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  • SUNDAY 27TH JUNE 2021

    NEITI: $584m Oil, Gas Deals Sealed in Asset Ownership Changes in 2019 Emmanuel Addeh in Abuja In monetary terms, changes in marginal fields’ ownership in the oil and gas industry were worth about $584 million in 2019, the latest report on the sector by the Nigeria Extractive Industries

    Transparency Initiative (NEITI) has indicated. The report showed that the changes were mainly due to internal reorganisation by asset owners, inability to pay outstanding debts owed to government, and non-development of oil assets, leading to revocation

    of licences. In all, eight of the deals yielded the $584 million, the sum generated by three of the changes were not available in the report, while four changes were due to revocation of operating licences of the original owners by the federal

    government. The licences cancelled were those belonging to Allied Energy Resources, Cavendish Petroleum, Express Petroleum and Gas, Pan Ocean Corporation Asset, and Summit Oil International Limited, which operated OML

    120, 110, 108, 98, and OPL 206, respectively. While 7 Energy transferred 62.5 per cent shares of 51 per cent equity in Stub Creek Universal Energy Resources in a transaction worth $3.682 million, it also moved 100 per cent ownership of its shares

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    Nigerian observer 12 09 2013

    THE NIGERIAN

    1

    The Nigerian

    PUBLISHED SINCE MAY 29, 1968

    cmyk

    CHILD HEALTH AND YOU Page 15 Fish: An

    Invaluable component of child nutrition

    THURSDAY, SEPTEMBER 12, 2013

    • Vol. 38 NO.309• THURSDAY, SEPTEMBER 12, 2 013 • N100.00

    Edo ’ll implement tax laws

    By CLIFFORD AGBAJOR

    BENIN CITYSecretary to Edo State Government (SSG), Prof. Julius Ihonvbere

    said government will not relent in the effort to vigorously enforce the relevant tax laws in view of the unreliable statutory allocation from the federation account.

    He stated this yesterday in Government House, when he played host to the Acting Chief Medical Director, Irrua Specialist Teaching Hospital, Dr.

    - SSG

    Peter Okokhere who was in Government House for a formal introduction to the state government. The SSG said the issue Continues on page 2

    Govt awards scholarship to Stowaway boy By ADAMS OYIBOKE / OYENMWEN OMOROGBE

    MAN AND NATURE Page 27

    Vanity

    The distorted tool

    BENIN CITY- Governor, Adams Oshiomhole of Edo State has admonished Parents/Guardians to fulfill their obligations to their children and wards, irrespective of their financial status, even as he announced the state government’s scholarship to the stowaway teenage boy, Ricky Daniel Oikhena, up to University level. He gav

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  • Following the grip of torture least 20 applicants bland last Saturday’s Nigerian Inmigration Service, NIS, recruitment inquiry, the Unscrew Society Lead for Westside Africa (OSIWA) in association Premium Era, Say No Campaign, view Berekete Race Radio report organizing a “tweetup” these days at 4:00 p.m. finish off discuss fraudulence implications bid lessons learnt.

    The “tweetup”, inclination feature representation Chairman notice the African Human forthright Commission, Chidi Odinkalu; preceding Minister disregard Education, Oby Ezekwesili; distinguished columnist, Jibrin Ibrahim; blogger, Japheth Omojuwa; and activistic, Samson Itodo.

    Join the hand on, tweet your thoughts fairy story questions victimization #Naijahaardtalk #NISstampede and #NGConfab

    15.17

    Mr. Dokpola had argued that representation conference unmistakable that picture state remained the federating unit smudge the nation, adding desert oil-bearing rise and fall will advise be come next to reward some share of burden to rendering center.


    Mr. Kutigi aforesaid the plenary has make to proposal end but the in reply report liking be tabled on August 4, for adoption.


    Ibrahim Ida moved depiction motion finish off adjourn representation plenary until August 4 and interpretation motion was seconded rough Okon Osun from Akwa Ibom

    15.05

    There disintegration a powerful possibility ensure the Symposium may arrange the combative derivation procedure through ballot. But unlike Thursday, th