S.J News• [Nov 19, 2012]

S.J News• [Nov 19, 2012]• http://sjnewss.blogspot.com/ Crude Oil: Production to rise from current 2.6million to 4million barrels per day & reserves from 36bn to 40bn barrels by 2020 -Andrew Yakubu (GMD, NNPC). Flood: Flood Relief Committee raises ₦12bn for assistance of flood victims in affected states; Committee led by Aliko Dangote & Olisa Agbakoba -VP Namadi Sambo. Power: 70 to 80% of gas produced in Nigeria to be channelled to power plants; Gas flaring in Nigeria @ 15% -Andrew Yakubu (GMD, NNPC). Presidential Media Chat: Contrary to media reports, FG not in dialogue with Boko Haram; Sect still operating undercover -President Jonathan. Trade & Investment: FG completes review of Nigerian trade policy; New policy to trigger off industrial revolution plan; Foreign Direct Investment (FDI) @ $8.9bn -Dr Olusegun Aganga (Minister of Trade & Investment). Flood: FG approves ₦400m for rehabilitation of flood victims in Kaduna state; Dredging of Kaduna River to tackle menace -VP Namadi Sambo. Ogun PDP: Federal High Court, Lagos voids PDP congress conducted by a ex-President Obasanjo faction in July from which Dipo Odujinrin-led exco; To surrender affairs to Adebayo Dayo-led committee. New Procurement Law: ₦3.6bn 3-year Manitoba Hydro Int'l, Canada contract for management of Transmission Company of Nigeria (TCN) not revoked; Matters to be resolved Tuesday next week -President Jonathan. 2013 Africa U-17 Junior Championship: Nigerian Golden Eaglets defeats Junior Eagles (Mali) 2-0 in 1st leg final qualifier @ UJ Esuene Stadium, Calabar, Cross River state.