Okunbor: Shell’s Future Investment to Be Determined By PIB’s Outcome We're closely monitoring legislative proceedings on the four bills
Chineme Okafor in Abuja Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair of
Shell Companies in Nigeria, Mr. Osagie Okunbor has said that the company’s future investments in Nigeria’s oil and gas sector would be determined by the final outcomes on the
Petroleum Industry Bill (PIB). Okunbor, who stated this in an interview THISDAY in Abuja monitored from the July 2018 edition of the KPMG Nigeria CEO Outlook, noted that right
fiscal frameworks were essential to attract huge investments in the oil industry, and warned that Nigeria was at risk of losing investment capital to other competing jurisdictions
if it failed to get it right with the PIBs. The Shell Country Chair said the passage of the PIBs would provide a good incentive for investments to flow into
Nigeria’s oil and gas sector, adding that Shell is closely monitoring ongoing legislative proceedings on the four bills Continued on page 6
Akpabio Lied on Projects He Claimed to Have Executed, Alleges Udom ... Page 6 Saturday 25 August, 2018 Vol 23. No 8529
www.thisdaylive.com TR
UT H
& RE A S O
N250
N
Buhari: I Didn’t Trek 800m to Prove Physical Fitness Nigerians appreciate my programmes Recent APC victories are proofs we'll win in 2019 Omololu Ogunmade in Abuja President Muhammadu Buhari yesterday in Daura, Katsina State, explained the reason he
trekked 800 metres in Daura after Eid prayers on Tuesday, saying he didn't do so to prove his fitness. In a related development,
President Buhari has said that more Nigerians were appreciative of the implementation of his policies and projects and that recent
electoral victory by his party is a pointer to ultimate victory for the APC in 2019 eections. A statement by Malam Garba Shehu, his Senior
Special Assistant on Media and Publicity, said Buhari made the clarification on his 800-metre walk during a meeting with representatives of the five local
governments in Daura Emirate, explaining that the walk was not meant to score any cheap Continued on page 6
APC Fixes Presidential Primary for September 19, Governorship September 24 NEC holds next Wednesday to ratify timetable Protests alleged leakage of memo on schedule of congresses Onyebuchi Ezigbo and Omololu Ogunmade in Abuja Ahead of the 2019 general elections, the All Progressives Congress (APC) has scheduled its Presidential Primary for September 19, while that for governorship positions would be on September 24. However, the party’s National Executive Committee (NEC) would meet next Wednesday to approve the timetable and modalities for congresses and primary elections. The move to convene its NEC meeting came just as the ruling party yesterday vehemently protested the leakage of its notice of schedule for congresses and primary elections sent to the Independent National Electoral Commission (INEC). According to the leaked notice, signed by the APC National Chairman, Adams Oshiomhole, the party proposes to hold nationwide
congresses on September 8. The notice to INEC, dated August 17, also proposed that the presidential primary would take place on September 19. Other proposals include, House of Representatives primary - September 19, Senatorial primary - September 20, Governorship primary -September 24 and House of Assembly primary September 29. However, the scheduling of presidential and House of Representatives primaries on the same day, September 19, raises doubts about the authenticity of this version of the APC's notice. Embarrassed by the leakage of its letter to the INEC, the APC national leadership issued a statement yesterday, expressing disgust at the development. In a statement issued by Continued on page 6
Ortom: Herdsmen Planning to Kidnap, Kill Me... Pages 54
EYE ON 2ND TERM... L-R: Governor Okezie Ikpeazu of Abia State; Nyesom Wike of Rivers State and Udom Emmanuel of Akwa Ibom State, during Udom’s formal declaration to run again for governorship in 2019 in Uyo…yesterday