DPR revokes oil mining licenses of six companies
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DPR revokes oil mining licenses of six companies

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The Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licences (OPL) of five companies.

This was revealed in a public notice issued by the regulatory body on Thursday, June 6.

According to the DPR, the action was based on a presidential directive to “recover legacy debts” owed by the affected companies

The companies affected are :

  1. Pan Ocean Oil Corporation (OML 98)

  2. Allied Energy Resources Nigeria, (OML 120 and 121)

  3. Express Petroleum and Gas Company (OML 108)

  4. Cavendish Petroleum Nigeria (OML 110)

  5. Summit Oil International (OPL 206).

The decision taken might be seen as a political vendetta by some quarters as the Nigeria Port Authority withdrew the licence of a haulage outfit belonging to Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar due to debts amounting to over N120 million.

It was gathered that part of the recovered debt is intended to use in funding the 2019+ budget recently signed into law by President Muhammadu Buhari.

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2019 Poll: Political parties created logistics problems for us -INEC

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INEC Chairman

The Independent National Electoral Commission (INEC) has said that a large number of political parties that participated in the 2019 general elections created a lot of logistics problem for the commission.

Speaking with newsmen in Ilorin, Kwara state’s capital, Mohammed Haruna, the National Commissioner in charge of Kwara, Kogi and Nasarawa States, revealed that there were 799 litigations from the 2019 general elections across the country.

INEC organised a workshop in Kwara to review the 2019 general elections.

According to the National Commissioner, Jigawa had no petition from the election, Kwara had only three petitions and that Imo topped the list with 77 petitions.

Haruna, who further stated that there were over 800 million pre-election cases across the country that arose from political parties’ primary elections said something needed to be done about the numbers of the political parties registered.

“So you can see that with these kinds of problems we had, there is really a need to look at the number of political parties.

“We really need to do something about the 91 political parties, not just the quantity which generally speaking, the public has begun to complain that 93 political parties are on the high side,” he added.

While noting that 76 political parties contested for the Presidential election, he admitted that this was the source of the serious logistics problem that the commission had.

“We underestimated the kind of logistical problem that implied the size of the ballot papers, result sheets and so on.

“By the time these materials started arriving, we realise that it was a huge logistical problem.

“We are lucky, we had the Nigerian Air Force to help with the movement of the materials, they have always been helping us,” Haruna said.

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BREAKING

“Nigerian Universities Are Slow In Discoveries,” Says Buhari

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"Nigerian Universities Are Slow In Discoveries," Says Buhari

“Despite Nigeria independence for over 58 years, Nigerian Universities are slow in discoveries and intervention”

The President of the Federal Republic of Nigeria, Muhammadu Buhari urges Universities across the nation to key into the efforts to be innovative through discoveries in order to help the country development at large, NIGERIA NEWS reports.

However, the Presidential representative and the former deputy Governor of Kano State, Prof. Hazif Abubakar speaks on behalf of the president at the fourth convocation of the Federal University, Dutsinma, FUDMA, Katsina state on Saturday.

Prof. Abubakar states that “Research, critical thinking, moral dispositions, discoveries, and inventions should find natural habitats in our universities, as they do in several other universities in the world.

“Universities are supposed to be strong drivers of the country’s development initiatives for sustainable development.”

“It is not heart-warming that in our over 58 years of independence, Nigerian universities are slow in discoveries and inventions.”

Mr. President said that is administration is bound to perform in the area of creating more structures and facilities across the tertiary institutions in the country. He said training acquisition program would be dispensed through various interventions program.

He also urges that FUDMA and the Sokoto River Basin Development Authority develop a smooth partnership in order to restructure the agricultural sectors and channel out scientific support to the local farmers.

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