SUNDAY 5TH DECEMBER 2021

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NNPC's Monthly Deductions from FAAC Hit N200bn in December Nine-month petrol subsidy payments gulp N1.027tn FG vows to tackle cooking gas price hike Says PIA will boost per capita consumption of the product Emmanuel Addeh in Abuja and Francis Sardauna in Katsina The

Nigerian

National

Petroleum Company (NNPC) Limited will again make a deduction of roughly N200 billion from the joint federal, state, and local government

account when the Federation Account Allocation Committee (FAAC) meets later this month to share the statutory monthly allocation.

An analysis of the document by THISDAY, detailing the presentation of the national oil company to FAAC in November, indicated that

the N200 billion will be the highest amount deducted by the NNPC since it resumed payment of petroleum subsidies in February this year.

In all, it further showed that the NNPC has netted off at least N1.027 trillion Continued on page 6

Buhari: Nigeria is Africa’s Most Viable Investment Destination... Page 5 Sunday 5 December, 2021 Vol 26. No 9736

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Anxiety in PDP as Supreme Court Hears Secondus’ Appeal Tomorrow Opposition party shifts inauguration of Ayu, others to Friday Chuks Okocha in Abuja There is palpable tension within the Peoples Democratic

Party (PDP) as the Supreme Court will tomorrow hear the appeal filed by the sacked National Chairman of the

party, Prince Uche Secondus, asking the apex court to quash his removal from office, THISDAY has learnt.

THISDAY also gathered that the apex court may also decide to rule on the matter tomorrow, or later within the

recent National Convention week. It was learnt that the of the party has led the main fear that the decision of the Continued on page 5 Supreme Court may affect the

UK to Add Nigeria to Red List of Countries amid Omicron Spread Bans non-UK, non-Irish citizens from Nigeria FG, Afrexim Bank intensify talks on local vaccine production Nigeria can't be ready to produce vaccine in one year, says Tomori Ejiofor Alike, Chinedu Eze in Lagos and Onyebuchi Ezigbo in Abuja Following the 21 cases of Omicron variant of COVID-19 reported in England, which are linked to travel from Nigeria, the United Kingdom has announced a temporary measure to prevent further cases of the virus from entering the country from 4a.m. tomorrow (Monday). Under the new measure, which would be reviewed after three weeks, the UK will tomorrow add Nigeria to the red list of countries

from where people arriving must quarantine in a hotel for 10 days, in an effort to limit the spread of Omicron strain of COVID-19, Health Secretary, Mr. Sajid Javid, said yesterday. This implies that from 4a.m. on Monday, UK and Irish citizens and residents arriving from Nigeria must isolate in a government-approved managed quarantine facility for 10 days, and receive two negative PCR tests, as further precautionary action is taken against the Omicron variant. Continued on page 12

SELLING THE NIGERIAN BRAND… President Muhammadu Buhari (left), and the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, at the Nigerian Pavillion during the Expo 2020 in Dubai, United Arab Emirates (UAE)…yesterday

Army Says No Cause for Alarm as Terrorists Bomb Maiduguri...

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