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Oil Theft: Navy Chief Accuses IOCs

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International oil companies (IOCs) operating in Nigeria have been accused of complicity in the theft of the country’s crude oil.
Chief of Naval Staff, Vice Admiral Usman Jibrin, made the accusation while speaking at a meeting of the top leadership of the Navy and the managing directors/chief executive officers of the IOCs in Abuja on Wednesday.
He also said that the Navy would not pretend about the involvement of the oil firms in crude oil theft.
Jibrin said it took him seven and a half months since his appointment to call the first meeting between the Navy and the firms to discuss serious issues of concern in the oil sector, which included oil theft and illegal bunkering.
The Navy boss also explained that he made it clear that the CEOs should attend the meeting in person without representation because of the need to discuss the issues, which he described as disturbing, but regretted that the request was ignored.
Jibrin said some of the oil firms had deliberately left the manifolds of their oil wells open for years without conscious efforts to close them in spite of the fact that only experts had the capacity to reopen closed manifolds.
He warned that the Navy would ensure the arrest of executives of the IOCs who decided to leave the manifolds of their wells open for years without closing them.
He also threatened to deal with any naval officer found to have been involved in the criminal theft of the nation’s oil resources in accordance with the laws guiding the Armed Forces of Nigeria.
The CNS warned that the Navy would go beyond accusing the firms to mentioning names of those suspected to be involved in the theft of the nation’s resources.
Jibrin wondered why the oil chiefs had not given the expected cooperation in the bid to seek a concerted solution to the raging issue of oil theft.
He said the time had come for the oil firms and the security agencies to seek solutions to the issue of oil theft in the country.
Jibrin said, “This is the first meeting I am having with the oil firms to discuss the issue of oil theft and illegal bunkering. It took us seven and half months to call this meeting, and specifically, we said we don’t want representation.
“We have a serious challenge and we need the commitment of the CEOs to discuss oil theft. It has become worrisome that we have not been able to check the issue of oil wells. It has got to a point that instead of pointing accusing fingers, we will mention names, including those of the major stakeholders.
“We cannot pretend that the oil companies do not have a hand in some of these illegalities; pretending is to allow it to continue. We will not pretend. I can start by citing some examples; some companies have left their oil wells opened for years and have done nothing to close them up. Because of the technical nature of the manifolds, once they are closed, only the experts can open them. Why have they been left open for years?”
He added, “I have pictures here. Why is it that all of us cannot sit down at a round table and provide a solution? Why are we denting the image of this country? It has come to a point that we must meet, discuss and provide solutions to issues pertaining to oil theft.
“Government is worried and those of us who are agents of the government are also worried. On my part, if any of my personnel is involved, they will be dealt with adequately in accordance with the existing law of the Armed Forces.
“I have decided that I will take some steps that if the manifolds are left open for years and our attention is drawn to the need for it to be closed, we will look for and start arresting officials of the oil companies who own that and left them without taking appropriate action.”
He said that the government was taking the issue of oil theft seriously because of the loss of revenue and the inimical effects of oil theft on the environment.
Responding on behalf of the firms, the Chairman, Oil Producer Trading Services, Mr. Ayobami Olubiyi, said that the companies had also taken steps to curb the threat of oil theft.
He recalled that the Federal Government set up an ad-hoc committee on the subject, with some funds released to address the pressing issues some months ago.
He said that men of the Nigerian Navy were involved in securing the operations of the oil firm in the Niger Delta and Lagos.
Olubiyi said, “It is not just the Nigerian Navy but all who have been supporting our business. And I also want to assure you that concerning oil theft, we have taken a lot of steps. That is why in the last couple of months, an ad-hoc committee was set up by the Federal Government to look into this, and I am aware that some money had been released to help curtail this situation.
“We will continue to advocate a true platform; and as you are aware, we have a number of your officers and men who have been supporting our operations in the Delta, including Lagos. They have been very professional in the way and manner they carry out this operation; and together with the CNS, I am sure we will all be able to work to ensure that we mitigate this very unfortunate situation in our country today.”

Chairman, Rivers State Board of Internal Revenue, Onene Osila Obele Oshoko (standing), fielding questions from lawmakers when the board members appeared before the House in Port Harcourt recently. With her are State Commissioner for Finance, Dr. Chamberlain Peterside (left) and Special Adviser to the Governor on Revenue Generation, Chief Nwankwo Nwankwo.

Chairman, Rivers State Board of Internal Revenue, Onene Osila Obele Oshoko (standing), fielding questions from lawmakers when the board members appeared before the House in Port Harcourt recently. With her are State Commissioner for Finance, Dr. Chamberlain Peterside (left) and Special Adviser to the Governor on Revenue Generation, Chief Nwankwo Nwankwo.

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Two Federal Agencies Enter Pack On Expansion, Sustainable Electricity In Niger Delta

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The Niger Delta Development Commission (NDDC) has signed a Memorandum of Understanding (MoU) with the Rural Electrification Agency (REA) to expand access to reliable and sustainable electricity across the Niger Delta region.
The agreement, signed at the headquarters of the REA in Abuja, was targeted at strengthening institutional collaboration and accelerating development in underserved communities in the region.
A statement by the Director, Corporate Affairs of the NDDC, Seledi Thompson-Wakama, said the pact underscores renewed efforts by the two federal interventionist agencies to deepen cooperation and fast-track infrastructure delivery.
Speaking at the signing ceremony, the Managing Director of the NDDC, Dr Samuel Ogbuku, described the MoU as a strategic step towards realising the Commission’s vision to “light up the Niger Delta” in line with national priorities on distributed energy expansion.
Ogbuku said the agreement represents a shared institutional responsibility to deliver reliable energy solutions that will enhance livelihoods, stimulate local economies and create broader opportunities across the nine Niger Delta states.
According to him, electricity remains a critical enabler of national development, supporting job creation, healthcare delivery, education and inclusive economic growth.
He noted that the collaboration would help unlock the economic potential of rural communities while advancing broader national development objectives.
The NDDC boss added that the Commission has consistently adopted partnership-driven approaches in executing projects in the region and is prepared to support the implementation of the MoU by leveraging its community presence and infrastructure development capacity.
He reaffirmed the Commission’s commitment to working closely with the REA to ensure the timely and effective execution of the agreement.
The NDDC delegation at the event included the Executive Director, Projects, Dr Victor Antai; Executive Director, Corporate Services, Otunba Ifedayo Abegunde; Director, Legal Services, Mr Victor Arenyeka; Director, Finance and Supply, Mrs Kunemofa Asu; and Director, Liaison Office, Abuja, Mrs Mary Nwaeke.
In his remarks, the Managing Director of the REA, Dr Abba Abubakar Aliyu, described the MoU as a natural collaboration between two agencies with complementary mandates, reflecting a shared commitment to expanding access to sustainable electricity in rural communities.
Aliyu said the Niger Delta remains central to Nigeria’s economic fortunes and must be supported by infrastructure capable of driving productivity, enterprise and improved living standards, adding that the partnership signals readiness to deliver stable power to communities that have long awaited reliable electricity supply.
By: King Onunwor
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Why The AI Boom May Extend The Reign Of Natural Gas 

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Artificial intelligence is often viewed as a catalyst for electrification and subsequently decarbonization. Yet one of its most immediate effects may be the opposite of what many assume. The rapid buildout of AI infrastructure is increasing demand for reliable power, and that reality could strengthen the role of natural gas and other dispatchable energy sources for many years.
Investors focused on semiconductors and software valuations may be overlooking a key constraint. AI runs on electricity, and those electricity systems operate within physical and economic limits.
The energy sector has spent much of the past decade grappling with slow load growth. That is now changing, in a way that is reminiscent of the sharp rise in oil demand—and subsequently price—in the early 2000s.
Training large language models and operating advanced AI systems requires enormous computing resources. Hyperscale data centers are expanding rapidly, with developers requesting gigawatt-scale interconnections from utilities. In several regions, electricity demand forecasts have been revised upward after years of flat expectations.
This shift is significant because AI workloads create continuous, high-density demand rather than intermittent usage. Data centers cannot simply power down when the electricity supply becomes constrained. Reliability becomes paramount.
Wind and solar capacity continues to expand, but intermittent generation alone cannot meet the firm capacity needs of AI infrastructure without significant storage or backup generation.
Battery storage is improving, yet long-duration storage remains costly at scale. Nuclear projects face long development timelines and complex permitting hurdles. Transmission expansion also lags demand growth in many regions.
These constraints make dispatchable power sources critical. Natural gas plants can ramp quickly, operate continuously, and be deployed faster than many alternatives. As a result, gas-fired generation is increasingly viewed as a practical solution for supporting AI-driven load growth.
This does not undermine the role of renewables. In many markets, new renewable capacity is paired with gas generation to maintain grid stability. The key point is that AI-driven electrification is likely to increase fossil fuel usage in the near term.
Construction timelines favor gas-fired generation when demand rises quickly. Existing pipeline infrastructure reduces barriers to expansion. And for operators of data centers, reliability often outweighs ideological preferences. Downtime is simply too expensive.
Utilities are also revisiting resource plans as load forecasts rise. That shift may drive increased investment in transmission, grid modernization, and flexible generation assets.
The Decarbonization Story Is Complex
A common narrative holds that AI accelerates the transition away from fossil fuels because it increases electrification. The reality is more nuanced.
If electricity demand outpaces the buildout of low-carbon capacity, fossil generation may still increase in absolute terms even as renewables gain market share. Total emissions could rise, but the carbon intensity of the energy system may trend lower as cleaner sources make up a larger share of supply.
Ultimately, energy systems evolve based on engineering and economics, not just policy goals or market narratives.
Rising power demand could benefit utilities investing in transmission and generation capacity. Natural gas producers and midstream companies may see structural demand support from increased power-sector consumption. Equipment suppliers tied to grid reliability and gas turbines could also gain from the shift.
Longer term, advances in nuclear, storage, or efficiency may change the trajectory. For now, the immediate response to surging electricity demand is likely to rely on technologies that can be deployed quickly and reliably.
Artificial intelligence may reshape the economy in profound ways. One of the least appreciated consequences is that it may extend the relevance of natural gas as the world builds the energy backbone required to power the next generation of computing.
By: Robert Rapier
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Ogun To Join Oil-Producing States  ……..As NNPCL Kicks Off Commercial Oil Production At Eba

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Ogun State is set to join the comity of oil producing states in the country following the discovery and subsequent approval of commercial oil exploration activities in the Eba oil well, in Ogun Waterside Local Government Area of the state.
A technical team from the Nigerian National Petroleum Company Limited (NNPCL) has visited the area as preparations are in advanced stage for commencement of commercial drilling operations in the state.
The inspection followed President Bola Ahmed Tinubu’s approval for commercial exploration, forming part of the federal government’s efforts to deploy the required technical capacity and infrastructure for production.
Officials of NNPCL carried out the exercise alongside representatives of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and national security agencies to evaluate the site and confirm its readiness for drilling activities.
The delegation was led by Project Coordinator for Enserv, Hussein Aliyu, who headed the NNPCL Enserv technical team.
Other members included Wasiu Adeniyi, Onwugba Kelechi, Engr. Rabiu M. Audu, Ojonoka Braimah, Ahmad Usman, Akinbosola Oluwaseyi, Salisu Nuhu, James Amezhinim, Yusuf Abdul-Azeez, Amararu Isukul and Livinus J. Kigbu.
Speaking, Governor Dapo Abiodun, described the development as a landmark achievement for Ogun State, saying “the commencement of drilling at Eba would stimulate economic growth, create employment opportunities and attract increased federal presence to the state’s coastal communities.
Abiodun also expressed appreciation to President Tinubu for his support toward the development of frontier oil basins and the equitable spread of the nation’s energy resources.
Recall that geological reports had earlier confirmed the presence of hydrocarbons within the Ogun Waterside axis, leading to preliminary surveys and technical engagements by NNPCL.
The Ogun State Government also carried out an independent verification of the oil well’s coordinates, affirming the discovery is located within the state’s boundaries.
To secure the project, naval security personnel have been deployed to the site for over 18 months, with the support of the Ogun State Government, to protect the facility and its environs.
The Eba oil well is regarded as part of Nigeria’s strategic move to expand oil production beyond the Niger Delta region.
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