NNPC Upbeat Over Proposed $2.3bn Domestic Gas Market Peter Uzoho The Nigerian National Petroleum Corporation (NNPC) is optimistic about the future of a proposed $2.3billion domestic gas market as well as plans to rehabilitate the country's refineries. NNPC
Group General Manager, Corporate Planning and Strategy, Meyiwa Eyesan, stated this on Saturday at the First Akomeno Oteri Annual Lecture organised by the Nigeria Association of Petroleum Explorationists (NAPE). The virtual lecture
was in commemoration of the association’s 45th anniversary, with the theme, “Long Term Funding for E&P Business in Nigeria: Strategies and Sustainability.” Eyesan said the corporation was not desperate to sell off its equities in oil companies
in partnership with NNPC, adding that NNPC has decided not do it alone but go into partnership with the private investors. “What we have done in the upstream sector is what we are going to replicate in the downstream by going into
partnership with private investors,” she noted, saying the approach would be seen in the rehabilitation of the old pipelines and refineries. “The pipelines and the refineries are open to partnership on Build Operate and Transfer (BOT) bases,” she explained.
According to her, the corporation has gained traction and reduced its JVC cash call debt from $5 billion in 2015 to $3 billion in five years. She attributed the development to the efficient business plan put Continued on page 5
Air Peace, Aero Airlines, Four Others to Resume Flights at Asaba Airport…Page 8 Sunday 16 August, 2020 Vol 25. No 9260
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Secondus: Buhari’s Statement on Using Military for Election, Unfortunate Says comment vindicates allegation, president used military to win 2019 poll DSS summons Ghali Na'Abba over hate speech Chuks Okocha in Abuja and Sylvester Idowu in Warri National Chairman of the Peoples Democratic
Party (PDP), Prince Uche Secondus, on Saturday described as unfortunate a statement credited to President Muhammadu Buhari that he
could have used the military to undermine the integrity of the electoral process during the 2019 general election. Secondus said it was unbecoming for
a president who claimed to have gotten majority of the votes in 2015 to insinuate compromising the integrity of his re-election in 2019. He
stated that the statement by Buhari tended to give credence to allegations that his reelection in 2019 was via the military and the undermining
of the democratic process. In a related development, the Department of State Continued on page 8
Insecurity: Resort to Self-help Imminent, Dangerous, CAN Warns Worries lives no longer matter in Nigeria Advises Buhari to convene conference of past security chiefs “Turning a deaf ear to this voice of reason is why there have been unending killings in the land by criminals parading themselves as terrorists, herdsmen killers, bandits, kidnappers and others. The menace is unprecedented, unfortunate and unacceptable” Onyebuchi Ezigbo in Abuja and John Shiklam in Kaduna Except something urgent and drastic is done to control the current wave of insecurity in Nigeria, resort to selfhelp by the citizens may be inevitable, and that would be too dangerous for the country to deal with, the Christian Association of Nigeria (CAN) has warned. CAN, which is the apex umbrella body for Nigerian Christians, alleged that President Muhammadu
Buhari had been unwilling to accept counsel on how to tackle the raging of insecurity. It advised Buhari to, as a matter of urgent national importance, convoke a conference on security, which would bring together critical stakeholders, including former service chiefs, to deliberate on the way forward. Special Assistant to the CAN president on Media and Strategic Communication, Continued on page 5
INAUGURATING ONDO CAMPAIGN COUNCIL... L-R: Osun State Governor, Mr. Gboyega Oyetola; Chairman, APC National Campaign Council for Ondo election and Lagos State Governor, Mr. Babajide Sanwo-Olu and Plateau State Governor, Barr. Solomon Lalong, during the inauguration in Abuja of the Party's Campaign Council for the Ondo State Governorship election holding October 10... yesterday