Nigeria, Niger Republic MoU targets 150,000bpd crude in new refinery

Juliana Taiwo-Obalonye, Abuja

Nigeria and Niger Republic are targeting to  produce between 100,000 and 150,000 barrels of crude oil per day in the new agreement to build a hydro carbon and pipeline refinery in Katsina State.

The refinery to be built in Mashi Town of Katsina State, according to Ibrahim Talba of Blakoil Energy Refienery, one of those spearheading the first 100 percent private driven Refinery in the north of Nigeria, is worth $2 billion (over N700 billion), is projected to generate over 2,500 direct jobs and over 10,000 indirect jobs in the country.

The initial capacity expected is  50,000 barrels per day before scaling up to 100,000 and then 150,000 with the crude coming from Niger Republic.

The duration for completion of the modular refinery project is put at between three to four years.

President Mahammadou Buhari of Nigeria and President, Muhamamdou Issoufou of the Republic of Niger witnessed the signing of the agreement at the New Banquet hall of the…

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Senate receives petition to reject Banire as AMCON Chairman

NAN

The Senate on Tuesday received a petition to reject the nomination of Mr Muiz Banire as chairman of Assets Management Corporation of Nigeria (AMCON).

Sen. Solomon Adeola (APC-Lagos), who laid the petition at plenary, said “there is a petition here from my constituents on the nomination of Muiz Banire as AMCON chairman.

“Enclosed are the signatures of the three senators from Lagos State against the nomination.’’

READ ALSO Secondus, Atiku condemn security siege on Saraki, Ekweremadu’s homes

In his remarks, President of the Senate, Dr Bukola Saraki, asked the lawmaker to lay the petition, and referred it to the Committee on Ethics, Privileges and Public Petitions.

On July 18, the senate acknowledged receipt of the request from President Muhammadu Buhari for confirmation of Banire (SAN) as Chairman, Governing Board of Assets Management Corporation of Nigeria (AMCON).

The request was in compliance with Section 10(1) of the AMCON Act 2010.

The Committee on Banking,…

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Senate receives petition to reject Banire as AMCON Chairman

NAN

The Senate on Tuesday received a petition to reject the nomination of Mr Muiz Banire as chairman of Assets Management Corporation of Nigeria (AMCON).

Sen. Solomon Adeola (APC-Lagos), who laid the petition at plenary, said “there is a petition here from my constituents on the nomination of Muiz Banire as AMCON chairman.

“Enclosed are the signatures of the three senators from Lagos State against the nomination.’’

READ ALSO Secondus, Atiku condemn security siege on Saraki, Ekweremadu’s homes

In his remarks, President of the Senate, Dr Bukola Saraki, asked the lawmaker to lay the petition, and referred it to the Committee on Ethics, Privileges and Public Petitions.

On July 18, the senate acknowledged receipt of the request from President Muhammadu Buhari for confirmation of Banire (SAN) as Chairman, Governing Board of Assets Management Corporation of Nigeria (AMCON).

The request was in compliance with Section 10(1) of the AMCON Act 2010.

The Committee on Banking,…

[Read More …]

US, Nigeria meet over security processes in Abuja

Aidoghie Paulinus, Abuja

The Security Governance Initiative, a brainchild of former President Barack Obama of the United States met, on Tuesday,in Abuja, on Focus Area Two of the programme.

The Focus Area Two involved material acquisition involving the process of acquisition through transparency, accountability, and best practices.

The initiative centered around capacity building and processes in security procurement and needs assessment.

The event drew together, representatives of the Nigerian government and United States officials.

Recall that the Security Governance Initiative was designed as a partnership under which the United States and Nigeria would work together to address security challenges.

Speaking exclusively with Daily Sun, the National Coordinator of the Security Governance Initiative, Hon. Aliyu Gebi, said the initiative involved six countries handpicked by the Obama administration.

Gebi, a former Member of the House of Representatives, said the objective was to…

[Read More …]

US, Nigeria meet over security processes in Abuja

Aidoghie Paulinus, Abuja

The Security Governance Initiative, a brainchild of former President Barack Obama of the United States met, on Tuesday,in Abuja, on Focus Area Two of the programme.

The Focus Area Two involved material acquisition involving the process of acquisition through transparency, accountability, and best practices.

The initiative centered around capacity building and processes in security procurement and needs assessment.

The event drew together, representatives of the Nigerian government and United States officials.

Recall that the Security Governance Initiative was designed as a partnership under which the United States and Nigeria would work together to address security challenges.

Speaking exclusively with Daily Sun, the National Coordinator of the Security Governance Initiative, Hon. Aliyu Gebi, said the initiative involved six countries handpicked by the Obama administration.

Gebi, a former Member of the House of Representatives, said the objective was to…

[Read More …]

My expulsion, height of illegality – Dayo, Ogun PDP chair

Laide Raheem, Abeokuta

Factional chairman of the Peoples Democratic Party (PDP) in Ogun State,  Bayo Dayo, has described his expulsion from the party as ‘height of illegality’ which could not stand.

Dayo said he was yet to be formally notified of his expulsion by the national headquarters of PDP.

He argued that the party did not follow due process in expelling him and others.

According to him, he was not informed of any charges and given opportunity to defend himself as enshrined in the party’s constitution, insisting his expulsion will crumble.

Dayo stated this, on Tuesday, during a press briefing at the PDP State Secretariat, Abeokuta.

The National Working Committee (NWC) of PDP on Monday announced the expulsion of a Senator representing Ogun East,  Buruji Kashamu, Bayo Dayo and factional state secretary, Semiu Sodipo,  from the party.

But speaking, on Tuesday, Dayo accused the national chairman of the PDP,  Uche Secondus, of conniving with a member of House of Reps…

[Read More …]

My expulsion, height of illegality – Dayo, Ogun PDP chair

Laide Raheem, Abeokuta

Factional chairman of the Peoples Democratic Party (PDP) in Ogun State,  Bayo Dayo, has described his expulsion from the party as ‘height of illegality’ which could not stand.

Dayo said he was yet to be formally notified of his expulsion by the national headquarters of PDP.

He argued that the party did not follow due process in expelling him and others.

According to him, he was not informed of any charges and given opportunity to defend himself as enshrined in the party’s constitution, insisting his expulsion will crumble.

Dayo stated this, on Tuesday, during a press briefing at the PDP State Secretariat, Abeokuta.

The National Working Committee (NWC) of PDP on Monday announced the expulsion of a Senator representing Ogun East,  Buruji Kashamu, Bayo Dayo and factional state secretary, Semiu Sodipo,  from the party.

But speaking, on Tuesday, Dayo accused the national chairman of the PDP,  Uche Secondus, of conniving with a member of House of Reps…

[Read More …]