ALL THE RELEVANT NEWS:Thursday

ALL THE RELEVANT NEWS:Thursday

🌍 At a meeting with stakeholders of the oil and gas industry over the Petroleum Industry Bill (PIB), Vice President Yemi Osinbajo stressed the need to agree on cheaper means of producing oil while also ensuring a more competitive environment that meets the needs and purposes of the Nigerian nation.

 

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🌍 For ‘inciting’ US Capitol riot Trump has been impeached for the second time; But his trial in the Senate will not happen until after Joe Biden is inaugurated as the new US president next week.

 

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🌍 FG has disbursed N123.34 billion performance-based grant to eligible states under the World Bank supported states fiscal transparency, accountability and sustainability (SFTAS) programme for results.

 

🌍 Oil prices eased for a second day on Thursday as mounting coronavirus cases globally raised demand concerns, but a drawdown in U.S. crude stocks for a fifth straight week and robust data from China capped losses. Brent crude oil futures fell 18 cents, or 0.3%, to $55.88 a barrel by 0425 GMT

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* GMD Kyari says NNPC is currently diversifying its portfolio beyond oil assets due to the impact of global energy transition; and Nigeria remains committed to OPEC+ quota agreement.

 

🌍 COVID-19 Update: For the tenth consecutive day Nigeria’s daily count of infections exceeded 1000 on Wednesday with 1,398 new cases. There were 81 recoveries and nine deaths. A total of 103,999 cases have so far been confirmed across the country, with 82,555 recoveries and 1,382 deaths.

* 20 Kwara doctors test positive: billionaire businessman and legal icon, Chief Bolu Akin-Olugbade dies of the virus.

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* United Kingdom on Wednesday recorded 1,564 deaths, the highest ever daily toll.

* A provisional 270 million doses of Covid-19 vaccines have been secured by the African Union (AU) for distribution across the continent.

* A WHO team has arrived in the Chinese city of Wuhan to start its investigation into the origins of the Covid-19 pandemic.

 

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🌍 CBN yesterday introduced a framework for Quick Response (QR) code payments, directing all issuers, acquirers, switches, processors and other participants in the country to ensure full interoperability of the schemes.

 

🌍 IGP Adamu has announced the posting of new commissioners of police for Sokoto, Oyo, Enugu, Cross Rivers, Ebonyi, Adamawa, Imo, Kebbi and Delta states.

 

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🌍 NECO, has released the 2020 Senior School Cert Exam results.

 

🌍 The Presidency has faulted the reported ultimatum by the “Muslim Solidarity Forum,” for Bishop of Sokoto Diocese, Rev Hassan Kukah to tender an unreserved apology to the entire Muslim Ummah over his recent comments or leave the state.

 

🌍 Minister of Mines and Steel Development, Olamilekan Adegbite has said the FG is set to build a gems market in Ibadan, Oyo State.

 

🌍 Some retired soldiers on Wednesday embarked on a peaceful protest in Abuja over the non-payment of their pension arrears, a stop on all deductions on the pensions of all retired medical officer, among others.

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