NewsReports

• Reps maintains 5% for host communities• PANDEF, host communities reject 3/5% equity shareholding• Despite PIB, FG to spend N900b for subsidy in 2022 At long last, the Senate yesterday passed the much-awaited Petroleum Industry Bill (PIB), with 30 per cent of profits accruing from Oil and Gas operations by the Nigeria National Petroleum Corporation (NNPC) now to be set aside …

There is tension in Enugu State as men of the Nigerian Army reportedly invaded two communities in the Nkanu East and Nkanu West local government areas of the state. PUNCH Metro gathered that the affected communities are Ekpoffo and Akpugo. Although the reason for the invasion could not be immediately ascertained, villagers who spoke from their hidings told our correspondent on …

Residence of the Yoruba Nation agitator, Mr Sunday Adeyemo (aka Sunday Igboho), after an attack on the house by the Department of State Services in Ibadan and suspects arrested in the house during their parade in Abuja…on Thursday. Photos: Olufemi Olaniyi and Olatunji Obasa The Department of State Services, on Thursday, paraded 12 of Sunday Igboho’s followers, saying one other …

The Umbrella body of Yoruba Self-Determination Groups, Ilana Omo Oodua, has said that the pro-Yoruba Nation’s rally scheduled to hold in Lagos State on Saturday will go on as scheduled. FILE: Sunday Igboho addressing Yoruba Nation proponents at a rally in Osogbo… on Saturday. The group, which is headed by a Renowned Historian and Second Republic Member of the Nigerian …

New York prosecutors on Thursday charged the Trump Organization and its chief financial officer, Allen Weisselberg, with a 15-year alleged tax scheme that marked the first criminal case against the former President’s namesake company. An indictment unsealed Thursday by the Manhattan district attorney’s office charged the company and an entity called Trump Payroll Corporation with 10 counts and Weisselberg with …

Nigeria has the potentials to become not only less dependent on crude oil as a major revenue earner, but millions of job opportunities will be created for Nigerians, among other benefits to the economy, if it effectively harness and maximize its plethora of natural resources.  Prof. Osinbajo stated this on Thursday at the maiden edition of the (virtual) Strategic Engagement …

…No going back, Akintoye insists as Lagos govt bans rally Nigeria’s secrete service, the Department of State Services has paraded 11 men and a woman arrested after a fierce gun battle with Sunday Adeniyi Adeyemo, alias Igboho in Ibadan, Oyo State in the early hours of today. The operatives recovered a cache of arms and also took the suspects to …

The National Pension Commission has said that the Federal Government has given an order to clear the outstanding pensions of its retirees under the Contributory Pension Scheme. PenCom said this on Wednesday in a statement titled ‘Presidential approval for payment of outstanding pension liabilities under the Contributory Pension Scheme’. Director-General, PenCom, Mrs Aisha Dahir-Umar It informed all its stakeholders, particularly …

Edo State Governor, Godwin Obaseki, has said his administration is going to revive technical education in the state and will soon set up technical colleges in all the local government areas of the state. He has also directed all junior secondary schools in the state to henceforth be under the supervision of State Universal Basic Education Board, SUBEB. Speaking during …

Two major riverine communities in Ondo State are to enjoy an uninterrupted power supply for the first time through the Solar Power Mini-Grid Energy Cabins. The electricity project was inaugurated by the NNPC/Chevron Nigeria Ltd Joint Venture, CNL, in partnership with Ilaje Rural Development Committee, IRDC, and Foundation for Partnership Initiatives in the Niger Delta, PIND. This gesture which elicited …