FRIDAY 18TH SEPTEMBER 2020

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NNPC Records N20.36bn Trading Surplus in July Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Nigerian National Petroleum Corporation (NNPC) said yesterday that it recorded an increased trading surplus of N20.36 billion in July 2020 compared to the N2.12 billion

surplus in June 2020 in its operations. NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, who disclosed this in a statement in Abuja, explained that the details of the figures were captured in the July 2020

NNPC Monthly Financial and Operations Report (MFOR). The corporation indicated that the 858 per cent overall growth in performance was largely due to the 178 per cent rise in the surplus posted by the Nigerian Petroleum Development Company

(NPDC), NNPC’s flagship upstream entity. It stated that NPDC’s impressive result was bolstered by the continuous improvement in global crude oil demand for the third consecutive month. Similarly, the report said

the corporation’s fortune was further enhanced by the 739 per cent increased profit posted by the Integrated Data Services Limited (IDSL) and a 51 per cent growth in performance by Duke Oil Incorporated, both subsidiaries of the NNPC. The corporation said:

“Returns from NNPC Retail Limited and Nigerian Gas Marketing Company (NGMC) during the period under review also grew by 28 per cent and 24 per cent respectively, owing to increased Continued on page 9

FG Asks Bank Account Holders to Undergo Self-certification Process... Page 10 Friday 18 September, 2020 Vol 25. No 9293. Price: N250

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TODAY'S WEATHER

ABUJA 25°C-33°C

MAIDUGURI 31°C-31°C

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ENUGU 25°C-28°C

KANO 27°C-33°C

LAGOS 24C-27°C

PORT HARCOURT 20°C-30°C

Buhari Urges Caution as 2,210,534 Voters Decide Obaseki, Ize-Iyamu, Others’ Fate 483,769 fail to collect PVCs IG orders restriction of vehicular movement Omololu Ogunmade, Kingsley Nwezeh, Chuks Okocha in Abuja and Adibe Emenyonu in Benin President Muhammadu Buhari last night advised political parties, candidates, and security agents to behave responsibly at tomorrow's Edo State governorship poll in which 2,210,534 voters that have picked up their permanent voter cards (PVCs) would be deciding the fate of

the gladiators. Fourteen candidates, including the incumbent, Mr. Godwin Obaseki of the Peoples Democratic Party (PDP) and Pastor Osagie Ize-Iyamu of the All Progressives Congress (APC) would participate in the election. Also, in a move to curb the movement of illicit arms, hard drugs, and political thugs ahead of tomorrow's Continued on page 9

Govs Direct State Attorneys General to Review Water Bill To meet finance commissioners, others on economy Chuks Okocha in Benin Governors of the 36 states of the federation have called on their Attorneys General to review the controversial National Water Resources Bill before they would take a position on it.

The governors have also resolved to play more active roles in the revival of the Nigerian economy and would schedule a meeting with state commissioners of finance, budget and planning. Continued on page 9

COVID-19 GREETINGS... President Roch Kabore of Burkina Faso (left) and President Muhammadu Buhari during the visit of Kabore to the Presidential Villa, Abuja…yesterday godwin omoigui

Buhari Pledges Nigeria’s Support for Consolidation of Democracy in W’Africa... Page 5


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