FG Set to Issue Prospecting Licences to Winners of Marginal Oilfields Pledges to meet OPEC’s production quota by August Emmanuel Addeh in Abuja After a long wait, the federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday said that it was set to issue
Petroleum Prospecting Licences (PPL) to successful awardees of marginal fields in the 2020 bid round. The commission noted that the move was in fulfilment of the promise made early this
year, pursuant to the provisions of the Petroleum Industry Act (PIA), 2021. A statement signed by the NUPRC Chief Executive, Mr Gbenga Komolafe, indicated that the event would hold on
Tuesday in Abuja. This is coming as the Minister of State for Petroleum, Mr Timipre Sylva, at the weekend said the gap between Nigeria’s oil production and the quota given to it by the Organisation of Petroleum
Exporting Countries (OPEC) would be filled by August. The marginal oil fields bid round, which commenced in 2020, had been bogged down by bureaucratic challenges, which prevented the winners from
commencing the development of the fields over one year after the awardees were officially handed the initial certificates. On May 30, 2021, the then Continued on page 5
Buhari: Investments from Nigerians Abroad will Help Economy to Grow…
Page 6
Sunday 26 June, 2022 Vol 27. No 9938
www.thisdaylive.com TR
UT H
& RE A S O
N400
N
Obasanjo: My Regret in Appointing Atiku as Vice President James Sowole in Abeokuta Former President, Chief Olusegun Obasanjo, yesterday reminisced on his life and achievements both
in the military and as civilian president, saying one of the mistakes he made was picking former Vice President Atiku Abubakar as his running mate during the 1999 presidential
election. He made the revelation at the final of the National Exhibition and Awards, held at the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta,
Ogun State, which featured presentations and exhibitions of some products, made by students of the participating schools. Obasanjo was responding to
questions, posed by students from selected secondary schools chosen to participate at the event, organised by Students for the Advancement of Global Entrepreneurship (SAGE).
The current presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, was Obasanjo’s Continued on page 6
Tinubu Didn’t Lie Under Oath, Says Bayo Onanuga Group gives Buhari, IG 48 hours to arrest former Lagos governor Chuks Okocha, Alex Enumah and Emmanuel Addeh in Abuja The Asiwaju Bola Ahmed Tinubu Presidential Campaign Organisation yesterday stated that the presidential candidate of the All Progressives Congress (APC), Senator Bola Tinubu, did not lie under oath over academic qualifications. This followed an allegation that Tinubu claimed in the forms he submitted to the Independent National Electoral Commission (INEC) in 2022 that he did not attend primary and secondary schools. The former Lagos State governor was said to have claimed that he attended primary and secondary schools in the forms he submitted to INEC in 1999. INEC had in line with the Electoral Act, on Friday released the Form EC9 containing some details of presidential candidates Continued on page 10
LOVE IN THE AIR… L-R: Groom's parents, Mr. Oluwakemi Balogun (SAN); his wife, Folashade; Akarigbo of Remo Land, Oba Babatunde Adewale Ajayi; newly-wed, Olamide and Motunrayo; Intercontinental Overseer on Christian Social Responsibility (CRS), Redeemed Christian Church of God, Pastor Idowu Iluyomade; Senator Mohammed Sanusi Daggash; KUNLE OGUNFUYI and President of African Industries, Mr. Raj Gupta, during the wedding reception of Motunrayo and Olamide Balogun in Lagos…yesterday
Relief as INEC Extends Voters’ Registration Exercise Indefinitely…
Page 5