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Published 2 May 2021
Several ad hoc committees set up by the House of Representatives to carry out various tasks have failed to comply with a directive by the Speaker, Femi Gbajabiamila, who asked all the panels to present their reports by the end of April.
The Speaker, Femi Gbajabiamila, had on April 21, 2021, asked all ad hoc committees to lay their reports by the end of the month.
“Please, as a reminder, all ad hoc committees are to submit their reports 30th April – end of this month,” he said.
The next day, Gbajabiamila again reminded the panels of the deadline.
Refineries record N5 4bn deficit, as NNPC lifts $407 15m crude - vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Emmanuel Addeh in Abuja
A cumulative volume of 734 million barrels of crude oil and condensates were lifted by all parties, including oil multinationals and the Nigerian Petroleum Development Company (NPDC) between October 2019 and October 2020, the Nigerian National Petroleum Corporation (NNPC) has said.
In terms of accrual values for the lifted barrels, the NNPC data showed that from all government sources, a gross revenue of $9.71 billion was raked in while the corporation’s Joint Venture (JV) with International Oil Companies (IOCs) yielded $22.9 billion in the period under review.
Also, Production Sharing Contracts (PSC) taxes were $1.84 billion, royalties paid to the Department of Petroleum Resources (DPR) were $430.7 million, revenue from federation export was $2.0 billion, domestic sales were $5.4 billion, amounting to roughly $33.7 billion sales between October 2019 and December 2020.
Daily Post Nigeria
Published
Good morning! Here is today’s summary from Nigerian Newspapers:
1. As the level of insecurity continues to rise across the country, President Muhammadu Buhari, yesterday, ordered security agencies to shoot anyone carrying an AK-47 rifle. His spokesman, Garba Shehu, made the announcement in an interview with the BBC Hausa.
2. The Nigerian pastor who the Boko Haram insurgents scheduled for execution yesterday, Wednesday, if the government failed to intervene, Pastor Bulus Yakuru, has regained freedom. He was released on Wednesday evening.
3. The Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) yesterday, resolved to end the blockade of supplies to the south. The leadership of the union made the announcement shortly after a meeting with the Kogi State Governor, Yahaya Bello.
NNPC: Reps probe 5 2m barrels Direct Sale Direct Purchase crude oil allocation tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.