Kyari: Oil Theft, PipelineVandalism Undermining Gains of PIA Advocates creation of special court to try offenders NNPC plans launch of three mini-LNG facilities Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Group Chief Executive Officer (GCEO) of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, yesterday,
lamented that the persistent spate of oil theft and pipeline vandalism had severely undermined the gains of the Petroleum Industry Act (PIA) 2021 for the industry and the economy at large.
Kyari called for the creation of a special court to try offences related to crude oil theft and pipeline vandalism, or the granting of accelerated hearing to such cases. Kyari made the assertions in
Abuja, at the National Judges Capacity Building Workshop on the Petroleum Industry Act (PIA) 2021, organised by the National Judicial Institute (NJI) and INVESTIN 234. In a goodwill message he
delivered at the workshop, the GCEO explained that establishment of the special court on crude oil theft and vandalism was needed to enable the oil and gas industry achieve its full potential as an
enabler of national economic and industrial growth. A statement signed by Chief Corporate Communications Officer of NNPCL, Mr. Olufemi Continued on page 5
Divestment: NNPC Withdraws Case Halting ExxonMobil’s $1.3bn Assets Sale to Seplat... Page 11 Friday, June 14, 2024 Vol 29. No 10656. Price: N400
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Sanwo-Olu: Lagos GDP Up 50% in Five Years Under My Watch... Page 6
Tinubu, Oborevwori Congratulate Okonjo-Iweala at 70 President says WTO DG a remarkable leader, worthy ambassador of Nigeria Felicitates Adekunle Ojora at 92 Deji Elumoye in Abuja President Bola Tinubu and Governor of Delta State, Mr
Sheriff Oborevwori, yesterday extended their congratulations to Director-General of World Trade Organisation (WTO), Dr.
Ngozi Okonjo-Iweala, on her 70th birthday. Tinubu also celebrated renowned businessman and
traditional ruler, Adekunle Ojora, on his 92nd birthday. Tinubu, in a release issued by his media adviser, Ajuri
Ngelale, rejoiced with the occasion. woman he described as a He extolled the former remarkable leader and her Continued on page 5 family on the momentous
World Bank Approves $2.25bn for Nigeria to Stabilise Economy See story on page 5 To raise non-oil revenues, support vulnerable groups Urges FG to sustain current reform momentum, expand protection to poor Says CBN’s increasing interest rates appropriate to curb inflation Edun declares funding will help implement macro-fiscal, social protection policy reforms
DEMOCRACY DAY DIALOGUE ORGANISED BY GOODLUCK JONATHAN FOUNDATION... L-R: Nigeria's Minister of Education, Tahir Mamman; Former Vice President, Namadi Sambo; former Vice President of Zambia, Dr. Nevers-Sekwila Mumba; former President of Benin Republic, Boni Yayi; Edo State Governor, Mr. Godwin Obaseki; former Nigeria’s President, Dr. Goodluck Ebele Jonathan; former President of Kenya, Uhuru Kenyatta, and former presidential candidate of the Labour Party, Mr. Peter Obi, during the 2024 Democracy Day Dialogue, organised by the Goodluck Jonathan Foundation, in Benin City... yesterday
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