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- The gods of the land summoned both Lookman and Abraham. Lookman answered the gods, while Abraham declined. Ladies and gentlemen, Lookman is African 001 today, while Abraham is now an outcast...
POOR CHELSEA PLAYERThe gods of the land summoned both Lookman and Abraham. Lookman answered the gods, while Abraham declined. Ladies and gentlemen, Lookman is African 001 today, while Abraham is now an outcast... POOR CHELSEA PLAYER😂Faça o login para curtir, compartilhar e comentar! - News KogiNews Kogi 💥💥💥0 Comentários 0 Compartilhamentos 44 Visualizações 0 Anterior
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- China aims to commercialize 6G by 2030, with standard-setting expected by 2025.China aims to commercialize 6G by 2030, with standard-setting expected by 2025.
- President Tinubu has instructed the Justice Ministry to collaborate with the National Assembly regarding issues related to tax reform bills.
In a statement released by Mohammed Idris, the Minister of Information and National Orientation.
The statement reads: “The robust nationwide debate on the new tax reform bills currently before the National Assembly is welcomed, and commendable. It is very inspiring to see Nigerians from all walks of life coming out to express their views and opinions of these matters of critical national importance. This is the very essence and meaning of democracy.
“I call on all commentators and groups to keep up the spirit of informed engagement, and to strive to be respectful and understanding at all times despite the diversity of opinions. In the spirit of democratic engagement, there should be no room for name-calling, or for the injection of unnecessary ethnic and regional slurs into this important national conversation.
“Similarly, it is important to be aware that there is a lot of misinformation and fake news circulating around the tax bills and the overall reform agenda of the Tinubu Administration. The fiscal reforms will not impoverish any State or region of the country, neither will they lead to the scrapping or weakening of any federal agencies.
“Instead, they will bring relief to tens of millions of hardworking Nigerians across the country and empower and position our States and the 774 Local Governments for sustainable growth and development.
“President Bola Ahmed Tinubu is implementing an ambitious fiscal reform agenda that will devolve more resources to Nigeria’s State and Local Governments, and ultimately to the Nigerian people, in the spirif of harnessing democracy that works for the people.
“It is pertinent to state that the government has nothing sinister to warrant the suggestion that the process is being rushed. In line with the established legislative procedure, the Federal General welcomes meaningful inputs that can address whatever grey areas there may be in the bill. In this vein, President Tinubu has already directed the Federal Ministry of Justice and relevant officials who worked on the drafts to work closely with the National Assembly to ensure that all genuine concerns have been addressed before the bills are passed.
“We are indeed witnessing, at this moment in the history of Nigeria, the most far-reaching, impactful and beneficial set of fiscal reforms that Nigeria has seen in decades.
“In addition to the four tax bills being debated and deliberated upon, there is also the 2023 Supreme Court ruling on financial autonomy for local governments, which will significantly empower the tier of government that is closest to the Nigerian people.
“In all, these reforms will not only facilitate increased revenues (without imposing additional tax burdens on the people), they will also make it possible for citizens to demand and enjoy greater accountability in the management of public resources at all levels of government.
“President Tinubu and the administration will continue to champion policies that close the loopholes and gaps through which Nigeria’s valuable public resources have been frittered away for decades.
“On top of this necessary foundation, the resources being conserved and realised from these reforms will be invested in critical infrastructure (healthcare, education, transportation, digital technology, etc) and in social investments that will benefit all Nigerians and ensure that no one is left behind. This is the promise and the reality of the Renewed Hope agenda.”President Tinubu has instructed the Justice Ministry to collaborate with the National Assembly regarding issues related to tax reform bills. In a statement released by Mohammed Idris, the Minister of Information and National Orientation. The statement reads: “The robust nationwide debate on the new tax reform bills currently before the National Assembly is welcomed, and commendable. It is very inspiring to see Nigerians from all walks of life coming out to express their views and opinions of these matters of critical national importance. This is the very essence and meaning of democracy. “I call on all commentators and groups to keep up the spirit of informed engagement, and to strive to be respectful and understanding at all times despite the diversity of opinions. In the spirit of democratic engagement, there should be no room for name-calling, or for the injection of unnecessary ethnic and regional slurs into this important national conversation. “Similarly, it is important to be aware that there is a lot of misinformation and fake news circulating around the tax bills and the overall reform agenda of the Tinubu Administration. The fiscal reforms will not impoverish any State or region of the country, neither will they lead to the scrapping or weakening of any federal agencies. “Instead, they will bring relief to tens of millions of hardworking Nigerians across the country and empower and position our States and the 774 Local Governments for sustainable growth and development. “President Bola Ahmed Tinubu is implementing an ambitious fiscal reform agenda that will devolve more resources to Nigeria’s State and Local Governments, and ultimately to the Nigerian people, in the spirif of harnessing democracy that works for the people. “It is pertinent to state that the government has nothing sinister to warrant the suggestion that the process is being rushed. In line with the established legislative procedure, the Federal General welcomes meaningful inputs that can address whatever grey areas there may be in the bill. In this vein, President Tinubu has already directed the Federal Ministry of Justice and relevant officials who worked on the drafts to work closely with the National Assembly to ensure that all genuine concerns have been addressed before the bills are passed. “We are indeed witnessing, at this moment in the history of Nigeria, the most far-reaching, impactful and beneficial set of fiscal reforms that Nigeria has seen in decades. “In addition to the four tax bills being debated and deliberated upon, there is also the 2023 Supreme Court ruling on financial autonomy for local governments, which will significantly empower the tier of government that is closest to the Nigerian people. “In all, these reforms will not only facilitate increased revenues (without imposing additional tax burdens on the people), they will also make it possible for citizens to demand and enjoy greater accountability in the management of public resources at all levels of government. “President Tinubu and the administration will continue to champion policies that close the loopholes and gaps through which Nigeria’s valuable public resources have been frittered away for decades. “On top of this necessary foundation, the resources being conserved and realised from these reforms will be invested in critical infrastructure (healthcare, education, transportation, digital technology, etc) and in social investments that will benefit all Nigerians and ensure that no one is left behind. This is the promise and the reality of the Renewed Hope agenda.”0 Comentários 0 Compartilhamentos 304 Visualizações 0 Anterior - JUST IN::::: Nigeria musician, Davido popularly known as Frogido bow to pressure and pray to God to bless Nigeria.JUST IN::::: Nigeria musician, Davido popularly known as Frogido bow to pressure and pray to God to bless Nigeria.0 Comentários 0 Compartilhamentos 156 Visualizações 0 Anterior
- OMOH! IT IS 9 YEARS AGO ALREADY🥹
November 22, 2015, feels just like yesterday. I was just a young junior secondary school student in Akwanga, full of curiosity and a budding interest in politics, both at the national level and Kogi State
The 2015 Kogi State gubernatorial election was a showdown between Captain Idris Wada and Prince Abubakar Audu ... I still vividly remember catching a glimpse of Prince Audu in 2015 during the APC/AlMakura Gubernatorial Mega Rally in Central Pilot school Akwanga. Even though I couldn’t get close to him because of the heavy security around the VIP canopy, I was confident it was him It was a surreal moment for me, a young boy far from home but already captivated by the politics of Kogi
Back then, APC was still a relatively new party, but I had already fallen in love with its ideology. As the November 2015 Kogi election drew closer, the political tension in the air was palpable. Social media was buzzing with complaints about the incumbent, Governor Idris Wada, and there was so much hope that Audu would bring the change the people desperately needed
I closely followed the APC primaries on August 30, 2015. When the results came in, Audu secured 1,009 votes while Yahaya Bello, a surprising new contender, scored 703.... The numbers were impressive, but Audu’s victory felt inevitable... I believed he was the right man for the job, and from my little corner in Akwanga, I prayed for his success
Fast forward to election day, November 21, 2015. I watched it live on Channels TV as Prince Audu stepped out to cast his vote, dressed elegantly in his signature attire. Excitement filled the air – APC was on the verge of making history in Kogi State But, oh, the struggle of following updates! NEPA’s light was as unreliable as ever, and I had to rely on my trusty Nokia Express Music to stay connected , flipping between Facebook and 2go for live updates... Here, I don't know Twitter yet
Then came November 22, 2015, the day that began with so much hope but ended in heartbreak. As collation results trickled in, APC was leading, and victory seemed assured . But suddenly, the unthinkable happened. News broke that Prince Abubakar Audu had passed away🥹 "Oh are you sure? This must be fake news,” I thought. Just yesterday, we watched him vote on TV. It couldn’t be true! But as the hours passed, the devastating confirmation came... The man who was on the verge of making history was no more
That Sunday turned black for Kogi State and Nigeria as a whole. The dream was shattered, and the loss was immeasurable
Today, nine years later, we still remember Adoja Prince Abubakar Audu for his service, his leadership, and the hope he gave to Kogi people.
May his soul continue to rest in perfect peace. AmeenOMOH! IT IS 9 YEARS AGO ALREADY🥹 November 22, 2015, feels just like yesterday😀. I was just a young junior secondary school student in Akwanga, full of curiosity and a budding interest in politics, both at the national level and Kogi State😁 The 2015 Kogi State gubernatorial election was a showdown between Captain Idris Wada and Prince Abubakar Audu ✌️... I still vividly remember catching a glimpse of Prince Audu in 2015 during the APC/AlMakura Gubernatorial Mega Rally in Central Pilot school Akwanga. Even though I couldn’t get close to him because of the heavy security around the VIP canopy, I was confident it was him😊 It was a surreal moment for me, a young boy far from home but already captivated by the politics of Kogi😎 Back then, APC was still a relatively new party, but I had already fallen in love with its ideology. As the November 2015 Kogi election drew closer, the political tension in the air was palpable. Social media was buzzing with complaints about the incumbent, Governor Idris Wada, and there was so much hope that Audu would bring the change the people desperately needed🥶 I closely followed the APC primaries on August 30, 2015. When the results came in, Audu secured 1,009 votes while Yahaya Bello, a surprising new contender, scored 703🤓.... The numbers were impressive, but Audu’s victory felt inevitable✌️... I believed he was the right man for the job, and from my little corner in Akwanga, I prayed for his success🙏 Fast forward to election day, November 21, 2015. I watched it live on Channels TV as Prince Audu stepped out to cast his vote, dressed elegantly in his signature attire. Excitement filled the air – APC was on the verge of making history in Kogi State😎 But, oh, the struggle of following updates! NEPA’s light was as unreliable as ever, and I had to rely on my trusty Nokia Express Music to stay connected 😂, flipping between Facebook and 2go for live updates... Here, I don't know Twitter yet 🤓 Then came November 22, 2015, the day that began with so much hope but ended in heartbreak. As collation results trickled in, APC was leading, and victory seemed assured 😊. But suddenly, the unthinkable happened. News broke that Prince Abubakar Audu had passed away🥹 "Oh are you sure? This must be fake news,” I thought. Just yesterday, we watched him vote on TV. It couldn’t be true! But as the hours passed, the devastating confirmation came... The man who was on the verge of making history was no more🥲 That Sunday turned black for Kogi State and Nigeria as a whole. The dream was shattered, and the loss was immeasurable😭 Today, nine years later, we still remember Adoja Prince Abubakar Audu for his service, his leadership, and the hope he gave to Kogi people. May his soul continue to rest in perfect peace. Ameen 🤲0 Comentários 0 Compartilhamentos 619 Visualizações 0 Anterior - The House of Representatives has turned down a bill seek to establishing a single six-year term for the positions of President and State Governors.
The proposed legislation, scheduled for a second reading, was dismissed during the plenary session held on Thursday.The House of Representatives has turned down a bill seek to establishing a single six-year term for the positions of President and State Governors. The proposed legislation, scheduled for a second reading, was dismissed during the plenary session held on Thursday.0 Comentários 0 Compartilhamentos 101 Visualizações 0 Anterior - During the G20 Summit in Brazil, President Tinubu expressed his support for the inauguration of the Global Alliance to Combat Hunger and Poverty.
Tinubu characterized the partnership as crucial in the international battle against hunger and poverty.
He delivered this remark on Monday during the opening session of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil.
He said, “This bold and visionary step underscores Brazil’s leadership in addressing one of the most urgent and persistent challenges facing our world today.
“The creation of this Alliance marks a significant milestone in our global efforts to eradicate hunger and poverty, and it also sends a powerful message of solidarity to vulnerable populations around the globe.
“By fostering collaboration between governments, international organisations, and civil society, this initiative offers a comprehensive approach not only to addressing immediate needs but also tackling the structural causes of hunger and poverty.
“These goals are at the core of Nigeria's development agenda, and the Alliance offers a platform to accelerate progress towards them.
“By collaborating with international partners, Nigeria aims to leverage best practices, innovative solutions, and financial support to enhance its efforts to combat poverty and hunger. The endorsement reinforces Nigeria's role as a key player in global efforts to promote sustainable development and improve the quality of life for all its citizens.
“The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality. Africa deserves priority in this.
“The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality better.
“Africa deserves priority in this process, and two permanent seats should be allocated to it with equal rights and responsibilities. Nigeria stands ready and willing to serve as a representative of Africa in this capacity.”
In a statement delivered by Ambassador Yusuf Tuggar, the Minister of Foreign Affairs, President Tinubu remarked that the G20 has evolved into a progressive international institution that champions reform-oriented multilateralism.During the G20 Summit in Brazil, President Tinubu expressed his support for the inauguration of the Global Alliance to Combat Hunger and Poverty. Tinubu characterized the partnership as crucial in the international battle against hunger and poverty. He delivered this remark on Monday during the opening session of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil. He said, “This bold and visionary step underscores Brazil’s leadership in addressing one of the most urgent and persistent challenges facing our world today. “The creation of this Alliance marks a significant milestone in our global efforts to eradicate hunger and poverty, and it also sends a powerful message of solidarity to vulnerable populations around the globe. “By fostering collaboration between governments, international organisations, and civil society, this initiative offers a comprehensive approach not only to addressing immediate needs but also tackling the structural causes of hunger and poverty. “These goals are at the core of Nigeria's development agenda, and the Alliance offers a platform to accelerate progress towards them. “By collaborating with international partners, Nigeria aims to leverage best practices, innovative solutions, and financial support to enhance its efforts to combat poverty and hunger. The endorsement reinforces Nigeria's role as a key player in global efforts to promote sustainable development and improve the quality of life for all its citizens. “The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality. Africa deserves priority in this. “The Security Council should expand its permanent and non-permanent member categories to reflect the world’s diversity and plurality better. “Africa deserves priority in this process, and two permanent seats should be allocated to it with equal rights and responsibilities. Nigeria stands ready and willing to serve as a representative of Africa in this capacity.” In a statement delivered by Ambassador Yusuf Tuggar, the Minister of Foreign Affairs, President Tinubu remarked that the G20 has evolved into a progressive international institution that champions reform-oriented multilateralism.0 Comentários 0 Compartilhamentos 403 Visualizações 0 Anterior - BREAKING: The Supreme Court has dismissed the lawsuit filed by several state governments that questioned the constitutionality of the legislation that established the EFCC, ICPC and NFIU.
The initial lawsuit was filed by the Attorney General of Kogi State, and subsequently, additional states joined in filing comparable lawsuits, with the Attorney-General of the Federation (AGF) named as the sole defendant.BREAKING: The Supreme Court has dismissed the lawsuit filed by several state governments that questioned the constitutionality of the legislation that established the EFCC, ICPC and NFIU. The initial lawsuit was filed by the Attorney General of Kogi State, and subsequently, additional states joined in filing comparable lawsuits, with the Attorney-General of the Federation (AGF) named as the sole defendant. - The federal government has outlined a proposed total expenditure of N47.9 trillion for the 2025 budget.
On Thursday, following the federal executive council (FEC) meeting led by President Bola Tinubu, Atiku Bagudu, the Minister of Budget and Economic Planning, addressed reporters.
He stated that the Federal Executive Council set the crude oil price at $75, with an exchange rate of N1400 to $1, and an anticipated oil production level of 2.06 million barrels per day.
Bagudu mentioned that with a growth rate of 3.19% projected for the second quarter of 2024, the Federal government remains committed to addressing inflation, enhancing economic resilience, and offering increased support for economy.
He emphasized that the executive will take necessary measures to guarantee that the 2025 budget is approved and signed before end of December 2024.The federal government has outlined a proposed total expenditure of N47.9 trillion for the 2025 budget. On Thursday, following the federal executive council (FEC) meeting led by President Bola Tinubu, Atiku Bagudu, the Minister of Budget and Economic Planning, addressed reporters. He stated that the Federal Executive Council set the crude oil price at $75, with an exchange rate of N1400 to $1, and an anticipated oil production level of 2.06 million barrels per day. Bagudu mentioned that with a growth rate of 3.19% projected for the second quarter of 2024, the Federal government remains committed to addressing inflation, enhancing economic resilience, and offering increased support for economy. He emphasized that the executive will take necessary measures to guarantee that the 2025 budget is approved and signed before end of December 2024.0 Comentários 0 Compartilhamentos 431 Visualizações 0 Anterior - The Transmission Company of Nigeria (TCN) reports an alarming incident where armed individuals stormed the construction site of its 330/132/33kV transmission substation in Obajana, Kogi State. This distressing event took place on the night of November 12, 2024, around 11:55 PM.The Transmission Company of Nigeria (TCN) reports an alarming incident where armed individuals stormed the construction site of its 330/132/33kV transmission substation in Obajana, Kogi State. This distressing event took place on the night of November 12, 2024, around 11:55 PM.0 Comentários 0 Compartilhamentos 362 Visualizações 0 Anterior
- The Nigerian Railway Corporation (NRC) has expanded its train operations on the Abuja-Kaduna route, increasing the number of services from four to six during weekdays, specifically from Monday to Friday.
On Wednesday in Lagos, Ben Iloanusi, the acting Managing Director of the Corporation, affirmed this through a statement.
The declaration was endorsed by Yakub Mohmood, who serves as the Deputy Director of Public Relations at the NRC.
“A trend analysis over a five-month period revealed a significant increase of 22 per cent in the number of new passengers registering on the ticket platform to use the Abuja-Kaduna service.
“This signifies a surge in the number of Nigerians turning to the use of train services as a comfortable, reliable and safe option of commuting.
“NRC has observed similar trends on the Lagos-Ibadan, Warri-Itakpe and Port Harcourt-Aba routes and efforts are already ongoing to beef-up services along these routes as well.
“Our valued customers are encouraged to use NRC ticket platforms online to take advantage of the increased services and shun patronage of ticket racketeers.”The Nigerian Railway Corporation (NRC) has expanded its train operations on the Abuja-Kaduna route, increasing the number of services from four to six during weekdays, specifically from Monday to Friday. On Wednesday in Lagos, Ben Iloanusi, the acting Managing Director of the Corporation, affirmed this through a statement. The declaration was endorsed by Yakub Mohmood, who serves as the Deputy Director of Public Relations at the NRC. “A trend analysis over a five-month period revealed a significant increase of 22 per cent in the number of new passengers registering on the ticket platform to use the Abuja-Kaduna service. “This signifies a surge in the number of Nigerians turning to the use of train services as a comfortable, reliable and safe option of commuting. “NRC has observed similar trends on the Lagos-Ibadan, Warri-Itakpe and Port Harcourt-Aba routes and efforts are already ongoing to beef-up services along these routes as well. “Our valued customers are encouraged to use NRC ticket platforms online to take advantage of the increased services and shun patronage of ticket racketeers.”0 Comentários 0 Compartilhamentos 471 Visualizações 0 Anterior - The GCEO of NNPCL, Mele kyari highlighted that Nigeria currently lacks energy security. He pointed out that half of the population remains without access to electricity, and 70 percent do not have access to clean fuel.
He said, “Today, when we say energy security, the thing that comes quickly to people’s mind is the availability of PMS, I think energy security is not about PMS. It’s beyond this. As a country today, we all know that over 50 per cent of our population doesn’t have access to electricity. Over 70 per cent of our population doesn’t have access to clean, good fuel. This is very true, all of us have said it over and over in the last three to five years.
“Have we taken any specific steps to close that gap in terms of having access to electricity and also access to clean fuel? I believe that substantial work has been done. And without mincing words, NNPC is left with the cross and we are humbly carrying it, proudly carrying it as NNPC Limited.”
Kyari emphasized that the oil and gas sector was never designed with the intention of prioritizing energy supply to the domestic market, stating that this was not its foundational purpose.
He added, “Every investor here, and of course the landscape is changing, don’t mind the fact that things are changing, but every investor here is here to produce oil or gas, export and make money. This is the reality. We as NNPC are left with the cross of making sure that this is made domestically available. That speaks to the availability of products for processing in the domestic market, provision of finished products in the domestic market, and also delivering gas into the domestic market.”The GCEO of NNPCL, Mele kyari highlighted that Nigeria currently lacks energy security. He pointed out that half of the population remains without access to electricity, and 70 percent do not have access to clean fuel. He said, “Today, when we say energy security, the thing that comes quickly to people’s mind is the availability of PMS, I think energy security is not about PMS. It’s beyond this. As a country today, we all know that over 50 per cent of our population doesn’t have access to electricity. Over 70 per cent of our population doesn’t have access to clean, good fuel. This is very true, all of us have said it over and over in the last three to five years. “Have we taken any specific steps to close that gap in terms of having access to electricity and also access to clean fuel? I believe that substantial work has been done. And without mincing words, NNPC is left with the cross and we are humbly carrying it, proudly carrying it as NNPC Limited.” Kyari emphasized that the oil and gas sector was never designed with the intention of prioritizing energy supply to the domestic market, stating that this was not its foundational purpose. He added, “Every investor here, and of course the landscape is changing, don’t mind the fact that things are changing, but every investor here is here to produce oil or gas, export and make money. This is the reality. We as NNPC are left with the cross of making sure that this is made domestically available. That speaks to the availability of products for processing in the domestic market, provision of finished products in the domestic market, and also delivering gas into the domestic market.”0 Comentários 0 Compartilhamentos 551 Visualizações 0 Anterior - NNPCL halts N24 trillion in fuel imports and sources directly from Dangote refinery.
Mele Kyari, the Group Chief Executive Officer of NNPC, revealed this information on Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’
He said, “Today, NNPC does not import any product, we are taking only from domestic refineries.”
Kyari refuted the claims suggesting that the NNPC was undermining the operations of the Dangote refinery.
“The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it. We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production.
“It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices. Therefore we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country, so it was a very informed business decision.
“Therefore, from day one, we knew that it is to our benefit to supply crude oil to the domestic refinery, so we don’t need to be persuaded; we don’t need anyone to talk to us, there is no need for any pressure from the streets for us to do this. We are already doing this.
“We should never forget that Nigerian crude is ’Lamborghini crude’, if we choose that every product that we have in this country must come from domestic production, then we must deal with pricing. Otherwise, out there in the global market, everybody buys Nigerian crude and blends it with dirtier crude to process, a lot of you will confirm this. So, no one takes Nigerian crude except one or two refineries that I know. Straight processing of Nigerian crude, nobody does this, because you do have a gap in value if you do this.
“Therefore, as a country, and I believe this strongly also, that we must process all the crude that we produce in the country to the optimum. You can do intermediate products and sell to the market, you are still adding value. You don’t have to sell gasoline that is coming from Nigerian production.
“You can do something different so you can process it domestically, but it’s going to be high quality. As we all know and it’s very clear in the media that we are selling high-quality products, that’s very true but you need not do this. You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing, it’s by geography, by location, and we will do everything possible to make sure that we domesticate this.
“Today, NNPC does not import any product, we are taking only from domestic refineries. But I also know that we are working jointly with the government to make sure that we manage the issue around prices if we have to source all our supply from the domestic market. It will be an issue and we are already resolving it. I can confirm that substantial work has been done and this will no longer be an issue.”NNPCL halts N24 trillion in fuel imports and sources directly from Dangote refinery. Mele Kyari, the Group Chief Executive Officer of NNPC, revealed this information on Monday during the current conference hosted by the Nigerian Association of Petroleum Explorationists in Lagos. The conference is focused on the theme ‘Addressing the Nigerian Energy Trilemma: Energy Security, Sustainable Growth, and Affordability.’ He said, “Today, NNPC does not import any product, we are taking only from domestic refineries.” Kyari refuted the claims suggesting that the NNPC was undermining the operations of the Dangote refinery. “The point is very far from it and I’m going to speak to it straight. We are very proud part-owners of Dangote refinery, no doubt about it. We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production. “It will happen, It’s already happening. Oil is found, as you know, in many unexpected locations across the world and people have choices. Therefore we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country, so it was a very informed business decision. “Therefore, from day one, we knew that it is to our benefit to supply crude oil to the domestic refinery, so we don’t need to be persuaded; we don’t need anyone to talk to us, there is no need for any pressure from the streets for us to do this. We are already doing this. “We should never forget that Nigerian crude is ’Lamborghini crude’, if we choose that every product that we have in this country must come from domestic production, then we must deal with pricing. Otherwise, out there in the global market, everybody buys Nigerian crude and blends it with dirtier crude to process, a lot of you will confirm this. So, no one takes Nigerian crude except one or two refineries that I know. Straight processing of Nigerian crude, nobody does this, because you do have a gap in value if you do this. “Therefore, as a country, and I believe this strongly also, that we must process all the crude that we produce in the country to the optimum. You can do intermediate products and sell to the market, you are still adding value. You don’t have to sell gasoline that is coming from Nigerian production. “You can do something different so you can process it domestically, but it’s going to be high quality. As we all know and it’s very clear in the media that we are selling high-quality products, that’s very true but you need not do this. You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing, it’s by geography, by location, and we will do everything possible to make sure that we domesticate this. “Today, NNPC does not import any product, we are taking only from domestic refineries. But I also know that we are working jointly with the government to make sure that we manage the issue around prices if we have to source all our supply from the domestic market. It will be an issue and we are already resolving it. I can confirm that substantial work has been done and this will no longer be an issue.”0 Comentários 0 Compartilhamentos 545 Visualizações 0 Anterior - IPMAN said that the arrangement to procure PMS directly from Dangote Refinery could lead to a reduction in fuel prices.
At a press conference held on Monday in Abuja, Abubakar Garima, the National President of IPMAN, made this announcement after convening with the National Working Committee of the association.
He clarified that the Dangote refinery has required IPMAN to directly source PMS, AGO, and DPK for subsequent distribution to IPMAN storage facilities and sales points. This updated agreement with the Dangote refinery aims to guarantee a consistent and uninterrupted supply of PMS products throughout Nigeria at a reasonable price.
He said, “That this new arrangement with the Dangote refinery will ensure a steady and ceaseless supply of PMS products all over Nigeria, at an affordable rate for Nigerians also.
“All IPMAN members should fully support the Dangote refinery, as it’s the ideal thing to do considering the monumental benefits of backward integration and the medium to long-term impact it will have on the Foreign Exchange markets in Nigeria.
“IPMAN members nationwide should rely on the Dangote refinery and Nigerian rfineries for their white products, as this will translate into ensuring more job opportunities in Nigeria, as well as signify total support for President Bola Tinubu’s Renewed Hope Agenda.”IPMAN said that the arrangement to procure PMS directly from Dangote Refinery could lead to a reduction in fuel prices. At a press conference held on Monday in Abuja, Abubakar Garima, the National President of IPMAN, made this announcement after convening with the National Working Committee of the association. He clarified that the Dangote refinery has required IPMAN to directly source PMS, AGO, and DPK for subsequent distribution to IPMAN storage facilities and sales points. This updated agreement with the Dangote refinery aims to guarantee a consistent and uninterrupted supply of PMS products throughout Nigeria at a reasonable price. He said, “That this new arrangement with the Dangote refinery will ensure a steady and ceaseless supply of PMS products all over Nigeria, at an affordable rate for Nigerians also. “All IPMAN members should fully support the Dangote refinery, as it’s the ideal thing to do considering the monumental benefits of backward integration and the medium to long-term impact it will have on the Foreign Exchange markets in Nigeria. “IPMAN members nationwide should rely on the Dangote refinery and Nigerian rfineries for their white products, as this will translate into ensuring more job opportunities in Nigeria, as well as signify total support for President Bola Tinubu’s Renewed Hope Agenda.”0 Comentários 0 Compartilhamentos 334 Visualizações 0 Anterior - At the Saudi summit, President Tinubu called for an immediate end of the Israeli aggression in Gaza and emphasized the importance of realizing a two-state solution.
In his address to the significant Arab-Islamic Summit, which was called to discuss the ongoing situation in the Middle East, President Tinubu conveyed his serious worries regarding the humanitarian conditions in Gaza.
He said, “The conflict in Palestine has persisted for far too long, inflicting immeasurable suffering on countless lives.
''As representatives of nations that value justice, dignity, and the sanctity of human life, we have a moral obligation to collectively bring about an immediate end to this conflict.
''It is not enough to issue empty condemnations. The world must work towards an end to Israeli aggression in Gaza, which has persisted for far too long.
"No political aim, no military strategy, and no security concern should come at the expense of so many innocent lives.
''In a rules-based international order, States have the right of self-defence. But self defence must take proportionality into account, in line with global legal, diplomatic - and moral - frameworks.
''An entire civilian population, their dreams and futures, cannot be dismissed as collateral.
''It is not just a diplomatic article of faith; it is a vision grounded in the principles of equality and mutual recognition.
''Achieving this vision requires a commitment to dialogue and respect for history. We all know this conflict did not begin on October 7 in 2023. It can only be resolved through principled compromise, based on appreciation of the proper context.
''This conflict, in the cradle of history, is so visceral that the ripples of division spread far and quickly. The corrosive impact of the images of endless violence, repeated on a billion smart phones around the world is huge. We need to find new pathways to peace, without delay.
''Our own experiences, domestically and regionally, have taught us that identity politics are no substitute for respecting the nuances of diversity,'' he said.
''the path to reconciliation may be fraught with challenges, but it is through honest conversation that we can foster understanding.
''The international community has the opportunity to bring to bear new thinking on this most relentless challenge.
''It is our duty to engage in this dialogue with sincerity and resolve, recognising the complexities that each side faces.''At the Saudi summit, President Tinubu called for an immediate end of the Israeli aggression in Gaza and emphasized the importance of realizing a two-state solution. In his address to the significant Arab-Islamic Summit, which was called to discuss the ongoing situation in the Middle East, President Tinubu conveyed his serious worries regarding the humanitarian conditions in Gaza. He said, “The conflict in Palestine has persisted for far too long, inflicting immeasurable suffering on countless lives. ''As representatives of nations that value justice, dignity, and the sanctity of human life, we have a moral obligation to collectively bring about an immediate end to this conflict. ''It is not enough to issue empty condemnations. The world must work towards an end to Israeli aggression in Gaza, which has persisted for far too long. "No political aim, no military strategy, and no security concern should come at the expense of so many innocent lives. ''In a rules-based international order, States have the right of self-defence. But self defence must take proportionality into account, in line with global legal, diplomatic - and moral - frameworks. ''An entire civilian population, their dreams and futures, cannot be dismissed as collateral. ''It is not just a diplomatic article of faith; it is a vision grounded in the principles of equality and mutual recognition. ''Achieving this vision requires a commitment to dialogue and respect for history. We all know this conflict did not begin on October 7 in 2023. It can only be resolved through principled compromise, based on appreciation of the proper context. ''This conflict, in the cradle of history, is so visceral that the ripples of division spread far and quickly. The corrosive impact of the images of endless violence, repeated on a billion smart phones around the world is huge. We need to find new pathways to peace, without delay. ''Our own experiences, domestically and regionally, have taught us that identity politics are no substitute for respecting the nuances of diversity,'' he said. ''the path to reconciliation may be fraught with challenges, but it is through honest conversation that we can foster understanding. ''The international community has the opportunity to bring to bear new thinking on this most relentless challenge. ''It is our duty to engage in this dialogue with sincerity and resolve, recognising the complexities that each side faces.''0 Comentários 0 Compartilhamentos 562 Visualizações 0 Anterior - To do list::::
1. Celebrate Man United victory over struggling Leicester City...
2. Celebrate Chelsea downfall against Arteta ArsenalTo do list:::: 1. Celebrate Man United victory over struggling Leicester City... 2. Celebrate Chelsea downfall against Arteta Arsenal ✌️0 Comentários 0 Compartilhamentos 131 Visualizações 0 Anterior - Governor Siminalayi Fubara of Rivers State has declared his intention to present the state’s 2025 budget to the State House of Assembly, led by Victor Oko-Jumbo.
Fubara delivered this remark during the official inauguration of two state-of-the-art community town halls, as well as the introduction of a tertiary scholarship and empowerment initiative launched by the Speaker for the Akiama and Aganya communities in the Bonny Local Government Area on Saturday.
He said, “The government and the people of Rivers State heartily congratulate you and thank you for being a good ambassador of the Ibani Kingdom. We assure you that, as the executive arm, while the legislative arm remains independent, we will continue to collaborate to ensure prosperity for our people.
“I thank you, Mr Speaker, for your support to the Rivers State government, as seen in your cooperation. The Speaker has facilitated the screening of caretaker committee chairmen, expedited executive requests, and will soon play a vital role in enacting the 2025 budget.
“Constituency projects are a testament to elected representatives’ commitment to their people. Meanwhile, the 25 former Assembly members who dismissed themselves — have they initiated any projects? Do we see them inspecting or commissioning anything? These are Abuja-based politicians!”Governor Siminalayi Fubara of Rivers State has declared his intention to present the state’s 2025 budget to the State House of Assembly, led by Victor Oko-Jumbo. Fubara delivered this remark during the official inauguration of two state-of-the-art community town halls, as well as the introduction of a tertiary scholarship and empowerment initiative launched by the Speaker for the Akiama and Aganya communities in the Bonny Local Government Area on Saturday. He said, “The government and the people of Rivers State heartily congratulate you and thank you for being a good ambassador of the Ibani Kingdom. We assure you that, as the executive arm, while the legislative arm remains independent, we will continue to collaborate to ensure prosperity for our people. “I thank you, Mr Speaker, for your support to the Rivers State government, as seen in your cooperation. The Speaker has facilitated the screening of caretaker committee chairmen, expedited executive requests, and will soon play a vital role in enacting the 2025 budget. “Constituency projects are a testament to elected representatives’ commitment to their people. Meanwhile, the 25 former Assembly members who dismissed themselves — have they initiated any projects? Do we see them inspecting or commissioning anything? These are Abuja-based politicians!”0 Comentários 0 Compartilhamentos 360 Visualizações 0 Anterior - Mr. Taiwo Oyedele, the Chairman of the Presidential Tax Reform Committee, has sounded a warning that if state governments are permitted to collect value-added tax (VAT), it could lead to significant harm for businesses and a decline in the economy.
Oyedele noted that a comparable strategy was tried in the 1980s with sales tax; however, the sub-national governments were unable to generate considerable revenue from it.
He said, “By 1999, we were writing the constitution because we now have the 4th Republic. But what we did was to just replicate the 1979 Constitution.
“In 1979, there was no VAT. So, there was no VAT in the 1979 Constitution.
“However, by 1999, we had implemented VAT for about five years. And it was becoming our top revenue tax. How on earth did we forget to put it in the 1999 Constitution? “Because it wasn’t stated in the 1999 Constitution, lawyers will state to you that it’s a residual matter.
“Because it’s a residual matter means it belongs to the subnational. That’s why Rivers State and Lagos State have been to court and won.
“If we get a judgment from the Supreme Court today, it will tell you that VAT should be collected and administered by the states. That will be chaotic.
“States will collect less, businesses will suffer, the economy will retrogress.
“On balance, the new reform is meant to treat everybody equitably. Try to get us out of the impression that when you start doing VAT at state level, you make so much money, which is not the case.
“In fact, today, the VAT on imports and international services is actually more than the VAT we collect in Nigeria, within our jurisdiction.
“And that amount that is collected from international services and import VAT is not attributed to any state. It goes into the pool and is shared.
“So, today we shared VAT between and among states based on derivation, 20 per cent; based on equality, 50 per cent; and based on population, 30 per cent we are proposing that correct derivation and share, 60 per cent based on derivation, 20 per cent based on population and 20 per cent based on equality.”Mr. Taiwo Oyedele, the Chairman of the Presidential Tax Reform Committee, has sounded a warning that if state governments are permitted to collect value-added tax (VAT), it could lead to significant harm for businesses and a decline in the economy. Oyedele noted that a comparable strategy was tried in the 1980s with sales tax; however, the sub-national governments were unable to generate considerable revenue from it. He said, “By 1999, we were writing the constitution because we now have the 4th Republic. But what we did was to just replicate the 1979 Constitution. “In 1979, there was no VAT. So, there was no VAT in the 1979 Constitution. “However, by 1999, we had implemented VAT for about five years. And it was becoming our top revenue tax. How on earth did we forget to put it in the 1999 Constitution? “Because it wasn’t stated in the 1999 Constitution, lawyers will state to you that it’s a residual matter. “Because it’s a residual matter means it belongs to the subnational. That’s why Rivers State and Lagos State have been to court and won. “If we get a judgment from the Supreme Court today, it will tell you that VAT should be collected and administered by the states. That will be chaotic. “States will collect less, businesses will suffer, the economy will retrogress. “On balance, the new reform is meant to treat everybody equitably. Try to get us out of the impression that when you start doing VAT at state level, you make so much money, which is not the case. “In fact, today, the VAT on imports and international services is actually more than the VAT we collect in Nigeria, within our jurisdiction. “And that amount that is collected from international services and import VAT is not attributed to any state. It goes into the pool and is shared. “So, today we shared VAT between and among states based on derivation, 20 per cent; based on equality, 50 per cent; and based on population, 30 per cent we are proposing that correct derivation and share, 60 per cent based on derivation, 20 per cent based on population and 20 per cent based on equality.”0 Comentários 0 Compartilhamentos 460 Visualizações 0 Anterior
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