At World Economic Forum, Osinbajo Warns Multilateral Finance Institutions against Defunding Oil, Gas Projects in Africa Deji Elumoye in Abuja Vice President Yemi Osinbajo yesterday warned multilateral finance institutions against defunding oil and gas projects
in Africa, as the Western World continues its drive to phase out polluting fuels, saying such a step would have medium and long term consequences on African economies.
Osinbajo, who delivered a special address (virtually) at the ongoing World Economic Forum in Davos, Switzerland, added that drastic actions would ultimately impede the aim of
phasing out fouling oils. He declared: “We need to ramp up energy access in response to this situation, which is why the transition from fossil fuels to renewable energies must be
just and fair. We are emphatic in our view that natural gas, which Africa has in abundance, must be accepted as a transition fuel. “Although, we in Africa are working towards the globally
accepted net-zero future, we are also conscious that our energy needs are increasing with the growth in our economies. We Continued on page 5
UN: Boko Haram, ISWAP Still Very Dangerous, Says N’East Needs $1bn Aid… Page 6 Saturday 22 January, 2022 Vol 27. No 9783
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CBN Introduces Single Window Price Portal for Imports and Exports New system to operate on a Global Price Verification Mechanism guided by benchmark prices James Emejo in Abuja The Central Bank of Nigeria (CBN) yesterday said effective
February 1, 2022, all import and export operations would require the submission of an electronic invoice (e-invoice) authenticated
by Authorised Dealer Banks (ADBs) on the Nigeria Single Window Price Portal – Trade Monitoring System (TRMS).
The apex bank noted that the introduction of the e-valuator and e-Invoice would replace hard copy final invoice as part
of the documentation required for all import and export transactions going forward. The CBN disclosed this in a
circular titled:" Guidelines on the Introduction of E-Evaluator, Continued on page 5
Confusion Reigns in APC over Chairmanship, Buni Scheming Akume: Chairmanship already assigned to North-central, commends Caretaker Committee Sheriff: Rumoured zoning aimed at stopping me from leading APC Charles Ajunwa in Lagos and Adedayo Akinwale in Abuja Ahead of its National Convention in February 26, there is confusion in the ruling All Progressives Congress (APC) over the zoning of its chairmanship, with some of the aspirants insisting that it had be decided, and that the Caretaker/Extraordinary Convention Planning Committee (CECPC) should just announce it. Others are saying no decision had been reached and want zoning jettisoned. On the flip side, except the unforeseen happens, the Chairman of the CECPC, who is also governor of Yobe State, Mai Mala Buni, is scheming to be on the chairmanship ballot paper when the party converges on Abuja February 26, to elect new National Working Committee Continued on page 5
AS LAGOS4LAGOS JOINS PDP… L-R: Former governor of Anambra State, Peter Obi; former governor of Kwara State, Bukola Saraki; Governors Duoye Diri of Bayelsa State; Nyesom Wike of Rivers State; and Emmanuel Udom of Akwa Ibom State; during the ceremony to officially receive the Lagos4Lagos Movement, led by Olajide Adediran (Jandor) who decamped from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP) at the Tafawa Balewa Square, Lagos…yesterday
AMCON Takes over Ibadan Disco over Insolvency...
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