OIL WORKERS SUSPEND STRIKE AS NEW N100 NOTE GOES INTO CIRCULATION

OIL WORKERS SUSPEND STRIKE AS NEW N100 NOTE GOES INTO CIRCULATION

Sabinews Midday News Update for December 19, 2014MIDDAY NEWS

 

Nigeria’s Oil Workers Suspend Strike

After a protracted meeting with government officials which lasted for 13 hours, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and the Nigerian Union of Petroleum and Natural Gas workers (NUPENG) suspended their nationwide strike on Friday morning.

Their industrial action was in protest against several unresolved issues with the government, among which are unfair labour practices and non-passage of the Petroleum Industry Bill. Read more

Constitution amendment: NASS to receive states’ inputs today

The National Assembly will today receive the report of the review of the 1999 Constitution, which was earlier transmitted to state Houses of Assembly for votes and concurrence.

Spokesman of the House of Representatives, Zakari Mohammed, made the disclosure to journalists at a briefing on Thursday. Read more

FIFA clears Ukoh to play for Nigeria

The Federation of International Football Associations, FIFA, on Thursday, cleared former Swiss Under-20 international, Steven Ukoh, to represent Nigeria at the senior level.

A statement issued in Abuja by Ademola Olajire, Assistant Director, Communications, Nigeria Football Federation, NFF, said the decision was made by the FIFA Players’ Status Committee’s judge on December 4. Read more

Enyeama Blames Nigerians for Losing BBC Best Player Award

Super Eagles captain, Vincent Enyeama, has expressed displeasure over Nigerians failure to vote for him in the BBC Africa Player of the Year Award that he lost to Algerian Yacine Brahimi.

The Lille goalkeeper was short-listed for the award along with eventual winner, Algerian Yacine Brahimi, Gabonese Pierre-Emerick Aubameyang and Ivorien pair of Gervinho and Yaya Toure. Read more

Senate Concurs With House to Ratify Oil Block Lb16

The Liberian Senate yesterday concurred with the House of Representatives on the Bill to ratify the production sharing contract between the Republic of Liberia, the Liberty Petroleum Corporation of Liberia, the Pillar Oil Limited of Nigeria, and the New Millennium Oil & Gas, for Liberia’s offshore Oil Block LB16.

According to the Secretary of the Senate, J. Nanborlor F. Singbeh, who briefed the Legislative press yesterday, the awarding of the contract was recommended by Ernst & Young, an American company involved in the vetting of companies that participated in the bid round earlier this year. Read more

Pakistan to hang convicted militants

Prison authorities in Pakistan on Friday were preparing to hang convicted terrorists after the government lifted a six-year moratorium on executions, officials said.

The decision followed the massacre of 135 school children and 12 others by Taliban gunmen at an army-run school in the north-western city of Peshawar. Read more

New N100 note goes into circulation

The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Goodluck Jonathan, is going into circulation from Friday.

This was disclosed in a statement signed by Ibrahim Mu’azu, Head, Corporate Communications, on Friday in Abuja. Read more

Nigeria toughens currency trading curbs to halt naira fall

Nigeria’s Central Bank (CBN) on Friday announced new measures to curb currency speculation as part of an effort to defend the naira which has been hit hard by the collapse in global oil prices.

Customers who purchase foreign currency through the interbank market or an authorised trader must use the fund within 48-hours or they will be forced to sell it back to the central bank at a price to be fixed by the bank, a statement said. Read more

Boko Haram unrest: Nigeria government ‘outraged’ by kidnap

Nigeria’s government has said it is “outraged and deeply saddened” after militants attacked a remote village and reportedly kidnapped about 200 people.

The attack was carried out by suspected Boko Haram gunmen. Read more

 

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