Nation
PIA To Open Investment Opportunities In Nigeria-Kyari
Chief Executive Officer, Nigerian National Petroleum Company (NNPC), Mallam Mele Kyari, says the newly passed Petroleum Industry Act (PIA) will attract more business Investments in Nigeria.
Kyari gave this assurance at the ongoing World Petroleum Congress on Wednesday, in Houston, Texas.
Kyari spoke on the theme tagged “ Building Partnership”, which he described as a key aspect of the oil industry’s operating model.
The NNPC boss said: “Our industry has been struggling with the fiscal environment in Nigeria, such as issues surrounding investors investing money and getting it back with returns they deserve and without fiscal stability and sanctity of contracts.
“This is what our new law has done to bring all these in focus to ensure that fiscal environment is very competitive with world class practices that you can find in stability and security.
“ We have a robust partnership today working for us; we are also looking forward to more partnership.
“ Partnerships are now required for energy transition in a way and manner that will secure energy security,” he added.
Kyari said that Nigeria and indeed NNPC had a long history of contributing to global energy security and sustainable partnerships, which is premised on commitments and trust that have been built together with partners for well over 50 years.
He added that Nigeria had renewed its commitment to attracting investments in the oil and gas Industry by the recent passage of the Petroleum Industry Act 2021.
He said that the Act provides the needed improvements in fiscal and governance frameworks, emphasizes transparency and accountability as well as provides a level playing field for all players.
“This is indeed a new dawn for investors as well as our National Oil Company (NNPC), that is transiting to a commercially oriented limited liability company,” he noted.
On challenges, Kyari said today, our industry is faced with a multitude of challenges, one of which is the requirement for a careful balancing of the aspirations of energy transition and energy security.
He said that lack of investment capital for oil and gas is already creating energy crises around the world.
“Who would have ever thought that the price of natural gas could sell as high as 60 dollars per million British Thermal Unit (MMBtu),” he asked.
On energy and economic security, NNPC boss said it was important to pinpoint the fact that the energy and economic security of many resource- rich countries where dependent on the development of their hydrocarbon resources.
He said this was an important source of generating revenue, providing employment and alleviating energy poverty in these countries, while ensuring that the world never lacked the energy it required to function effectively.
According him, compounding result of all these factors is the stifling of supply sources, thereby creating a shortage of sustainable energy supply to the world.
“We have seen how building sustainable partnerships is working in the Industry with one of the recent example being the alliance of Canada’s oil sands producers to achieve the net-zero emissions, forced by the pressure to meet energy transition goals.
“There is a need to ensure sustainable partnerships between the oil and gas industry, host governments, host communities towards ensuring compliance with Environmental, Social, and Governance (ESG) principles.
Nation
NSCDC Commissions New Commands In Kebbi, Sokoto
Nigeria Security and Civil Defence Corps (NSCDC) has set up new command posts in Kebbi and Sokoto States to boost staff performance, security and better protect critical national infrastructure in the states.
Minister of Interior, Rauf Aregbesola, who commissioned the two commands, said Federal Government would not relent in ensuring the protection of citizens at all times by providing the necessary supports, and logistics needed to maintain the current tempo of development to ensure effective discharge of the Corps core mandates
Represented by the Permanent Secretary of the ministry, Dr Shuaib Belgore, Aregbesola stated that the Federal Government was dedicated to continuously support the Corps to enhance performance and boost national security.
According to a statement signed by the agency’s Public Relations Officer (PRO), Olusola Odumosu, the minister also tasked personnel in the two states to live up to the mandate of the agency and exhibit the highest level of discipline in their conduct.
He further charged the personnel to “abstain from rancor and unnecessary rivalry and ensure effective synergy with military and all other law enforcement agencies”.
Aregbesola commended the leadership of the Corps for the tremendous transformation witnessed within the last two years as he further attributed it to the doggedness, determination, pragmatic approach and readiness of personnel to impact positively on the nation’s security.
Present at the event were governors of the two states; Atiku Bagudu of and Aminu Tambuwal who were both represented.
Nation
NAWOJ Partners FH1360 To Boost Maternal, Infant Nutrition
The Nigerian Association of Women Journalists (NAWOJ), Lagos State Chapter, in collaboration with FH1360/Alive and Thrive Project hosted an interactive media round table aimed at promoting maternal, infant and young child nutrition, with an intervention of reducing the total number of anemia and all deficiencies related to mother and child.
Chairperson, NAWOJ, Lagos State, Adeola Ekine, said the initiative was focused on improved reporting of maternal nutrition coverage in journalism.
She added that the annual event provides insight on illnesses affecting children and mothers and their possible solutions
The Lagos State team Lead, Alive and Thrive, Olawunmi Ajayi, who spoke extensively on Maternal, Infant and young child nutrition (MIYCN), noted that Nigeria loses about 2313 children daily translating to 844,321, children death annually, half of which are due to malnutrition.
“You don’t have to spend a lot on trying to impress people about your feeding habit you just have to make sure you are providing and feeding a well-balanced diet.
Nation
Association Seeks Humanitarian Affairs Minister Portfolio
The Nigeria Association of Social Workers (NASoW) has advised President Bola Tinubu to appoint a qualified social worker as Minister of Humanitarian Affairs, Disaster Management and Social Development.
This is contained in a congratulatory message signed by its Publicity Secretary, Musliudeen Adebayo, and made available to newsmen in Ibadan yesterday.
The Tide source reports that NASoW, the umbrella body of social workers in the country was founded in 1975.
The President of NASow, Alhaji Mashood Mustapha, congratulated Tinubu on his swearing-in ceremony as the 16th President of Nigeria.
Mustapha said that the appointment of a social worker who had the requisite knowledge and skills to paddle the affairs of the ministry would promote the humanitarian agenda.
He said that appointing a NASoW member as Minister of Humanitarian Affairs, Disaster Management and Social Development was in the interest of the nation.
Mustapha said that the ministry had core mandate to promote social work and quality social services delivery in the country.
He said that the association was ready and fully prepared to work with the new administration to achieve its aim in all areas of human development.
He said that the call for the appointment was as a result of the ministry’s strategic importance to the welfare of citizens, which is the main goal of this administration.
The NASoW president said that one of the association’s achievements during the administration of former President Muhammadu Buhari was the signing of the Nigerian Council for Social Work (NCSW) Establishment Act 2022.
Mustapha encouraged Tinubu to set another record by appointing a qualified social worker as minister for humanitarian affairs, disaster management and social development.
He said that the association was anxiously waiting for the time when NCSW would be constituted.
“We are using this medium to congratulate our new President Bola Tinubu on his emergence as the President of Federal Republic of Nigeria.
“We appeal to him to appoint a social worker as the minster for humanitarian affairs, disaster management and social development. This is our ministry; it is the main ministry for social workers
“We advise the president to put a round peg in a round hole for the betterment of the country,” he said.
Mustapha enjoined the president to appoint a minister, who had the required knowledge of social work as they expected the minister to constitute the NCWS board as soon as possible.
“The Nigerian Council for Social Work (Establishment) Act 2022 has been gazetted. Our law has become an Act of Parliament.
“This implies that a lot of good things are coming for the good people of Nigeria. The council is yet to be constituted.
“When this is done, it will help to give more recognition to social work practice in Nigeria,” he said.
He said that the establishment of NCSW would create job opportunities and enabling environment for social workers to provide the much desired quality social services to the people.
Mustapha said that it would also reduce migration of social workers to other countries in quest for prosperity.
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