Chairman of the House Committee on Petroleum Resources has pledged legislative support for establishing a transparent West African refined fuel pricing benchmark.
The Senate has issued a 48-hour ultimatum to Seplat Energy, Network E&P Nigeria, All Grace Energy and Aradel Energy to appear before its Public Accounts Committee.
Samuel Jatau, the secretary to the state government, called on the beneficiaries to put the knowledge gained into practical use.
Mr Osifo said the government should reduce its equity to 49 per cent and allow credible private investors with technical expertise to hold the remaining 51 per cent.
Market capitalisation fell by 0.73 per cent from N160.421 trillion to N159.255 trillion, while the All-Share Index (ASI) shed 1,806.18 points to close at 246,723.57.
“What was discovered was deeply disturbing because many of the products had already deteriorated and were visibly decomposing,” Mr Kaila said.
The CBN said it would support stablecoins, payments, settlement, custody, wallets, and related financial infrastructure that require supervised live testing.
The reform replaces project-by-project negotiations with a transparent, rules-based investment framework to attract long-term capital into the offshore oil and gas sector.
The ministries urged stronger coordination among contractors, telecom operators and government agencies to prevent damage to fibre optic infrastructure during road construction.
Mr Abdullahi said BOA occupied a strategic position in transforming Nigeria’s agricultural sector.
