You Wan Use The Fight Take Japa From Nigeria Abi? – Niki Tall Replies VeryDarkMan

Self-described Canadian heavyweight fighter, Niki Tall, has replied Online personality VeryDarkMan, following a recent boxing bout challenge. Recall few days ago, a video had gone viral capturing Niki Tall challenging...


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Election Is Over, Let’s Work Together” — Tinubu Begs Atiku, Obi, Others

As part of efforts to expand national unity within Nigerian political space, President Bola Ahmed Tinubu has begged his rivals in the last presidential election, such as Atiku Abubakar of...


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FG announces plans to conduct fresh oil licensing in 2024

 




The Federal Government said it has concluded plans to
conduct a fresh round of oil licensing in 2024 to attract new investors and
increase investment, ultimately raising Nigeria’s oil reserves toward 40
billion barrels from the present 37 billion barrels.



 



The Chief Executive Officer of the Nigerian Upstream
Petroleum Regulatory Commission, NUPRC, Gbenga Komolafe, confirmed this in a
policy statement on Saturday.



 



According to him, the planned licensing round aligns with
Section 73 of the nation’s Petroleum Industry Act, PIA, a comprehensive
legislation aimed at achieving increased investment, restructuring,
transparency, and accountability.



 



He said the exercise will enable Nigeria to accomplish set
objectives, including generating funds and attracting fresh investments in
exploration and development.





 



“The Commission shall, beginning 2024, conduct all future
licensing rounds based on a Licensing Round Plan and modern acreage licensing
practices, to include the periodicity of licensing based on the predictability
of timelines and long-term national economic and developmental agenda,” he
stated.



 

IS THAT TRUE? A Successful Woman Isn’t Valued In Nigeria Unless She’s Married – Uriel

  Big Brother Naija star, Uriel Oputa, has stated that successful women are under appreciated in Nigeria until when she gets married. Uriel issue a stern warning against people downplaying...


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Akeredolu Was A Weakling, Mismanaged His Health – Ex-Aide

A former Senior Special Assistant on Special Duties and Strategies to the late Governor of Ondo State, Rotimi Akeredolu, identified as Doyin Odebowale, has described his late principal as a...


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We’re All Prisoners In Poorly Governed Nigeria – Peter Obi

The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described Nigerians as prisoners in a poorly governed nation. Obi disclosed that the various challenges facing...


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Edison Ehie Resigns As Rivers Assembly Member, Speaker

Factional embattled Speaker of the Rivers State House of Assembly, Ehie Ogerenye Edison, has resigned. In a letter to the Independent National Electoral Commission (INEC), Edison, a supporter of Governor...


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