• About
  • Advertise
  • Privacy & Policy
  • Contact
Sun News Times
  • Home
  • News
    2023 ELECTION;   “GIVE ME THE TICKET TO FLY GOVERNORSHIP FLAG”, IKONNE APPEALS TO ABIA PDP LEADERSHIP.

    2023 ELECTION;  “GIVE ME THE TICKET TO FLY GOVERNORSHIP FLAG”, IKONNE APPEALS TO ABIA PDP LEADERSHIP.

    LAUGHABLE ALLEGATIONS OF EMENIKE’S BETRAYAL, AND THE PHANTOM ABIA APC YOUTHS.

    LAUGHABLE ALLEGATIONS OF EMENIKE’S BETRAYAL, AND THE PHANTOM ABIA APC YOUTHS.

    APC RECONCILIATION; ABIA PARTY CHIEFTAIN PICK HOLES ON COMMITTEE’S ASSIGNMENTS, WARNS ON FAVORITISM AND COMPROMISE.

    ABIA HIGH COURT THROWS OUT  SUIT TO STOP ONONOGBU’S SWEARING IN AS ABIA APC CHAIRMAN.

    “THE HIGH CHIEF IKECHI EMENIKE I KNOW”…EDWIN AGWU, APC CHIEFTAIN.

    “THE HIGH CHIEF IKECHI EMENIKE I KNOW”…EDWIN AGWU, APC CHIEFTAIN.

    “We cannot be distracted with false allegations on our leader by political merchants; we are  preparing to liberate  Abia come 2023” ….Hon Sterling Uruakpa, Abia APC Assistant state Scribe.

    “We cannot be distracted with false allegations on our leader by political merchants; we are  preparing to liberate  Abia come 2023” ….Hon Sterling Uruakpa, Abia APC Assistant state Scribe.

    ORGANIZED LABOR DISPELS RUMOR OF NON IMPLEMENTATION OF  NATIONAL MINIMUM WAGE IN ABIA.

    ORGANIZED LABOR DISPELS RUMOR OF NON IMPLEMENTATION OF  NATIONAL MINIMUM WAGE IN ABIA.

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Morimiwu by Richy Baba | Download Music MP3

    Morimiwu by Richy Baba | Download Music MP3

    Annual Christmas party:  Ambassador Uzoma Emenike hosts Over 3,000 children, doles out cash and material gifts.

    Annual Christmas party: Ambassador Uzoma Emenike hosts Over 3,000 children, doles out cash and material gifts.

    Gov. Fayemi Reveals Tinubu’s Health Condition in London

    Gov. Fayemi Reveals Tinubu’s Health Condition in London

    Angel BBNaija

    BBNaija : Angel Reveals Why She Needs A Therapist

    Jenifa: How I Survived The Trauma Of First Failed Marriage

    Jenifa: How I Survived The Trauma Of First Failed Marriage

    Liquorose and Emmanuel

    BBNaija: Liquorose Reveals What She Will Do If Emmanuel Gets Evicted’ – Liquorose

  • Lifestyle
    20 Reasons Why Celebrity Marriages Often Crash – Bernice Umoh Reveals (No.4,9,10,11 Will Sh0ck you)

    20 Reasons Why Celebrity Marriages Often Crash – Bernice Umoh Reveals (No.4,9,10,11 Will Sh0ck you)

    BISHOP HONOURS VERY REVEREND FATHER (DR) COLLINS EZE GBUFOR.

    BISHOP HONOURS VERY REVEREND FATHER (DR) COLLINS EZE GBUFOR.

    WHY PEOPLE ARE DYING EARLY……PASTOR ADEBOYE

    WHY PEOPLE ARE DYING EARLY……PASTOR ADEBOYE

    HOW FATHER OF IMO FEMALE GENIUS FULFILLED DAUGHTER’S DREAM.

    HOW FATHER OF IMO FEMALE GENIUS FULFILLED DAUGHTER’S DREAM.

    Governor Ikpeazu pursues Late father’s dream.

    Governor Ikpeazu pursues Late father’s dream.

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
No Result
View All Result
  • Home
  • News
    2023 ELECTION;   “GIVE ME THE TICKET TO FLY GOVERNORSHIP FLAG”, IKONNE APPEALS TO ABIA PDP LEADERSHIP.

    2023 ELECTION;  “GIVE ME THE TICKET TO FLY GOVERNORSHIP FLAG”, IKONNE APPEALS TO ABIA PDP LEADERSHIP.

    LAUGHABLE ALLEGATIONS OF EMENIKE’S BETRAYAL, AND THE PHANTOM ABIA APC YOUTHS.

    LAUGHABLE ALLEGATIONS OF EMENIKE’S BETRAYAL, AND THE PHANTOM ABIA APC YOUTHS.

    APC RECONCILIATION; ABIA PARTY CHIEFTAIN PICK HOLES ON COMMITTEE’S ASSIGNMENTS, WARNS ON FAVORITISM AND COMPROMISE.

    ABIA HIGH COURT THROWS OUT  SUIT TO STOP ONONOGBU’S SWEARING IN AS ABIA APC CHAIRMAN.

    “THE HIGH CHIEF IKECHI EMENIKE I KNOW”…EDWIN AGWU, APC CHIEFTAIN.

    “THE HIGH CHIEF IKECHI EMENIKE I KNOW”…EDWIN AGWU, APC CHIEFTAIN.

    “We cannot be distracted with false allegations on our leader by political merchants; we are  preparing to liberate  Abia come 2023” ….Hon Sterling Uruakpa, Abia APC Assistant state Scribe.

    “We cannot be distracted with false allegations on our leader by political merchants; we are  preparing to liberate  Abia come 2023” ….Hon Sterling Uruakpa, Abia APC Assistant state Scribe.

    ORGANIZED LABOR DISPELS RUMOR OF NON IMPLEMENTATION OF  NATIONAL MINIMUM WAGE IN ABIA.

    ORGANIZED LABOR DISPELS RUMOR OF NON IMPLEMENTATION OF  NATIONAL MINIMUM WAGE IN ABIA.

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Morimiwu by Richy Baba | Download Music MP3

    Morimiwu by Richy Baba | Download Music MP3

    Annual Christmas party:  Ambassador Uzoma Emenike hosts Over 3,000 children, doles out cash and material gifts.

    Annual Christmas party: Ambassador Uzoma Emenike hosts Over 3,000 children, doles out cash and material gifts.

    Gov. Fayemi Reveals Tinubu’s Health Condition in London

    Gov. Fayemi Reveals Tinubu’s Health Condition in London

    Angel BBNaija

    BBNaija : Angel Reveals Why She Needs A Therapist

    Jenifa: How I Survived The Trauma Of First Failed Marriage

    Jenifa: How I Survived The Trauma Of First Failed Marriage

    Liquorose and Emmanuel

    BBNaija: Liquorose Reveals What She Will Do If Emmanuel Gets Evicted’ – Liquorose

  • Lifestyle
    20 Reasons Why Celebrity Marriages Often Crash – Bernice Umoh Reveals (No.4,9,10,11 Will Sh0ck you)

    20 Reasons Why Celebrity Marriages Often Crash – Bernice Umoh Reveals (No.4,9,10,11 Will Sh0ck you)

    BISHOP HONOURS VERY REVEREND FATHER (DR) COLLINS EZE GBUFOR.

    BISHOP HONOURS VERY REVEREND FATHER (DR) COLLINS EZE GBUFOR.

    WHY PEOPLE ARE DYING EARLY……PASTOR ADEBOYE

    WHY PEOPLE ARE DYING EARLY……PASTOR ADEBOYE

    HOW FATHER OF IMO FEMALE GENIUS FULFILLED DAUGHTER’S DREAM.

    HOW FATHER OF IMO FEMALE GENIUS FULFILLED DAUGHTER’S DREAM.

    Governor Ikpeazu pursues Late father’s dream.

    Governor Ikpeazu pursues Late father’s dream.

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
No Result
View All Result
Sun News Times
No Result
View All Result
Home NEWS

NNPC: What FG Is Doing To Hold Equity In Trust For Federation 

chuksadmin by chuksadmin
August 20, 2021
in NEWS
0
NNPC-Towers-Abuja

NNPC AND FEDERAL GOVERNMENT

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

 

The Minister of State for Petroleum Corporation, Chief Timipre Sylva, has disclosed what  Federal Government is doing to hold equity stake in trust for the federation in the proposed NNPC Ltd

Sylva made a statement disclosing this:

“Just like in the Nigeria Liquified Natural Gas (NLNG), the Federal Government will hold the equity in NNPC Ltd. in trust for the three tiers of government.

“You must agree that in this country there is a Federal Government of Nigeria and there is a federation. The Federal Government of Nigeria can always hold something in trust for the federation.

“I can assure you that we are already discussing and we are clarifying some of these issues. In this case, what the Federal Government is doing is to hold the equity in trust for the federation,” he said.

The minister also said the Federal Government was in talks with the governors, and that there was no need for any controversy on the issue.

On gender balance in the PIA Steering Committee, he said selections were made based on different offices involved.

He assured that effort would be made to incorporate more women, adding that the implementation working group would be more diverse and inclusive.“Let us not over flog this situation because when you say you are nominating, it is offices that are represented.

“I represent the Ministry of Petroleum Resources, and then the Permanent Secretary of the Ministry, there is no way because of gender equality I am going to look for somebody else to be here apart from the permanent secretary.

“When I say the Executive Secretary Petroleum Technology Development Fund (PTDF) is the secretariat, there is no way I can go and change the ES PTDF.

“If I say the GMD NNPC is to be a member, we cannot look for a South-South GMD or a South-East GMD,” he said.

He assured that the issues would be considered, and that they were some of the issues the PIA would correct; transparency and inclusiveness.

On the three per cent host community fund, he said those agitating on it were politicians as most respected Niger Delta leaders were yet to speak against it.

He expressed confidence that there would be no unrest in the region concerning the host community fund.

“Frankly I don’t know why there would be unrest in the Niger Delta. I know that there are a lot of politicians who have taken this as a political issue and they are politicising it but I have not heard the leaders of the Niger Delta that I respect kick against this.

“I see a lot of politicking around this issue but I have not really seen very senior Niger Delta people that we all respect that are apolitical speak about this.

“Let us wait and see what this money will do,” he said

He further assured that the government would have no role in the management of the fund as it would be determined by the operating companies and the communities.

Tags: federal governmentnnpc
Previous Post

What A’Ibom Information Commissioner Said About Gov Udom Emmanuel

Next Post

Buhari Threatens To Remove Military Chiefs – Insecurity

chuksadmin

chuksadmin

Next Post
Buhari threats

Buhari Threatens To Remove Military Chiefs - Insecurity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.6k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
I saw a serious uproar over your choice of successor – Prophet Ituen tells Udom Emmanuel

I saw a serious uproar over your choice of successor – Prophet Ituen tells Udom Emmanuel

December 31, 2021
Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

July 5, 2022
POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION  AS CRASS  EXHIBITION OF COWARDICE.

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION AS CRASS EXHIBITION OF COWARDICE.

August 8, 2022
EMENIKE REMAINS THE AUTHENTIC APC FLAG BEARER…..ONONOGBU, APC STATE CHAIRMAN.

EMENIKE REMAINS THE AUTHENTIC APC FLAG BEARER…..ONONOGBU, APC STATE CHAIRMAN.

May 31, 2022
APC RECONCILIATION; ABIA PARTY CHIEFTAIN PICK HOLES ON COMMITTEE’S ASSIGNMENTS, WARNS ON FAVORITISM AND COMPROMISE.

APC RECONCILIATION; ABIA PARTY CHIEFTAIN PICK HOLES ON COMMITTEE’S ASSIGNMENTS, WARNS ON FAVORITISM AND COMPROMISE.

1
PDP CHIEFTAIN, ELDER BROTHER TO AN HONORABLE MEMBER, DUMPS PARTY FOR APC, WITH 1,500 FOLLOWERS; SAYS, “IT IS MY CIVIL RIGHT”.

PDP CHIEFTAIN, ELDER BROTHER TO AN HONORABLE MEMBER, DUMPS PARTY FOR APC, WITH 1,500 FOLLOWERS; SAYS, “IT IS MY CIVIL RIGHT”.

1
Senators

10 Senators Yet To Sponsor A Bill Since 2019 | READ DETAILS

0
Abaribe Extolls the virtues of Abia investor; who  shunned trending Hotel Business to invest on Knowledge.

Abaribe Extolls the virtues of Abia investor; who shunned trending Hotel Business to invest on Knowledge.

0
POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION  AS CRASS  EXHIBITION OF COWARDICE.

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION AS CRASS EXHIBITION OF COWARDICE.

August 8, 2022
SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

August 5, 2022
Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

July 5, 2022
UNTOLD STORY OF SIR KENNETH MADUAKOLAM ADIGHIBE’S VICTORY AT APC PRIMARIES

UNTOLD STORY OF SIR KENNETH MADUAKOLAM ADIGHIBE’S VICTORY AT APC PRIMARIES

June 9, 2022

Recent News

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION  AS CRASS  EXHIBITION OF COWARDICE.

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION AS CRASS EXHIBITION OF COWARDICE.

August 8, 2022
SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

August 5, 2022
Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

Adamu Will Be Removed, Ayu Sacked – Prophet Ekong Ituen

July 5, 2022
UNTOLD STORY OF SIR KENNETH MADUAKOLAM ADIGHIBE’S VICTORY AT APC PRIMARIES

UNTOLD STORY OF SIR KENNETH MADUAKOLAM ADIGHIBE’S VICTORY AT APC PRIMARIES

June 9, 2022
Sun News Times

Follow Us

Browse by Category

  • CRIME
  • ECONOMY
  • ENTERTAINMENT
  • HEALTH
  • INTERVIEW
  • LIFESTYLE
  • METRO
  • NATIONAL NEWS
  • NEWS
  • SPORTS
  • Uncategorized
  • WORLD NEWS

Recent News

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION  AS CRASS  EXHIBITION OF COWARDICE.

POLITICAL MOVEMENT ACCUSES ORJI KALU OF ANTI-PARTY, DESCRIBES HIS ACTION AS CRASS EXHIBITION OF COWARDICE.

August 8, 2022
SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

SON, ABIA NSCDC, RESOLVES TO WAGE WAR AGAINST SUBSTANDARD PRODUCTS

August 5, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.