JOE BIDEN'S SON, HUNTER SAYS HE’S ‘48 PERCENT GAY’.(PHOTO).

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 Former U.S. President Joe Biden's son, Hunter says he’s ‘48 percent gay’ Hunter Biden, the 56-year-old son of former U.S. President Joe Biden, made lighthearted comments regarding his personal life and sexuality during an appearance on The Luke Beasley Show podcast. In the interview, host Luke Beasley questioned Biden about his orientation. Biden responded in a humorous vein, offering precise, lighthearted estimates of his sexuality. "Only a little bit," Biden remarked during the exchange, before jokingly quantifying the figure at "48.6 percent." During the 90-minute episode, Beasley presented Biden with an AI-generated image depicting the two in a physical embrace, prompting Biden to joke about his past years of substance abuse prior to his recovery in 2019. "I was in a stupor at that point. I think that was pre-2019 when I got sober," Biden quipped. Toward the end of the session, Biden maintained the humorous tone, periodically adjusting his fiction...
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FG STOPS NNPC DEDUCTIONS; ORDERS DIRECT OIL PAYMENTS TO FEDERATION ACCOUNT. (PHOTO).

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FG Stops NNPC Deductions; Orders Direct Oil Payments To Federation Account

The Federal Government has taken steps to tighten control over the country's petroleum revenues, following the inaugural meeting of the Implementation Committee for Executive Order 9, signed by President Bola Ahmed Tinubu.

Key decisions reached include stopping NNPC Limited from collecting the 30% management fee and 30% frontier exploration fund deductions from profit oil and gas under Production Sharing Contracts with immediate effect. Gas flare penalties remittances into the Midstream and Downstream Gas Infrastructure Fund have also been suspended.

Contractors will now make direct payments of profit oil, royalty oil, and tax oil into the Federation Account, but with a transition period to respect existing contracts and maintain investor confidence, while a Technical Subcommittee has been set up to develop guidelines for the transition and review the Petroleum Industry Act to address revenue weaknesses.

The Implementation Committee, chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, assured stakeholders of continued coordination and regular updates while commending their cooperation in ensuring that Nigeria’s petroleum resources yield greater benefits for citizens nationwide.

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