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Oando, Aiteo, Seplat, Other Local Oil Companies Collaborate To Fight COVID-19

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As the Federal Government of Nigeria and States government are fighting to contain the impact of the global pandemic COVID-19 oil and gas sector, the largest contributor to the economy has also risen to the occasion in an initiative spearheaded by the NNPC.

In a television programme interview on Monday, April 6 the Group Managing Director of the NNPC, Mallam Mele Kyari, said “The coronavirus pandemic is a global issue; as a country, we are not insulated from it as already seen by the growing number of people affected by the virus.

The first thing that needs to be resolved is the health of our countrymen, this is a difficult time for the country, and no Government on its own can resolve all the issues the pandemic has thrown at us. This industry is one that clearly benefits from the country, we contribute to the growth and development of the country and so we must come together to support the country.”

The GMD spoke to the first leg of the intervention which saw Upstream players commit N11.4bn ($30million) to be collected in kind and handed over to the Presidential Taskforce on COVID-19 to aid both the Federal and State Governments in their fight to contain the spread of the coronavirus.
According to the NNPC boss, 33 Upstream companies made the contributions including indigenous companies such as Oando, Aiteo, Seplat, Shoreline, Amni International Petroleum, Eroton Exploration and Production as well as International Oil Companies like Eni, Total, Shell and Chevron. He went on to explain that the contributions from sector players had grown to N21bn and continues to grow as a result of Downstream and Service players joining the partnership.

These contributions will support three thematic areas; the provision of medical consumables such as face masks and testing kits among others, the deployment of logistics and in-patient support systems such as ventilators and the delivery of temporary isolation medical centres and permanent medical infrastructure for use during this period and after the pandemic. The GMD indicated that 60% of the resources will go towards the third thematic area – the delivery of permanent medical infrastructure across the country, seen as a long term intervention to upgrade the country’s healthcare facilities but with immediate visibility and impact.

Scaling solutions rapidly to address what could potentially become a national crisis requires significant investment, innovation and collaboration.

In this regard the individual indigenous companies have gone one step further to deploy additional initiatives to support the containment of the coronavirus; some with Nigeria’s peculiarities in mind.

The sector has made commendable efforts in the area of medical relief. Seplat Petroleum and Waltersmith, have donated some medical supplies and equipment to the Edo State Government, including masks, temperature guns, motorised sprayers and other personal protective equipment.

OVH Energy (an Oando licensee) and Aiteo have also made contributions to the Government’s efforts by way of the donation of ambulances whilst MRS donated test kits, medical overalls and ambulances. Other companies like Matrix Energy made financial contributions towards the procurement of necessary medical equipment.

Hinged on their belief that no one should be left behind or uninformed about the virus and measures to curtail its spread, Oando recently launched a new programme that enables its employees, also known as the Humans of Oando as well as their families and friends, to support awareness on the pandemic and preventive measures to be adopted by the general public.

To this end, they have recorded and disseminated short video messages of themselves in different Nigerian languages to ensure every Nigerian is educated in a language they can easily understand.

With mobile phone penetration in Nigeria over 85%, the company is actively pushing the videos on mobile platforms to ensure it reaches its intended audience of the masses. Oando has also spread a message of kindness via a video, encouraging people to look into their communities and their direct sphere of influence, and show kindness to those who need it the most, reinforcing their belief that continued small contributions will in the long term create a huge impact.

It is encouraging to see the indigenous oil and gas companies playing such an integral role in all facets of containing the spread of the viruses, from education to actual treatment reinforcing a global phenomenon of collaboration to solve the issues that the pandemic has unexpectedly thrown at all of us.

This was resounded by the GMD when he spoke to the fact that today indigenous companies make a significant part of our production contributions are growing steadily, most evident over the last 10 years via the purchase of divested assets from the IOCs and that the future of the oil and gas sector is in these indigenous companies.

“This is the hallmark of good corporate citizenship which the oil and gas industry is known for. We remain accountable to Nigerians and will continue to provide details of what has been collected, how it’s distributed and where it’s being delivered to.” The GMD added.

BIG STORY

I Must Draw Blood From You, Says Ekiti Universty Bully As She Brutalises Fellow Student [VIDEO]

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A video making rounds on social media shows a female undergraduate of Bamidele Olumilua University of Education Science and Technology, Ikere in Ekiti State, brutally beating a fellow student with a stick.

Despite pleas from the victim, the bully was heard saying, “Let me draw blood from you easily or hardly.”

The incident reportedly occurred on Sunday, the same day the video surfaced on social media, and the witness who filmed the video claimed it happened on BOUESTI’s campus.

According to the video’s commentator, the victim is Ajayi Precious Gloria, while the perpetrator is a “very popular” Mass Communication student.

The commentator further claimed that the two were friends.

The video showed other individuals present during the assault, but none intervened to stop the attack. The reason for the attack is not yet known.

There was outrage on social media over a viral video of a female student at Lead British International School, Abuja, being bullied by her classmates.

Same month, another video depicting a separate case of bullying involving some male students in the school’s uniform emerged.

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CBN Orders Banks To Charge 0.5% Cybersecurity Levy On Electronic Transactions

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Banks and other financial institutions are required to impose a 0.5 percent cybersecurity charge on electronic transfers by order of the Central Bank of Nigeria (CBN).

This is stated in a memo that was signed on Monday by the directors of financial policy and regulation, Haruna Mustafa, and payments system management, Chibuzor Efobi.

Mobile money providers as well as commercial, merchant, non-interest, and payment service banks were all given the mandate.

CBN said the policy would take effect in two weeks and charges would be described as ‘Cybersecurity Levy’.

According to the apex bank, the deduction and collection of the cybersecurity levy is a sequel to the enactment of the Cybercrime (prohibition, prevention etc) Amendment Act of 2024.

“Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 and under the provision of Section 44 (2)(a) of the Act, “a levy of 0.5% (0.005) equivalent to a half percent of all electronic transactions value by the business specified in the second schedule of the Act, is to be remitted to the National Cybersecurity Fund (NCF), which shall be administered by the Office of the National Security Adviser (ONSA),” CBN said.

CBN said the charges would be remitted to the national cyber security fund, which would be administered by the office of the NSA.

“Deductions shall commence within two (2) weeks from the date of this circular for all financial institutions and the monthly remittance of the levies collected in bulk to the NCF account domiciled at the CBN by the 5th business day of every subsequent month.”

CBN said failure to remit the levy is an offence which attracts a fine of not less than 2 percent of the annual turnover of the defaulting business, amongst others.

“Finally, all institutions under the regulatory purview of the CBN are hereby directed to note and comply with the provisions of the Act and this circular.”

Meanwhile, earlier, banks announced the reintroduction of 2 percent charge on deposits above N500,000.

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Edo Crisis Deepens As Speaker Suspends Shaibu’s Loyalists, Two Others

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Speaker Blessing Agbebaku of the Edo State House of Assembly created a stir on Monday when he suspended three members indefinitely over a purported plot to remove him and other key officers.

There were also rumours of charms discovered within the house. Two members of the Peoples Democratic Party (PDP) and one member of the All Progressives Congress (APC) are among the parliamentarians on suspension.

The only suspended member to refuse to sign the letter of impeachment for former Deputy Governor Philip Shaibu was Donald Okogbe (PDP), who represented Akoko-Edo II.

The other suspended members are Addeh Emankhu Isibor (APC), representing Esan North-East I constituency, and Iyamu Bright (PDP), representing Orhionnwon II state constituency.

Agbebaku alleged that the suspended lawmakers plotted to change the house’s leadership, influenced by external forces seeking to cause chaos and effect changes in leadership. He also claimed that unidentified individuals brought native doctors into the house at midnight on May 1 to perform rituals and placed charms in the assembly complex to effect these changes.

The suspension led to tension and a rowdy session in the house, with the affected lawmakers protesting the speaker’s unilateral action and demanding a vote by members on the matter. But sensing the potential for chaos, the Speaker adjourned plenary hastily.

The suspended members, in response, described their suspension as vendetta and politically motivated, stating that the speaker’s actions were an attempt to suppress democratic ideals and principles.

Donald Okogbe emphasized that the speaker does not have the unilateral power to suspend a member, arguing that such action should have the support of the majority of the members according to the house rules and the constitution of Nigeria.

“The allegations levelled against us are untrue and founded; the action of the speaker is just impunity and tyranny of the red chair. So, our position is that the speaker does not have the sole power to suspend. That is the point we made in the house. The power to suspend a member rests on the members of the house, not the speaker alone,” he said.

On the allegation of fetish items deposited at the premises of the house, Donald said that, as a Catholic, he does not involve himself in rituals.

Iyamu Bright also criticized the suspension, stating that it did not follow the relevant house rules and the constitution of the Federal Republic of Nigeria.

Meanwhile, reactions have continued to trail the development in the state House of Assembly. The governorship candidate of the African Action Congress (AAC) for the September 21 governorship election in the state, Udoh Oberaifo, condemned the suspension of three members and called for their immediate recall.

“Our courts have consistently held that the disciplinary powers of legislative houses like the Edo State House of Assembly do not extend to reckless suspension,” he noted.

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