Nation
Petroleum Imports Gulp N2.2trn In Nine Months, NBS Confirms
The Federal Government spent N2.17trillion in the first nine months of 2020 on importation of petroleum products into the country.
The petroleum products, according to the latest data obtained from the National Bureau of Statistics (NBS), consists of mineral fuels like Natural gas, oil, Bituminous coal, amongst others.
A breakdown of the nation’s spending on the importation of these products shows that a total of N1.25trillion was spent in the first quarter of the year, Q1’20, represented by N662.2billion, N290.6billion and N299.8billion in January, February and March.
Apparently, due to the outbreak of the Covid-19 pandemic which led to a nationwide lockdown, the spending on the importation of petroleum products declined significantly in the second quarter of the year (April to June) to N221.3billion.
The nation’s petroleum import for Q2’20 shows an 821% decline when compared to the first quarter import statistics.
However, in the third quarter of the year, the country recorded another sharp increase in spending on petroleum products importation at N700.4billion, at the time the government relaxed the lockdown.
Europe topped Nigeria’s highest source of the imports, as a total of N593.3billion was spent in sourcing the products from the continent, while Asia came second with N61.4billion, followed by America N37.2billion.
Surprisingly Nigeria also imported petrol from African countries spending a total of N8.6billion.
Meanwhile, stakeholders across the nation have continued to lament on the state of the nation’s petroleum industry.
Available statistics show that Nigeria holds 37 billion barrels of proven oil reserves as of 2016, ranking 10th in the world and accounting for about 2.2 per cent of the world’s total oil reserves of 1.65 trillion barrels.
Nigeria has proven reserves equivalent to 237.3 times its annual consumption.
This means that, without Net Exports, there would be about 237 years of oil left (at current consumption levels and excluding unproven reserves).
Globally, Nigeria stood at 37th in oil consumption, accounting for about 0.4 percent of the world’s total consumption of 97 million barrels per day.
Nigeria consumes 0.10 gallons of oil per capita per day or 35 gallons per capita per year. Refineries operations Nigeria also have four refineries situated at Kaduna, Warri and two in Port Harcourt, but they are all in a series of challenges plaguing the fate of its productivity, as they have failed to produce any petroleum product in the past three years.
Despite this abundance the nation’s four refineries processed no crude and combined yield efficiency is zero percent in the first nine months of 2020.
Though industry authorities have claimed that this flat output was, due, largely to on-going rehabilitation works in the refineries, records show that the output position has been less than 10 percent of installed capacity in the last 10 years.
However, the authorities are of the view that despite the deplorable operational state attributable to the ongoing revamping of the refineries, the efforts are expected to further enhance capacity utilization once completed. In its latest operational report, the Nigeria National Petroleum Corporation (NNPC), stated that, “The Corporation has been adopting a Merchant Plant Refineries Business Model since January 2017. The model takes cognizance of the Products Worth and Crude Costs.”
A cumulative of the combined value of output by the four refineries (at Import Parity Price), along with the operational expenses in the first eight month of 2020 amounted to an operating deficit of N74.8billion.
This shows a decline of 28 percent when compared to the corresponding period of 2019 which recorded N104billion.
It was gathered that there was no associated crude plus freight cost for the refineries since there was no production.
The Petroleum Product Marketing Company (PPMC), a subsidiary of NNPC, sold a total of 9.86 billion litres of petroleum products between January and August, 2020.
This is a decrease of 30 percent when compared to 14.108 billion litres sold in the corresponding period of 2019.
The decrease, according to the corporation, is as a result of low operational activities due to the outbreak of Covid-19 pandemic.
The Department of Petroleum Resources (DPR), has assured Nigerians of petroleum products’ availability and stable fuel supply in the country at all times on the strength of its import dependency.
The DPR also cautioned oil marketers against engaging in sharp practices that are capable of distorting products supply.
The DPR stated that there are sufficient petroleum products nationwide, while it also advised petroleum products marketers against hoarding and creating artificial scarcity of the commodity.
The apex petroleum industry regulator promised to intensify its monitoring and surveillance of petroleum products outlets to ensure compliance with quality, quantity and safety of operations in line with its regulatory mandate.
It also advised consumers to report any infraction, such as under dispensing of petroleum products at any filling station to any DPR office nationwide.
The DPR restated its commitment to safety and advised consumers to observe all necessary safety protocols in the handling of petroleum products especially at this season of harmattan.
It further assured Nigerians that it would continue to initiate appropriate initiatives to enable business and create opportunities for investors and stakeholders in the oil and gas industry in Nigeria.
In another development, the NNPC has advised against the precipitous relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country, in order to avoid dislocation in the supply and distribution chain of petroleum products across the country.
The corporation made the submission at a hearing by the House of Representatives’ Ad-hoc Committee on Relocation of Tank Farms in Residential Areas of Ijegun, Kirikiri.
While presenting the position of NNPC at the hearing, Group Managing Director, Mallam Mele Kyari, stated that NNPC was not averse to the relocation of petroleum products tank farms and depots sited in residential areas but would rather that it be carried out in a planned manner so as not to cause disruption in the fuel supply and distribution chain.
According to Kyari, “Tank farms and depots were a major artery for receiving and distributing imported petroleum products to all parts of the country and that their abrupt relocation could trigger a crisis not only in the downstream sector but also in the nation’s economy in general”.
Nation
Sachet Alcohol Fuels Binge Drinking Among Nigerian Youths, Group Warns
The Standard Bearers (SB) Islamic Organisation has raised concerns over the growing rate of binge drinking among Nigerian youths, attributing the trend largely to the widespread availability of sachet alcohol.
The group’s position follows the recent move by the National Agency for Food and Drug Administration and Control (NAFDAC) to enforce a ban on alcoholic beverages packaged in sachets and bottles below 200 millilitres.
In a statement jointly signed by its National Coordinator, Dr. Nurudeen AbdulRaheem, and National Secretary, Malam Qaasim Adegbuyi, the organisation declared its full support for NAFDAC’s decision, describing it as a timely and necessary public health intervention.
AbdulRaheem noted that sachet alcohol, often sold for as little as ?100, has made excessive drinking more accessible, particularly to young people and minors. According to him, the affordability and small packaging of such products have worsened binge drinking, youth addiction and community insecurity.
He explained that binge drinking involves consuming multiple alcoholic drinks within a short period, typically within two hours, a practice that can lead to severe physical and mental health complications as well as legal and social problems.
The SB National Coordinator cited global health data indicating that alcohol is responsible for more than three million deaths annually worldwide and remains a major contributor to road accidents, violence, liver disease and mental health disorders.
While acknowledging concerns from industry stakeholders over the economic implications of the ban, AbdulRaheem maintained that public health considerations must take precedence.
“Public health and the protection of young lives must come first,” he stated, adding that Islamic ethical values, like many societal norms, emphasise the protection of life, intellect and family stability.
The organisation urged NAFDAC and the Federal Government to remain resolute in implementing the policy while also providing transition support for businesses that may be affected by the ban.
According to the group, the enforcement of the ban represents a significant step toward promoting a safer and healthier society.
By Favour James
Nation
HYPREP Unleashes 100 Ogoni Youths Into Maritime Industry …Tasks Them On Discipline, Safety
The Hydrocarbon Pollution Remediation Project (HYPREP) has successfully concluded its Seafarers Training Programme for 100 Ogoni youths, positioning them for opportunities in the competitive global maritime industry.
The beneficiaries, who underwent four months of intensive training at Charkin Maritime Academy, Port Harcourt, received their certificates during a close-out ceremony held on Tuesday, February 10, 2026. The event was attended by top management staff of HYPREP, the HYPREP Project Support Lead and Representative of Renaissance Africa Energy Company Limited, the Executive Director of Training and Strategic Planning of Charkin Maritime Academy, the Head of the Seafaring Department, the Principal Consultant of DCL Consulting Firm, and other dignitaries.
Addressing the graduates, HYPREP Project Coordinator, Prof. Nenibarini Zabbey, described the ceremony as a celebration of hard work, dedication, and the beginning of a new chapter in the lives of the young beneficiaries.
He said the graduation symbolises vision, resilience, and hope — hope translated into skills, certificates, and tangible opportunities for a better future for Ogoni youths.
According to him, the passing-out ceremony marks an important milestone in HYPREP’s mandate to restore livelihoods and promote sustainable development in Ogoniland. He urged the beneficiaries to make productive use of the skills and certifications acquired.
“These skills and achievements should not end here but serve as a springboard for self-reliance, dignity of labour, and long-term economic empowerment for the good of Ogoniland and Nigeria,” he stated.
Prof. Zabbey noted that the seafaring programme is significant not only to the beneficiaries but also to HYPREP’s broader livelihood restoration strategy and the Federal Government’s blue economy agenda.
He explained that by equipping the youths with globally relevant maritime skills, HYPREP is opening alternative income opportunities while discouraging oil theft, artisanal refining, re-pollution, and other environmentally harmful practices. He added that the initiative aligns with the directives of the 2016 HYPREP Establishment Gazette and reinforces the Project’s commitment to implementing the recommendations of the UNEP Report on Ogoniland.
Commending Charkin Maritime Academy as a dependable training partner, Zabbey described the institution as one of the foremost maritime training centres in the country.
“This partnership has delivered high-quality results today, and we intend to expand it as we intensify efforts to provide sustainable alternative livelihoods for the Ogoni people,” he said.
He expressed confidence in Ogoni youths as drivers of unity, peace, and progress, noting their resilience and commitment to peace in the area. He reaffirmed HYPREP’s commitment to supporting the aspirations of youths and women in Ogoniland.
The Project Coordinator likened knowledge and certificates to fuel in a vehicle, stressing that they are meant to propel the graduates toward greater heights.
“We hear your voices calling for restoration, and today, environmental and livelihood restoration are gradually unfolding before your eyes, bringing renewed hope. We continue to lay brick upon brick, building pillars of Ogoni development, as evidenced by the Centre of Excellence for Environmental Restoration (CEER), which is 93 per cent completed,” he added.
He emphasised that HYPREP’s approach integrates all projects and interventions toward achieving environmental sustainability and long-term development in Ogoniland.
Also speaking, the HYPREP Project Support Lead and Representative of Renaissance Africa Energy Company Limited, Engr. Ehioze Igbinomwahia, said the graduates had gained not only technical maritime skills but also discipline, resilience, and confidence to compete globally.
He described their graduation as the beginning of a new journey and noted that the UNEP Report emphasised that environmental restoration must be complemented by sustainable livelihoods, capacity building, and youth empowerment.
“Without empowering people, restoration cannot be complete. Programmes such as this maritime training represent practical steps toward creating employment pathways, dignity, and long-term community stability,” he said.
Engr. Igbinomwahia added that Renaissance Africa Energy Company Limited remains committed to supporting environmental recovery, human capacity development, and sustainable economic opportunities in Ogoniland and the wider Niger Delta.
Highlighting the importance of discipline and safety, he urged the graduates to be ambassadors of professionalism and integrity.
“The sea you are about to enter is vast and sometimes challenging, but it is also full of opportunity. Let discipline guide your actions, let safety remain your constant companion, and let your character speak for you wherever you go,” he advised.
Similarly, the Executive Director of Training and Strategic Planning at Charkin Maritime Academy, Captain Joseph Awodeha, who represented the Chairman, Dr. Charles Wami, emphasised discipline and safety as critical to career success in the maritime sector.
The Head of the Seafaring Department, Captain Jonathan Hammond, urged the graduates to remain humble and disciplined, noting that such virtues are essential for career growth.
In his remarks, the Principal Consultant of DCL Consulting Firm, Barrister Dornu Baridan, commended the beneficiaries for successfully scaling through the
rigorous selection process and completing their training as seafarers.
Nation
Nigerian Society of Engineers Inaugurates 14-Member Executives In Rivers”
The Nigerian Society of Engineers, Port Harcourt Branch, Rivers State, has elected 14 member executives to lead the organization for the 2025/2026 year. Engr. Belema Fubara Ekine, FNSE, is the 23rd chairman.
The inauguration ceremony, held at the Engr. Ishmael A. Branch Secretariat, 3 Benard Carr Street (Waterworks Yard), Port Harcourt, attracted members of the engineering profession from within and outside the state.
Other elected executives include:
Engr. Samuel H. Kwelle, MNSE – Vice Chairman
Engr. Dr. Promise Jumbo, FNSE – General Secretary
Engr. Priye P. K. Lawson, MNSE – Assistant Secretary
Engr. Patrick O. Udegbunam, MNSE – Treasurer.
Others are Engr. Hilda D. Batubo, MNSE – Financial Secretary
Engr. Bowei M. Dauseighe, MNSE – Technical Secretary
Engr. Charles O. Okwakpam, MNSE – Assistant Technical Secretary
Engr. Agnes Komolafe, MNSE – Membership Secretary
Engr. Dike N. Livingstone, MNSE – Publicity Secretary
Also elected are Engr. Ayebaye Daniel Wanatoi, MNSE – Welfare Secretary
Engr. Oribiokpomari I. Comfort, MNSE – Internal Auditor
Engr. Dr. Idaeresoari Harriet Ateke, FNSE – Immediate Past Chairman
Engr Dr Hachimenum Amadi, FNSE (Ex-Officio)
In his a goodwill message, the Secretary to the Rivers State Government, Hon. Frederick Anabraba, urged the new executive to maintain high ethical standards and move the association forward.
In his acceptance speech, the newly elected chairman, Engr. Belema Fubara Ekine, FNSE, promised an inclusive administration and teamwork, focusing on collaboration with stakeholders. He had begun building partnerships with Rivers State University and the University of Port Harcourt.
The highlight was the inauguration lecture, “Engineering Solution for Security, Energy Access and Sustainable Development,” delivered by Engr. Victor Bandele, Deputy Managing Director, Deepwater Assets, TotalEnergies EP Nigeria Limited.
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