WEDNESDAY 24TH JUNE 2020

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Concerns Mount over Transparency of 2020 Marginal Fields’ Bid Round Nigerians bid to sue Shell in UK over oil spills Deutsche Bank completes $3bn export credit deal for NLNG Ejiofor Alike in Lagos and Emmanuel Addeh in Abuja with agency reports Industry players have expressed concerns about the transparency and credibility

of the 2020 marginal fields' bid round process being handled by the Department of Petroleum Resources (DPR), Nigeria’s oil and gas regulatory agency. It was gathered that

the federal government is targeting to raise over $500 million from the bid round in terms of signature bonuses from the 57 fields, which will be auctioned. This came just as some

Nigerians have asked British judges to give them permission to sue Royal Dutch Shell Plc in London for the environmental damage caused by the oil giant in Niger Delta. Besides, Deutsche Bank

Luxembourg SA has completed a $3 billion export credit agency (ECA)-backed hybrid corporate financing for Nigeria LNG Limited. The entire process for the 2020 bid round schedule,

according to the DPR, is supposed to start from June 1, commencing with the official announcement, to August 9, when payment of application, Continued on page 9

FG Woos Foreign Investors, Says Economy Resilient... Page 5 Wednesday 24 June, 2020 Vol 25. No 9207. Price: N250

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For APC’s NWC, Giadom’s Planned NEC Meeting at State House Illegal Adedayo Akinwale in Abuja The gladiators in the crisis rocking the All Progressives Congress (APC) locked horns yesterday over plans

to convene a meeting of the National Executive Committee (NEC) of the party to restore peace and order in the ruling party. Earlier, the factional acting

National Chairman of the party, Mr. Victor Giadom, had issued a notice of the meeting, which he said he did with the consent of President Muhammadu Buhari.

The meeting is billed to hold tomorrow at the State House, Abuja. But the party's National Working Committee (NWC) faulted his decision, saying as

a suspended member of the party, he lacks the power to convene the NEC meeting. Also, Minister of Transportation, Hon Chibuike Amaechi, has waded into

the crisis in the Rivers State chapter of the party, especially in the wake of threats by his supporters to unleash violence Continued on page 9

Wike Withdraws from Reconciliation, Three Governors Head for Edo State No tax collector among us, NWC replies gov Party reports Rivers judge to NJC Another court stops Obaseki's exclusion from primary

Davidson Iriekpen in Lagos, Chuks Okocha in Abuja, Ernest Chinwo in Port Harcourt and Adibe Emenyonu in Benin Efforts by the Peoples Democratic Party (PDP) to resolve grievances arising from Edo State Governor, Mr. Godwin Obaseki's late entry into the race for its governorship ticket, suffered a setback yesterday as Rivers State Governor, Mr. Nyesom Wike, withdrew from the reconciliation process. Meanwhile, three PDP governors, including Aminu Tambuwal of Sokoto State and chairman of the PDP Governors Forum; Ifeanyi Okowa of Delta State; Ahmadu Umaru Fintiri, governor of

Adamawa State are heading to Benin City to save governor Obaseki and plead with other governorship gladiators to give Obaseki a safe landing for the party's gubernatorial ticket tomorrow. Wike, who is close to the leading aspirant of the party before Obaseki joined the race, Omoregie Ogbeide-Ihama, cited the allegation that he masterminded Monday's court injunction restraining PDP from allowing Obaseki to join its shadow poll, slated for tomorrow, for his withdrawal. The court restrained Obaseki from participating in the PDP's primary pending the determination of the suit. Ogbeide-Ihama had filed Continued on page 9

Ghanaian President Apologises to Buhari over Demolition of Diplomatic Building... Page 8

FOR STRONGER TIES... L-R: Managing Director, Nigerian Ports Authority (NPA), Ms. Hadiza Bala-Usman, with Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh during Bala-Usman's visit to NIMASA, in Lagos...yesterday


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