Govt orders JVCs to slash 2015 budget by 40% UDEME AKPAN
F
ollowing the dwindling oil prices in the global market, the Federal Government has
Alison-Madueke
Vol. 5 N0. 1039
directed Joint Venture Companies, JVCs, to cut their 2015 budgets by 40 per cent. The National Petroleum Investment Management Services, NAPIMS, which issued the directive on be-
half of the government, reminded them that the budgets were drawn early in 2014 when crude oil prices hovered at over $100 per barrel.
CONTINUED ON PAGE 6>>
Monday, February 2, 2015
12 DAYS TO GO
Ondo PDP crisis deepens as gov shuns President's appeal P.8
N150
Polls: Police get 2,554 armoured vehicles, others ...FG says N125bn spent, 65,000 officers trained in 5 years
OMEIZA AJAYI ABUJA
A
head of this month's general elections, the Federal Government has commissioned the first batch of 2, 554 patrol vehicles for the police. They include 300 operational vehicles, four Armoured Personnel Carriers, APCs, double-cabin armoured patrol vans, and 129 Frontier vans. CONTINUED ON PAGE 5>>
Troops kill 80 insurgents in fresh attack on MaiduguriP.5 THE
Scene of a twin bomb-blast at Gombe old market, yesterday.
BUSINESS SECTION
22 ships laden with foods, petroleum products arrive Lagos P.A4
Free inside
INEC extends PVC collection deadline to Feb 8
'Don't disenfranchise the physically-challenged' P.51 Church clears air on Oyedepo's comment on Jonathan P.7