MALIAN ARMY WITHDRAWS FROM KEY TESSALIT MILITARY CAMP. (PHOTO).

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 Malian army withdraws from key Tessalit military camp: sources Mali’s army and its Russian mercenary allies have surrendered Camp Tessalit, a strategic military post in the north, multiple sources told the AFP news agency on Friday. An official from the Tuareg-led separatist group claimed soldiers and mercenaries at the camp had "surrendered", following a fierce fight over the weekend. Simultaneous attacks in Mali by militants linked to Al Qaeda and separatist Tuareg rebels on April 25 showed how fighters ​from different groups with different goals were able to strike at the heart of the West African country's military government. Gunfire and explosions were reported in the capital Bamako and around a large military base outside the capital, as well as Gao and central areas, as gunfire continuing in the northern city of Kidal. Defence minister Sadio Camara was killed at his residence in Kati, a garrison town near the capital, Bamako, following the fierce weekend fighting...

REPS COMMITTEE VOWS TO RECOVER $20B REVENUE FROM OIL SECTOR.(PHOTO).



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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