Marginal Fields: NUPRC Invites Reserve Bidders after Winners Failed to Pay Within Stipulated Time Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday invited reserve bidders
for the 2020 marginal fields programme completed in 2021, after some initial bid winners failed to pay up their signature bonuses within the stipulated time.
A public notice signed by the Commission’s Chief Executive Officer, Mr. Gbenga Komolafe, indicated that a number of the winners of the assets could not pay
the fee, prompting the organisation to rework the process. The commission stated that all offers made to the initial bid winners had lapsed, explaining
that by allowing interested reserve bidders to take part in the rest of the process, it will expand the participation of Nigerians. “Notice is hereby given to the
general public, and in particular, all recipients of the letter of notification of potential awardee status in the Continued on page 18
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Military Seizes Power in Burkina Faso, Whereabouts of President Unknown... Page 8
Despite COVID-19, Over 14.2m Passengers Travelled by Air in 2021 Chinedu Eze
Notwithstanding the restrictions and devastating effects of the coronavirus pandemic on the Nigerian economy, more than 14.2 million persons travelled by
air in the country through domestic and international flights in 2021. Records from the Nigeria Civil Aviation Authority (NCAA) showed that the number of passengers on inbound domestic flights were 5, 977, 927, while outbound domestic
flights were 6, 072, 337, making a total of 12, 050, 264. In the same period, inbound international flights carried 1, 086, 395 passengers and outbound international flights conveyed 1, 112, 884, making a total of 2,
199, 279. This made the total of both domestic and international passengers that were airlifted 14, 249, 543. Apart from 2020, when there were no scheduled flight operations for about four months, the highest
passenger traffic recorded in air travel in the past five years was in 2019, when passenger traffic rose to 17, 580, 023. Details of the travel statistics obtained from NCAA also indicated that 27 international airlines
operated 9, 673 flights with 3, 216 delays, 37 cancellations, 24 air/ramp returns, 18, 458 missing baggage and out of that number, 16, 978 baggage were later found. During Continued on page 18
FG Bows to Labour, Shelves Plan to End Fuel Subsidy from July Sylva: Buhari against subsidy removal Lawan appeals to NLC, TUC to cancel protest Postponement sends wrong signal to foreign investors, oil marketers warn APC: Removal will heighten inflation, cause undue hardship Labour petitions state governors over proposed hike in petrol price Onyebuchi Ezigbo, Emmanuel Addeh, James Emejo, Adedayo Akinwale, Sunday Aborisade in Abuja and Peter Uzoho in Lagos Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced the resolve of the federal government to jettison its earlier plan to remove subsidy on petroleum products from July. Ahmed stated this yesterday at a stakeholders' meeting held at the National Assembly complex in Abuja. Minister of State for Petroleum Resources, Chief Timipre Sylva, also stated at a different forum yesterday that subsidy paid on the pump price of petrol would remain for now. Sylva revealed that President Muhammadu Buhari was against fuel subsidy removal. The stakeholders’ gathering Continued on page 18
SUBSIDY STAYS... L-R: Minister of Finance, Budget and National Planning, Zainab Ahmed; Minister of State for Petroleum Resources, Timipre Sylva; Permanent Secretary of the Ministry, Dr Nasir Sani Gwarzo; and Group Managing PHOTO: Julius Atoi. Director, NNPC, Mele Kyari, at a meeting between the National Assembly and federal government delegation on petroleum subsidy held in Abuja... yesterday
Ganduje: I’ll Sign Death Sentence of Hanifa’s Killers with Speed If... Page 49