NEW ROUND OF OIL BLOCS BID FOR INVESTORS NOT POLITICIANS- MINISTER. (PHOTO).

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 New Round Of Oil Blocs Bid For Investors Not Politicians — Minister The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has said that the 17 oil blocs put forward for sale under the 2024 licensing bid round are not for politicians, but investors with financial capacity and technical competence. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, revealed this during a conference organised by the Petroleum Technology Association of Nigeria (PETAN), at the ongoing 2024 Offshore Technology Conference (OTC), in Houston, Texas U.S. According to him, the move forms part of the effort to drive investment and boost the nation’s economic fortunes. With the theme “Sustainable Energy Solutions for Africa’s Future (Nigerian Perspective), the Minister explained that in the past, the award of oil blocs culminated in the non-development of over 90 per cent of marginal fields. This, he said, denied the government of reaping the intended benefits becau
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THE NIGERIAN FEDERAL GOVERNMENT,BANS ALL ILLEGAL CAR STICKERS.

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                            The Nigerian Federal Government,is becoming worried about the sale of illegal sales o stickers on the federal and state high ways,especially those claiming to be working for Association of Local Governments of Nigeria,ALGON,aided by the police used clubs and other weapons to attack motorists.The Joint Tax Board {JTB} sent a statement,through it secretary M.L Abubakar saying ''Over time,it has come to the notice of the JTB that certain persons are in the practice of producing various types of emblems and stickers and selling same to commercial motor vehicle owners,heavy  duty trucks and vehicles owned by companies under the guise of collecting tolls and levies for the government.These persons engaged in incessant harassments and molestation of road users to collect these illegal levies.Their activities constitute not only a nuisance,but also an embarassment to the general public and particularly,the tax authorities at the three tiers of government under whose guise they claim to collect these levies.With the introduction of our new emblem,any form of harassment or intimidation by any person or group of persons with respect to payments for emblem or any stickers other than the approved one should be reported to the nearest police station,tax office or any other law enforcement agency''.

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