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DEBUNKING THE TOP 5 MISINFORMATION ON THE PETROLEUM INDUSTRY ACT (PIA) 2021: 1. NNPC is being privatized? No, NNPC is not privatized. NNPC is only becoming a limited liability company subject to CAMA, to be named NNPC Ltd (C will also now mean Company, not corporation). The share is still 100% government owned. A major
Vice President Yemi Osinbajo, has described the late Pa Arthur Okowa, as a foremost educationist and committed public servant who contributed to the growth and development of education in the country. Osinbajo spoke on Saturday at St Michael’s Anglican Church, Owa-Alero, Ika North East Local Government Area of Delta at the thanksgiving service marking the
Sharia Law is triumphant in Afghanistan and democracy is dead. Although leaders of the Taliban are making up some pieces of how they will govern the conquered country as they go along, those are the foundational principles, according to Reuters . “There will be no democratic system at all because it does not have any
The Economic and Financial Crimes Commission (EFCC) took in former Abia Governor, Theodore Orji, on Thursday. Orji was arrested at the Nnamdi Azikiwe International Airport, Abuja, but the commission parried a question on his whereabouts. A source had informed DAILY POST that he is still being held at the EFCC headquarters in Jabi. In an
SOME THINGS YOU NEED TO KNOW ABOUT THE NEW PETROLEUM INDUSTRY ACT 1. Repeals 10 existing industry laws. 2. FG to fully commercialize NNPC by February 2022. 3. 3% of Oil Revenue from each host community is retained for the host community and 30% is retained for frontier basins. 4. Only two regulatory agencies will
After the closure of students’ hostels in July over the ravaging COVID-19 pandemic, the management of the University of Lagos, UNILAG, has asked students to start returning to campus from next week. A statement on Wednesday by the Registrar, Mr. Oladejo Azeez, indicated that the students should begin to arrive the campus from August 26,
Bordeaux came from two goals down to claim a 2-2 draw at Marseille on the weekend that Lionel Messi was unveiled to the Paris Saint-Germain crowd. The hosts led at half-time thanks to goals from in-form Dimitri Payet and Cengiz Under before 18-year-old defender Timothee Pembele and Remi Oudin scored for the visitors. Home coach Jorge
Some major roads in the South-East states of Anambra and Imo remained deserted on Monday while some businesses were also shut in observance of the sit-at-home despite a counter-directive from the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. Jkcyno.com gathered that IPOB had suspended the sit at home order as directed by
INEC had begun the online pre-registration on June 28, while physical registration commenced nationwide on July 26, 2021. Seven weeks after commencement of the exercise, INEC’s spokesperson, Festus Okoye, said in a statement, yesterday, that the number of fresh registrants has risen to 1,609,981, while 195,591 citizens have completed physical registration. The figure, however, does
A Panamanian-registered ship ran aground in a northern Japan harbour, then split in two and was leaking oil, but there were no injuries among the 21 crew and the oil leak was being controlled with no signs it had reached shore, the Japan Coast Guard said. The 39,910-tonne vessel, the “Crimson Polaris,” was carrying wood