Nation
We Generated N2trn For Nigeria In 2020,DPR DG Confirms
The Director-General of the Department of Petroleum Resources (DPR), Engr. Sarki Auwalu has disclosed that the department generated N2trillion for the country in 2020, despite the downturn in the oil and gas industry caused by the Covid-19 pandemic.
Auwalu, who made this disclosure in Abuja, yesterday at the 2021 Society of Petroleum Engineers’ Oloibiri Lecture Series, said the DPR has grown to become a business enabler for the industry in Nigeria.
This year’s edition of the OLEF, the 30th in the series, had the theme: Operational Excellence and Portfolio Optimization, a way forward for the oil and gas industry post-Covid-19.
Auwalu, who noted that the business environment in the industry remained fragile, charged operators to eliminate inefficiencies by reducing cost, building partnerships and entrenching collaboration in the industry.
He said the department currently runs a progressive regulatory regime that incentives compliance and reward performance rather than place emphasis on infractions and penalties.
“Like I usually say to my colleagues, we want more royalties, not penalties; we want to see compliance kudos rather than non-compliance notices; we want to catch our duty holders doing something right not something wrong. In fact, our aim is to ensure that regulations and industry guidelines are issued and applied in a manner that reflects good oil field practise, internationally acceptable standards and are responsive to challenging and changing industry dynamics and global realities”, he added.
Auwalu stated that DPR has consistently exceeded the government’s revenue target by embracing systems and processes that ensure transparency and accountability in oil and gas revenue generation, computation, collection and reconciliation, as well as legacy debts recovery.
“Last year alone”, he stated, “We have generated over N2trillion for this country and we intend to exceed this value for this year”.
In his state of the industry address, the Minister of State, Petroleum Resources, Chief Timipre Sylva reiterated the Federal Government commitment to fully deregulate the downstream sector of the petroleum industry with a market-driven price of premium motor spirit, petrol.
Sylva whose address was presented by his Chief of Staff, Engr. Moses Olamide urged the SPE members to brace up to play a crucial role in the industry with the expected passage of the Petroleum Industry Bill (PIB), this year.
Also speaking, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari said the disruption caused by the Covid-19 pandemic has led the oil and gas industry into cost-cutting and survival strategies.
Represented by the Chief Operating Officer, Upstream, Engr. Adokiye Tombomieye, Mallam Kyari observed that “the industry was forced to curtail spending as it grappled with the challenges of sustaining current production levels, drilling operations, funding future growth and maintaining positive cash flow.
“There have also been declining investments in oil and gas explorations which will further affect the growth in the market”, he added.
He pointed out that in Nigeria, “the focus has been on increasing oil production, growing domestic gas utilization and maturing hydrocarbon reserves to generate revenue for the nation.
“We are also determined to increase downstream market share to guarantee energy security, investment in petrochemicals and fertilizer plants, promote the use of CNG and LPG as auto-fuels and increase domestic refining capacity”.
Nation
Gombe Opens Bid For Construction Of Three-Arm Zone Project
Gombe State Ministry of Works, Housing and Transportation has opened bids for the construction of three arms zone complexes within the Gombe Capital Special Development Zone which held at the Ministry’s conference hall.
Speaking while presiding over the bid opening proceedings, the Commissioner, Engr. . Usman Maijama’a Kallamu assured the bidders that the bid opening would be carried out using procurement process which is based on specific regulations that are credible, fair, and transparent.
The Commissioner, who was represented by the Permanent Secretary of the Ministry, Alh. Idris Yambiu Buba said that the Ministry will continue to align itself for optimal results in the implementation of government policies and projects in line with Governor Muhammadu Inuwa Yahaya’s commitment to bringing development to the State.
While assuring the bidders of a transparent process, the SSA to the Governor on Special Project, Arch. Yakubu Mamman thanked Governor Muhammadu Inuwa Yahaya for his foresight in infrastructural development of the State, adding that government is committed to ensuring that all bidders had an equal chance to participate and compete based on merit to maintain standards and specifications.
Nation
Gov Mbah Signs Bill To Establish Teaching Hospital In Enugu
Governor of Enugu State, Dr Peter Mbah, yesterday, signed the Enugu State University of Medical and Applied Sciences (SUMAS) Teaching Hospital Bill 2024 into Law, promising to expedite action to actualise the teaching hospital immediately to provide quality training and healthcare services in the Enugu North part of the State and the State in general.
Mbah, while commending the Enugu State House of Assembly for accelerating action on the processing and passage of the Executive Bill, said that establishing SUMAS Teaching Hospital was in line with his manifesto.
He said, “What we have done by signing into law the Enugu State University of Medical and Applied Sciences Teaching Hospital Bill is that we now have in place a legal framework to immediately begin to put in place all that is required to upgrade SUMAS to a teaching hospital. This is part of our campaign promises and we are committed to delivering on that expeditiously.
“We believe that the importance and significance of siting a teaching hospital in our Enugu North zone can never be lost on us. So, we are not going to spend any time in making sure that everything that is necessary and required to upgrade and get the teaching hospital operational is put in place. With this Law, we are going to redouble our commitment and our efforts to achieve that.”
He assured the Governing Council and the Management of SUMAS of his continued support, adding that his administration would equally be counting on their pedigree and contacts to bring the teaching hospital to fruition in record time.
“We are going to continue to support you and we are also going to continue to count on your experience, network, and profile in raising resources to actualize the project.
“This year alone, we are going to spend 33 per cent of our budget on education. This underscores the importance of education to this administration. So, be sure to come to us whenever there is a need. We are going to support you because we are interested in education and we are investing heavily in it,” he said.
On his part, the Speaker, Enugu State House of Assembly, Hon. Uchenna Ugwu, who also spoke at the Bill signing witnessed by the Chairman of SUMAS Governing Council, Msgr. Obiora Ike, and the Vice Chancellor, Prof. James Ogbonna, and top hierarchies of the institution, commended Governor Mbah’s speed and faithfulness in delivering on his campaign promises. He assured that the House of Assembly was ever ready to fast-track every executive bill that would impact positively on the state and its people.
“We promised we are going to support this administration by doing our job expeditiously to ensure that there is no delay in your delivery of democracy dividends to our people. Therefore, the SUMAS Teaching Hospital Bill received expedited hearing and today you have the signing of the bill into law,” he stated.
Nation
Ododo Applauds Security Agencies Over Rescue Of 43 Bus Passengers
Kogi State Governor, Ahmed Usman Ododo has applauded security agencies in the State for their efforts in the rescue of 43 bus passengers.
The Special Adviser on Media to the Governor, Ismaila Isah disclosed this in a statement yesterday.
The statement noted that the governor welcomed the news of the release of the abducted bus passengers in Okehi Local Government Area of the State and called for sustained collaboration between security agencies and local communities to improve intelligence gathering and prevent crime and criminality in all parts of the state.
Ododo commended the caretaker chairman of Okehi LGA, Mr Amoka Eneji, the Nigeria Police, Nigeria Professional Hunters, Ebira Local Hunters Group and other security agencies for their intervention, which led to the rescue of the passengers who were abducted outside the state.
“Governor Ododo also commends the response of security agencies to the robbery incidence in Felele area of Lokoja and called for more urgency in addressing cases of insecurity in any part of the state.
“The Governor reassured the people of the state that his administration will not relent in its efforts in deploying maximum resources to ensure that all communities in the state remain unsafe for criminal elements.”
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