No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
No Result
View All Result
No Result
View All Result

BNP-Mengal demands 50pc profit for Balochistan govt in Reko Diq deal

News Desk by News Desk
January 3, 2022
in National, Politics
Reading Time: 1 min read
Reko Diq

QUETTA: Balochistan National Party (BNP-Mengal) president Sardar Akhtar Jan Mengal has categorically stated that the party would not settle down for anything less than 50 per cent profit for the Balochistan government in the Reko Diq gold project. He was addressing a press conference here on Sunday.

Mengal demanded of the authorities a 50pc share for the Balochistan government, stating that a refinery be set up so as to determine the exact quantity of gold and other minerals that have been extracted. Mengal said that a protest would be lodged by his party and others if the agreement was, in any way, found against the interests of the locals of the province.

Mengal also took the opportunity to dispel the notion that is usually associated with his party, stating that the BNP-Mengal was not an anti-development people, instead it was against the exploitation of the province’s resources at the pretext of development.

Citing the example of Sui gas, Mengal said that 45pc of the country was provided gas by the Sui reserves whereas the locals had to resort to burning firewood. He also criticised the CPEC stating that it was termed as a project that would change the fortunes of the whole region, however, people were still deprived of basic necessities.

News Desk

News Desk

Related Posts

Killed
Latest News

Young trader killed during robbery bid in Karachi

December 2, 2024
KSE-100 index lose over 500 points as PSX experiences negative trend
Business

PSX soars over 1,200 points amid optimism on inflation and interest rate cuts

December 2, 2024
PTI suspends Islamabad protest following deadly clashes, appeals for justice
Featured

PTI suspends Islamabad protest following deadly clashes, appeals for justice

November 27, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

Killed

Young trader killed during robbery bid in Karachi

by News Desk
December 2, 2024

A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according...

KSE-100 index lose over 500 points as PSX experiences negative trend

PSX soars over 1,200 points amid optimism on inflation and interest rate cuts

by News Desk
December 2, 2024

The Pakistan Stock Exchange (PSX) maintained its bullish momentum on Monday as the benchmark KSE-100 index surged 1,248.84 points, or...

PTI suspends Islamabad protest following deadly clashes, appeals for justice

PTI suspends Islamabad protest following deadly clashes, appeals for justice

by News Desk
November 27, 2024

The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in...

PSX in boorish trend for second consecutive day; benchmark KSE-100 index lost over 700 points

KSE-100 Index surges over 600 points amid banking sector rally

by News Desk
November 25, 2024

Bullish sentiment dominated the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index climbed 621.85 points, or 0.64 per...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut

Copyright © 2022 The Upcut. All rights reserved.

Go to mobile version