Aso Villa Reads for 19/06/18
Every day, we bring you the best stories the media is reporting about the Government of Nigeria.
This Day reports that “the Minister of State for Petroleum, Dr. Ibe Kachikwu, has directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence the tendering process for the execution of the $10 billion Bonga South West/Aparo (BSWA) deep-water project Tuesday,” THISDAY revealed. “This is coming as Nigeria’s Bonny light crude oil blend maintained an average spot price of $54.55 per barrels in 2017 to become the second most valued crude oil blend in the oil price reference basket of the Organization of Petroleum Exporting Countries (OPEC), according to the cartel’s 2018 Annual Statistical Bulletin (ASB). Kachikwu’s directive followed the April 17, 2018 meeting between President Muhammadu Buhari and a delegation from Royal Dutch Shell Plc., led by the Chief Executive Officer, Bern Van Beurden, in London, where a decision was reached that the oil giant and the NNPC would begin the implementation of projects that have been on the drawing board for several years.”
“The Federal Government had said it would shut down land border between Nigeria and a neighboring country in a few days to avoid smuggling of foreign rice into the country. Minister of Agriculture and Rural Development, Chief Audu Ogbeh, disclosed this, yesterday, while speaking with youths in a leadership clinic under the auspices of Guardians of the Nation International, GOTNI. Ogbeh, who did not mention the particular country and border, said shutting the borders had become necessary to encourage local production and sustain the economy of the country. The minister said a neighboring country was bent on destroying the economy of the country and discouraging local production of rice, hence the need to shut down the border.” This is according to Vanguard.
“Minister of Information and Culture, Alhaji Lai Mohammed says Nigeria will transform to major driver of global growth with its pool of vibrant, energetic youths and government’s repositioning policies.” Guardian reports that “the minister said this in a keynote address he delivered at the 2018 ‘Africa Together Conference’ at the University of Cambridge in the UK on Saturday. A text of the minister’s address was made available to newsmen on Sunday in Abuja by his Special Adviser, Mr Segun Adeyemi. The minister was speaking on the global projection of Africa’s population which is said to double by 2050. According to him, the anticipated development will not be a threat to the continent and the member states if proper things are done. Mohammed specifically said that the administration of President Muhammadu Buhari was implementing the right policies to maximise the projection for national development.”
“The Nigerian Government has demonstrated commitment to introduce nuclear power into its energy mix to boost electricity generation in the country. Mr Dmitry Shornikov, an expert and Chief Executive Officer, Russian State Nuclear Energy Corporation (ROSATOM), said this in an interview text emailed to the News Agency of Nigeria (NAN) in Abuja on Tuesday”. Daily Trust that Shornikov revealed that “Nigeria is most certainly following all the correct steps required to be ready for nuclear power production.” The paper quoted him: “The Nigerian Government has shown firm commitment to introduce nuclear power into its energy mix. As part of the government’s programme to deploy nuclear power plants for electricity generation in the country, the Nigeria Atomic Energy Commission was activated in April 2006. One of the International Atomic Energy Agency (IAEA) guidelines for newcomer countries envisages assistance to adapt national energy grids for special requirements of reliability and safety. In the summer of 2015, the IAEA conducted two missions to Nigeria in support of its nuclear programme. These missions found that Nigeria’s emergency preparedness and response framework was consistent with IAEA safety standards, and that the country needed to further refine its policies and strengthen capacities on the management on nuclear initiatives.”
“President Muhammadu Buhari will on Wednesday, June 20 sign the 2018 appropriation bill into law.” According to Radio Nigeria, “the weekly Federal Executive Council, FEC, meeting for this Wednesday might also not hold due to the budget signing and Public holidays of Friday and Monday. The Special Adviser to the President on Media and Publicity, Femi Adesina, at the end of FEC meeting last week informed journalists that President Buhari will sign the 2018 budget this week. The Presidency had received the appropriation bill from the National Assembly on May 25 after it was signed by the lawmakers. President Buhari presented a budget proposal of N8.612 trillion to the lawmakers earlier in 2017 but it took six months for the lawmakers to approve accusing Ministries, Departments, and Agencies of hindering the passage by failing to submit the breakdowns of their budget proposals.”