President Buhari Archives — Business Bells

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Tag: President Buhari

  • President Buhari Signs PIB Bill Into Law

    President Buhari Signs PIB Bill Into Law

     

    President Muhammadu Buhari has signed the Petroleum Industry Bill 2021 into law.

     

    Special Adviser to the President on Media and Publicity, Femi Adesina, made this known in a statement on Monday, titled, ‘President Buhari Signs Petroleum Industry Bill Into Law’.

     

    The presidential spokesman said his principal signed the controversial bill into law while working in isolation.

     

    Adesina said, “Working from home in five days quarantine as required by the Presidential Steering Committee on COVID-19 after returning from London on Friday, August 13, the President assented to the Bill Monday, August 16, in his determination to fulfil his constitutional duty.

     

    “The ceremonial part of the new legislation will be done on Wednesday, after the days of mandatory isolation would have been fulfilled.

     

    “The Petroleum Industry Act provides legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry, the development of host communities, and related matters.

     

     

    “The Senate had passed the Bill on July 15, 2021, while the House of Representatives did same on July 16, thus ending a long wait since early 2000s, and notching another high for the Buhari administration.”

     

    The Petroleum Industry Act provides legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry, the development of host communities, and related matters.

     

  • Buhari Receives First Made-In-Nigeria Phone

    Buhari Receives First Made-In-Nigeria Phone

     

    President Muhammadu Buhari on Wednesday took delivery of the first ever Nigeria-made cellphone called ITF Mobile.

     

    The product was presented to him by Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, just before commencement of the week’s Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.

     

    Introducing the product to the President, Adebayo said it was produced by the Electrical/Electronics Technology Department of the Industrial Training Fund’s (ITF) Model Skills Training Centre, using locally sourced components.

     

    “Twelve indigenous mobile cell phones produced by the Model Skills Training Centre of the Industrial Training Fund; an agency under Ministry of Industry Trade and Investment was launched.

    “It gives me great pleasure, Mr President, to present you with one of the phones,” Adebayo said.

     

    Also before the start of the FEC meeting, Buhari also presided over swearing-in ceremony of a Commissioner each for the National Population Commission (NPC) and the Federal Civil Service Commission (FCSC).

     

    Those sworn-in were Wakil Bukar as Commissioner of the Federal Civil Service Commission (FCC) and Mohammed Dattijo Usman as Commissioner of the National Population Commission (NPC).

     

    Bukar is to replace the FCC Commissioner from Bauchi State while Usman replaces the NPC Commissioner from Niger State.

     

    Representatives from the two States died recently.