MONDAY 26TH SEPTEMBER 2022

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In Quest for Increased FDI, FG Sets Up Oil, Gas Investment Promotion Centre OPTS member-companies paid tens of billions of dollars to Nigeria in 60 years Peter Uzoho As part of its drive for increased Foreign Direct Investments (FDI) into the Nigerian oil and gas industry, the federal government has finally set up the Oil and Gas

Investment Promotion Centre at the Ministry of Petroleum Resources in Abuja. The investment promotion centre is to make it easy for prospective investors to make enquiry as well as to play in the sector.

On the other hand, oil and gas exploration and production companies affiliated to the Oil Producers Trade Section (OPTS), a group under the Lagos Chamber of Commerce and Industry (LCCI) said they have paid tens of billions

of dollars to Nigeria in the last 60 years of the group's existence in the country. The duo of the Minister of State for Petroleum Resources, Chief Timipre Sylva and the Chairman of OPTS, Mr. Rick

Kennedy made the disclosures at the 60th anniversary dinner of OPTS held in Lagos, recently. Delivering his goodwill message at the occasion, Sylva, who was represented by the Acting Permanent Secretary of his ministry,

Mr. Kamoru Busari, said setting up of the investment promotion centre was part of the government's effort to create an enabling environment and attract more investors into the Continued on page 5

NNPCL Spent 94.7% of August Oil, Gas Revenue on Petrol Subsidy...

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Monday 26 September, 2022 Vol 27. No 10030. Price: N250

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A'Ibom APC Senatorial Ticket: Ekpoudum to Appeal Judgement Favouring Akpabio...

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Diri: PDP Will Emerge Stronger, Victorious Despite Crisis Olusegun Samuel in Yenagoa Bayelsa State Governor Douye Diri says he is optimistic that the Peoples Democratic Party (PDP) would surmount its current challenges and emerge

victorious at all levels in the 2023 general election. Diri stated this at an interdenominational church service organised by the state government to mark Nigeria's 62nd independence and the 26th anniversary of the creation of

Bayelsa State. Diri was represented by the deputy governor, Senator Lawrence Ewhrudjakpo, at the service held at the King of Glory Chapel inside Government House, Yenagoa.

The governor described the post-convention crisis rocking PDP as "shaking of the water in the river that will not stop the boat from getting to its destination". He said by the grace of God and the support of Nigerians,

who had seen the difference between the All Progressives Congress (APC) and PDP, his party would reclaim power at the centre and in majority of the states. According to the governor,

"What is happening in our party is just shaking of water. The water has not poured and will not pour. For the fact that there is a storm in the river does not mean the Continued on page 5

152 Days to 2023 Polls, Obi Set to Disrupt, Deadlock Presidential Run THISDAY survey predicts inconclusive poll at first ballot if elections were held today To launch major poll in October with renowned global partner Chuks Okocha, Adedayo Akinwale and Emameh Gabriel in Abuja With 152 days to the 2023

•Atiku

general election, and less than 48 hours to the official commencement of political campaign, as indicated in the timetable and schedule of

•Tinubu

activities of the Independent National Electoral Commission (INEC), presidential candidate of the Labour Party, Mr. Peter Obi, is not just the issue in the

election, but he also appears set to disrupt and deadlock the February 25 presidential race. A recent THISDAY survey revealed that with the OBIdient

•Obi

Movement fast gaining traction not be a clear winner in the in many parts of the country, first ballot of the presidential especially, as new volunteers run, as the Obi factor might enlist on the Obi project almost Continued on page 5 on a daily basis, there might

•Kwankwaso


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