oil
oil

— Indications have emerged that Nigeria will export about 52 cargoes of crude oil in June, representing a drop from 55 cargoes slated for May in the futures market.

oil
oil
The preliminary loading schedule showed that the nation will be exporting about 1.57 million barrels per day (bpd) during the period as against 1.6 million bpd recorded in May. (The Guardian)

— For the third time, the 2016 Appropriation Bill has been returned as President Muhammadu Buhari was said to have picked holes in the re-worked budget and returned it to the National Assembly for further legislative work.

It was reliably gathered that the re-worked budget was sent to the President at about 1.15 a.m., Wednesday, but was returned to the National Assembly at about noon, Wednesday. (The Vanguard)

— The Nigeria Police Force has removed the Commissioner of Police, Enugu State Command, Nwodibo Ekechukwu, over the attack on Ukpabi Nimbo in Enugu State by suspected Fulani herdsmen.

The Force Public Relations Officer, Bisi Kolawole, confirmed on Tuesday that Ekechukwu had been posted out of the state to another command. (The Punch)

— State governors are still spending billions of naira from public funds on foreign trips in the name of seeking foreign investors, despite the cash crunch facing their states.

With dwindling federal oil allocation, coupled with dismal internal revenue, the states’ chief executives have not cut down on their foreign travels against their campaign promise of slashing the cost of governance. (Daily Trust) Enditem

Source: Xinhua

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.