How DPR withdrew $759 4m from signature bonus account tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
By Emmanuel Addeh
The Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, yesterday resolved to gradually ease its oil output cuts from May till July.
Sources said OPEC, which has been implementing deep cuts since oil prices collapsed in 2020 due to the COVID-19 pandemic, agreed to ease production cuts by 350,000 barrels per day in May, another 350,000bpd in June and a further 400, 000 to 450,000bpd in July.
Saudi Arabia is also expected to ease up on its own voluntary cuts of one million bpd, which it has been implementing in addition to reductions under the OPEC+ deal by 250,000bpd, 350,000bpd and 400,000bpd respectively.
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Umahi accuses herders of complicity in Ebonyi attack, says youths at tipping point David Umahi, governor of Ebonyi, says there are indications that herders are complicit in the recent attacks in the state.Advertisement About 15 people were killed during the attacks by gunmen.
Ebonyi attack: Osinbajo visits affected areas, says the dead will get justice Vice-President Yemi Osinbajo has assured the people of Ebonyi that the federal government will ensure that they get justice over the recent killings in Ishielu LGA of the state.Advertisement At.
Gani Adams describes Oyo CP as ‘slow and biased’ over handling of security issues
By Temitope Ponle
Abuja, Feb. 18, 2021 The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January.
Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communique issued at the end of virtual conference of FAAC on Thursday.
The committee in its communique explained that the amount shared by the Federal Government, States and Local Government Areas (LGAs) included cost of collection to different agencies involved.
It noted that N640.310 billion shared included cost of collection to Nigeria Customs Service (NCS) Department of Petroleum Resources (DPR) and the Federal Inland Revenue Service (FIRS).
FAAC Shares N640 3bn to FG, States, LGs for January thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.