WEDNESDAY 30TH SEPTEMBER 2020

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Buhari Seeks Approval to Reimburse Five States N148bn Transmits PIB to N’Assembly Deji Elumoye, Emmanuel Addeh and Udora Orizu in Abuja President Muhammadu Buhari yesterday sought the approval of the National Assembly for

the refund of N148.1 billion to five states for the execution of federal roads. Buhari also yesterday transmitted the Petroleum Industry Bill (PIB) to the lawmakers for approval

Sylva, Kyari urge speedy passage of bill

with the Minister of State, Petroleum Resources, Chief Timipre Sylva, and the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, urging the federal

lawmakers to facilitate speedy passage of the oil reform bill. The two request letters from the president on the reimbursement of states and the PIB were read at the resumption of Senate’s

plenary by the President of the Senate, Dr. Ahmad Lawan. In the letter dated September 2, 2020, Buhari in seeking for the passage of the PIB said: "Pursuant to Section 58 of Constitution of the Federal

Republic of Nigeria 1999 constitution as amended, I formally request the consideration and passage into law by the Senate the Continued on page 8

THISDAY ARISE Group's Commemoration of Nigeria @60 Holds Tomorrow! Wednesday 30 September, 2020 Vol 25. No 9305. Price: N250

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Buhari Requests Elevation of Eight Justices to S’Court... Page 5

FG Floors P&ID Again, UK Court Orders Release of $200m Guarantee to Nigeria Malami hails verdict Fund will boost exchange rate management, says Emefiele Obinna Chima Nigeria yesterday recorded another victory in its ongoing legal tussle with the Process & Industrial Development (P&ID) Limited as a London Commercial Court ordered the release of the $200 million guarantee for the stay of execution granted the country pending the appeal filed against the judgment of Justice Christopher Butcher for

the execution of the Arbitral award of $10 billion to the company. The Attorney General of the Federation and Minister for Justice, Mr. Abubakar Malami, hailed the court’s ruling even as the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, hailed the court’s decision, saying the $200 million will enhance Continued on page 8

Gbajabiamila Directs Re-gazetting of Water Bill for House Reconsideration Adedayo Akinwale and Udora Orizu in Abuja

After a stormy session over the controversial Natural Waters Resources Bill at the House of Representatives yesterday, the Speaker, Hon. Femi Gbajabiamila, has directed that the bill be published in House gazette for reconsideration. The bill has continued to generate a lot of ripples in the country since its reintroduction with some section of the

country alleging that the bill was part of a grand plot to seize their water resources and take over their land for use as RUGA settlements, even though the federal government had insisted that those opposing the bill were ill-informed. However, Gbajabiamila's directive at the resumption of plenary yesterday, followed a point of order raised by Continued on page 8

OWA-OYIBU BY RAIL… L-R: Chief of Staff to the President, Prof. Ibrahim Gambari; Central Bank of Nigeria Governor, Mr. Godwin Emefiele; and Secretary to the Government of the Federation, Mr. Boss Mustapha, during the virtual inauguration of Itakpe-AjaokutaWarri Rail and Railway Ancillary Facility Yard at Owa-Oyibu by President Muhammadu Buhari in Abuja…yesterday

Salami Vows to Do Justice in Investigation of Magu...Page 5


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