AGAIN, GOV DIRI TASKS TRADITIONAL RULERS TO MAINTAIN PEACE, SECURITY AT KING AWALA'S CORONATION . (PHOTOS). #PRESS RELEASE

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 Again, Gov Diri Tasks Traditional Rulers To Maintain Peace, Security At King Awala's Coronation  Bayelsa State Governor, Senator Douye Diri, has again urged traditional rulers to remain focused on the maintenance of peace, security and stability in their various domains as part of their contribution towards the development of the state. Governor Diri made the call at the weekend during the coronation ceremony ofHis Royal Majesty King Victor Awala, Ebeni-Ibe the Eighth (VIII) of Atissa Kingdom in the Yenagoa Local Government Area of Bayelsa State, at the Bishop Dimieari Grammar School, Yenagoa, the state capital. Represented by his deputy, Dr Peter Akpe, the Bayelsa Chief Executive acknowledged the critical role traditional rulers play in society as the custodians of culture and tradition, stressing that his administration will continue to hold them in high esteem. Expressing gratitude to the Chiefs and people of Epie-Atissa for their peaceful disposition, Governor Diri, noted...
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REPS COMMITTEE VOWS TO RECOVER $20B REVENUE FROM OIL SECTOR.(PHOTO).

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Reps Committee Vows To Recover $20B Revenue From Oil Sector 


House of Representatives committee on Petroleum Resources downstream has pledged to assist the Federal Government to recover over twenty Billion US dollars revenue from the sector. 


The committee also said it will review the implementation of Petroleum Industry Act (PIA) to remove bottlenecks and allay fears of stakeholders in the petroleum sector.


The chairman of the committee Mr Ikeagwuonu Ugochinyere, who made the remark during the Innaugural meeting of the committee, said they 

will legislate for energy security, professionalism in the petroleum sector, economic transformation, accountability, institutional reforms and revenue recovery and generation. 


According to him, the House has received in plenary the NEITI report that have far reaching recommendations both in the downstream, upstream and midstream sector, especially the issue of over $8.5 billion unremitted royalties and other oil revenues and the discrepancies that have to do with the quantity of PMS imported by the NNPCL. 


"The implementation of the PIA which has become a major concern to key stakeholders would be reviewed by this committee. What was done before the PIA. What they are doing after the PIA. 


"The assets that used to be national assets before the coming into effect of the PIA. Where are they? Who is with them? All these the committee would look into to ensure that the intention of the PIA is achieved.


Mr Ugochinyere said the committee is aware of the pains Nigerians are going through as the result of removal of oil subsidy, hence the committee will also undertake a comprehensive audit of the Subsidy regime which he said was done away with because it was corrupted.

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