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Nigerian oil firms have more important role in economy than IOCs – IPPG

Mr. Ademola Adeyemi-Bero, who is the Managing Director of First Exploration and Petroleum Development Company Limited (First E&P) and Chairman of Indigenous Petroleum Producers Group (IPPG), has said in an interview that indigenous oil companies need to be encouraged because of their important role in Nigeria’s economy, Daily Trust reports. He said that Nigerian indigenous upstream exploration and production companies were most likely to want to send the oil and gas they produce to the domestic market. He said; “I don’t have a Liquefied Natural Gas (LNG) plant to export…

Jonathan’s aide attacks Nigerian govt., releases list of alleged looters in Buhari’s cabinet, APC

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Reno Omokri, a spokesperson for former President Goodluck Jonathan, has launched a blistering attack on the Nigerian government and the Minister of Information, Lai Mohammed, over two lists of alleged looters released by the administration. Mr. Mohammed had on Sunday circulated a statement containing a list of individuals undergoing trials for alleged corruption. He had earlier on March 30 released a first list of members of the past administration he said looted the Nigerian treasury while the opposition Peoples Democratic Party (PDP) was in power. The government released the lists…

Nigerian Senate: Full list of 197 bills passed since 2015

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The Nigerian Senate on Wednesday passed the much-awaited Petroleum Industry Governance Bill (PIGB), with approval of five per cent levy on fuel sold across the country. This was sequel to unanimous adoption of the report on the Bill presented by Chairman, Senate Committee on Petroleum (Upstream), Sen. Tayo Alasoadura, to the lawmakers during plenary. The process began under former President Olusegun Obasanjo in 2000, with the establishment of Oil and Gas Implementation Committee (“OGIC”). On Thursday, the Senate released full list of bills so far passed by the chamber since…

Group protests new import duty on solar panels

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A private sector renewable energy group, Renewable Energy Association of Nigeria (REAN), has rejected the new 5 – 10 per cent import duty on solar panels imposed on its members by the Nigerian Customs Service. Speaking at a press conference in Lagos Wednesday, Segun Adaju, President of REAN, said there was no justification for the duty on the strength that under the CET code 8541.4010.00 – a classification for import duty tariff – import duty on solar panels should be zero per cent. Mr. Adaju said discharge of goods from…

School teacher remanded in prison for defiling 7-year-old pupil

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A Kasuwan Mama Upper Area court on Thursday ordered that a 23-year-old teacher, Moses Danladi, be remanded in prison for allegedly defiling a 7-year-old pupil. The police prosecutor, Mr E.A Inegbenoise, told the court that the victim’s uncle, one Cpl. Zakka Peter of III Division, Maxwell Khobe Cantonement, reported the matter at the Bassa police station on March 15. Inegbenoise said that the complainant told the police that the victim told him that her teacher molested her. The offense, according to the prosecutor, contravened Section 285 of the Penal Code…