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February 19, 2024 Ex-Militants in Akwa Ibom Want Umo Eno to Compel Oil Companies for Empowerment
IFMUYONEWS

Ex-Militants in Akwa Ibom Want Umo Eno to Compel Oil Companies for Empowerment

Ex-agitators in Akwa Ibom state, under the aegis of of Akwa Ibom Ex-Militants Forum have urged the Governor; Pastor Umo Eno to compel international oil companies (IOCs) to empower them with jobs and contracts.

This demand was made at the weekend in a statement signed by the Secretary of Akwa Ibom Ex-Militants Forum, Comrade Sunny Afiah, in Uyo.

The former militants lamented that they had suffered injustices and discriminations from IOCs, which had denied them of royalties, employment and pipeline contracts.

According to them, such ill-treatment meted out to ex-agitators by IOCs was against the provisions of the Local Content Law and other social laws.

The statement said: “It would be recalled that we have written several letters to these multinational oil companies operating within the shores of Akwa Ibom State to consider our qualified members for employment and contracts as contained in the Local Content Law, but they rather turn deaf ears.

“It could be recalled that Total E&P Nigeria Ltd, which operates at Ikike Field, Amenam Field, Ofon 2 and Usan fields in Akwa Ibom State have refused to sign a working Memorandum of Understanding (MoU) with the host communities and the state since the last one expired in 2014.

“This is totally unacceptable and we condemn it in strongest terms. We therefore call on Total E&P Nigeria Ltd and all the multinational oil companies and oil servicing companies operating in Akwa Ibom State to do the needful or face severe resistance.

All what we ask is an opportunity to work and make decent living. We have dedicated ourselves to working and we therefore request that the oil companies and the state government should stop discrimination against us and provide us with opportunities to work in our environment as citizens of the Federal Republic of Nigeria.

“We demand immediate award of security/surveillance contracts to us for the security of oil & gas facilities within the state both onshore and offshore.”

“This is as a result of the current trend of insecurity and oil theft recorded in the Niger Delta in recent times. We also call on NNPC Limited, NPDC and the Federal Government to do the needful by engaging us for the protection of the oil facilities within Akwa Ibom State.

“This is because we are very familiar with the terrain and creeks within the State and Niger Delta.

“We implore Akwa Ibom State Governor Umoh Eno to call oil companies to order as we will no longer condone injustice and marginalisation.”

February 9, 2024 Labor Issues 14 Days Strike Notice to Federal Government
IFMUYONEWS

Labor Issues 14 Days Strike Notice to Federal Government

The organised labour consisting of the NLC and TUC, yesterday, issued the Federal Government 14 days ultimatum to honour its part of the October 2, 2023 agreement reached with labor to address the ‘massive suffering’ caused by the removal of subsidy on petroleum products and naira devaluation.

The ultimatum, which starts counting from today, was conveyed in a joint statement signed by president of the Nigeria Labour Congress (NLC), Joe Ajaero, and the Trade Union Congress of Nigeria (TUC) chairman, Festus Osifo.

Labor warned that everything must be done within two weeks to avoid a situation where the unions might be compelled to take appropriate steps to protect Nigerian workers and masses, which will herald a nationwide protest slated to begin on Friday, February 23.

This is besides the two weeks ultimatum given by the National Association of Nigerian Students (NANS) earlier this week for the government to address the galloping inflation making food prices out of the reach of citizens or there will be mass demonstrations across the country.

Labour maintained that government’s failure to uphold its end of the bargain was regrettable and unacceptable to the working people and the citizenry. They alleged that the widespread hunger is now ravishing millions of Nigerians, with workers’ purchasing power significantly eroded, while insecurity has assumed an increasing dimension.

February 9, 2024 CBN, NNPCL Seal Crude Remittances Deal
IFMUYONEWS

CBN, NNPCL Seal Crude Remittances Deal

The Nigerian National Petroleum Company Limited (NNPCL) and Central Bank of Nigeria (CBN) have formalised tge agreement on the directive by President Bola Tinubu for earnings from oil to be domiciled in the apex bank.
Amidst rising economic crisis, especially the free fall of the Naira, the Nigerian leader Tinubu directed the CBN to handle crude proceeds going forward.

A joint statement by the two bodies yesterday said NNPCL would domicile a significant portion of its revenues and other banking services with the CBN.

The decision followed a meeting between the NNPCL Group Chief Executive Officer, Mele Kyari and CBN Governor Olayemi Cardoso in Abuja.

NNPC said the move would provide the national oil company with an improved platform for managing its cash holding obligor limits, aligning with directives from the Board of Directors.

The statement hinted that the CBN has introduced enhanced digital platforms and specific limits to oversee NNPCL’s transactions effectively.

The both expressed commitment to fortify collaborations and smoothen operations.

February 7, 2024 Rivers APC Queries Governor Fubara Over 5 Months Allocation
IFMUYONEWS

Rivers APC Queries Governor Fubara Over 5 Months Allocation

The All Progressives Congress; APC,  in Rivers State, on Tuesday, challenged Governor Siminalayi Fubara to account for the N144.2bn federal allocation received by the state in the last five months, claiming that the impact was not being felt by the Rivers people.

the Rivers State Commissioner for Information and Communications, Joseph Johnson, has however retorted by accusing the APC of “playing politics”.

The Chairman of the state APC Caretaker Committee, Chief Tony Okocha, during a visit to the Speaker of the state House of Assembly, Martin Amaewhule, questioned Fubara’s management of the state’s resources.

Okocha said, “As a party in opposition in the state, we have received data of the sum received by the Rivers State Government from the Federal Allocation from June 22, 2023 to November 2023.

“The Rt Hon. Speaker, it is our finding that a whooping sum of N144,291,667,791.1  has been received from the federal allocation under the governor. This amount is outside the Internally Generated Revenue of the state, which is put conservatively at N10bn every month.

“We regret that this humongous amount has not translated to action in any way in terms of development in the state. What we see are heavily funded street processions and media-sponsored rallies in support of unnecessary political imbroglios.

“Fifth columnist and crisis entrepreneurs feed fat from our commonwealth. As a party, we shall not hesitate to punish any member of our party who is in the cohort in this gross financial malfeasance of our dear Rivers State.”

The APC leader urged the Assembly Speaker to keep a close watch on the governor, saying “And if you do nothing you are equally complicit.”

Responding, the Assembly Speaker, Amaewhule, said the legislature would continue to make laws that would benefit the people while it would amend those harmful to the people.

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