Nation
We’ve Powers To Deduct Running Cost From Source, NNPC Tells Reps
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the monetary deductions made from the 2015 operations of the corporation had legal backing.
Kyari gave the explanation while responding to the audit query from the office of the Auditor General of the Federation over dwindling government revenue from 2014 till 2020 at the Public Accounts Committee, PAC of the House of Representatives, yesterday.
The committee had invited the GMD to defend deductions from source of the sum of N865billion from N2.4trillion generated by the corporation in 2015.
The NNPC was to also explain the non-remittance of N3.8trillion of domestic crude oil sales; the non-collection of gas receipts for some months in the year; and the issue of refund of N450billion, among others.
It will be recalled that Auditor General had in the query said the act violated Section 162 of the Constitution which provides that all revenue proceeds should be paid to the Federation Account.
Meeting with the committee, Kyari said that NNPC act, a certain judgement of the Supreme Court judgement and approval of the Attorney-General of the Federation empowered them to make deductions of their running cost from source.
“What we do is backed by the provisions of the law. First, the NNPC Act is very clear that we should submit revenues net of our cost.
“There is also an informed decision of the Supreme Court and also the Attorney General of the Federation, that that position is correct and supported by the provisions of the law,” Kyari said.
In his remarks, the Committee Chairman, Hon. Oluwole Oke, said that NNPC as an agency of government was accountable to the people and ought to make remittances to the federation account.
Reserving ruling on the matter, Oke said the Committee will constitute a subcommittee to enable them re-examine the legal provisions to ascertain the tenacity of Kyari’s submission.
“Let us compare the provisions of the NNPC Act with Section 88, 81 of the constitution. We need to read the provisions of the NNPC Act along with section 80, 81 of the constitution of the Federal Republic of Nigeria to be able to decide which is superior, and which we are to follow.
“We would set up a sub-committee of legal minded members to read through the judgment of the Supreme Court on this matter vis-a-vis the letter from the letter of the Attorney General. We need to make an informed position of the matter.
“If the Supreme Court has taken a position, we need to be mindful of such. If we are in disagreement, the best option we have is to go into legislation, because it means the court has clearly interpreted the provisions of the law. Sources of law are judicial precedents.
“That is the way we can come up with an enactment, amendment, or repeal. So, I want to suggest that we reserve ruling on the query bordering on deductions at source. Let us study the provisions of the Constitution and the Act setting up NNPC along with the submission of the Attorney General and the Supreme Court judgment and we come back and make a ruling,” Oke said.
Nation
An ICT Centre Set To Be Established In Omoku
An Information and Communication Technology (ICT) Centre is set to be established in Omoku, Ogba/Egbema /Ndoni Local Government Area of Rivers State.
The initiative is being championed by the Omoku People’s Forum, a global association of Omoku elites, under the leadership of its President-General, Dr. George Ada Ubah.
As part of efforts to ensure the successful execution of the project, a prominent son of Omoku, Chief (Barr.) Dennis Masi, has been appointed by the Forum as the Chairman of the ICT Centre Project Committee, entrusted with the responsibility of coordinating and driving the initiative to fruition. Upon completion, the ICT Centre is expected to serve as a major hub for the training and empowerment of youths in digital and technological skills, equipping them to actively participate in the increasingly technology-driven global environment.
The project is also widely regarded as a significant step towards positioning Omoku as an emerging ICT hub within Rivers State, fostering innovation, digital literacy, and economic development in the region.
Nation
Concerned Rivers Chiefs For Peace And Development Denies Political Affiliations
Concerned Rivers Chiefs For Peace And Development has said it formation was not politically motivated or has any links to political parties or candidates.
The group which said this at a media briefing at Abuloma in Port Harcourt City Local Government Area said it’s formation has nothing to do with politics.
According to the text for the briefing jointly signed by Chief Boma Kele Oyika it’s chairman and Chief Inemo T Ikama Deputy Secretary General said the organization is expected to focus on conflict Resolution, community engagement, collaboration with government and private sector actors
‘it mandate also includes promoting peace building initiative, supporting local economic empowerment programms and strengthening traditional institutions in our state and beyond as partners in governance ”
It said the body is led by a team of respected traditional leaders serving as trustees
“Their collective leadership reflects a blend of experience cultural authority and grassroots connection
“Key elements considered vital for addressing long standing,socio economic and security challenges in the region”
The release further says ” the formation of this organization comes at a time when communities in Rivers state continue to navigate between issues ranging from youth unemployment, environmental concerns and intermittent conflicts amongst the traditional rulers and beyond
“By bringing together influential traditional figures under a unified platform, the group aims at serving as stabilizing force while advocating for inclusive development policies ” it said
It also described its emergence as a new chapter in grass roots leadership and regional development
Earlier, chairman of the body, Chief Boma Kele Oyika said the organization will work with relevant authorities to promote peaceful coexistence in the state, reduce crime and promote economic development.
He said it is open to all Chiefs from the 23 local government areas.
Nation
NDCCTMA, NDDC MDS Challenge Niger Delta Indigenes on Investment in The Region
The Chairman of The Nigeria Delta Chamber of Commerce, Trade, Mines and Agriculture NDCCTMA,Ambassador Idaere Gogo Ogan and the Managing Director of the Niger Delta Development Commission ( NDDC ) Dr Samuel Ogbuku have challenged Niger Delta entrepreneurs to close the gap in Gross Demostic Products (GDP) differences between the region and that of the South Western part of the country by coming home to invest.
The two leaders spoke at a business round table organized by NDDCTMA in Port Harcourt
Chairman of NDDCTMA Ambassador Idaere Gogo Ogan, said to close the gap between the south west region which he said has a GDP seize of about #59 trillion and that of the Niger Delta which is about #34 trillion was to massively invest in the region.
He said no other persons can do this except sons and daughters from the region.
“For me I believe in statistics,I believe in data and everyday I looked at the data concerning development in Nigeria and from the GDP point of view, the South West has #59 trillion, that is the seize of the south west region economy, the second region following them is the Niger Delta region with GDP seize of #34 trillion,so there is a yearning gap of #25 trillion that separates the south west and the Niger Delta region, that is why we are here”
Ogan said the region has the capacity to close the gap and even surpassed it but regretted that indigenes of the region have chosen to ignore it in terms of investment.
“We need to close that gap .If we close that gap and even surpassed it,all the negative problems of militancy and unemployment will automatically erase “he said
Ogan said the event was organized to remind the people that past efforts of militancy and agitations have not led the region to any where
“That is why we are gathered here in this room “he said.
Also speaking Managing Director/Chief Executive officer of the Niger Delta Development Commission( NDDC) Dr Samuel Ogbuku urged indigenes of the region not to use the problem of insecurity as an excuse to continue to deny the region of investment as every part of the country have in one time or the other experienced crisis.
Ogbuku said most indigenes have displayed high level of unpatriotism towards the region by taking investments that would have benefited the people to either Lagos or Abuja.
“With little threat we have left the city,we have gone to Lagos,we have moved our families to Abuja and Lagos
“If you go round GRA all the property, you will see,”to let to let”most of them are now empty “he said.
The NDDC MD said despite the fact that people from the region are doing well in the oil and gas, banking and other sectors, its impact are not being felt at home because they are stationed outside the region.
He said time has come for potential investors from the region to have a change of heart by coming home to invest.
John Bibor
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