Tag: Fani-Kayode N’Delta Merry-Go-Round

Hurdles as Nigeria NASS Passes 20-yr old Oil Bill +Effects on NNPC, N’Delta

Adeola Yusuf

    NNPC’s Equity Sale through IPO, N280 per litre petrol price through subsidy removal, award of 3% development fund and gas flaring fines to host communities and others are details of the bill provided in this report. Beyond these, Platforms Africa highlights reasons investors and Nigerians can not rejoice yet.   Nigeria’s legislators on Thursday ended a 20-year foot-dragging on Petroleum Industry Bill (PIB) at they approved the long-delayed oil and gas law that aims to, among other thngs, transform the Nigerian National Petroleum Corporation (NNPC) to a profit-driven…

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Who’s bankrolling your Trips, Group insists on Nigeria’s ex-Minister, Fani-Kayode Merry-Go-Round’s Probe

Damola Oyede

    Nigeria’s foremost media rights group, Journalists for Democratic Rights, (JODER), on Wednesday, asked a former Aviation Minister, Mr Femi Fani-Kayode, to name those funding his trips across the country. Fani-Kayode is on a tour of South South states to meet with governors and inspect their projects. At Calabar last Thursday, he was asked by Daily Trust reporter in the state to disclose the source of the funding for the tour but the ex-minister got furious and hurled insults on the reporter. But the group is insisting he must answer the…

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