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Beyond Production Sharing Contract Act

On Monday, November 4, President  Muhammadu Buhari signed the historic Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law. There is a consensus of opinions that legislation promises to significantly increase Nigeria’s share of earnings from its oil wells offshore. Also significant is the fact that the Bill was approved by the 9th National Assembly a fortnight ago and submitted to the President for assent into law in record time, a progressive departure from the hitherto war of attrition between the executive and the legislature during the 8th Assembly. Understandably, the President was also upbeat about the development.“He said, “This afternoon I assented to the Bill amending the Deep Offshore (and Inland Basin Production Sharing Contract) Act. This is a landmark moment for Nigeria; let me use this opportunity to thank the National Assembly for the cooperation that produced this long-overdue amendment,”

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Senate lacks power to ask Odubu board to take over NDDC — Oweilaemi

PRESIDENT of Ijaw Youth Council, IYC, Mr Pereotubo Oweilaemi, in this interview, faults the directive of Senate President Ahmed Lawan to the newly confirmed Niger Delta Development Commission, NDDC, board to take over the affairs of the interventionist agency from the Interim Management Committee, IMC, saying the order was suspicious and amounts to usurpation of executive powers. Excerpts:

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Etiquette in the Gym (1)

The new craze for being and staying healthy has become a bug. Whether your staying healthy is by going to the gym regularly, watching what you eat or managing a healthy lifestyle, it has become a must for everyone. In a bid to portray success you find yourself juggling so many things all at the same time, where multi-tasking has become a talent and an art for the savvy person.  When doing this you find that it is so easy to forget your codes of conduct, respect and consideration for others. Then what do you think happens? Eventually you end up throwing your very own posture, polish and presence out of the window.  How do you think you fare in the gym, at the spa, on the tennis court or even on the golf course?

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Tensions in House of Reps over Minority Caucus

There has been no love lost between the group loyal to Kingsley Chinda, the lawmaker supported by the Peoples Democratic Party (PDP) leadership to emerge as the Minority Leader of the House of Representatives, and the group loyal to the man who eventually clinched the office, Ndudi Elumelu, since the election of the leadership of the House. In separate interviews, Chinda, who now claims to be the leader of the PDP in the House, and Hon. Adekoya Adesegun Abdel-Majid, the Deputy Minority Whip, speak on the issues in contention. Chinda speaks first.

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