News
Reps probe abandoned $38.7m NNPC-NAOC power project
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/02/house-of-representatives.jpg&description=Reps probe abandoned $38.7m NNPC-NAOC power project', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/02/house-of-representatives.jpg&description=Reps probe abandoned $38.7m NNPC-NAOC power project', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The House of Representatives has unveiled plans to investigate the abandoned $38.7 million Phase 2 of the Nigerian National Petroleum Corporation – Nigerian Agip Oil Company joint venture Okpai independence power plant project.
The resolution was passed sequel to the adoption of a motion sponsored by a lawmaker, Nnamdi Ezechi, who called for the intervention of federal lawmakers.
In his lead debate, Ezechi observed that the Okpai Independent Power Plant project, a joint venture between NAOC and the Federal Government, received approval from the National Electricity Regulatory Commission for the construction of Phase 2.
Ezechi said, “The House also notes that despite the substantial investment of $38.7m, and the commencement of Phase II construction in November 2017, the project ended up being abandoned, resulting in the dilapidation of the critical federal infrastructure.
“The House is aware that the Phase II project has reached approximately 90 per cent completion prior to its abandonment by contractors – Saipem Contracting Nigeria Limited and Nigerian Agip Oil Company.
“The House further notes that the project site is in a grave state of decay, with billions of dollars worth of equipment and turbines unused, covered by grass, and taken over by shrubs.
“The House is concerned that the abandonment of the Phase II project jeopardises significant investments and furthermore hampers an increase in electricity generation for the nation.”
The lawmaker added that the “House is also concerned that there is ambiguity surrounding the project’s contract amount, casting doubt on accountability and transparency in its execution.
“The House recognises the fact that the NAOC and Saipem Contracting Nigeria SCNL were involved in the award and execution of the project.
“The House is disturbed about the lack of advancement of the project and the need for government action to preserve this essential national resource,” he noted.
Consequently, the House mandated its Committee on Power to conduct a comprehensive investigation into the funding and contractors, which includes NAOC and SCNL, and ascertain the impediments leading to the abandonment of the project, and report back within four weeks for further legislative action.
By Kayode Sanni-Arewa
The Independent National Electoral Commission (INEC), Ekiti State Office, on Thursday announced the extension of the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026.
The was contained in a statement by the state Resident Electoral Commissioner, Dr Bunmi Omoseyindemi in Ado Ekiti
The statement read: “The Independent National Electoral Commission (INEC), Ekiti State Office, wishes to inform all registered voters in the State that the ongoing collection of Permanent Voter Cards (PVCs) has been extended from Friday, 12th June to Sunday, 14th June 2026
“The extension is intended to provide an additional opportunity for eligible voters who are yet to collect their PVCs to do so before the Governorship Election scheduled for Saturday, 20th June 2026.
“Collection of PVCs will continue at the designated Local Government Area Offices of the Commission during official hours. Voters are advised to collect their PVCs personally, as collection by proxy will not be permitted.
INEC urges all registered voters who have not collected their PVCs to take advantage of this extension, as the PVC remains the only means of identification for voting on Election Day.
“The Commission remains committed to ensuring that every eligible voter is given the opportunity to participate in the electoral process.”
US President Donald Trump on Thursday said he was calling off strikes on Iran and flagged the signing of a possible deal with Tehran after top-level talks.
“Based on the fact that discussions with the Islamic Republic of Iran have been brought to the highest level of Iranian leadership and approved, I have… cancelled the scheduled strikes and bombings against Iran this evening,” Trump said on his Truth Social network.
“Time and place of the signing to be announced shortly,” he added.
Iran Warns Of ‘Endless Quagmire’
Iran had warned Washington on Thursday that it risked wading into an “endless quagmire” of war and soaring energy prices, after Trump vowed to launch a new round of airstrikes and to seize an island oil terminal.
Iran’s chief negotiator in talks with the Americans, parliamentary speaker Mohammad Bagher Ghalibaf, issued his stark warning after the two sides exchanged overnight fire and Trump threatened that US forces would hit “VERY HARD TONIGHT”.
“Wrong strategies and impulsive decisions will reset the entire board for the worse, explode energy infrastructure and markets and create an endless quagmire that you will be stuck in for years,” Ghalibaf said.
The war, which began on February 28 with a wave of US-Israeli strikes on Iran, was paused under an April truce, but efforts to hammer out a permanent end to the fighting have since stalled.
US forces have also, since the ceasefire, hit radar arrays and disabled Iranian ships, and Tehran has maintained a chokehold on shipping through the Strait of Hormuz.
“At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela,” Trump said, in a post on his own social media platform, referring to a Gulf island that hosts Iran’s biggest oil export terminal.
General Ali Abdollahi, head of the Iranian military’s central headquarters, warned that “if the United States once again seeks to carry out attacks against heroic Iran, it would receive a harsher response than before, and the flames of war, in addition to creating insecurity in the region, will become more widespread and far-reaching”.
The conflict has destabilised oil and gas prices, fuelling inflation and fears of recession in many economies.
On Thursday, the World Bank lowered its global growth forecast to its lowest level since the coronavirus pandemic, predicting it would drop to 2.5 percent in 2026, from 2.9 percent last year.
Channels
Hon. Dr. Olotu Akpodiete JP, who’s vying for the Ughelli North, South and Udu Federal Constituency seat in the House of Representatives, has sent his congratulations to Rt. Hon. Frederick Agbedi. Agbedi’s new role as Minority Leader was announced today during plenary by Speaker Rt. Hon. Tajudeen Abbas.
Dr. Akpodiete said Agbedi’s emergence shows the trust and confidence his colleagues have in him. He described the new Minority Leader as dependable, strong-willed, and a politician of principle who acts on conviction rather than convenience.
Rt. Hon. Agbedi represents Sagbama/Ekeremor Federal Constituency in Bayelsa State. Before this appointment, he led the PDP Caucus in the House and also served as Bayelsa PDP chairman. He remains a committed PDP member and believes the party has a vital role as a strong opposition.
Akpodiete said he’s confident Agbedi will use his experience, competence and character to serve the House, the legislature, and Nigerians well.
Signed:
Hon. Dr. Olotu Akpodiete JP
House of Representatives Candidate Hopeful
Ughelli North, South and Udu Federal Constituency
INEC extends PVCs collection in Ekiti for 72hours
Trump Stops Scheduled Bombings Against Iran
Julian Quinones of Mexico Scores First Goal Of 2026 World Cup
-
News16 hours agoSenate Orders Kyari’s Arrest Over Alleged ₦210 Trn NNPCL Financial Infractions
-
News20 hours agoKano Screens 720 Couples for State-Sponsored Mass Wedding Programme
-
News20 hours agoEx-NNPCL Boss Kyari Challenges Senate Over Arrest Warrant, N210trillion Probe, Cites Medical Trip Abroad
-
News20 hours agoAlleged N2bn scam: EFCC tells Court how Sirika hired Ethiopian Airlines aircraft for three-day exhibition
-
News20 hours agoPastor Kumuyi Explains Why None of His Sons Will Inherit Deeper Life Church
-
News20 hours agoNationwide protest to begin on Democracy Day as insecurity continue to escalate
-
News20 hours ago2027: INEC restores 22 State constituencies in kogi, Benue, Delta, Jigawa
-
Economy19 hours agoIMF questions Nigeria’s $5bn borrowing structure