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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ODIRS REMITS 12 MILLION NAIRA RADIO AND TV. LICENSING FEES TO ALL 18 LOCAL GOVERNMENTS IN ONDO STATE.{PHOTOS}.#PRESS RELEASE.

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     Consequent upon our mandate to assist Local governments in collecting their revenues and disbursing accordingly , Ondo State Internal Revenue Service remitted the sum of Twelve Million Naira to all the eighteen (18) local governments in Ondo State, being for *Radio and Television Licensing fee* .
The cheque was presented by the Executive Chairman ODIRS Mr. Tolu Adegbie to Mr. Segun Odunsanya, Permanent Secretary, Ministry of Local Government and Chieftaincy Affairs today the 23rd day of June 2020.
Presenting the cheque to the Permanent Secretary, the Chairman Mr. Tolu Adegbie said the amount is relatively lower as a result of paucity of funds being the Covid-19 pandemic effect on general economy.
In response Mr. Segun Odunsanya who received on behalf of all the 18 local governments appreciated the Chairman and stated that he prays this global pandemic vanishes in no time so as to enable ODIRS delve deeper into other aspects of revenue generation for the local governments and the state in general.
He appreciated the Chairman for continually striving to improve internally generated revenue despite all the challenges.One more photo below.

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