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Shell In Talk With Nigeria To Divest Onshore Oil Stakes

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Nigeria’s oil revenue profile is set to witness a steady rise as the International Energy Agency (IEA) has predicted a major oil demand rebound of 6.5 million barrels per day (bpd) between Q1 and end-2021. The Nigerian National Petroleum Corporation (NNPC) had in a letter to the Accountant General of the Federation projected that it would deduct N112 billion oil and gas proceeds from the federations account for fuel subsidy in order to ensure continuous supply of petroleum products in the country and guarantee energy security. However, industry observers believe that the projection by the IEA will help Nigeria balance its weak revenue profile, especially in the face of huge fuel subsidy which has led to a drastic cut in revenue accruable

JUST IN: Finally, Nigerian Government Receives £4,214,017.66 Ibori Loot

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The British Government has formally paid the £4,214,017.66 looted funds recovered from family members and associates of former Delta State Governor, James Ibori into an account designated for that purpose by the Federal Government. The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, who confirmed this development on Tuesday, said the amount has been credited into the designated Federal Government account with naira equivalent as of 10th May, 2021. Malami’s spokesman, Dr. Umar Gwandu, in a statement on Tuesday quoted the AGF as confirming the receipt of the recovered loot by the FG. He added: “Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN signed Memorandum of Understanding for the repatriation of the Ibori loot on behalf of

Telecome Consumers In Ecstacy As NCC Resolves 99.2% Complaints In Q1 2021

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The Nigerian Communications Commission (NCC) has resolved 99.2 per cent of service-related complaints received from telecom consumers across the major network operators in Q1, 2021. According to the Q1, 2021 Report on Complaint Management issued by the Consumer Affairs Bureau of the Commission, a total of 3,019 consumer complaints were received from four complaint channels established by the Commission as compared to 2,854 complaints received in the Q1, 2020. The consumer complaint channels include the Commission’s Contact Centre, through which the toll-free number 622 is managed, NCC Consumer Portal, NCC social media platforms and written complaints. Of the 3,019 consumer complaints, 2,995 consumer complaints, representing 99.2 per cent, were successfully resolved while only 24, representing 0.8 per cent, which were escalated to service

JUST IN: Again, Buhari Returns To Loan Table, Seeks Fresh $6.183Billion External Loan

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President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit. Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary. Details shortly….

BREAKING: Nigeria Immigration Service Suspends Processing Of New Passport Applications Until….

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The Nigeria Immigration Service (NIS) has suspended the processing of new passports until Tuesday, June 1, 2021. This is to allow enough time to clear all the backlog of applicants as directed by the Minister of Interior, Ogbeni Rauf Aregbesola. This was announced in a statement dated Monday, May 17 and signed by AB Yarima, Deputy Controller General. ”This directive, which comes into effect from today, May 17, 2021, has become necessary to allow enough time to clear all the backlog of applicants sequel to the commencement of new passport regime on June 1 2021,” the document stated. The deputy controller general also urged all passport control offices to make use of the period to ensure it clear all outstanding passport processing. ”consequently upon the forgoing, all PCOs are

BREAKING: Tension In NASS As Plot To Remove Senate President, Ahmed Lawan Gather Momentum

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The plot to remove Senate president, Ahmed Lawan is gaining momentum in the National Assembly, Decency Global News has gathered. Hon. Sergius Ogun, a member of the house of Representatives(North-East/Esan South-East contituency of Edo state) was first to hint that all was not well in the hallowed chambers. He appeared on ‘The Morning Show,’ a programme on ARISE NEWS Channel, revealing that plans were underway to oust Lawan. He disclosed that Lawan may be removed from office this week after he criticised Southern governors over their resolution to ban Open grazing. In his words; “We are in the process of reviewing the constitution and the chairman of the National Assembly (Lawan) is rebuking, chastising the governors for saying that they should restructure the

JUST IN: Ogun State Governor’s Aide Abidemi Rufai Land In FBI Net For $350,000 Covid-19 Unemployment Benefits Fraud

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The Federal Bureau of Investigation announced the arrest of Abidemi Rufai, for allegedly defrauding the State of Washington over $350,000 in unemployment benefits through wire fraud. Rufai, aka Sandy Tang, 42, is also a Senior Special Assistant to the Ogun State Governor. The FBI disclosed this in a social media statement on Monday evening. The accused made his initial appearance on Saturday, May 15, 2021, in New York and is scheduled for a detention hearing on Wednesday. “A Nigerian citizen was arrested Friday evening at JFK Airport in New York on a criminal complaint charging him with wire fraud for his scheme to steal over $350,000 in unemployment benefits from the Washington State Employment Security Department,” announced Acting U.S. Attorney Tessa M. Gorman. “The criminal complaint

Buhari In Huge Trouble As Igbo’s In The American Military Writes President Biden Over His Persecution Of Igbos In Nigeria

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Members of the United States Military of Igbo descent who served or currently serving in the United States Armed Forces under the aegis of the American Veterans of Igbo Descent (AVID) have written to the US Department of State over President Buhari’s persecution of Igbos in Nigeria. In a letter jointly signed by Chief Sylvester Onyia, President and Dr. Godson Obiagwu, Secretary, and obtained by IgbereTV, AVID condemned what it called the “oppressive condition” of Igbo people entrapped in Nigeria and sought for Department of State’s urgent action. AVID further urged the United States Government to urgently restore the indigenous people of Biafra as a country carved out of Nigeria adding that “only an Independent Biafran Republic will ensure the Safety and

BREAKING: Harry Kane Breaks Tottenham Hotspure’s Heart, Drops Bombshell He Wants To Leave The Club

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Tottenham Hotspur striker, Harry Kane has again told the club he wants to leave in the summer. Chelsea, Manchester City, and Manchester United have contacted the 27-year-old’s representatives about a potential move for the striker since his decision became public knowledge. Sky Sports reported that Spurs have begun the search for a replacement for their talismanic striker, an indication that they could let him go. The England international reportedly indicated he wants to remain in England. He has also indicated he wants his future settled before joining the Three Lions for the European Championships in June. Kane has in several interviews expressed he desired more silverware at club level, having failed to win any since making his Premier League debut in 2014.

US Legislators Question $735m Arms Sale To Israel – Report

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Some United States legislators are questioning whether a $735m approved weapons sale to Israel by President Joe Biden’s administration could be used as leverage amid the continuing bombardment of the Gaza Strip, the Washington Post reports. The arms sale, which Congress was notified of on May 5, a week before the current Israel-Palestinian escalation began, includes Joint Direct Attack Munitions (JDAMs), which are used to turn bombs into precision-guided missiles, according to the newspaper. Some legislators and aides said the sale could prompt a groundswell of opposition in Congress, where criticism of the Biden administration’s support of Israel amid the deadly confrontation has become more prevalent. “Allowing this proposed sale of smart bombs to go through without putting pressure on Israel to agree to a ceasefire will

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