S.J News• [August 7, 2013]

S.J News• [August 7, 2013]• http://sjnewss.blogspot.com/ Trunk Line: With the completion of Nembe Creek Trunk Line (NCTL) in the next few weeks, Nigeria's crude oil production to hit 2.50 million barrels per day (mbpd). PHCN: FG pays ₦118bn Severance Package to Power Holding Company of Nigeria (PHCN) workers; Paid by Office Accountant General of the Federation (OAGF). Brandished Mace: Majority Leader of Rivers State House of Assembly, Chidi Lloyd, pleads not guilty to 6-count charge before Port Harcourt High Court. Adamawa, Bauchi & Yobe: Emergency rule imposed on 3 northern states on May 14 helped to restore normalcy -Dr Reuben Abati (Presidential Spokesman). Curfew: Defence Headquarters (DHQ), Abuja, restores 24-hour curfew in Potiskum, Yobe state; Retains 10pm to 7am curfew imposed on Adamawa & Borno state. Kogi Indigenes: Gov Idris Wada (Kogi) grants ₦175, 416,000 scholarship to over 46,336 students in 109 institutions across Nigeria. Shell: Nigerian National Petroleum Corporation (NNPC) faults Shell’s claims on $700m loss in its global earnings in 2nd quarter of 2013 due to operational challenges in Nigeria. Capital Market: Securities & Exchange Commission (SEC) inaugurates Committee of Chief Compliance Officers to halt financial crimes -Ms Arunma Otteh (Director-General, SEC).