News Summary 01/03/2017; OPEC Commends Oil/Gas Reforms
- OPEC Commends Oil/Gas Reforms
The reforms captured in the seven
Big wins of the ministry of petroleum
Resources are commendable and
Must be sustained as Nigeria’s oil and
Gas industry will hold sway for many
More years, despite diversification
Moves.
These are the words of secretary
General of the organization of
Petroleum exporting countries, opec,
Dr Mohammed Sanusi Barkindo at an
Interactive meeting with the minister
Of petroleum resources as part of
His member states visit.
- President Host Gas
Federal government is planning to put in place a gas industrial park valued at about twenty billion dollars through a public – private partnership model.
This followed the renewed engagements of the federal government with oil producing communities in the Niger delta region.
State house correspondent Jide Onifade completes the story.
Senate Queries NAPIMS Over Funding Shortfall
The senate committee on gas has queried the national petroleum investment management services, NAPIMS over lack of due process during its presentation of the 2016 budget performance.
Special Town Hall Meeting In Umuahia
Umuahia, the Abia states capital played host to
The federal ministry of information and
Culture’s town hall meeting series.
The special edition of the outing was also used
To launch the federal government’s “change
Begins with me” campaign at the state level.
Anthony for son reports that Abia state was
Showcased as the state with the capacity for an
Industrial revolution took the centre stage.
NCPC On Prayer For Pmb In Jerusalem
Nigeria Christian pilgrim’s commission, ncpc is set to hold a special prayer for president Muhammad Buhari, the acting president Yemi Osinbajo and indeed entire Nigerians on the 5th of march in Jerusalem.
Executive secretary of the commission reverend tor Uja disclosed this in Abuja ahead of preparation for the holy pilgrimage.
NIPSS inauguration
Acting president Yemi Osinbajo has urged
Participants of the senior executive course 39
Of the national institute of policy and strategic
Studies, Kuru to demonstrate total commitment
And steadfastness in tackling critical issues of
National development.
It was in a message at their inauguration.
NSA At NDA Conference On Security
Providing solution to Nigeria’s most
Pressing challenges relating to insecurity, and
Economy is the focus of a four day
International conference on defense, security
And development in Nigeria.
High Court Judgment On Senate Seat
The federal high court sitting in Uyo, Akwa Ibom
State has directed INEC to issue certificate of
Return to Bassey Etim as senator elect for Akwa
Ibom north east senatorial district.
The presiding judge, justice Fatun Riman in
Judgment ruled that both pdp and the sitting
Senator Bassey Albert could not prove that
Bassey was not the authentic winner of the PDP
Primary election conducted in 2014.
Senator Bassey Albert Appeal
Meanwhile, senator Bassey Aflbert Akpan
Representing Akwa Ibom north east senatorial
District has directed his lawyers to
Proceed to the appeal court over the judgment.
In his reaction contained in a statement signed
By the senator, he said, the judgment is biased
Which culminated in his earlier
Petition to the national judicial council and the
Chief judge of the federal high court in
November 2016 on the matter.
Senator Akpan wants the people of Akwa Ibom
North east to know that the judgment is not
Final but will be appeal against.
Protesters Besiege PDP Secretariat
Less than a week after the re-opening of the PDP
National secretariat by its chairman, senator Ali
Modu Sherrif, protesters have besieged the
Secretariat demanding that Sherrif should
Vacate the office.
This is coming as the Makarfi group is calling on
The police to stop occupation of the
Secretariat by the Sherrif leadership.
Electoral Reform C’ttee Public Hearing
The constitution and electoral reform
Committee has commenced public hearing in
Enugu for the south east zone.
Participants say the platform showcased the
Determination of Buhari administration to
Ensure good governance and strengthen the
Electoral process.
Akeredolu Meets Workers
In the next two years, Ondo state will
Commence exploration and exportation of
Bitumen while plans are underway for
Establishment of a cement factory and
Rejuvenation of coca.
The state governor, Rotimi Akeredolu stated
This at his maiden meeting with civil servants on
His first working day in office.
CBN Creates Dollar Glut
In keeping with its determination to increase liquidity in the foreign exchange market, the central bank of Nigeria (CBN) on Monday released another $100m into the wholesale segment of the market
The apex bank also pumped an additional $80m into the banks specifically for the settlement of dollar demand for school fees, medicals and personal travel allowance, among others.
In a statement by its spokesman, Isaac Okorafor, the CBN said that it is committed to providing enough Forex for legitimate business remains unshaken, reiterating that it would do everything possible to ensure the steady supply of Forex to the market.
It will be recalled that efforts by the CBN in making available large amount of forex to the market has led to the appreciation of the naira by over n85 in less than one week.
Science Minister On City Of Commerce
A park that will promote creativity, technology, research and industrialization is set to be built in Nigeria.
African representative of the united states Latino American investors Ifeoma Ejiogu said this at a meeting with the minister of science and technology, Ogbonnaya Onu in Abuja.
International Conference On Wheat Production
Nigeria is working towards self-sufficiency in
Wheat production with production having
Increased from seventy thousand tones to
Four hundred thousand tons in 2016.
Musa Baba Aliyu reports that this was
Showcased at an international conference on
Wheat meant to discourage its importation into
Africa by 2025.
Book Launch Within Their Reach
With growing concerns about the housing situation in nigeria, one may ask, is it possible for the nation’s teeming urban dwellers, to own quality houses without having millions in their pocket?
Well, a book entitled, “within their reach” written by paschal onyemaechi seeks to answer this question.
Foreign
Rays of hope for the Saharawi struggle as morocco plans to pull out of a un buffer zone in western Sahara territory
Palestinian authority president Mahmoud Abbas warns countries from moving their embassies from Israel to Jerusalem but rather support the two-state
solution.
