The outstanding salary arrears to workers in Bayelsa State Civil Service stands at four and half months, while workers in the local government system are owed between 14 months and 16 months arrears.
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Alhaji Shu’aibu Ibrahim, the Chairman of the council, told the News Agency of Nigeria in Koko on Friday that crop worth millions of Naira were razed.
Kachikwu, who restated this at a news conference, said President Muhammadu Buhari’s stand on the issue was clear, hence, the ministry was working hard to resolve future occurrence of fuel shortages.
The News Agency of Nigeria reports that the market capitalisation, which opened at N13.763 trillion, rose by N88 billion or 0.64 per cent to close at N13.851 trillion.
An official of the Ebonyi State chapter of the congress made this known to the News Agency of Nigeria on Friday in Abakaliki.
It said an increase would not only be criminal but inhuman and completely unacceptable.
The rankings, which are in their seventh year, provide a run down of the most influential individuals, organisations, geopolitical events and trends in the tax world.
The News Agency of Nigeria reports that Seplat led the gainers’ table, increasing by N23.78 to close at N650 per share
Idang Alibi, the Director of Press in the ministry, in a statement on Thursday night clarified the minister’s submission made to the joint committee of the National Assembly on Petroleum Downstream
Kachikwu said the price was fixed in the first quarter of 2016 when crude oil was selling for $49 and pointed out that with crude price rising to $67 a barrel, the pump price may no longer be sustainable.
Speaking at an investigative public hearing by a Joint Senate and House of Representatives Committees on Petroleum Downstream at the National Assembly Complex, Abuja, Baru disclosed that during the period, NNPC could not track the movement of 4,501 trucks, representing the quantity of the disappeared products.
Kachikwu however said the government has put various measures in place to address the issue of scarcity within the 18 months.
He said it was part of his administration’s mandate to revive the rail sector, stating that the Abuja-Kaduna rail line was a major achievement because it has met the needs of the masses.
Six days of anti-government protests in OPEC’s third-largest producer added a geopolitical risk premium to oil prices, although Iran’s production and exports had not been affected.
The rebound in fees to above pre-crisis highs will be welcome news for global advisors who complain they are being squeezed by regulatory requirements amid competition from boutique players.
Kachikwu made the call on Thursday in Abuja during a public hearing organised by the National Assembly Joint Committee investigating the cause of recent fuel scarcity in the country.
He said the depreciation in naira value had led to the increase in revenue collected in 2017 compared to what was collected in 2014.
Inaugurating the facilities in Kaduna, Buhari said the customs and the port officials must make the facilities work and not to frustrate business, commercial and industrial enterprises with unnecessary bureaucracy.
Kachikwu said this on Thursday in Abuja during a one-day public hearing of the National Assembly Joint Committees on Petroleum (Downstream) investigating the causes of recent fuel scarcity recorded across the country in December 2017.
This followed the presence of three officials of the Independent Petroleum Marketing Association of Nigeria, laying claim to the presidency of the Association at the Senate public hearing