The Petroleum Training Development Fund (PTDF) has given scholarships to 60 students to study oil and gas-related courses at Ostfold University College in Fredrikstad, Norway.
The Executive Secretary of the PTDF, Dr Oluwole Oluleye, said this recently in Abuja at the departure ceremony organised for the students.
Oluleye, who was represented by Mr Balarabe Ahmad, the General Manager (Administration and Human Resources) of the Fund, said that the programme was organised in partnership with United Nations Institute for Training and Research.
He said that the programme was also part of the PTDF’s intervention efforts in the Niger Delta area and other parts of the country to empower the youth.
He said the students, 12 girls and 48 boys, were selected from various secondary schools across the country, adding, however, that 70 per cent of them were from the Niger Delta region.
Oluleye noted that the Fund was known for training people via local and overseas scholarship schemes at postgraduate levels, adding that it decided to extend the scheme to cover undergraduates because of the success of the programme.
“The Fund decided that it would also be beneficial to Nigeria if youths are given the opportunity to explore various undergraduate programmes under the Amnesty Programme of the Federal Government.
“The Federal Government has designed various programmes to engage our youths in such a way that they will contribute meaningfully to national development, while steering them away from militancy and mischief,’’ he said.
Oluleye warned the students against being carried away by the euphoria of their success in the selection process, advising them to rather work hard and make the country proud.
In his speech, Mr Hammed Galadima, the General Manager (Education Programme) of the Fund, said that there were more than 600 Nigerian students studying in various universities across the world under the aegis of the PTDF
He advised the students to abide by the terms of the scholarship which, he said, excluded the extension of the programme due to poor performance.
“There will be no room for you to repeat; you should ensure that that you finish your programme within the given time,’’ he warned.
One of the students, Doubre Peter, who is from Warri, Delta, thanked the Federal Government for the opportunity given to him through the scheme, pledging to make Nigeria proud.
Mohammed Mohammed, another beneficiary from Salisu International Secondary School, Katsina, said that the award was a rare gesture, stressing that he would make the best out of it.
A female beneficiary, Isu-Sylvanus Aresuo, who is from Balyesa, said that the scholarship would give her life a meaning, adding that she would strive to contribute her own quota to Nigeria’s development.
Partners Execute Shareholder Agreement For Brass Products Terminal
The Nigerian National Petroleum Corporation, (NNPC), along with their partner, the Nigerian Content Development & Monitoring Board, NCDMB, and Zed Energy have executed a shareholders’ agreement for the establishment of a 50 million litre Petroleum Products Terminal in Brass, Bayelsa State.
The N10.5 billion Brass Petroleum Products Terminal project is expected to deliver an automated 50 million litre depot with two-way product jetty, automated loading bay, and 6 automated tanks for storage of 30 million litres of Premium Motor Spirit (PMS)and 20 million litres of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK).
While speaking at the signing ceremony, the Minister of State for Petroleum Resources, Chief Timipre Sylva commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of the area.
“I make bold to say today without any fear of contradiction that no President has impacted the people of the Niger Delta like President Muhammadu Buhari. Aside from what we are witnessing today, remember there is also the Brass Fertilizer & Petrochemical Company, the Oloibiri Oil and Gas Museum and the Oil & Gas Park in Ogbia, all under Mr. President,” the Minister stated.
Sylva added that the establishment of the Terminal further demonstrates Mr. President’s commitment to the enhancement of the livelihood of the Niger Delta people particularly, the riverine communities in Bayelsa State where people purchase products at exorbitant prices due to logistics challenges associated with transporting products to that area.
Speaking shortly after signing the agreement, the Group Managing Director of the NNPC, Mallam Mele Kyari said the Corporation was proud to be part of the project which aside ensuring products availability in all nooks and crannies of the Niger Delta, will also guarantee the nation’s energy security and generate employment.
“This Terminal will create 1,000 direct jobs during the construction phase, and over 5,000 indirect jobs during its operation. Considering the potential for employment when completed, this will definitely reduce youth restiveness in the Niger Delta area and will also address the problem of illegal refining in the area,” Kyari stated.
In his remarks, the Executive Secretary of NCDMB, Simbi Wabote stated that this milestone was as a result of strong interagency collaboration and public-private sector partnership.
“The NCDMB will continue to drive such partnerships across the industry to bring development in Nigeria,” he noted.
Earlier, the Coordinator of the Project and Group General Manager, National Petroleum Investment Management Services (NAPIMS), Mr. Bala Wunti stated that the project would enhance the economics of marine petroleum products distribution.
Senate Hails NNPC’s Drive Towards Profitability
The senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards attaining profitability and stamping out corruption from its system.
Chairman, Senate Committee on Anti-corruption and Financial Crimes, Suleiman Abdu Kwari, gave the commendation at a hearing which was held at the national assembly complex, Abuja.
Kwari said it was heart-warming to learn that the NNPC was making great strides towards profitability and urged the corporation to sustain the gains recorded so far for the good of the country.
In his presentation at the hearing, Mele Kyari, the group managing director of NNPC, said the corporation was championing the fight against corruption in the oil and gas industry by placing measures to curb incidences of corruption across its various business portfolios and by enlisting as a partner company of the Extractive Industries Transparency Initiative (EITI).
He also said that the corporation has reported several incidences of infractions such as products diversion and crude oil theft to the police, EFCC and other investigating agencies of the federal government to stem corruption within the oil and gas industry.
In an effort to clampdown on fuel smuggling, the ministry of petroleum resources launched the operation white project in October 2019 to monitor and track the movement of petroleum products in the country.
Also in February 2021, the Department of Petroleum Resources (DPR) launched the downstream remote monitoring system (DRMS) to track the movement of petroleum products from depots to retail outlets.
“We have created an anti-corruption desk in NNPC that engages the Economic and Financial Crimes Commission (EFCC) and other anti-corruption agencies on a regular basis,” NNPC GMD said.
“The desk ensures that in all our operations, every staff complies to the code of conduct procedures with consequence management.
“We have established a regulatory compliant governance charter and transparency policy; this is a mark of our compliance to the anti-corruption strategy.
“For the first time in 43 years, NNPC, as a part of the evolving culture of transparency and accountability, published its Audited Financial Statements (AFS) for 2018 and 2019. We are going to publish that of 2020.
“The AFS is the only document that tells how a company does its transaction. We are happy that by the time the 2020 AFS will be published, Nigerians will see the dividends of our accountability.”
Chevron Spends $10bn On Nigerian Suppliers, Service Providers
Chairman/Managing Director, Chevron Nigeria Limited (CNL), Rick Kennedy, said the company has in the last 10 years spent an estimated annual average of $1 billion on Nigerian suppliers and service providers in line with its commitment to Nigerian Content Development.
Highlighting the opportunities and new approaches to the future of hydrocarbons at the ongoing 2021 NIPS in Abuja, Kennedy stressed the need for robust policies and regulations to address and remedy existing challenges in the oil and gas industry; digital technology/innovations; cost efficiency initiatives; sustained social investments as well as continued support for Nigerian Content Development.
Kennedy, who was represented by Monday Ovuede, director, NNPC/CNL Joint Venture, identified opportunities in lowering carbon emissions and harnessing Nigeria’s gas resources as key enablers in complementing the new approaches to future of hydrocarbons in the Nigerian oil and gas industry in the post COVID-19 era.
According to him, the global community has continued to scale up the collaboration towards lower carbon emissions, adding that Chevron supports global efforts to reduce carbon emissions and is actively investing in operations to improve environmental performance while also working with industry to develop new innovative technology and best practices to achieve these objectives.
He emphasised that CNL’s gas strategy is to end routine gas flaring and build a profitable gas business through a portfolio of projects, and stated that in Nigeria, CNL, with its joint venture (JV) partners, the Nigerian National Petroleum Corporation (NNPC), has progressively reduced routine gas flaring by over 95% in the past 10 years and remained ahead in terms of maximising supply of on-spec gas into the Nigerian domestic market.
He also highlighted the NNPC/CNL’s Gas Sales and Aggregation Agreements with Egbin Power Plc, Dangote Fertilizer Limited, and Olorunsogo Generation Company Limited, while mentioning the positive impact of the West African Gas Pipeline (WAGP) through which Nigeria supplies gas to countries in the West African sub-region – specifically, Ghana, Togo, and Benin – thus, helping to boost economic development in West Africa.
Kennedy also noted that Chevron has joined other energy companies supporting the Methane Guiding Principles to reduce methane emissions from natural gas exploration and production operations through digital innovation and deployment of best practices, which include designing, constructing, and operating its facilities in a manner to reduce emissions from its operations.
- Niger Delta5 days ago
Rep Woos Stakeholders Over FMC Bill
- Business5 days ago
Lawmakers Want CBN To Halt Naira Devaluation
- News5 days ago
Buhari Parries Question On Twitter Ban
- Politics5 days ago
Previewing Nigeria’s New Democracy Day
- Entertainment5 days ago
Nollywood Veteran Actor, Bruno Iwuoha Bows Out
- Politics5 days ago
Senators Rate 9th National Assembly High
- City Crime2 days ago
10 Offenders Convicted Under Anti-Piracy Law – NIMASA DG
- Politics5 days ago
Anambra: INEC Publishes Official Election Notice