Royalties

Minister advocates using oil royalties to fund education

Agência Brasil
09/07/2015 19:07
Visualizações: 2453 (0) (0) (0) (0)

The minister of Education, Renato Janine Ribeiro, spoke out Wednesday (July 8) for the use of Brazil's oil profits from the pre-salt production to fund education. According to him, this is a “crucial” resource for the sector, especially at a time when the population is concerned about tax increases.

 

“We welcome all resources that don't come from taxes. It's important to make sure we don't waste something that took billions of years to build up [oil], but use it to build long-lasting foundations,” the minister said.

 

Janine's statements were made during a public hearing held by the Senate Committee on Education, Culture, and Sports, which provided a review of the first year of the National Education Plan (PNE). During the meeting, representatives from education-related organizations presented their manifesto to the minister and the senators, urging them to fulfill the PNE targets.

Most Read Today
see see
Recognition
IBP Wins the “Events Oscar” Once Again with ROG.e 2024
11/12/25
FIRJAN
Rio Could Generate 676,000 New Jobs by Stimulating Nine ...
11/12/25
Inland Navigation
Grease-Free Revolution in Latin America’s Workboat Sector
10/12/25
PPSA
Production-Sharing Contracts to Produce 2 Million Barrel...
10/12/25
Recognition
National Public Transparency Program Grants Transpetro I...
10/12/25
Logistics
Transpetro expands its logistics operations with the int...
09/12/25
Auction
PPSA raises around R$ 8.8 billion from the sale of the F...
08/12/25
PPSA
Petrobras announces results of PPSA’s Non-Contracted Are...
08/12/25
Niterói
Niterói concludes second edition of Tomorrow Blue Econom...
02/12/25
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
Company News
Belga Marine and Global Maritime Announce Strategic Part...
21/11/25
Niterói
Tomorrow Blue Economy sets Niterói in motion in the coun...
13/11/25
Cop30
ANP Participates in the Event and Advances Measures for ...
13/11/25
FIRJAN
Enaex 2025 Discusses Reindustrialization, Brazil’s Compe...
13/11/25
Mossoró Oil & Gas Energy 2025
Mossoró Oil & Gas Energy to Feature Strategic Debates in...
13/11/25
Company News
Norsul becomes the first company in Latin America to ado...
11/11/25
ADIPEC 2025
From energy to intelligence to impact: ADIPEC 2025 sets ...
07/11/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.