Lawan Guarantees Passage of Petroleum Industry Bill Urges leaders to unite to tackle Nigeria’s challenges Deji Elumoye in Abuja President of the Senate, Dr Ahmad Lawan, yesterday committed the National Assembly to an expeditious
passage of the long-delayed Petroleum Industry Bill (PIB). Lawan, at a programme in Abuja to mark his 62nd birthday, assured Nigerians that the passage of the PIB
will form the priority of the National Assembly when it resumes plenary on January 26. He also rallied Nigerian leaders to come together to address all challenges facing
the nation as well as the citizenry. Lawan added that the legislature will give expeditious attention to the passage of PIB, which before now both local
and multinational firms had worked to frustrate its passage. He spoke on how both local and foreign interests had coalesced to frustrate the passage of the PIB.
Lawan, who didn't identify those frustrating the passage of PIB, equated the bill to a demon that has defied every Continued on page 9
FG Commissions Researchers to Assess Efficacy of Treating COVID-19 with Ivermectin... Page 8 Wednesday 13 January, 2021 Vol 26. No 9411. Price: N250
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No Provision Yet for COVID-19 Vaccines in 2021 Budget, Says Finance Minister Finance Act exempts N30,000 minimum wage earners from income tax New law extends Procurement Act to N'Assembly, judiciary Ndubuisi Francis in Abuja Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said that there is no provision in the 2021 Budget to fund the acquisition of COVID-19 vaccines. The minister, during a virtual presentation of the 2021
Budget in Abuja, however, explained that the federal government is working on the type and quantity of COVID-19 vaccines to procure, while her ministry and the Ministry of Health will meet to finalise an amount to be allocated to Continued on page 9
Peugeot Forecasts Nigeria Importing N3tn Used Vehicles, Motorcycles in 2021 Abiodun Eromosele in Lagos and Kuni Tyessi in Abuja The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, yesterday forecasted that Nigeria will import used cars and motorcycles worth N3 trillion in 2021. He also described the recent tariff reduction on automobiles as a policy somersault from
the recommendations of the Automobile Standing Committee set up by the federal government through the Bureau of Public Enterprises (BPE) to examine factors hindering the growth of the automotive sector. Ahmed, during a media parley on, "The tariff regime for automobile assembly plant in the 2020 Finance Bill," yesterday in Abuja, also Continued on page 9
PAYING TRIBUTES TO OKUMAGBA... L-R: Mrs. Emilia Okumagba, widow of CEO of BGL Securities Limited, the late Albert Okumagba; the son, Michael Okumagba; daughter, Rukevwe Okumagba and the late Okumagba's brother, Francis Okumagba, during the Night of Tributes for the deceased, in Lagos.... yesterday sunday adigun
CAN Kicks as Islamic Group Tells Kukah to Apologise or Leave Sokoto...Page 5