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NNPC, Budget office strategize on resource optimization

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Yemie ADEOYE

Houston Tx- THE Nigerian National Petroleum Corporation (NNPC) and the Budget Office of the Federation have commenced extensive round-robin stakeholder engagement designed to seek effective coordination of the 2020-2022 medium term fiscal frameworks.

NNPC GMD, Mallam Mele Kyari, presenting an NNPC publication to the Director General of the Budget Office of the Federation, Mr. Ben Akabueze, during the his visit to the NNPC Towers…Tuesday.

The meeting which teed-off at the NNPC Towers on Tuesday had in attendance the Group Managing Director of the Corporation, Mallam Mele Kyari, and his Top Management team in parley with the Budget Office of the Federation led by the Director General, Mr. Ben Akabueze and his team.

Mallam Kyari said the parley marked the beginning of an extensive collaboration with the budget office to harmonize strategies geared towards ensuring optimization of resources aimed at improving the corporation’s revenue generation ability.

The NNPC GMD said as the main enabler of the Nigerian economy, the NNPC would work with the Budget Office to further transparency and enhance prevailing sanity in the reporting of oil and gas revenue remittances to the Federation Account.

He said as the entity entrusted with the mandate of superintending over the nation’s vast hydrocarbon resources on behalf of the government and people of Nigeria, the NNPC must be open and accountable to all stakeholders.

Earlier in his address, Mr. Akabueze said it was important to meet with the NNPC Management at top level to drill down on all issues and possible fiscal scenarios ahead of the 2020-2023 budgetary frameworks.

He said the budget office was looking up to fruitful deliberations with the NNPC strategy team in the weeks and months ahead to smoothen the process of achieving a win-win fiscal regime.

Akabueze noted that despite the push to diversify the nation’s revenue base, the oil and gas sector remain the main earner of foreign exchange in Nigeria.

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Gas Explosion in Katsina Filling Station Damages Six Vehicles

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A gas cylinder explosion at a filling station in Jibia Local Government Area of Katsina State has resulted in significant damage to six vehicles, according to a statement from the Katsina State Police Command.

The command’s spokesperson, Abubakar Sadiq-Aliyu, confirmed the incident, which occurred on Friday, November 15, 2024.

He explained that a loud explosion alerted police operatives from the Jibia Divisional Police Headquarters. Responding promptly, the Divisional Police Officer led a team to the site, supported by military personnel.

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“Upon arrival, operatives found a truck loaded with gas cylinders engulfed in flames at Tamal filling station, along Kagadama-Magamar Jibia Road,” Sadiq-Aliyu stated. The joint team acted swiftly, deploying measures to protect lives and limit property damage. Their efforts successfully extinguished the fire.

The spokesperson added, “Six motor vehicles were significantly affected by the fire incident, but fortunately, no life was lost.”

State Commissioner of Police, Aliyu Abubakar-Musa, has directed a thorough investigation to determine the cause of the explosion. Updates on the findings will be provided as investigations progress.

This incident highlights the need for heightened safety measures at gas filling stations to prevent such occurrences.

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UNICAL Student Sound Alarm Over Dangerous Hostel Conditions

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Students of the University of Calabar have raised serious concerns about the deteriorating condition of several hostels on campus, with many fearing that the buildings could collapse due to structural damage.

The alarming situation was highlighted during a phone-in segment of the university’s Unical International Radio programme, What I Will Do If I Had Power to Run Unical, on Thursday evening.

Students, particularly those residing in Hostels 8 and 9, expressed deep worry about the growing number of cracks appearing on the walls, exacerbated by the ongoing heavy rains in Calabar.

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These cracks, they fear, could lead to the collapse of the structures, posing a significant safety risk to residents.

Jane, a female student from Malabo Republic, spoke out on the programme, emphasizing the urgency of addressing the issue.

She said, “If I had the power to run this school, the first thing I would do is initiate a massive renovation of the hostels, especially those in Malabo Republic.

“The cracks in the walls of halls 1, 2, 4, 8, and 9 are major safety concerns. The rains we’ve been having could worsen the situation and lead to a disaster. These walls could cave in at any time, and the consequences could be devastating.”

Other students echoed similar concerns, highlighting the lack of basic amenities such as electricity, which has contributed to unhygienic conditions within the hostels.

This has led to unhealthy activities in the dormitories, further adding to the students’ frustrations.

In response to the complaints, the Vice Chancellor of the University, Prof. Florence Bankong Obi, assured the students that the issue had been noted and that action would be taken to address the dilapidated state of the hostels.

“We are aware of the situation, and it has already been included in our plans for immediate action,” Prof. Obi stated.

The students are now calling on the university administration, as well as the Students’ Union Government, to prioritize the renovation of the hostels and ensure the safety and well-being of all residents.

 

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Court Pushes Falana, Falz’s Case Against VDM To January

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The Ikeja High Court has scheduled January 23 for the hearing of a high-profile defamation case filed by renowned human rights lawyer Femi Falana (SAN) and his son, musician and activist Folarin Falana, popularly known as Falz, against social media personality Vincent Otse, also known as “VeryDarkMan” (VDM).

At Thursday’s proceedings, counsel for Falana and Falz, Mr. Muiz Banire (SAN), informed the court that the necessary documents, including the originating process, had been filed and served to the opposing party.

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Banire added that a motion on notice was served on October 25, though Justice Matthias Dawodu noted that the originating process was not currently before the court.

To address the matter, Banire requested an adjournment to allow for administrative filings to be properly completed.

“In this circumstance, my lord, the best thing to do is to adjourn the matter so that we can go back to the registry to file all the administrative processes,” Banire told the court.

In response, counsel for VeryDarkMan, Mr. Marvin Omorogbe, raised concerns about the procedural validity of the case, asserting that there was no valid writ of summons before the court.

Omorogbe argued that the current writ was legally invalid and urged the court to dismiss the case on those grounds.

Justice Dawodu ultimately granted the adjournment request, setting the hearing for January 23 to allow the claimants time to address the procedural issues.

 

 

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