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Nigeria Records $434m Oil, Gas Sales In Jan – NNPC

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The Nigerian National Petroleum Corporation (NNPC) says the country recorded crude oil and gas export sales of 434.85million dollars in January.
The corporation disclosed this in it’s Monthly Financial and Operations Report released in Abuja, yesterday.
The sales, the NNPC said, represents an increase of 94.30 per cent pitched against the December 2019 figures.
It said that the month’s crude oil export sales contributed 336.65million dollars (77.42 per cent) of the dollar transactions for the period, compared to the 136.36million dollars sales in the previous month.
It added that export gas sales in January amounted to 98.20 million dollars even as it noted that 2019 to January 2020 crude oil and gas transactions valued at 5.18billion dollars were exported. The report added that the vandalism of NNPC pipelines across the country recorded a phenomenal spike of 50 per cent increase in January.
“60 pipeline points were vandalized, compared to the 40 incidents recorded in December 2019.
“Atlas Cove-Mosimi and Mosimi-Ibadan axis pipelines accounted for 50 per cent and 17 per cent of the breaks respectively, while all other routes accounted for the remaining 33 per cent,” it said.
The report stated that to ensure steady supply and effective distribution of Premium Motor Spirit, otherwise called petrol, across the Country, 1.20billion litres of the white product, translating to 38.68mn liters/day, were supplied for the month.
It noted that the corporation had continued to diligently monitor the daily stock of fuel to achieve a smooth distribution of petroleum products and zero fuel queue across the nation.
In the gas sector, NNPC revealed that out of the 253.09billion cubic feet (BCF) of gas supplied in January, a total of 151.16BCF of gas was commercialised, consisting of 36.20BCF and 114.96BCF for the domestic and export market, respectively.
This, it said, translated to 1,167.80million standard cubic Feet (mmscfd) of gas supply to the domestic market, with 3,708.23mmscfd of gas supplied to the export market during the month.
The report further stated that 59.89 per cent of the average daily gas produced was commercialised, while the balance of 40.11 per cent was re-injected, used as Upstream fuel gas or flared. Gas flare rate was 7.90 per cent for the month under review.
According to the report, it is 643.59mmscfd, compared with an average gas-flare rate of 8.46 per cent i.e. 671.40mmscfd, for the period January 2019 to January 2020.
“Out of the 1,167.80mmscfd of gas supplied to the domestic market in January 2020, about 639.70mmscfd of gas, representing 54.78 per cent, was supplied to gas-fired power plants.
“The balance of 528.10mmscfd or 45.22 per cent was supplied to other industries,” it said.

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ICT Skills’ll Deliver Economic Independence To Nigerian Girls – NITDA

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The National Information Technology Development Agency (NITDA) has said that if Nigerian girls are taught relevant Information and Communication Technology (ICT) skills at a young age, they will be set up for economic independence in future.
The Agency who made this remark through a press release signed by its Head, Corporate Affairs and External Relations, Mrs Hadiza Umar, joined the global community to mark the “Girls in ICT Day.” The day which is marked annually on the fourth Thursday in April falls on the 23rd April this year.
In the statement, Mrs Umar said that the Agency is highlighting the need to promote technology career opportunities for girls and women in ICT, the world’s fastest growing sector.
She said, “During this year’s celebration, NITDA is drawing attention to the critical need for more girls and women to participate actively in the ICT sector of our economy. The International Telecommunications Union (ITU) had estimated skills shortfall of over two million jobs in the ICT sector within the next few years. This opens a huge opportunity for girls and young women who have the ability to learn Coding, Apps Development, Computer Science and other ICT related courses.
“This will not only make them ready for a successful career in the ICT sector, but ICT skills are rapidly becoming a strong advantage for students in just about any other field they might choose to pursue. With technology playing vital role in all manner of careers, from Arts to Social Sciences, and from Law to History, to Graphic Design, learning ICT skills at a young age will set girls up for economic independence. Furthermore, the ICT sector needs more girls and women and celebrating a day like this reminds us that ICT helps to improve the lives of people everywhere.
“It contributes significantly towards better healthcare, better environmental management, better communication, and better educational systems that transform the way children and adults learn. NITDA, in its proactive manner and in line with the National Digital Economy Policy and Strategy as well as in furtherance of bridging the gender imbalance in ICT in Nigeria, has embarked on series of Capacity Building programmes for women and girls across the country. Girls with ICT skills can expect to earn good wages and enjoy huge career opportunities.

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Keystone Bank Disowns Ex-staff, Fake Investment Company

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Keystone Bank Limited has alerted customers of the activities of one Mr. Obinna Onuselogu, who parades a company, Triple C Investment Limited, as an affiliate of the bank with the aim of defrauding unsuspecting members of the public.
The bank, in a statement yesterday, said Onuselogu, who used to be a staff, was no longer in its employ.
It added that anyone who transacts any business with him purportedly in the name of the bank does so at his/her own risk.
“Please note further that Keystone Bank is neither related nor affiliated to any company known as Triple C Investment Limited, which Mr. Onuselogu claims to be its chief executive officer.
“Anyone who transacts any business with him purportedly in the name of Keystone Bank does so at his/her own risk,” the statement said.
It was learnt that the ex-staff has been using the name of the bank and its executives claiming to be in partnership with the bank with the intent of defrauding unsuspecting members of the public.
The bank said it was working on a legal process and security agents to put an end to the unscrupulous activities of the so-called Tripple C Investment and its agents.

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Fishermen Union Warn Against Dead Floating Fish Consumption

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The Bonny Indigenous Fishermen’s Cooperative Union has set up a 20-man task force to work with the police and arrest any person or group of persons found with the polluted floating fish along Bonny sea and creeks.
President of the union, comrade Promise Bristol, made this known in a chat with newsmen in Bonny.
Bristol observed that a large quantity of different species of fish were found dead, floating on the sea, from the Atlantic Ocean to the communities and fishing ports in Andoni and Bonny Local Government Areas.
According to him, the species of fish included croaker, popularly known as “broke marriage”, “shine nose”, mackerel, among others.
Bristol lamented that the incident had brought untold hardship to the fishermen in the areas, saying that fishing is their only source of livelihood and appealed to government at all levels to come to their aid.
Bristol said the cause of the death of the fishes was unknown and warned members of the public against their consumption, pointing out that consumption of such fishes could be detrimental to human health.

 

Tonye Nria-Dappa

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