@AfamDeluxo I’ll risk all and say “any of them that comes out to say things should support with a pic of their PVC”. No ranting without the power to effectively drive changes
A woman was found guilty in court of a traffic violation, and when asked for her occupation, she said she was a school teacher.
The judge rose from the bench and said: “Ma’am, I have waited years for a school teacher to appear before this court.”
“Why is that Your Honor?” asked the teacher.
The judge smiled with delight and said: “I’m going to need you to sit down at that table and write ‘I will not run red a light’ 500 times.” 🤣
Breaking: President Tinubu Just Signed A New Executive Order in the Oil and Gas Industry
Summary as follows:
1. NNPC Limited will no longer:
-Retain the 30% management fee on Profit Oil and Profit Gas.
-Manage the 30% Frontier Exploration Fund from profit oil/gas.
-These revenues will now go directly to the Federation Account.
2. Effective from February 13, 2026, all oil and gas operators must now remit:
-Royalty Oil
-Tax Oil
-Profit Oil
-Profit Gas
-Any other government entitlement
Directly to Federation Account.
3. A joint project team will be formed to manage integrated upstream-midstream operations, with regulators acting as interface with license holders.
4. A high-level committee will oversee execution, including:
-Finance Minister
-Attorney-General
-Budget Minister
-Petroleum Minister of State
-Chairman of the Nigeria Revenue Service
-Budget Office DG and other officials.
5. Finally, the President signaled a broader review of the PIA 2021 in consultation with stakeholders to fix fiscal and structural issues.
Interesting days for the industry.
After every election cycle, we owe Nigerians an honest look at what worked and what must work better. That is how serious democracies behave, and our laws must grow with experience.
Today, I signed the final amendments to the 2022 Electoral Act into law.
These amendments are not about politics. They are about process. They are about closing gaps, strengthening procedures, and providing greater clarity to those who conduct and participate in our elections.
When citizens walk into a polling unit, they must do so with confidence. When results are declared, they must be trusted. That confidence is built deliberately, and not by chance.
I sincerely thank the National Assembly for its cooperation and sense of national responsibility in bringing this process to a successful conclusion. Our responsibility remains to keep improving the system so that the people’s will is expressed clearly, peacefully, and credibly.
The work of strengthening our democracy continues, and we shall not relent.
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria