Senate assures on bill to boost PTDF capacity

Sen. Tayo Alasoadura

Chairman, Senate Committee on Petroleum Resources, Upstream, Senator Tayo Alasoadura, yesterday, said that the legislature may pass a law that will mandate respective oil producing companies in the country to contribute a certain percentage of their budget to the Petroleum Development Trust Fund, PTDF, for capacity building in the industry.

Senator Alasoadura disclosed this at the first PTDF Oil Exploration and Production Companies Summit in Abuja.

He explained that most of the funds allocated to PTDF were not released to them which had led to the accumulation of extensive liabilities for the establishment in the course of executing its institutional human capacity building projects. He said that this resulted in the scaling down of the operations of PTDF.

Comments

Chelsea preparing world-record Bonucci bid

Chelsea owner Roman Abramovic has told manager Antonio Conte that a January move for Juventus defender Leonardo Bonucci could be on the cards. According to reports from the Telegraph, the Russian businessman is prepared to bankroll a number of new signings in the New Year as the Blues look to retain the Premier League trophy. Bonucci would command a world-record fee for a defender, expected to be in the region of £50 million, should he move to Stamford Bridge.

Turkey bomb victims ‘mostly children’surviving

Most of the victims of the bombing of a Kurdish wedding party in the Turkish city of Gaziantep on Saturday were children, media reports have said. Twenty-nine victims were under the age of 18, reports said, with one official saying 22 were under the age of 14. The death toll rose to 54 yesterday. The suicide bomber himself was a child aged between 12 and 14, President Recep Tayyip One woman lost four children in the attack, Emine Arhan, said yesterday: “If it wasn’t for my only surviving child, I would have killed myself.” Another victim was a nine-year-old girl who had stayed on at the party to see the bride after her parents had left, according to reports. A disproportionately large number of women and children were killed in the attack because it targeted henna night, a part of the celebration attended mainly by women and children. Turkish officials said the type of bomb used, which contained scraps of metal, was similar to those used in previous attacks on pro-Kurdish gatherings. ...

Conte: Chelsea must learn to kill matches

Chelsea manager Antonio Conte says his side must learn to kill off matches quicker following their 3-2 League Cup win over Bristol Rovers. Michy Batshuayi scored two goals either side of a Victor Moses strike at Stamford Bridge to send the home side into the third round, but they were given a fright when the visitors twice halved a two-goal deficit through Peter Hartley and an Ellis Harrison penalty. The victory is Conte's third in competitive matches as Chelsea boss, following 2-1 wins over West Ham and Watford in the Premier League - both of which came about thanks to late goals from Diego Costa. And the former Italy boss wants his players to become more ruthless in their approach in order to prevent similarly nervy encounters in future. "These games are very tough," he told BBC Radio London Sport. "When you dominate the game, you must kill the game. In this case, we didn't do this. "It's a pity because when you're playing very well, creating a lot...

Welcome to EagleWatch

Search This Blog