Connect with us

Latest News

Ministry Inaugurates Technical Committee On Petroleum Act

Published

on

Govt To Address Challenges Facing Cotton Industry - Minister
Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Monday inaugurated a technical committee to carry out a review of the Petroleum Industry Act 2021 and its implications on the statutory responsibilities of the ministry.

Essentially, the technical committee headed by the director, Legal Services of the ministry, Muhammed Danjuma Alhassan will among other things:

⦁ Review the Petroleum Industry Act (PIA) 2021 and its implication on the Oil and Gas Export Permit being issued to exporters by CED;
⦁ Review the Petroleum Industry Act (PIA) 2021 in relation to the Weights and Measures ACT, and its implication on the Department;
⦁ Highlight the implication of the ACT on the roles of CED and Weights and Measures Departments under the Nigerian Export Supervision Scheme(NESS);
⦁ Suggest appropriate strategy to use in bringing the NESS scheme to FMITI since the scheme is about exports, which is a core mandate of the ministry;
⦁ Suggest ways to remedy the infractions on the responsibilities of the ninistry, if any; and
⦁ Prepare relevant letters to Mr. President and the National Assembly.

The minister who noted that the act tampered significantly with some statutory roles of the ministry, said “As a ministry, some of our roles as they relate to the administration of the Pre-shipment inspection and the Nigerian Export Supervision Scheme (NESS) had hitherto been under the Ministry of Finance, and are now under the new commission under the Petroleum Industry Act.”

READ ALSO: Govt Postpones Jubilee Special Award

He stressed the need by the ministry to leverage the window provided by the review of the act to enable it to play a more significant role under the scheme in line with its mandate.

“Therefore, your Technical Committee is expected to take a professional look at the document, come up with strategies that will help redress the identified issues. There is a sense of urgency in the execution of your assignment, so that we can seek the amendment of the infractions on the statutory functions of the ministry, especially through a request to relevant institutions of government.

“It is important to state that your assignment is critical to the continuity of some of our roles as a ministry. I am confident in the quality of members chosen to undertake this assignment, therefore I task you all to make far- reaching recommendations that will help sustain and stabilize our operations,” he said.

The committee which comprises directors in the ministry has two weeks within which to submit its report.

 

Read more authentic news on our social media platforms

Continue Reading
Click to comment

Latest News

BREAKING: Abacha’s Ex-chief Of Staff Oladipo Diya Dies

Published

on

Diya

Retired Lt.General Donaldson Oladipo Oyeyinka Diya, the former Chief of Staff in General Sani Abacha’s military government, is dead.

His death was confirmed by Prince Oyesinmilola Diya. He said the former military administrator of Ogun State passed on to glory in the early hours of 26th March 2023.

Born on the 3rd of April, 1944, Diya was military Governor of Ogun State after the Buhari-Idiagbon coup of December 31st, 1983.

Diya joined the Nigerian Defence Academy, Kaduna and fought during the Nigerian Civil War.

He later attended the US Army School of Infantry, the Command and Staff College, Jaji (1980–1981) and the National Institute for Policy and Strategic Studies, Kuru.

While serving in the military, Diya studied law at Ahmadu Bello University, Zaria, where he obtained an LLB degree, and then at the Nigerian Law School, where he was called to bar as Solicitor and Advocate of the Supreme Court of Nigeria.

He held other top military posts like GOC, 82 Division and finally the Chief of General Staff (military Vice President) to Gen Sani Abacha

The statement read: “On behalf of the entire Diya family home and abroad; we announce the passing on to Glory of our dear Husband,Father, Grandfather,brother, Lt- General Donaldson Oladipo Oyeyinka Diya (Rtd) GCON, LLB, BL, PSC, FSS, mni.

“Our dear Daddy passed onto glory in the early hours of 26th March 2023. Please keep us in your prayers as we mourn his demise in this period. Further announcements will be made public in due course.

“Barrister Prince Oyesinmilola Diya, on behalf of the family.”

Continue Reading

Latest News

Breaking: Appeal Court Retains Adeleke As Osun Governor

Published

on

BREAKING: Adeleke Freezes Osun Accounts , Reverses Appointments After Swearing In As Governor
Governor Adeleke

The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola

Continue Reading

Latest News

BREAKING: PDP Suspends Anyim, Fayose

Published

on

Anyim and Fayose

Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).

The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).

The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.

This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.

“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.

 

Continue Reading

Top Stories

%d bloggers like this: