NNPC Hints at Selling Nigeria's Refineries, Says Rehabilitation Becoming Complex Reveals cost of production now $25 to $30 per barrel Mulls stock market listing in 2028
Emmanuel Addeh in Abuja The Nigerian National Petroleum
Company Limited (NNPC) has said the sale of the country's crude oil refineries was not ‘off
the table’, disclosing that the rehabilitation of the facilities had become more complex
than expected. The Group Chief Executive Officer of the national oil
company, Bayo Ojulari, who spoke during the just concluded 9th OPEC International Seminar
in Vienna, Austria, revealed Continued on page 5
Akpoti-Uduaghan Writes Senate to Resume July 15, Appeals Contempt Conviction...
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CSOs, Shehu Sani Back FG’s Rejection of Trump’s Venezuelan Prisoners' Deal...
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All Set for Lagos Local Govt Elections Today Sanwo-Olu calls for massive participation by residents Segun James and Sunday Ehigiator Lagos State is poised for a significant democratic exercise
today as residents across its 20 local government areas and 37 local council development areas (LCDAs) head to the polls to elect new chairmen and councillors.
The Lagos State Independent Electoral Commission (LASIEC) had confirmed that all logistical arrangements have been concluded, with electoral
materials and personnel deployed across polling units in readiness for the vote. LASIEC Chairman, Justice Ayotunde Phillips Okikiolu-
Ighile, had announced that 57 chairmanship candidates and their 57 vice chairmanship running mates will be contesting in the polls. In total,
376 candidates are vying for both chairmanship and vicechairmanship positions across Continued on page 5
Presidency: Shettima Not Fighting Tinubu Over Fubara’s Suspension Says president acted in good faith by suspending Rivers gov ADC asks Tinubu to recall Fubara Shettima departs Abuja for Sao Tome today Deji Elumoye and Chuks Okocha in Abuja The Presidency yesterday clarified that Vice President Kashim Shettima has no issue with President Bola Tinubu over the six months suspension slammed on Governor Siminalayi Fubara of Rivers State in March, this year. It also justified the action taken by the President to declare a state of emergency in Rivers State, saying constitutional steps were duly followed before arriving at that decision to forestall breakdown of law and order in the oil-rich state. This was as the African Democratic Congress (ADC) called Tinubu to listen to the comments of his Shettima, over his lack of constitutional power to remove a Governor from office, imploring him to go ahead to reinstate Fubara. The ADC said it stands with the Vice President that a President cannot remove a governor from office, asking the presidency to differentiate what changed Continued on page 5
GLAD TO MEET YOU... Director General, World Trade Organisation, Dr. Ngozi Okonjo-Iweala (left) and President Bola Ahmed Tinubu at the 17th BRICS Summit held Rio de Janeiro, Brazil…recently
Tinubu Backs AFRIMA 2025, FG Inaugurates LOC...
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