Nation
PIA To Open Investment Opportunities In Nigeria-Kyari
Chief Executive Officer, Nigerian National Petroleum Company (NNPC), Mallam Mele Kyari, says the newly passed Petroleum Industry Act (PIA) will attract more business Investments in Nigeria.
Kyari gave this assurance at the ongoing World Petroleum Congress on Wednesday, in Houston, Texas.
Kyari spoke on the theme tagged “ Building Partnership”, which he described as a key aspect of the oil industry’s operating model.
The NNPC boss said: “Our industry has been struggling with the fiscal environment in Nigeria, such as issues surrounding investors investing money and getting it back with returns they deserve and without fiscal stability and sanctity of contracts.
“This is what our new law has done to bring all these in focus to ensure that fiscal environment is very competitive with world class practices that you can find in stability and security.
“ We have a robust partnership today working for us; we are also looking forward to more partnership.
“ Partnerships are now required for energy transition in a way and manner that will secure energy security,” he added.
Kyari said that Nigeria and indeed NNPC had a long history of contributing to global energy security and sustainable partnerships, which is premised on commitments and trust that have been built together with partners for well over 50 years.
He added that Nigeria had renewed its commitment to attracting investments in the oil and gas Industry by the recent passage of the Petroleum Industry Act 2021.
He said that the Act provides the needed improvements in fiscal and governance frameworks, emphasizes transparency and accountability as well as provides a level playing field for all players.
“This is indeed a new dawn for investors as well as our National Oil Company (NNPC), that is transiting to a commercially oriented limited liability company,” he noted.
On challenges, Kyari said today, our industry is faced with a multitude of challenges, one of which is the requirement for a careful balancing of the aspirations of energy transition and energy security.
He said that lack of investment capital for oil and gas is already creating energy crises around the world.
“Who would have ever thought that the price of natural gas could sell as high as 60 dollars per million British Thermal Unit (MMBtu),” he asked.
On energy and economic security, NNPC boss said it was important to pinpoint the fact that the energy and economic security of many resource- rich countries where dependent on the development of their hydrocarbon resources.
He said this was an important source of generating revenue, providing employment and alleviating energy poverty in these countries, while ensuring that the world never lacked the energy it required to function effectively.
According him, compounding result of all these factors is the stifling of supply sources, thereby creating a shortage of sustainable energy supply to the world.
“We have seen how building sustainable partnerships is working in the Industry with one of the recent example being the alliance of Canada’s oil sands producers to achieve the net-zero emissions, forced by the pressure to meet energy transition goals.
“There is a need to ensure sustainable partnerships between the oil and gas industry, host governments, host communities towards ensuring compliance with Environmental, Social, and Governance (ESG) principles.
Nation
NUJ backs proposed strike by Lagos-owned media workers
The Nigeria Union of Journalists (NUJ) Lagos State Council has thrown its weight behind the proposed industrial action by the Lagos State-owned media organisations.
The proposed industrial action is set to begin on Monday, Jan. 13.
In a letter jointly signed by the Lagos State NUJ Chairman, Mr Adeleye Ajayi, and the Secretary, Mr Tunde Olalere, on Thursday, the union expressed its support for the strike.
The letter, dated Jan. 9, was addressed to the General Manager of Lagos Television, Agidingbi, Ikeja.
The NUJ, along with the Radio, Television, Theatre and Arts Worker’s Union (RATTAWU) of the Lagos State Broadcasting Corporations, including Lagos Television, Radio Lagos/EKO FM, and Lagos Traffic Radio, had announced the proposed strike.
They said this was in response to the non-payment of the minimum wage and integration into the Oracle database by the state government.
The union leadership stated that it was fully aware of the several discussions, congresses, and notices given to the state government regarding the need for state-owned media house workers to be integrated into the Oracle database.
“You will agree with the union that these were enough notices given to address the issues at stake,” the letter read in part.
The leaders recalled that an initial 10-day ultimatum was issued, followed by a 21-day ultimatum, and finally, a seven-day final ultimatum.
“It is imperative that our members working in the state-owned media organisations should also enjoy the new minimum wage like other workers of the state,” the NUJ stated.
The union further noted that the revenue generated by state-owned media organisations could no longer sustain the payment of workers’ salaries and benefits, highlighting the urgent need for the state government to intervene for their survival.
“The welfare of our dear members is paramount and this is why the union deems it fit to support and pledge solidarity with our members going on strike,” the union stated.
The union also acknowledged the commitment and dedication of protesting workers to their duties in propagating state government policies and activities, stating that such dedication should be rewarded by the state government.
“The union, therefore, advises that only an amicable resolution and approval of the demands of our members can stop the industrial action,” the union stated.
Nation
New Rivers CP assures of non partisan …moves against human rights violation
The new Rivers state commissioner of police ,CP Olugbenga Adepoju has assured that his administration will remain apolitical in the discharge of his duties in the state.
Adepoju who officially assumed office last Friday as the 47th police commissioner of police stated this during his median press briefing held at state police command over the weekend in Port Harcourt.
He assured that under his watch as the police helmsman in the state his administration will ensure protection of human rights and warn that any police officer who violate the rights of people will be sanctioned in accordance with the police act and
urged Rivers people to hold the Police accountable, share view of people with police.
“We are committed to transparency.
My priority is to ensure safety, security and welfare of all residents in the state.
Being an economic hub of the country,the state faces challenges of crisis from political interest, economic sabotage illegal oil bunkering.
“I will ensure Rivers people sleep with their two eyes close. I have what it takes to keep the command safe.We do Intelligence gathering work with community and public engagement to proactively prevent crime.We have meetings and seminars with members of the public.”
“We will enforce discipline and ensure zero tolerance for corruption.I have my team.I will put them to work.There will be improvement on the part of my officers.
“We will Combat youth restiveness and cultism, oil theft, environmental crime. we will work with other agencies to ensure is reduce to the barest minimum.
“We will enhance response time and police visibility. We do all we can for our men to respond to distress call in time. We will deploy more men in metro. More visibility policing.
“We will address land grabbing issues.We will work with our legal team. If we have to partake in any execution order, we will look at it critically.
“We will enforce all vehicle regulations with human face. Especially tinted glasses. We may excuse those that have it from the factory. Either the vehicle will be impounded, the tinted glass removed or they are charged to court.
“Our men will not violate rights of citizens. If there is any violation of rights, it should be reported to the police for necessary actions. Our men will be more professional and polite to the people “he stated
CP Adepoju however urged residents of the state,the media and all necessary stakeholders to give the Police the relevant cooperation and support for effective policing of the society.
Akujobi amadi
Nation
Police invites assaulted female victim, assures of protection
The Rivers State Police Command says it has acknowledged a social media report on alleged assault of a lady by police officers along Evo Road, Port Harcourt.
A statement signed by the police public Relations Officer (PPRO),SP Grace Iringe Koko in Port Harcourt, yesterday said the police acknowledged the report of such alleged assault and invite the lady involved to visit the command so as to enable the command to commence investigation with a view to apprehend the officers involved.
“We urge the lady involved to visit the Police Headquarters to enable a thorough investigation into the matter. This step will assist us in identifying the officers involved and ensuring that appropriate actions are taken.”
“The Command appeals to members of the public to cooperate with police officers during stop-and-search operations, as these measures are essential in combating crime and maintaining security.”
“We also encourage residents to report any misconduct by police officers through the following channels:
• PPRO: 0816 135 5218
• Control Room: 08032003514, 08098880134
• Complaint Response Unit (CRU): 07057605256, 08120822987, 07072323049, 07057605209”
“Your cooperation is vital in helping us maintain accountability and professionalism within the Rivers State Police Command.
Thank you.”
Akujobi Amadi
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