Buhari receives NNPC certificate of incorporation, says company can compete with global peers
The President, Major General Muhammadu Buhari (retd.), on Friday, received the certificate of incorporation of the Nigeria National Petroleum Company Limited, saying the country expects nothing less from the Board of Directors, the Chief Executive Officer, and the Chief Finance Officer, “than the realization of a global national oil company that this nation desires and deserves.”
Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement titled, ‘We expect NNPC to be nothing less than global oil company, says President Buhari’.
The PUNCH had earlier reported that, under the recently signed Petroleum Industry Act (2021), the NNPC would operate as a limited liability company.
No ransom for perm sec, we’re battling bandits – Niger
The Niger State Government has said it will not pay any ransom for the Permanent Secretary, Ministry of Transport, Ibrahim Musa, who was abducted last week.
The state Commissioner for Information and Strategy, Muhammad Idris, noted that the government would not compromise its stance of non-payment of ransom.
Idris spoke at a press briefing after the state executive council meeting at the Government House, Minna.
The permanent secretary was abducted along with his daughter at night in his house in Zungeru after attending a wedding.
Nigeria grants N992.9bn import waivers in two years – Report
Within a two-year period covering January 2019 and December 2020, the Federal Government through the Nigerian Customs Services granted the sum of N992.9bn as waivers on imported goods, findings have shown.
The N992.9bn comprises N213.1bn recorded in 2019 and N779.7bn waived in 2020, data from the 2022-2024 Medium-Term Expenditure Framework and Fiscal Strategy Paper revealed.
Import duty waivers, exemptions and concessions are used by governments in various parts of the world to protect local businesses and jobs but they have typically been abused in Nigeria and have become a major drain on the national economy.
Abducted female victim rescued, suspect arrested in Delta
A female kidnapped victim Sekinat Mohammed has been rescued by the Delta State Police Command.
The victim, 27, who was in the company of her boyfriend (name withheld) was abducted at Koko Junction, off the Sapele/Benin Expressway around 11:30 am on Monday.
Manhunt for the suspects led to the arrest of a gang member, Emuesiri Umokoro, 27, at the kidnapper’s den.
A statement by the police spokesman, DSP Bright Edafe said the couple was on their way to Lagos in a Futon Truck with registration number FST 345 YD, when they were accosted by a three-man gang.
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