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Chairman of Shell Development Company of Nigeria, Mr Osagie Okunbor has emphasised the need for a right investment climate to help enhance the expansion of Nigeria’s petroleum landscape.
Okunbor made the remarks while speaking at the 37th Annual International Conference and Exhibition of National Association of Petroleum Explorationists’ in Lagos where he was represented by Shell’s General Manager, Exploration, Mr Dan Agbaire.
Pointing that the development would enable the increase of Nigeria’s oil production from the current average of 2.3 million b/d to 3 million b/d, Okunbor said that the development will also boost the country’s proven oil reserves to about 40 billion barrels through further exploration and appraisal.
He said, “The right investment climate would also include strengthening our regulatory bodies, giving priorities to research and further enabling the industry’s financials.
“I believe that where the investment climate is right, digitalisation and deployment of emerging technologies will enable incremental value creation over the coming years.”
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RwandAir The NewTimes
More than 50 Nigerian travellers on RwandAir are yet to receive their luggage more than 48 hours after arriving the Murtala Muhammed International Airport, Lagos.
The passengers had arrived on RwandAir flight WB305 from Dubai, United Arab Emirates, to Lagos via Kigali on Tuesday hoping to get their luggage on arrival but were disappointed when they could not retrieve their luggage at the baggage reclaim area of the airport on Tuesday.
Since the passengers arrived the country, they have been visiting the Lagos airport office of the airline but without success or when the luggage would arrive from Kigali.
A passenger, who narrated the ongoing situation to our correspondent, lamented that they had been treated poorly by the staff of the airline at the Lagos airport.
The male passenger, who gave his name as Chris, alleged that staff of the airline at the airport were yet to effectively communicate to them the whereabouts of their luggage, adding that they were not equally told in Kigali that their luggage were dropped.
He decried that passengers were billed to depart Dubai with an Airbus A320 aircraft, but were surprised when the aircraft arrived and it turned out to be a 737-800, which was smaller in terms of capacity.
He further explained that even on arrival date, the aircraft had to be diverted to Uganda before it went to Kigali with the passengers being told it was due to inclement weather and when the 737-800 eventually landed in Kigali, an Airbus A320 WB305 was deployed to return them to Nigeria.
He said the aircraft eventually arrived Nigeria but without their checked in luggage.
He stated, “There are about 50 of us without our baggage. When they changed the aircraft, I was suspicious, but because this aircraft was bigger, my fears were allayed a bit but because of the full flight I was still skeptical.
“When we landed, we went to baggage claims and none of our luggage came. No one said anything to us, which was wrong.
“Eventually, we were told to come back on Thursday (today). The flight landed but still no baggage.”
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The Nigerian Governors’ Forum has opposed death penalty for hate speech and asked the National Assembly to conduct a public hearing on the proposed bill to aggregate the views of citizens.
The Senate had on Tuesday last week introduced the hate speech bill, which among others, prescribed death by hanging as punishment for certain categories of offenders.
The NGF Vice Chairman and Governor of Sokoto State, Aminu Tambuwal, on Thursday said due process should be followed.
When asked whether the governors backed death penalty for hate speech, Tambuwal said, “I’m not sure I have heard any governor coming out to say he is in support of death penalty for hate speech.
“I believe the National Assembly should hold a public hearing on that bill so that due process of lawmaking is followed, so that the views of Nigerians not just the governors will be well captured.
"That bill should respect the views of Nigerians in whatever may be the direction of debate and the eventual passage or otherwise of it.”
On the threat by the Nigerian Labour Congress to embark on strike if any governor refused to implement the new N30,000 minimum wage, the Sokoto State governor said, “Various state governments have been engaging with their branches of NLC. I am sure it is work in progress.
“Before December, all the states must have finished working out the details on the issue of minimum wage across the federation."
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Nigeria’s Attorney-General, Abubakar Malami, on Wednesday said that the country had appealed a $200m payment imposed by a United Kingdom court in its contention with the controversial Process and Industrial Development LTD over a failed 2010 contract.
The court ordered that the payment be made before it can give a stay of execution on the ruling by Justice Butcher that P&ID could seize over $9bn worth of Nigeria’s assets pending its appeal in a higher court.
“We have appealed against the payment,” Reuters quoted Malami as saying.
Nigeria was given permission to appeal the seizure in September but was ordered to pay the $200m within 60 days.
The time frame expires next week.
In his statement however, Malami left out details of when the appeal was made and if any response had been received from the court.
In its appeal, Nigeria would have to prove there was an error in the previous ruling.
Malami said the nature of the appeal would necessitate the hiring of a new set of lawyers.
“We may decide to bring on board new sets of lawyers to handle the new brief but we may decide that the old and new lawyers should work together,” he said.
P&ID is owned by two Irishmen, Michael Quinn and Brandon Cahill.
A Bloomberg report detailed how Quinn conned the Nigerian Government in partnership with military officials and intended to use the gas processing contract as his big break.
Quinn had previously sued the Nigerian Government for two similar contract breaches like the case gaining media attention.
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Chairman, Senate Committee on Agriculture, Adamu Abdullahi, has said that any Nigerian not willing to eat local rice in the face of continued closure of the country’s borders with neighbouring nations, had the problem to deal with.
According to Abdullahi, who commended President Muhammadu Buhari for not bowing to pressure to open Nigeria’s land borders with neighbouring countries, those clamouring for its reopening were smugglers and all those profiting from the bastardisation of the economy.
He said, “Our neighbouring countries have become gateways and transit routes for all manners of commodities ranging from automobiles to foodstuffs such as rice, corns, sorghum, palm oil, tomatoes, eggs and dairy products.
“Republic of Benin became one of the world’s top importers of rice because of its Nigerian market. Almost all of the rice it imported from Thailand, Indonesia etc found its way to Nigeria through the Seme Border.
‘”We therefore stand with this government in support of this policy for border closure.
“We have a duty to protect our own, if you don’t want to eat Nigerian grown rice, that’s your own problem.”
President Buhari had on August 20, 2019 ordered a partial closure of Nigeria’s land border.
He hinged his decision on the massive smuggling activities, especially rice brought into the country.
According to the Comptroller-General of the Nigeria Customs Service, Col Hameed Ali (retd), the agency generated a daily revenue of around N5.8bn since the closure of the country’s land borders aimed at curbing the activities of smugglers.
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President Muhammadu Buhari has signed an executive order to end open defecation in Nigeria.
The Executive Order 009 entitled ‘The Open Defecation-Free Nigeria by 2025 and Other Related Matters Order 2019’, was signed on Wednesday in Abuja.
Nigeria committed to ending open defecation throughout the country by 2025 in consonance with her commitment to the United Nations Sustainable Development Goals.
“The Order declares that the National Open Defecation Free Roadmap developed by the Federal Ministry of Water Resources with support from other key sector players across Nigeria be put into effect.
“There has been established in the Federal Ministry of Water Resources a National Secretariat called ‘Clean Nigeria Campaign Secretariat’.
“The Secretariat is authorised on behalf of the President to implement this order by ensuring that all public places including schools, hotels, fuel stations, places of worship, market places, hospitals and offices have accessible toilets and latrines within their premises,” a statement by Senior Special Assistant to President Buhari on Media and Publicity, Garba Shehu, said.
Nigeria is ranked second amongst the nations in the world with the highest number of people practicing open defecation with an estimate of over 46 million people in the sad practice.
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The Nigeria Senate has called for the inclusion of nuclear power into the country’s energy mix in a bid to address issues of power.
This was part of the resolution reached by the Senate on Wednesday following a motion by Al-Makura Umar Tanko representing Nassarawa South.
The Senate urged government to reposition the Nigerian Nuclear Regulatory Authority to enable it carry out its mandate of ensuring safety, adding that the Nigerian Atomic Energy Commission should be revitalised.
A tweet on the official Twitter handle of the Senate reads, “Senate resolves to urge the Federal Government to reposition the Nigerian Nuclear Regulatory Authority to enable it to carry out its mandate of ensuring safety, security safeguards and physical protection of nuclear materials including hazardous waste in Nigeria.
“It urges the Federal Government to re-engineer, refocus and recognise the Nigerian Atomic Energy Commission with the mandate to ensure timely contacts and negotiations with nuclear vendors for construction of nuclear power plants with time line.
“We urge the Federal Government to expedite action on the Nuclear Safety, Security and Safeguards Bill currently with the Senate; and pass into law all treaties and protocols on nuclear energy as ratified by Nigeria.”
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