Senate President, Senator David Mark, Thursday challenged the Subsidy Re-investment Programme (SURE-P) to produce what he described as practical evidence of the money realised from the part removal of subsidy in January 2012. Mark who made this statement Thursday while inaugurating an ad hoc committee on SURE-P in the National Assembly, said: “Anything short of…
Read MoreFury and fear have pervaded Ikarama community, located near Taylor Creek in Yenagoa local council of Bayelsa since Monday, when it was exposed to a strange odour suspected to be oozing from large-volume mixture of crude and gas in the area. The strange gaseous discharge was coming barely three weeks after another gas leakage caused…
Read MoreThe Federal Government says Community Services Women and Youths Employment, CSWYE, project of the Subsidy Reinvestment and Empowerment Programme, SURE-P, has generated no fewer than 116,000 jobs across the country. Speaking through the Minster of Labour and Productivity, Chief Emeka Wogu in Abuja, the government said a total of N3, 183,820,150.00 had been paid to…
Read MoreOne of the foremost traditional rulers in Bayelsa State (name withheld) is in the custody of the Joint (Military) Task Force (JTF) on the Niger Delta, Operation Pulo Shield, for allegedly sponsoring crude oil theft. The high-ranking traditional ruler was arrested along with three other persons for their alleged involvement in crude oil theft in…
Read MoreChevron Nigeria Limited spends more than $3 billion (N480 billion) yearly in its operations and had invested $4 billion (N640 billion) in the economy through contracts for goods and services, employment and regulatory fees. The company made this disclosure in its 2012 Corporate Responsibility Report made available to The Guardian at the weekend. The report…
Read MoreThe Joint Task Force (JTF) in the Niger Delta on Sunday said that it had impounded 17 metal badges, 10 vessels and a tug boat laden with crude oil in Rivers.The JTF Commander, Maj.-Gen. Bata Debiro, said this after an assessment tour of JTF’s operational bases in Bonny, Rivers.Debiro said that the arrests were made…
Read MoreThe Petroleum Industry Bill (PIB) team of the Nigerian National Petroleum Corporation (NNPC) has faulted recent comments credited to the Chairman of the Nigerian Extractive Industries Transparency Initiative (NEITI), Mr. Ledum Mitee, that the PIB would deny oil-producing states the 13 per cent derivation they currently enjoy if the bill is passed into law. The…
Read MoreThe Chairman, Nigeria Extractive Industries Transparency Initiative, Mr. Ledum Mitee, has said the Niger Delta region will no longer enjoy the 13 per cent derivation that accrues from Company Income Tax if the current Petroleum Profit Tax is replaced with the Nigerian Hydrocarbon Tax as proposed in the Petroleum Industries Bill. He also said the…
Read MoreThe Ibom Programme on Environmental Awareness, an initiative of the Akwa Ibom State Ministry of Environment & Mineral Resources in partnership with ExxonMobil, has held a training workshop for advocacy team members in Uyo, Akwa Ibom State. The one-day training was designed to empower IPEA personnel to enlighten people at motor parks, schools, abattoirs, restaurants…
Read MoreThe Pipelines and Products Marketing Company, PPMC, a subsidiary of NNPC, says it has repaired and re-streamed the vandalised pipeline in Ilado community, Atlas Cove, Lagos. Mr Nasir Imodagbe, Manager, Media Relations and External Affairs, made this known in an interview with the News Agency of Nigeria, NAN, in Abuja. NAN recalls that vandals had…
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