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Violations: NBC fines three stations, sanctions 28 others

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Violations: NBC fines three stations, sanctions 28 others

The National Broadcasting Commission (NBC) has fined three stations over the broadcast of invariable content on COVID-19 and also sanctioned 28 others for violations against the Nigeria Broadcasting Code.

The Acting Director-General of NBC, Prof. Armstrong Idachaba, made this known at a press briefing in Abuja on Wednesday.

Idachaba said the three stations fined were Adaba FM and Breeze FM, all in Akure, as well as Albarka FM, Ilorin.

He said that the stations were fined N250,000 each for broadcasting invariable claims and misleading information about the COVID-19 pandemic.

The NBC boss further stated that 28 other stations were sanctioned for violation of the code in areas bordering on hate speech, obscenity, technical breach, advertisement, invariable claims and unprofessionalism.

“All the stations have been either queried or sanctioned according to the provisions of the Nigeria Broadcasting Code

” The commission wishes to, again, re-emphasise that all broadcasters must adhere strictly to the provisions of the Nigeria Broadcasting Code and National Broadcast Act CAP N11 Laws of the Federation, 2004,” Idachaba said.

On reforms by the NBC, Idachaba said the amendment of the sixth edition of the Nigeria Broadcasting Code as approved by President Muhammadu Buhari made provisions for local content in the broadcast industry.

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According to him, it also makes provision for increased advertising revenue for local broadcast stations and content producers.

“It also creates restrictions for monopolistic and anti-competitive behaviour in the broadcast industry. It further makes provision for responsibility for broadcast stations during national emergencies.

” I am glad that the work is ready now, and the commission has published the provisions of the amendment of the code,” he said.

On Digital Switch Over (DSO), the NBC boss explained that the commission was considering a new licence-free regime and broadcast signal distributors carriages fees for Digital Terrestrial Television (DTT) operators

“The new rates would affect National Free-view DTT, Rational Free-view DTT and Local Free-view DTT.

” The committee expects all licenced DTT operators to commence payment of the new fees which is lower than the fees in the analogue era.

“However, very important progressive steps are being taken for the actualisation of the DSO.

“There have been several online meetings with various players and stakeholders in the digital ecosystem.

” We have concluded plans for a new timeline, indicating new cities where we are moving to and the details will be released once the lockdown is fully eased,” he said.

He called on all broadcasters and workers in the media industry to stay safe in the face of the raging pandemic.

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Ministry, NGOs distributes food items to over 100 households in Kaduna

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No fewer than 100 households in Kaduna State have benefitted from food items distributed by the State Government in collaboration with two NonGovernmental Organizations (NGOs).

The Newsmen, reports that the Kaduna State Ministry of Human Services and Social Development collaborated with two NGOs, Muzaif Foundation and Gracious Givers Foundation, in the humanitarian gesture.

The Commissioner for Human Services and Social Development, Hajia Hafsa Baba, said the gesture was part of the ministry’s efforts in assisting less privileged households to cushion the ravaging period of Coronavirus pandemic.

The Commissioner, who was represented by Mrs. Zahida Jibril, the Chief Executive Officer of Muzaif Foundation, added that the ministry would continue to support the less privileged in the state in various ways to ameliorate their sufferings.

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“We would also initiate as many programs and activities as we can towards helping the vulnerable so they can also have a sense of belonging.

“We would make sure the vulnerable realize that they have not been forgotten in the state, arrangements are being put in place to ensure they are out of hunger especially in this trying time”, Baba said.

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Also speaking during the distribution exercise, the Founder of Gracious Givers Foundation, Aminu Bashir said the vulnerable people were those who needed to be assisted at such a critical time.

He called on government at various levels to assist NGOs of their kinds with grants to enable them easily do their duties and reach out to vulnerable communities.

While appreciating the NGOs, a private Arabic school teacher, Malam Usaini Ahmad, said there had never been such kind gesture showed to their community in the past.

“We are very happy to be remembered, there has never been such kind gesture brought to our community and we hope it will keep coming.

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“We pray that God Almighty continue to bless you and replenish your purse for giving out to the needy”, Ahmad said.

He called on the government to make special plans in assisting private school teachers, especially in this period, to ameliorate the sufferings amidst the COVID-19 pandemic.

Newsmen report that the food items, which included rice, garri, and semovita, were shared with households in Nassarawa area, a suburb of Kaduna metropolis.

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Nigeria’s first locally mined gold bars received by Buhari

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Presidential Artisanal Gold Mining Development Initiative (PAGMDI), on Thursday, officially presented it first locally mined gold bars to President Muhammadu Buhari at the Presidential Villa, Abuja.

President Buhari on the occasion lamented that Nigeria lost about $3 billion in six years to illegal smuggling of gold.

He pointed out that the improved gold mining operations in the country will generate no fewer than 250,000 jobs and over $500m annually in royalties and taxes to the Federal Government.

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President Buhari also reaffirmed his administration’s commitment to establishing gold refineries in Nigeria.

With the implementation of the PAGDMI scheme which will result in the set-up of accredited gold buying centres across key mining areas, artisanal miners and SMEs engaged in mining will be able to capture the value of their work,” Buhari said on Thursday.

“These operations will help in diversifying our revenue base.”

Buhari said the sale of gold by artisanal miners and SMEs at accredited centers will help the government in realising royalties and taxes from the sale of these assets.

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He said these developments will also help in improving our foreign reserves by enabling the Central Bank of Nigeria to increase the amount of gold in its reserves.

The artisanally-mined gold was processed and refined according to the London Bullion Market Association (LBMA) standards.

CBN has now purchased the 12.5kg bar of gold at the rate of N268 million for use as part of Nigeria’s external reserves, with a cheque presented a Cheque for that amount to the Presidential Artisanal Gold Mining Development Initiative

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PAGMI is a comprehensive artisanal and small-scale gold mining development programme, launched in 2019 to foster the formalization and integration of artisanal gold mining activities into Nigeria’s legal, economic, and institutional framework.

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OPEC insists on total compliance with oil production cuts

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The Organisation of Petroleum Exporting Countries (OPEC) and its allied oil producers, known as OPEC+, yesterday insisted that defaulting countries, including Nigeria, must adhere to total compliance with the oil production output cuts agreement in April.

This is coming as the Nigerian National Petroleum Corporation (NNPC) yesterday kicked against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country, saying that it will cause a dislocation in the supply and distribution chain of petroleum products across the country.

The corporation said the country should achieve the full rehabilitation of the refineries and the completion of the Dangote Refinery to enable the country exit fuel importation before their relocation.

OPEC also expressed optimism that market conditions are gradually improving but noted that all participating countries must renew their commitment to ensuring stability in the international oil market.

However, contrary to earlier speculations that the cartel will make pronouncements on the next phase of easing of output cuts to about 7.7 million barrels per day, the OPEC failed to make that announcement but scheduled the next meeting for August.

According to the original agreement from April, OPEC+ was to cut 9.7 million bpd in combined production for two months—May and June—and then ease these to 7.7 million bpd, to stay in effect until the end of the year.

Then, from January 2021, the production cuts would be further eased to 5.8 million bpd, to remain in effect until end-April 2022.

But at its 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC), which took place via video conference yesterday, under the chairmanship of Prince Abdul Aziz Bin Salman, assisted by his Russian counterpart, the committee said it reviewed the monthly report prepared by its Joint Technical Committee (JTC).

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A statement after the meeting noted that the committee also considered market prospects for the second half of 2020 and reiterated the importance of the ‘Declaration of Cooperation’ (DoC) in supporting oil market stability.

“The outcomes of the June meetings extended the first phase of the production adjustments until 31 July 2020; provided a compensation mechanism in respect of the months July, August and September for participating countries that were not able to achieve full conformity in May and June.

“The committee reviewed and reaffirmed the commitment of all participating countries to achieve full conformity and make up for any shortfall under compensation plans presented to the committee.

“It stressed that achieving 100 per cent conformity from all participating countries is not only fair but vital for the ongoing rebalancing efforts and to help deliver long term oil market stability,” the cartel said.

After a review of the crude oil production data for the month of June 2020, OPEC said it welcomed the significant performance in the overall conformity level for participating countries at 107 per cent in June 2020, an achievement that found wide recognition in the market.

It reiterated its appreciation of additional voluntary contributions made by Saudi Arabia, the United Arab Emirates and Kuwait in June.

It noted that removing the credit for over-conformity results in a conformity level of 95 per cent in June, the highest since the inception of the DoC in January 2017, and mandated its secretariat to closely monitor and report to the JMMC the implementation of the required compensation by the underperforming participating countries.

“It also requested underperforming participating countries to submit their plan for implementation of the required compensation for the month June 2020 to the OPEC Secretariat by the end of July 2020,” the statement added.

OPEC said it welcomed the participation of Angola, Gabon, South Sudan and Congo, and noted that they had reiterated their commitment to the DoC production adjustments and compensation plans.

“The committee observed that there were encouraging signs of improvement as economies around the world open up. While there could be localised or partial lockdowns re-imposed in some places, the recovery signs are clear, both in physical and futures markets.
“Moving to the next phase of the agreement, the extra supply resulting from the scheduled easing of the production adjustment will be consumed as demand recovers,” the organisation stated.

It projected that there will be an increase in demand for utilities, as well as changes in travel patterns, boosting domestic demand for gasoline and diesel, explaining that as a result, the impact on participating countries’ exports will be limited.

“In addition, the compensation schedule that has been agreed will mean that the effective level of adjustments will be deeper,” it said.

The collective OPEC+ cut in August and September would be some 8.54 million bpd in the next two months, as Iraq, Nigeria, Angola, Russia, and Kazakhstan are expected to cut output to compensate for the previous lack of compliance, while Saudi Arabia is also expected to keep its August oil exports at the same level as in July.

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NNPC Gives Conditions for Relocation of Lagos Tank Farms

Meanwhile, the NNPC has kicked against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in order to avoid dislocation in the supply and distribution chain of petroleum products nationwide.

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The corporation made the submission at a hearing by the House of Representatives’ Ad-hoc Committee on the relocation of tank farms in residential areas of Ijegun, Kirikiri.

A statement by the NNPC’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, quoted the Managing Director of the corporation, Mr Mele Kyari, as saying that NNPC is not averse to the relocation of the tank farms and depots sited in residential areas.

But he said the corporation would rather that some time be allowed to achieve the full rehabilitation of the refineries and the completion of the Dangote refinery to enable the nation to exit fuel importation before their relocation.

The GMD who was represented by the corporation’s Chief Financial Officer, Mr Umar Ajiya, told the committee that the tank farms and depots were a major artery for receiving and distributing imported petroleum products to all parts of the country.

He added that their abrupt relocation would trigger a crisis not only in the downstream sector but also in the nation’s economy in general.

“We are not opposed to the yearnings of the communities or the relocation of the tank farms and depots, but we want it to be done in phases because of the huge financial commitments by the stakeholders.

“If they are relocated abruptly, even the banking sector would be affected because of the loans they granted for the establishment of the depots,” he stated.

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