HomeNEWSWatch SignatureTV News Update: President Buhari Appoints NNPC Board Members, Approves Incorporation Of Agency

Watch SignatureTV News Update: President Buhari Appoints NNPC Board Members, Approves Incorporation Of Agency

President Buhari Appoints NNPC Board Members, Approves Incorporation Of Agency.
President Muhammadu Buhari has approved the appointment of the Board and Management of the Nigerian National Petroleum Company Limited with Senator Ifeanyi Ararume as Chairman.
The Special Adviser to the President on Media and Publicity, Femi Adesina, who made the statement on Sunday, said that the President directed that Nigerian National Petroleum Company Limited be incorporated.
He also appointed the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, as the Chief Executive Officer, and directed him to take mandatory steps to ensure that the incorporation of the oil company is consistent with the provisions of the PIA 2021.

 

Ngige Urges Striking Doctors To Return To Work While They Continue Negotiations.
The Minister of Labour and Employment, Dr Chris Ngige has appealed to the striking resident doctors to halt their industrial action and return to work as the Federal Government continues to negotiate with the union to end the dispute.
The Minister also reacted to the court case filed by the Federal Government against the striking doctors, stating that it is the Federal Ministry of Health and the office of the Attorney General of the Federation that can withdraw the case from court.
Despite the National Industrial Court’s ruling ordering the striking doctors to return to work, the Minister asked the Health Ministry and Attorney General’s office as well as the Nigerian Medical Association (NMA) and NARD to approach the Labour Ministry to place their demands.

INEC local government office in Enugu set ablaze
The Independent National Electoral Commission (INEC) has reported that its local government area office in Enugu state has been set ablaze, leaving election materials destroyed
The attack was carried out on Sunday morning at Awgu Local Government Area office in Enugu State.
The commission disclosed this in a statement issued by its National Commissioner and Chairman, Information and Voter Education Committee, Festus Okoye, on Sunday, in Abuja.
Okoye said the identity or motives of attackers were unknown, while the incident had been reported to the Nigeria Police Force for investigation.

 

Naira depreciates further, as foreign reserves gain $600m in one week
Nigeria’s local currency, Naira, faced severe pressures last week, forcing it to record a depreciation against the US Dollar in both the parallel market and Investors and Exporters (I&E) window.
This came at the backdrop of the Six Hundred Million Dollars accretion to the nation’s foreign reserves during the week.
In the parallel market the exchange rate rose to Five Hundred and Seventy Naira per dollar on Friday from Five Hundred and Forty Naira per dollar the previous week, losing Thirty Naira, the highest in recent years.
In the I&E window, the Naira depreciated by Eighty-Eight kobo as the indicative exchange rate dropped to Four Hundred and Twelve point Eight Eight per dollar on Friday from Four Hundred and Twelve per dollar the previous week
However, data on the Central Bank of Nigeria (CBN) website showed that the nation’s foreign reserves gained Six Hundred million dollars as the gross amount rose to Thirty Five point Four billion dollars on Friday from Thirty Four point Eight billion dollars the previous week.

NPFL: Kano Pillars splurge on 11 new signings
Nigeria Professional Football League (NPFL) side, Kano Pillars has signed 11 new players ahead of the 2021/2022 league season, according to a statement by the club’s Media Officer, issued on Sunday, in Kano.
Idris Malikawa said that the management of the club, after its board meeting on Saturday, agreed to register 32 players for the forthcoming season that would include both retained and newly recruited players.
The newly signed players were: Saidu Salisu from Akwa United, Gabriel Jeremiah, Ugochukwu Nwachukwu from Cyprus, Isma’il Nasir from Nasarawa United, Mark Daniel from Warri Wolves and Yusha’u Garba from Katsina United.

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Signature TV is a multi-media company, owners and operators of signaturetv.org and producers of The Signature Show on AIT and Corruption Tori. Our programmes are broadcast on the AIT Network and on Seven NTA stations across the country. We are content providers for a number of television networks and some State TV stations, with a respected 24/7, high online and offline followership. We are also Communications/Media Consultants to MacArthur Foundation, Ford Foundation and OSIWA.

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