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N6trn Oil Revenue: Reps Threaten To Arrest Seven CEOs

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The House of Representatives Adhoc Committee, investigating oil and gas revenue leakages in Nigeria – which is estimated to be about N6trillion – has threatened to arrest seven Chief Executive Officers, CEOs of indigenous oil and gas companies over their refusal or inability to appear before it.
The Chairman of the Committee, Hon Jarigbe Agom Jarigbe, who disclosed this at the end of the committee’s sitting in Lagos, thundered that the companies have not shown respect to the Committee, and, by extension, the Federal Government of Nigeria, on whose behalf the committee was acting.
Jarigbe disclosed that the companies must be compelled to appear as they collectively owe the government of Nigeria about $400 million – about N144billion at current exchange rate of $1 to N360).
The CEOs of the affected companies, some of them, members of the Oil Producers Trade Section, OPTS, of the Lagos Chamber of Commerce and Industry (LCCI) could not be reached as at the time of going to press. In fact, their names are being withheld because of this challenge.
But the Chairman of OPTS, who is also the Country Chair/Managing Director of Shell Petroleum Development Company Limited, Mr. Osagie Okunbor, urged the Committee to engage with all stakeholders in order to resolve outstanding issues before writing its report.
Mrs Gladys Folashede Odunuga, Head Planning Division, DPR also said the Department was committed to ensuring that operating companies pay their debts to the government.
The committee sitting held at the DPR Office in Lagos last week. Relatedly, Hon. Ehiozuwa John Agbonayinma, a member of the Committee said, whereas the nation’s oil and gas industry was in need of local and foreign investors to explore and produce commercial crude oil and gas, it is imperative that such investors should be ready to operate under terms and conditions put in place by the government.
One of the companies, currently in a joint venture with NPDC (Nigerian Petroleum Development Company) has two Nigerians as chairman and Chief Executive Officer, produces 10,000 barrels per day, BPD; was acquired from SPDC (Shell Petroleum Development Company) in November 2011 as a result of the Local Content Act signed into law in April 2010.
Another firm has a Nigerian as Executive Chairman/CEO and it operates two OMLs. Yet, another one, which has oil and gas interests in West African nations, including Nigeria, has both its chairman and chief CEO as Nigerians.
One of the firms in question also operates as an oil exploration and production company, in collaboration with a Canadian outfit and has been operating an OML which it won in 2003

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Get Involved In Politics, NYCN Urges Youths

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The President of the National Youth Council of Nigeria (NYCN), Mr Solomon Adodo, has urged youths to get actively involved in politics and governance, in order to chart a better future for the country.
Adodo said at an award ceremony organised by the NYCN in Abuja that it was important for the youths to lead the change they desire in the country.
The award was to recognise the contributions of some Nigerians to youths development as part of activities to mark the International Youths Day themed, “Intergenerational solidarity: Creating a world for all Ages.”
The NYCN President urged youths to focus on building partnerships for innovative leadership, economic growth and efficient security in Nigeria.
He noted that the youths were the centre of the various crises in Nigeria and across the world.
“As such, they should strive to lead in finding solutions to the security, political and economic crises.
“It is therefore critical that greater attention is paid to youth development to help them uphold the social rhythms.
“Let me salute the gallant Nigerian youths who have continued to soldier into glory not withstanding the excruciating political and socio economic conditions,” Adodo said.
He challenged the youths not to bow to the current challenges, “but work through it in partnership with Nigerians of all ages in achieving the Sustainable Development Goals.”
The NYCN President decried what he called the “systematic exclusion of young people in the critical sectors,” saying it was unacceptable.
He, however, commended President Muhammadu Buhari for carrying the youths along in his administration, but said “more needed to be done to get things right.”
The Patron of NYCN, Dr Ibrahim Dauda said the day was to re-evaluate and renew approaches on leadership, governance and developmental strategies that will guarantee a better society.He said that youth occupy the largest demography of the global population and advised them to join political parties as well as be active players.
“Youths must seek leadership positions and serve with dignity and honour.
“The system must create friendly policies and level playing ground for youths to compete with people of all ages.
“Going by the theme of the day, it is pertinent to note that no demography can survive on its own,” Dauda said.
“There must be inter-dependence on each age bracket to build  sustainable growth and maintain a progressive index.

“The place of knowledge and experience is not negotiable, the Nigerian youths must subject themselves to learning and mentorship,’’ Dauda added.

A member of the House of Representatives, Saidu Abdullahi, said that the revolution in technology had availed youths the opportunity to advance interaction and learning.

“This must be embraced to better the society other than using it in promoting crime and criminality.

“While appreciating the energies that come with youthfulness, youths must embrace leadership and must demonstrate to be worthy leaders,’’ he said.

Abdullahi, who represents Bida/Katcha/Gbako Federal Constituency in Niger urged the government should continue to create sustainable platforms.

This, he said, was to encourage infusion of the knowledge and experiences of senior citizens to help youths build carriers and exposure.

He said that this would help in bridging the gap created by age and front a renewed partnership to advance the course of humanity.

The lawmaker also urged youths in the country to ensure their votes count and good leaders were chosen in 2023.In his speech, King Hope Dan-Opunsingi, the Amayanabi of Opu Kula/Singi Ama in Rivers pledged his support to the youths at all times.

He assured them of his royal blessings, spiritual advice, financial and moral support to ensure they succeed in all endeavors.

The traditional ruler urged the youths to shun social vices, but “set goals aimed at developing themselves and moving the nation forward.”

In his remarks, National Youth Leader of the All Progressives Congress (APC), Mr Dayo Israel, urged youths to get involved in grassroots activities to fast track national development.

“Our level of involvement in governance should go beyond social media activities and organizing protests.

“To get involved or be carried along for leadership, you need to be patriotic, smart, determined and show your self worth,” he added.

Those honoured were Minister of Youth and Sports Development, Mr Sunday Dare and Dr Ramatu Aliyu of the FCT, among others.

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Bureau  Poised To Improve Digital Literacy In Public Service

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The Director-General, Bureau of Public Service Reform (BPSR), Dasuki Arabi, has reiterated Federal Government’s support in strengthening digital services to providing timely and effective public service to Nigerians.
Arabi said this during a-one day training on National Digital Transformation and Data Protection Awareness, organised by the Institute for Information Management, in Abuja, Friday.
He said that the sensitisation training would help to improve digital literacy in the country.
“The awareness campaign organised by the Institute of Information Management (IIM) Africa, is to upscale and improve the digital literacy of the Nigerian public service.
“This gesture will no doubt improve transparency and accountability in the service and assist government with right quality and calibre of public service workforce relevant in this age,’’ he said.
According to him, digital literary is critical to the growth and development of economies in developed and developing countries.
“It is also one of the most critical factors for enhancing good governance and service delivery.
“The national data transformation aims to improve the transparency, flexibility reliability and sustainability of digital services and to reduce digital service time and cost in line with the e-Govemment Master Plan,” concluded.

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Customs Generates N538m As FoB 

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The Nigeria Customs Area Command (CAC), Katsina State, says it generated N538.4 million as Free on Board (FoB) value for the exportation of 10,827.40 metric tones of items such as cement, hibiscus flower, chilli pepper, animal feeds, tamarind, and beverages.
The Command also said that N99.7 million was generated as revenue from July to August 11, 2022.
The Controller, Katsina Area Command, Dalha Wada Chedi, who revealed this at a press conference in Katsina said the N99.7 million generated by the Command within the period under review was a decline from what it realised in June.
Chedi attributed the decline in revenue to the incessant banditry attacks experienced along Jibia axis in recent times.
Chedi, however,  said there was no cause for alarm revealing that the Command in conjunction with other sister security agents have adapted new strategies to curb the twin evil of banditry and smuggling experienced in the Jibia/Niger Republic border for legitimate businesses to thrive along the border corridor.
According to Chedi, smuggled items seized by the command within the period under review was to the tune of N73.6 million.
The seized items includes: food items, motorcycles, and reconstructed vehicles used as a means of conveyance for smuggled items.
Giving the breakdown, Chedi said: “During the period under review, we were also able to intercept different vehicles, including truck and grader caterpillar worth more than N45.5 million.
“We also succeeded in seizing one used motorcycle with the duty value of N60,000 and also 447 bags of foreign rice worth more than N13.2 million.
“We seized 337 cartons of Spaghetti worth more than N2 million, 32 cartons of Macaroni worth N192,000, 115 kegs of petrol and 89 kegs of diesel amounting to more than N1.7 million.
“Other items seized were 126 bags of 50kg and 25kg bags of foreign flour worth more than over N1.9 million, and seven cartons of milky creamer milk worth N141,750.’’
Others, he continued, included eight bags of foreign milky creamer, 450 bags of potash, 13 bags of tiger nuts and 1,000 pieces of hides and skin.
Chedi said the Command would not relent in ensuring that the environment was made  uncomfortable for smugglers, resulting in huge loss for the offenders.
“And what they are thinking of gaining, I am sorry for them, instead of gaining it, they will lose because the country must definitely win this fight,” Chedi said.

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