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Reps Set To Probe Illegal 48 Million Barrels Oil Sales

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The House of Representatives has resolved to constitute an ad hoc committee to investigate a whistle-blower’s allegation of illegal sale of 48 million barrels of Nigeria’s Bonny Light crude in China in 2015 and the insurance status of the cargo.

The committee is also to investigate all crude oil exports and sales by Nigeria from 2014 to date, with regards to quantity, insurance, revenue generated, remittances into the Federation Account or other accounts as well as utilisation of the revenue for the period under review.

In addition, the panel will investigate all proceeds recovered through the Whistle-Blowers Policy of the regime led by the President, Major General Muhammadu Buhari (retd.), and the level of compliance by the policy.

The committee is to report back within four weeks for further legislative action. New Govt Houses -Lagos Slum Dwellers

These resolutions followed the unanimous adoption of a motion moved by a member of the House, Ibrahim Isiaka, titled ‘Alleged Loss of over $2.4 Billion in Revenue from Illegal Sale of 48

million Barrels of Crude Oil Export in 2015, Including Crude Oil Exports from 2014 till Date.’

Isiaka said, “The House is aware of the allegations by a whistle-blower in July 2020 that he (the whistle-blower) had in July 2015, and in response to the current administration’s whistle-blower policy, brought to the attention of a committee purportedly set up by the President for the recovery of missing crude oil exports, the existence of 48 million barrels of Nigeria’s Bonny Light crude oil in storage at several ports in China, ostensibly under the authorisation of the Nigerian National Petroleum Corporation, and the intention of parties in China and the NNPC to sell this cargo.

“The House is also aware that the whistle-blower claimed that the committee, which comprised very high-ranking officials of the administration and NNPC, some of whom he held meetings with, carried out an investigation and confirmed the existence of this cargo, but he discovered in October 2015 that the sale of this cargo had been initiated through unofficial channels…and the eventual refusal of the committee to honour their agreement to pay 5 percent value of the cargo in line with the terms of the whistle-blower policy.

“The House is worried by the allegations that the entire cargo of 48 million barrels of Bonny Light crude was sold without the proceeds being remitted to the coffers of the country, which translated to a loss, to the Nigerian State, of over $2.4bn considering the 2015 global average crude oil price of $52 per barrel.

“The House is concerned that more than two years after these allegations came to the fore and the uncertainty surrounding the required insurance of these crude exports, it becomes imperative that the House ascertains the actual details of all previous crude exports from Nigeria from 2014 till date, with regards to quantity, sale, insurance, revenue generated, payment into the Federation Account and how these proceeds were utilised.”

Meanwhile, another member of the House, Mark Gbilah, whose name was listed as co-sponsor of the motion, raised a point of order to disown it.

 

 

 

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Minimum wage: Pay below N70,000 Go To Jail, FG Tells Private Employers

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The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated.

According to the FG, the new minimum wage is necessary to address the current economic reality, emphasising that no Nigerian worker, whether in government or private employment, should be paid less than the minimum wage.

The Permanent Secretary, Ministry of Labour and Employment, Kachollom Daju, stated this on Wednesday while speaking at the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria, held in Ikeja, Lagos.

Daju, who was represented by the Director of Employment and Wages of the ministry, John Nyamali, said, “The minimum wage is now a law, and as a result, it is a punishable crime for any employer to pay less than N70,000 to any of its workers.

“The private employment agencies should make it compulsory in any contract they take from their principal that their workers should not earn less than the minimum wage. The least paid worker in Nigeria should earn N70,000, and I think that should be after all deductions.

“The minimum wage is a law, and you can be jailed if you fail to implement it. The Federal Government is committed to ensuring that the least paid worker goes home with N70,000.”

In his remarks, the President of the Employers Association for Private Employment Agencies of Nigeria, Dr. Olufemi Ogunlowo, asked the government and Nigeria Labour Congress to clarify whether the N70,000 minimum wage is net or gross, stating that all ambiguities in the Act should be highlighted and explained.

According to Okoye, the EAPEAN is already committed to the minimum wage, as well as providing decent jobs for Nigerians and guarding against the exploitation of human resources.

“As a labour union in the private sector, we are committed to the implementation of the minimum wage. We are a law-abiding and guided association. Our principals and clients have also keyed into the minimum wage.

“However, the government must clarify whether the N70,000 minimum wage is net or gross. The government and NLC should address all ambiguities in the minimum wage,” he stated.

Speaking at the programme, the Chairperson of the NLC, Lagos State chapter, Funmilayo Sessi, said the prevailing hardship had made a mess of whatever income any worker was earning in Nigeria, calling on private employers to ensure the payment of the N70,000 minimum wage.

She said: “The N70,000 isn’t enough in the current economic realities. By the time the consequential adjustment is concluded, all private employment agencies should immediately start paying their workers the N70,000 minimum wage.

“The NLC in Lagos State will see to the strict enforcement of the minimum wage. EAPEAN should avoid confrontation with the NLC on the minimum wage.”

(The Punch)

 

 

 

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FG Alerts States On Release Of Water From Cameroon Dam

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The Federal Government through the Nigeria Hydrological Services Agency, NIHSA, has urged states along the Benue River to increase their vigilance.

The call is coming following the ongoing plan by the management of the Lagdo Dam in Cameroon to open the dam for water to gush out.

In a statement made available to journalists on Tuesday by the NIHSA, signed by the Director General and the Chief Executive Officer, Umar Ibrahim Mohamed, he said the states likely to be affected by the flow of water from the dam are: Adamawa, Taraba, Benue, Nasarawa, Kogi, Edo, Delta, Anambra, Bayelsa, Cross River, and Rivers.

The agency also called on governments at all levels to implement adequate preparedness measures to mitigate potential flooding that may result from rising river levels during this period.

The release of water, the statement said, will begin at a rate of 100 cubic meters per second (8.64 million cubic meters per day) and is expected to gradually increase to 1,000 cubic meters per second over the next seven days, depending on inflows from the upstream Garoua River, the primary feeder of the reservoir and a significant contributor to the Benue River.

“The Cameroonian dam authorities assured NIHSA that the water releases will be regulated to avoid exceeding the capacity of the Benue River and triggering major flooding downstream in Nigeria.

“The controlled water releases will cease once there is a noticeable decrease in inflow into the Lagdo reservoir,” the statement read.

NIHSA emphasized that there was no immediate cause for concern, as significant flooding downstream in Nigeria was not anticipated, adding that current water levels along the Benue River remained within safe limits.

The agency also assured the public that it would continue to closely monitor water levels along the Benue and other national inland rivers, providing regular updates to prevent any flood-related disasters.

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Senate Frown At False Claims Against Bamidele, Mulls Stiffer Sanctions  

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The Senate said it has noticed with grave concerns diverse vicious attempts to pitch the public against its leadership and that National Assembly at large. The latest of such attempts was a petition supposedly addressed to Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu (SAN) against the Leader of the Senate, Senator Michael Opeyemi Bamidele, CON.

The petition, signed by Convener, Public Procurement Transparency Group, David Udoh, accused Senator Bamidele of intimidating and pressurising Chief Executive Officer, Rural Electrification Agency (REA), Mr. Abba Abubakar Aliyu to award contracts to some companies linked to him contrary to the Public Procurement Act, 2007. This allegation is not only baseless, but also without any evidence in support of its claims

Already, REA has issued a statement, disputing all these vicious claims. Specifically, its management noted that it was never under any pressure “to compromise the integrity of its procurement process. Rather, it always upholds transparency, fairness, and due process in all its activities, including procurement.”

We have endured enough all sorts of cheap blackmail by faceless groups and individuals using some bloggers and social media to feed the unsuspecting public with falsehoods and fallacies capable of causing further damage not just to the image of the National Assembly, but also to the public perception of the Federal Republic of Nigeria, especially among comity of nations.

Our preliminary background checks reveal that the Public Procurement Transparency Group has no record with the Corporate Affairs Commission; its Convener, David Udoh, faceless and his phone contact is practically inactive and non-functional. Further checks showed that this faceless group never submitted any petition to ICPC. Nevertheless, its sole aim was to use the social media to blackmail Senator Bamidele

Nigeria is a federation of 36 states and Federal Capital Territory governed by the Constitution, Acts of National Assembly and judicial precedents. Henceforth, we shall no more treat cases of cheap blackmail against the Senate, its leadership and the National Assembly lightly. But we shall treat such infractions within the confine of extant laws and whoever found guilty in the process shall face the full wrath of the laws.

 

 

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