NNPC Ltd: FG to Hold Equity in Trust for Federation

The Minister of State for Petroleum Corporation, Chief Timipre Sylva, says the Federal Government will hold an equity stake in trust for the federation in the proposed NNPC Ltd. in the Petroleum Industry Act (PIA). Sylva said this while briefing newsmen, in Abuja, on Thursday. “Just like in the Nigeria Liquified Natural Gas (NLNG), the…

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FG Inaugurates Petroleum Industry Act Steering Committee

The Federal Government has inaugurated the Steering Committee for the implementation of the Petroleum Industry Act ( PIA) and charged them to ensure effective implementation of the act. The Minister of State for Petroleum Resources, Chief Timipre Sylva, at the inauguration on Thursday in Abuja, said the Act would ensure desired development for the country….

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Osinbajo Presides Over FEC Meeting

Vice President Yemi Osinbajo today (Wednesday) presided over a virtual meeting of the Federal Executive Council(FEC) at the Presidential Villa, Abuja. President Muhammadu Buhari is in London, UK, for a medical check-up after participating in the Global Education Summit on Financing Global Partnership for Education (GPE) 2021 to 2025. Ministers physically present at the virtual…

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Sanwo-Olu Swears-In Newly Elected 57 Council Chairmen

the Lagos State Governor, Mr Babajide Sanwo-Olu, on Tuesday swore in the 57 newly elected Local Government and Local Government Development Council chairmen and vice chairmen in the state. Speaking during the swearing-in ceremony at Lagos House, Ikeja, Sanwo-Olu urged the new council executives to always put the residents first in all that they do…

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