Live Breaking News & Updates on Kaztec Engineering
Stay updated with breaking news from Kaztec engineering. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ON THE GO Emery punishes Arsenal as Villarreal, Man United qualify for Europa League final Villarreal have knocked Arsenal out of the Europa League with a 0-0 draw at the Emirates to secure a place in the Europa League final against Manchester United.Advertisement On Thursday. Masari: Thousands of hectares of farmland abandoned in Katsina over bandits’ attacks Aminu Masari, governor of Katsina, says farmers abandoned thousands of hectares of farmland in the state in 2020, due to incessant attacks by bandits.Advertisement According to NAN, the governor said. Fire guts fabric market in Oshodi, Lagos Fire has gutted a section of the Cairo market in Oshodi-Isolo LGA of Lagos state.Advertisement TheCable understands that the fire started around 8pm on Thursday, and affected the fabric section. ....
Reps panel threatens to summon Buhari The Reps panel is investigating the controversy surrounding some oil licenses. 3 min read The House of Representatives Committee on Petroleum (Upstream) has given the Nigerian National Petroleum Corporation (NNPC) 14 days ultimatum to appear before it. Should the NNPC fail to appear, the committee said, it will summon the Minister of Petroleum, President Muhammadu Buhari. The committee is investigating the revocation and reversal order on the operating licences of OML 123, 124, 126 and 137. The oil assets have been the subject of dispute between Chinese-owned oil companies and the federal government. The dispute led to the revocation and restoration of the mining licenses by the Buhari administration. ....
EXCLUSIVE: Oil Minister Plots With Gbajabiamila, Others To Regain Four Oil Blocks Revoked By Buhari SaharaReporters gathered that the latest plot is to try to pressurise Buhari to reverse his decision on the four OMLs the President had returned to Addax and the Nigerian National Petroleum Corporation. by Saharareporters, New York May 07, 2021 In a desperate move, the Minister of State for Petroleum Resources, Timipre Sylva, has consulted with the Speaker of the House of the Representatives, Femi Gbajabiamila to perfect his plot to ensure that four Oil Mining Leases, formerly operated by the Addax Petroleum Nigeria Limited, are diverted to his proxy firms. ....
Nigerian National Petroleum Corporation is to appear before the committee in two weeks, but lawmakers say they will invite President Muhammadu Buhari as the minister of petroleum resources if NNPC fails to appear as it has done in the past. Sylva defended the revocation using portions of the Act that give the minister power to “revoke any oil prospecting licence or Oil Mining Licence” in the event of clear breaches by a “Licence” and other reasons specified in the Act. Sylva informed that the said assets have not been optimally managed, adding that they were producing 130,000 barrels per day before acquisition by Addax which fell to 25,000 barrels per day. ....
Reps may summon Buhari over alleged oil licensing fraud On By Tordue Salem – Abuja The House of Representatives Committee on Petroleum Resources(Upstream), Thursday, threatened to summon President Muhammadu Buhari over circumstances leading to the revocation and re-award of Oil Mining Leases(OML). The Chairman of the Committee, Rep. Musa Sarki Adar, issued the warning while interacting with the Minister of State for Petroleum Resources, Chief Timipre Sylva, on the alleged wrongful revocation of Oil Licenses and re-issue to other companies. The committee issued the warning in response to the failure of Nigeria National Petroleum Corporation, NNPC, Addax Petroleum Company Limited, Kaztec Engineering Limited, and Salvic Petroleum Limited, to honour their invitation by the panel and make their submissions on the subject. ....