Lokpobiri: FG Will Rekindle Divesting IOCs’ Interest in Oil Sector We have surpassed revenue projections, says Komolafe N68bn NUPRC building set for inauguration in August 2024 Emmanuel Addeh in Abuja Minister of State, Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday, assured that with the renewed drive to create the right business environment
in the country, the Bola Tinubu administration would ensure the interest of divesting oil companies was renewed in the sector. Lokpobiri spoke when he paid a visit to the headquarters of the Gbenga Komolafe-led Nigerian
Upstream Petroleum Regulatory Commission (NUPRC) as well as the ongoing multi-storey permanent site of the commission in Abuja. The minister stated that the concerns raised by the operators,
especially in the area of security, were being addressed. He expressed the hope that once the requests of the international oil companies (IOCs) were met, they would have no need to exit the country.
Lokpobiri stated, “We are already reassuring investors in the sector that this is a new government of renewed hope and we've held series of meetings with the operators in the industry. “They raised concerns. One
of them is security. We're also trying to address the security concerns that they have. That was why myself, my colleagues, the Minister of Defence and the Continued on page 5
Interior Minister Orders Clearance of over 200,000 Passport Backlogs within Two Weeks... Page 5 Friday 8 September, 2023 Vol 28. No 10376. Price: N250
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Excitement in Ondo as Akeredolu Returns from Medical Leave... Page 17
I Was So Excited ByVerdict, I Couldn’t Sleep, Says Tinubu Akeredolu, Oyebanji, Akpabio, Yahaya, Bago, Abdulrazaq, Afenifere, others commend tribunal Chuks Okocha, Adedayo Akinwale, Sunday Aborisade in Abuja, Hammed Shittu in Ilorin, Segun Awofadeji in Gombe, Fidelis David in Akure, Gbenga
Sodeinde in Ado Ekiti, Laleye Dipo in Minna, Wale Igbintade in Lagos President Bola Tinubu, yesterday, disclosed that he was so excited
by the verdict of the Presidential Election Petition Tribunal (PEPT), which affirmed his election, that he could not sleep on Wednesday night.
Tinubu told his audience in India, where he was attending the G20 meetings, that Wednesday night was “a night of great expectations”. He said he was “waiting
anxiously to see if my job was secured or not”. “So, from that, out of the excitement of the victory, I couldn’t sleep,” he added.
The president, who apologised for attending the meeting late, said, “When I looked at the time and Continued on page 5
Judgement Fundamentally Flawed, Say Atiku, Obi, Head to Supreme Court Ex-VP insists ruling has thrown nation into more confusion Former Anambra governor vows to exhaust entire legal process Story on page 5
JUDGEMENT UNJUST... Presidential Candidate of Labour Party in the last election, Mr Peter Obi in his house in Onitsha, rejecting the PEPC judgement delivered on Wednesday. Photo David Chyddy
DEPLOYMENT OF TECHNOLOGY HEAVILY COMPROMISED... L-R: Acting National Chairman of the Peoples Democratic Party, Ambassador Umar Damagum; presidential candidate of the PDP in the 2023 General Election, Atiku Abubakar and the Chairman, Board of Trustees of the PDP, Senator Adolphus Wabara at the press conference held at the National Secretariat of the Peoples Democratic Party in Abuja … yesterday