Kyari says 'Clear fiscal framework will enhance gas development – ITREALMS

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The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages.

The Group Managing Director of NNPC, Mallam Mele Kyari, made the call at a one-day public hearing on “Inclusion of Gas Terms in Production Sharing Contracts (PSCs)” organized by the House of Representatives Joint Committee on Gas Resources, Petroleum Resources (Upstream and Downstream).

Fayemi approves monthly N100m to clear workers' arrears - ITREALMS

ITREALMS:

Demonstrating commitment to the welfare of workers and pensioners in Ekiti State, the Governor, Dr Kayode Fayemi has approved monthly release of N100 million naira to clear accumulated gratuities of retired workers in the state, reports ITREALMS.

The Governor, ITREALMS gathered, had last month approved a hundred per cent increase in monthly gratuity payment from N10 million to N20 million.

However, taking into consideration the current plight of many retired workers, who could not access their gratuity several years after their retirement owing to the paltry amount for gratuity payment, Governor Fayemi has directed the Ministry of Finance to further increase the monthly gratuity payment to N100 million per month. This was the amount paid per month during his first term.

According to a statement by the Chief Press Secretary to the Governor, Mr Yinka Oyebode, the directive takes immediate effect, pending the time the state government would be able to find a creative approach to resolve the huge outstanding gratuity obligations of the state.

The Governor believes the increment will go a long way in ameliorating the plight of the state’s pensioners.

In a related development, Governor Fayemi has also approved the payment of severance allowance and outstanding salaries of 19 former members of the Ekiti State House of Assemblies and their aides who were denied their entitlement by the immediate past administration of Mr Ayodele Fayose.

Governor Fayemi believes it is unjust to deny workers their wages, saying that his administration will ensure that workers and pensioners get their entitlements as and when due.

Ayo Midele/Editor

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Group warns Dangote to stay clear of Osun politics - ITREALMS

ITREALMS:

A political action group in Osun State, Omoluabi United, has called on Africa’s richest man Alhaji Aliko Dangote to stay away from the partisan fray in the state as it gears for the election of a new governor, reports ITREALMS.

Omoluabi United in a press statement made available to ITREALMS, called on Dangote to eschew the word on social media and a YouTube message that he would deploy his wealth in support of the PDP candidate Ademola Adeleke.

In an open letter, the Omoluabii United said the people of Osun State shared similar values with Alhaji Dangote. These are “Common values like Truthfulness, Selflessness, Integrity, Modesty, Assiduity, and Industry”.

They stated, “Given our shared preference for stellar values, we are horrified to hear in the news making the rounds in our state that a charlatan boasts of how he would deploy your money to buy the electorate of Osun. True to his character, he brags not of his own money but to utilise the funds Alhaji Dangote earned from customers in Osun State and others in Nigeria from his enterprise and apply it to unwholesome ends.”

The statement added: “Your wealth is yours to deploy as you deem fit. We assume, however, that you would always cherish positive associations and not negative ones. We urge you to exalt the values that you love, and that best describes you in the politics of Osun State.”

Omoluabi United then pleaded: “Please do not elevate the wrong values, by association,  in Osun State.  Do not do to Osun State what you would not wish on Kano State or any progressive geographical space in Nigeria. Or on any of the companies under the Dangote Group.

“You would not hire to run any part of Dangote Group a character without the necessary school certificate, a waffler, a fellow with no record of any personal attainment in any of life’s undertakings.”

Spokesman of Omoluabi United, Opeyemi Ige, said the message to Aliko Dangote is a plea born out of the need to avoid a significant error in the State.

Ayo Midele/GEE

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