in oil and gas – NNPC chief

The Group Managing Director, Nigeria National Petroleum Corporation, NNPC, Mr Mele Kyari, has warned that without the passage into law of the Petroleum Industry Bill, 2020, there would not be further foreign investments in the oil and gas industry.
Parliament’s Speaker Sidie Tunis disclosed this on Saturday while delivering his closing address at the delocalised meeting of a joint committee of Parliament.

Speaker: ECOWAS parliament will back states on e-learning

The meeting was held by Parliament’s Joint Committee on Education, Science and Technology/Telecommunication and Information Technology/Political Affairs, Peace, Security, and Infrastructure to proffer solutions to digitising education in West Africa.

ECOWAS urges lawmakers to pressure member states to increase agriculture budget

The Speaker of ECOWAS Parliament, Sidie Tunis, has urged his colleagues and Members of Parliament to pressure their home governments to increase budgetary allocation to agriculture.
Minister of Transportation, Rotimi Amaechi, has disclosed that the US$50 million University of Transportation, Daura, scheduled to take off September next year will be built free of charge by the Chinese government.

Transport minister proposes N205 billion capital budget for 2021

The Minister of Transportation, Rotimi Amaechi, has proposed N205 billion as capital budget for 2021 to enable the ministry make significant progress on all its ongoing projects.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 3

Senate faults policy on coronavirus testing by private labs only

The Senate on Tuesday faulted the policy adopted by the Presidential Task Force (PTF) on COVID-19 which allowed only private laboratories to carry out tests on intending travellers abroad.
Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that it is only knowledge-based economy that would add value and create a new lease of life for all Nigerians.

Minister receives NIPSS committee’s report on innovation, economy

Minister of Science and Technology, Dr Ogbonnaya Onu, has received the interim report of the National Institute for Policy and Strategic Studies (NIPSS) on science, innovation and economy.
Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

FIRS: Stamp Duties collection backed by law

Responsibility of stamp duties collection between FIRS and NIPOST was raised at an interactive session on the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) organised by Joint Senate Committees on Finance and National Planning in Abuja on Thursday.

CAC generated over N56 billion in 3 years, remitted N169 million – director

The House of Representatives joint committee on Finance, Appropriation, National planning and Economic Development and Aids, Loans and Debts Management yesterday received with shock that the Corporate Affairs Commission, CAC, remitted less than two percent of billions generated in three years to Federal coffers.
Niger Delta Development Commission (NDDC)

The cesspool of corruption called NDDC

Not a few Nigerians are amused at the theatre of the absurd playing out at the Niger Delta Development Commission. The whole circus show climaxed last Monday when three dramas took place during the House of Representatives Probe Panel of the 20-year-old interventionist agency.
The requests contained in three separate letters read at the beginning of plenary on Tuesday by the Senate President, Ahmad Lawan. 1

Presidency, Senate bicker over service chiefs

The Presidency and Senate were yesterday locked in exchanges over the continued stay in office of service chiefs.

Festus Keyamo: National Assembly trying to bypass me on planned 774,000 jobs

The Minister of State for Labour and Employment, Festus Keyamo, has described the controversy surrounding the planned employment of 774,000 Nigerians as an attempt by the National Assembly to bypass him in the implementation of the project.

Festus Keyamo to appear again in National Assembly over 774,000 jobs controversy

Minister of State for Labour and Employment, Mr Festus Keyamo, SAN, will appear before the National Assembly Joint Committee on Labour on Tuesday to defend the 774,000 job recruitment across the country.
Member Representing Ajaokuta Federal Constituency, Idirissu Lawal, has called on the Federal Government to take urgent step towards the conduct of a reliable population census in the country for effective planning.

House of Reps moves to block $30 billion annual revenue leakage

The House of Representatives has commenced investigations to identify and block revenue leakages that cost Nigeria in excess of $30 billion annually.

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A handout picture provided by the Saudi Royal Palace on October 24, 2018, shows Saudi Crown Prince Mohammed bin Salman speaking during a joint session of the Future Investment Initiative (FII) conference in the capital Riyadh, which included the Crown Prince of Bahrain and the Lebanese Prime Minister. – Saudi Arabia is hosting the key investment summit overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw. (Photo by Bandar AL-JALOUD / Saudi Royal Palace / AFP) /

Media watchdog seeks German investigation of Saudi crown prince over Jamal Khashoggi death

Global media watchdog Reporters Without Borders (RSF) has accused Saudi Arabia’s Crown Prince Mohammed bin Salman and several top officials of committing crimes against humanity in a criminal complaint filed in Germany.
Ogun State House of Assembly

Ogun Assembly sets up committee to investigate deputy speaker

Ogun State House of Assembly, Tuesday, set up a five-man committee to investigate an allegation of gross misconduct against the Deputy Speaker of the House, Dare Kadiri.
Governor Bello Matawalle of Zamfara state has comfirmed the release of the Jangebe schoolgirls on Tuesday while also claiming no ransom was paid to their kidnappers.

ACF urges security agencies to investigate Zamfara governor to reveal abductors of schoolgirls

Arewa Consultative Forum has called on the security agencies to investigate Zamfara State Governor, Bello Matawalle and make him reveal the identity of those behind the abduction of the 317 Jangebe school girls.

Emir of Kagara passes on

He said, “I received the sad news of the death of the Emir of Kagara, Niger State, Alhaji Salihu Tanko. May Allah grant him Aljanna firdausi. Amin. Inna lillahi wainna Illayhir rajiun.”
The Lagos State Signage and Advertisement Agency (LASAA) is to probe alleged payment into the private account of its staff.

LASAA begins awareness campaign on regulation of outdoor adverts

Lagos State Signage and Advertisement Agency (LASAA) has flagged off the first phase of an awareness campaign to sensitise the general public on the need for compliance with regulations guiding outdoor advertisement in the state.

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Ekiti State Governor Kayode Fayemi has denied claims that his government has sold off the Ekiti State Governor’s Lodge in Abuja.

Governor Fayemi: Ekiti to get uninterrupted power supply soon

Governor Kayode Fayemi of Ekiti State has assured the people of the state that the government has put machinery in place to ensure adequate and uninterrupted power supply before the end of his administration.
Soccer Football - Premier League - Manchester City v Brighton & Hove Albion - Etihad Stadium, Manchester, Britain - January 13, 2021 Manchester City's Phil Foden celebrates scoring their first goal with teammates Pool via REUTERS-Clive Brunskill

Manchester City chase quadruple as Manchester United aim to end spoil Thomas Tuchel’s record

To have any chance of putting City under pressure, second-placed Manchester United must end Thomas Tuchel's unbeaten start as Chelsea boss.
The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.

Amnesty office denies appointment of reps to Niger Delta crisis-ridden communities

Presidential Amnesty Programme office has stated that it has not appointed representatives to any crisis-affected community in the Niger Delta region over the payment of stipends to ex-agitators.
A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel, to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.

Former minister endorses Akwa Ibom government’s International worship centre

A former Minister of Petroleum, Otuekong Don Etiebet, has thrown his endorsement behind plans by Akwa Ibom State Governor, Mr Udom Emmanuel. to build an international worship centre for God in the state. This comes amidst criticism that has trained the project by critics of the government in the state.

Nasarawa governor: Why Senator Al-Makura should be the next APC chairman

Governor Abdullahi Sule of Nasarawa State has asked members of the All Progressive Congress (APC) to elect Senator Umaru Tanko Al-Makura as the next chairman of the party.