PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).

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 President Trump awarded inaugural FIFA Peace Prize at World Cup draw in Washington  Gianni Infantino, the FIFA President presented the honour onstage at the Kennedy Center for the Performing Arts on Friday, saying Trump had been selected “in recognition of his exceptional and extraordinary actions to promote peace and unity around the world”. “This is your prize, this is your peace prize,” Infantino said, after Trump took the stage to accept the trophy, a medal and certificate. “There is also a beautiful medal for you that you can wear everywhere you want to go.”   FIFA says the prize is for “individuals who help unite people in peace through unwavering commitment and special actions”.  Accepting the award, Trump called it “one of the great honours of my life”, before claiming to have “saved millions and millions of lives – the Congo is an example, over 10 million people killed and it was heading for another 10 million very quickly. India and Pakistan, so many diffe...
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NNPC SHOULD BE AUDITED, PRESIDENT SHOULDN'T BE PETROLEUM MINISTER- SANUSI. (PHOTO).

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NNPC should be audited, President shouldn’t be petroleum minister – Sanusi

Former emir of Kano, Muhammadu Sanusi II,
has called for the audit of the Nigerian National Petroleum Company Limited.

Sanusi made this known while speaking at the Bank Directors’ Association of Nigeria conference, in Abuja.

He said the country needs to beam the searchlight on NNPC in the areas of revenue generation and oil production.

Sanusi said, “The finance minister can not tell you because he doesn’t have a metering system that reports to him.

“The finance minister can not tell you that today, this is how many barrels of oil that we produce and export here. He can only rely on NNPC telling him. Those barrels are revenue; they belong to finance. We have been talking about this for 10 years. We need a metering system.

“The finance ministry needs to know how much oil we are producing everyday, selling, and where the money is going.”

Sanusi said if the leakages are not fixed in the system — the dollar revenue issue — the exchange rate problem will not be fixed.

“Oil is not going to grow our GDP, I have always said that. If you took out all the oil in Nigeria today and sold it, it would raise our per capital income to maybe $4,000,” he said.

He added that oil will ‘never enrich’ the country, describing it as a working capital for an import-dependent economy.

He said the country can not afford to continue producing oil and not receive revenue in return.

“We are no longer paying subsidy, so where are the dollars? Before it was under recovery, now we do not have underestimate. Where is the money?” he asked.

Sanusi further said petroleum exploration licences given to unworthy players should be revoked for maximum revenue.

He also said the country would earn more revenue by moving to alternative energy.

Sanusi also said Nigeria should have a petroleum minister and the president of the country should not occupy the office.

He said, “Let me advise that the idea of the president being petroleum minister. The last president was minister of petroleum for eight years.

“When I was governor of CBN, we had a petroleum minister. So, when we talk about NNPC, I could attack Diezani, now nobody can talk about petroleum because in 8 years if you talk, you are attacking the president.”

He said a minister who is to be held accountable should be in the office.

 

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