Biden Announces $350m to Facilitate Digital Transformation in Nigeria, Others Afreximbank, US Eximbank sign $500m MoU to boost US-Africa trade Africa is confronted with internal, external trade barriers, says Elumelu Ugo Aliogo in Washington DC President Joe Biden of the United
States of America has announced the commitment of $350 million to facilitate digital transformation
in Africa. According to Biden, such intervention would help to make sure more
people across Africa participate in the digital economy. He stated that the commitment
included partnerships such as a new collaboration between Microsoft and Viasat to bring in Internet access to
five million Africans. Continued on page 10
Senate Confirms Reappointment of Two CBN Deputy Govs for Second Term... Page 6 Thursday 15 December, 2022 Vol 27. No 10110. Price: N250
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NEF: People Being Made to Give Up PVCs for N2, 000, AllegesVoter Suppression in North Olawale Ajimotokan and Adedayo Akinwale in Abuja
L-R: Founder, Tony Elumelu Foundation and Group Chairman, United Bank for Africa(UBA), Tony Elumelu; United States Secretary of State, Anthony Blinken, and Co-Founder, Tony Elumelu Foundation, Dr. Awele Elumelu, at the opening reception hosted by US State Department and Tony Elumelu Foundation, at the ongoing US-Africa Leaders Summit in Washington...recently
The Northern Elders Forum (NEF) has alleged that millions of voters in the region, Continued on page 10
NEITI: 619.7m Barrels of Crude OilValued at N16.25trn Lost to Theft, Sabotage in 12Years Calls for special panel on Glencore scandal indicting Nigerian officials Emmanuel Addeh in Abuja As the federal government continues to search for a lasting solution to the bleeding in the oil sector, the Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday revealed that in the period spanning between 2009 and 2020, Nigeria lost as much as 619.7 million barrels of crude oil valued at N16.25 trillion to oil theft. In a statement signed by the organisation’s Head, Communications and Advocacy, Obiageli Onuorah in Abuja, NEITI also welcomed the decision of the federal government to set up a special investigative panel on oil theft and losses in Nigeria. To underscore the seriousness
of the oil theft investigation panel, the Dr. Ogbonnaya Orji-led NEITI disclosed that from its industry reports, Nigeria had lost 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion in 12 years from 2009 to 2020. The losses were from theft and sabotage, based on information and data provided by an average of eight companies covered by NEITI process over the years, the statement added. A breakdown of the losses, it stated, showed that in 2009 when NEITI commenced reporting of crude oil theft, Nigeria lost 69.49 Continued on page 10
Bureau of Public Service Reforms Rates BUHARI MEETS BIDEN... Muhammadu Buhari (left) with U.S. President Joe Biden during a meeting at the White House on the sidelines of the US-Africa Leader's Summit NPA as ‘Platinum Level’ Organisation... Page 5 President held in Washington , US ... yesterday