The Senate has mandated its Committee on Petroleum Upstream, Downstream and Gas to conduct a holistic investigation on the implementation of the Petroleum Industry Act (PIA) with regards to potential exits of International Oil Companies (IOCs) from Nigeria. This was sequel to a Motion brought before the Senate by the Senator representing the Akwa […]
Court of Appeal, sitting in Lagos State, has dismissed the suit by Eseme Eyiboh of the All Progressive Congress (APC) and declared Hon. Okpolupm Etteh of the Peoples Democratic Party (PDP) as the authentic winner and representative of the Eket/ONNA/Esit Eket/Ibeno Federal Constituency. The Court’s ruling, which was delivered on Thursday by Hon. Justice […]
In a bid to uphold economic stability, safeguard consumers against price exploitation, and ensure the accessibility of essential products and services at reasonable rates in Nigeria, Senator Aniekan Bassey, representing the Akwa Ibom North-East Senatorial District, has urged for amendments to the 2004 Price Control Act. According to Senator Bassey, the sponsor of the […]
History was on Friday made in far away oil rich country of Angola, when the President of the Senate of the Federal Republic of Nigeria and Leader of Nigeria’s delegation to the 147th Inter-Parliamentary Union General Assembly in Luanda, Angola broke a 59 year old jinx, by being elected into the Executive Committee of […]
… As Int’l President Akparawa James Edet Becomes Latest Pillar of A.R.I.S.E Ambassadors Akparawa James Edet, the International President of the foremost socio-cultural organization in the Country, Mboho Mkparawa Ibibio, has hailed the revolutionary progress made by Governor Umo Eno, since taking office just five months ago. Akparawa Edet, who is the 11th […]
By Ekemini Simon The Akwa Ibom State Internal Revenue Service, AKIRS has sealed off the premises of defaulting tax payers in its tax compliance enforcement drive. The tax agency in the early hours of today, Thursday, October 26, 2023 sealed off the Uyo branches of Keystone Bank and Heritage Bank for failure to settle […]
The Federation Account Allocation Committee (FAAC) has saved N289 billion into the non-oil account for the month of September 2023 The FAAC has been operating the account since June 2023 as a buffer against hard times. It is different from the Excess Crude Account (ECA). This is contained in the statement at the end […]
President of the Senate of the Federal Republic of Nigeria and leader of Nigeria’s delegation to the 147th Assembly of the Inter-Parliamentary Union in Luanda, Angola, Senator Godswill Akpabio has urged countries of the world to work towards global peace to foster development. During the general debate on the theme: parliamentary action for peace, justice […]
Otuekong Evans Akpanobong, President of the Akpanobong Group – a dynamic and diversified conglomerate with interests in oil, gas, shipping, finance, and construction – has spoken out about the impressive progress made by Governor Umo Eno in Akwa Ibom. The Mkpat Enin born business mogul while fielding questions yesterday from Journalists and Bloggers in […]
Indigenous oil firms, the Frontier Oil Ltd and Savannah Energy, Uquo Gas Ltd have assured affected communities of prompt payment of 3 per cent operational expenditure, Opex, as contained in the Petroleum Industry Act 2021. The Managing Director/Chief Executive Officer of Frontier Oil Ltd, Engineer Dada Thomas spoke at the weekend during the inauguration […]