fbpx
Connect with us

News

Senate passes 2022 Appropriation Bill of N17.126trn

Published

on

 

 

The Senate has passed 2022 Appropriation Bill of N17.126 trillion.

This followed the adoption of the recommendations of the report of its Committee on Appropriations at plenary on Wednesday.

Presenting the report, Sen. Barau Jibrin, the Chairman of the committee said the committee increased the oil price benchmark from 57 to 62 dollars to reflect the current market value in the international market.

“The committee recommended that the additional revenue should be channeled to the following ministries and agencies that forwarded their requests for more funding for very critical projects.

Malnutrition Leads to over 45% of Death among under five children

“They include the Ministry of Works and Housing, Independent National Electoral Commission (INEC) and the National Population Commission (NPC),” he said.

President of Senate,Dr Ahmed Lawan in his remarks, after the budget was passed commended the committees for ensuring the passage of the budget back to back before the Christmas break.

“This is one of our great legacy bringing back the budget cycle to that desirable and predictable January to December budget cycle.

“We promised Nigerians in 2019 that this senate and indeed the national assembly will bring back that cycle of the budget so that our economy is better influenced and supported.

“We thank God for making it possible for us to achieve that in 2020, 2021, and 2022 budget.

“That we have done this, we are not alone in it,the executive has also shown commitment, willingness and capacity to work with us at our own speed to ensure that the budget is passed before Christmas,” he said.

#

News

Stampede at Catholic Church in Maitama Claims Ten Lives During Food Distribution

Published

on

 

Ten people have been confirmed dead in a stampede at the Holy Trinity Catholic Church, Maitama, on Saturday, 21st December 2024, during the distribution of food items to vulnerable and elderly individuals.

The unfortunate incident, which occurred around 6:30 am, resulted in the loss of ten lives, including four children, and left eight others injured with varying degrees of severity. Four of the injured have been treated and discharged, while the remaining victims are still receiving medical attention.

The FCT Police Command, in a statement issued by its spokesperson, SP Josephine Adeh, confirmed the tragedy, extended condolences to the families of the deceased, and wished the injured a swift recovery.

#

Continue Reading

News

Port-Harcourt Refinery Fully Operational- Says NNPC

Published

on

 

The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

Preparation for the day’s loading operation is currently ongoing.

Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians.

 

#
Continue Reading

News

Port Harcourt Refinery Halts Production Less Than a Month After Resumption

Published

on

 

Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

#
Continue Reading

Trending