O’Neill

O’Neill calls for support in all sectors

http://www.looppng.com/content/o%E2%80%99neill-calls-support-all-sectors

Prime Minister Peter O’Neill has called on leaders to be pro-active in sectors such as small and medium enterprises, and agriculture, and must broaden the country’s economic base.

Marie Stopes opens new centre in North Bougainville

Opposition Leader Don Polye questioned why Mr O’Neill intends to mortgage the 4.27% equity interest of the LNG landowners and affected provinces for another loan of K2.5 billion through the issue of the sovereign bond.

Hela Governor Anderson Agiru, who over the recent week questioned the PM over the delay in the LNG payment to the landowners, walked out of Parliament as O’Neill got up to answer the questions.

Mr Polye wanted to know why there was an increase in the bond from K700 million kina as per the budget to K2.5 billion.

They also were welcomed by Prime Minister Peter O’Neill and his wife Lynda Babao-O’Neill.

Mr O’Neill  welcomed the visit by the chairman and chief executive officer of ExxonMobil Corporation, Mr Rex W. Tillerson, and senior executives who visited Papua New Guinea this week.
The Prime Minister met with Mr Tillerson at a welcome function in Port Moresby yesterday, where Mr. Tillerson introduced the board of directors who had travelled from the United States.