NASS To Send Petroleum Industry Governance Bill To President Buhari – Nigerian News – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

Nigerian News

NASS To Send Petroleum Industry Governance Bill To President Buhari

Published

on

NASS To Send Petroleum Industry Governance Bill To President Buhari

Chairman of the House Committee on Petroleum Resources (downstream), Joseph Akinlaja, says the National Assembly would soon send back the petroleum industry governance bill to President Muhammadu Buhari.

Senior special assistant to the president on National Assembly matters, Ita Enang, identified in august that one of the reasons for the president declining assent could be because of the provision permitting the petroleum regulatory commission to retain as much as a tenth of revenue generated.

Itang said the president’s position was that the provision unduly increased the funds accruing to the commission to the detriment of the revenue available to the federal, states, federal capital territory and local governments in the country.

Akinlaja said members of the house of representatives were working to ensure the passage of the petroleum industry bill before the end of their tenure in may next year.

Business News

US Ambassador Advises Nigeria To Diversify Economy

Published

on

By

US Ambassador Advises Nigeria To Diversify Economy

U.S. Ambassador to Nigeria, Stuart Symington, has advised Nigeria to diversify its economy to experience deeper growth and development.

The ambassador gave the advice at the annual dinner of the Nigeria-American Chamber of Commerce annual dinner in Lagos on Sunday.

In a statement delivered by Ebuka Igochukwu, the chamber’s communication manager, Symington said Nigeria should reduce its dependence on crude oil.

Another speaker at the event, Chief Olusegun Osunkeye, a former Nestle Foods Chairman, said Nigeria has to unearth the golden opportunities for economic growth and development. To do that, he recommended Agriculture and ICT which he said are viable alternatives to crude oil.

Honeywell chairman, Oba Otudeko, expressed concern bout the low performance of non-oil nigerian businesses in taking advantage of African Growth and Opportunity Act, AGOA.

NACC president, Otunba Oluwatoyin Akomolafe, said the Chamber was committed to improving trade relations between Nigeria and the U.S.

Continue Reading

Entertainment News

Tunde Kelani Resigns As National Film And Video Censors Board Boss

Published

on

By

Tunde Kelani Resigns As National Film And Video Censors Board Boss

Iconic filmmaker, Tunde Kelani, hs resigned as boss of the National Film and Video Censors Board. Kelani blamed his resignation on the make-up of the board, and what he described as contradictions in the mentality of board members.

He said in a statement that his life and career do not fit into the set up of the board. The film icon said the structure is not aware of its functions, or what it is supposed to accomplish. Kelani said this has made it difficult for him to even try to fulfill those functions.

The filmmaker said he has decided to resign because he needed to spend his time and energy on productive, developmental, cultural, social and meaningful projects.

He said the change expected was not possible within such a large group of 52 members.

Continue Reading

Nigerian News

Drunk FRSC Official Causes Car Accident In Lagos

Published

on

By

Drunk FRSC Official Causes Car Accident In Lagos

It is a grave situation when an official, charged with guarding the law, himself is found breaking it.

That is the case of a federal road safety corps official who was allegedly drunk and who caused a car accident as a result in Lagos over the weekend.

The officer, Deputy Route Commander B. Ojeaamiren was reported to have been unable to react quickly to angry motorists whose vehicle he had bashed because of his alleged intoxication. His movement was said to be slow, and his speech slurred. The video of the incident has gone viral on social media.

Meanwhile, federal road safety corps marshal, dr. Boboye Oyeyemi has ordered an investigation into the incident.

Corps Public Education Officer, Bisi Kazeem, says the corps marshal has condemned the officer’s alleged behavior in its totality.  She also said the marshal has vowed to institute necessary disciplinary actions against the officer. He is quoted as sayng, if found guilty, the offending officer will face the law.

Continue Reading

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: