News
Nigeria’s Daily Gas Production Drops To 7,574.68mmscf
Despite its over 200trillion standard cubic feet, scf of gas reserves, Nigeria’s daily gas production dropped to 7,574.68million metric standard cubic feet (mmscf) in 2020, based on data collated from the monthly reports of the Nigerian National Petroleum Corporation (NNPC).
Year-on-Year (YoY), the output produced by the Joint Ventures (JV), Production Sharing Contracts companies and Nigerian Petroleum Development Company (NPDC), showed a drop of 4.43 per cent compared to 7,918.34mmscf produced in the corresponding period of 2019.
However, on Quarter-on-Quarter (QoQ), the nation recorded 7,99.93mmscf in the first quarter (January – March) of 2020, indicating a decrease of 2.69 per cent compared to 8,218.91 produced in the corresponding period of 2019.
Similarly, the nation recorded 7,658.64mmscf in the Second Quarter (April – June) of 2020, showing a decrease of 1.81 per cent compared to 7,799.86mmscf in the corresponding period of 2019.
It also produced 7,574.92mmscf in the third quarter (July – September) of 2020, indicating 5.32 per cent decreased compared to 8,000.36mmscf recorded in the corresponding period of 2019.
The nation also produced 7,067.23mmscf in the fourth quarter (October – December) of 2020, indicating a decrease of 7.67 per cent compared to 7,654.22mmscf produced in the corresponding period of 2019.
Investigation shows that the low output was fuelled by inadequate investment required to increase output for export and domestic utilisation.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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