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Shell, FG Voice Doubts Over Forcados Operations

More than seven months after it was shut down, the Forcados export terminal remains offline, with the operator, Shell Petroleum Development Company (SPDC) and the Federal Government, represented the Nigerian National Petroleum Corporation (NNPC), saying they are unsure when the facility near Warri, Delta State, will resume crude oil lifting to international markets.
It would be recalled that September 21, 2016, had marked exactly seven months that Shell declared force majeure on crude lifting for export from Forcados terminal.
The force majeure, a legal clause that allows it to stop shipments without breaching contracts, came a week after the Forcados export line was attacked by the Niger Delta Avengers.
During the attack, the militants blew up a subsea pipeline feeding the terminal, knocking out, at least, 250,000 barrels per day of the nation’s oil exports.
Government officials had said the terminal was expected to resume in May, but that did not happen, as the reopening was pushed back to June, and again, to September.
But while responding to inquiries by newsmen, Corporate Media Relations Manager, Shell Nigeria, Mr. Precious Okolobo, said he could not tell when the terminal would come back on stream.
According to him, “The repairs are in progress; so, we cannot give precise timing on when the pipeline will be reopened”.
Similarly, the Nigerian National Petroleum Corporation (NNPC), in its latest monthly report, said its subsidiary, the Nigerian Petroleum Development Company (NPDC), lost over N27billion in July due to the force majeure declared by the SPDC as a result of the vandalised 48-inch Forcados export line.
The representative of the Federal Government in the joint venture operations of the oil and gas business, did not also state when the Forcados export terminal will resume crude oil lifting.
The NNPC, rather, said crude oil production in the country had in May plummeted to 1.69 million bpd following uptick in pipeline vandalism in the volatile Niger Delta region.
The NNPC said, “Subsisting force majeure at the Forcados terminal means that about 380,000bopd remain shut-in. Cargoes were deferred until repairs are completed.
“Also, the nation has lost over 1,500 megawatts to the damage at Forcados, which accounted for 40-50 per cent of gas production,” the NNPC added.
It is still uncertain when the Forcados pipeline will come back on stream as repairs have yet to be concluded.
According to the Head of Energy Research, Ecobank Capital, Mr. Dolapo Oni, “The terminal was supposed to come online last week; I don’t know why that announcement has not been made yet.
“We can’t afford another one month of having it offline, especially considering our foreign exchange position. The naira is now down to N480 to a dollar,” he added.
According to Bloomberg’s ship-tracking data, no tankers have loaded from the terminal so far since mid-February, 2016.
It revealed that eight cargoes are scheduled to load in October, with a further six planned for November.
Seven Energy, an integrated gas company in South-East Nigeria with upstream oil and gas interests in the region, said it lifted no oil from the Mining Leases 4, 38 and 41 during the first half of the year due to the shutdown of the Forcados terminal and declaration of force majeure by Shell from mid-February.
The International Energy Agency had in April estimated that Nigeria could lose up to $1billion in revenue by May, when repairs of the Forcados terminal were expected to be completed.
The IEA had said, “The Forcados terminal in Delta State, one of Nigeria’s biggest terminals, was scheduled to load 250,000 barrels of crude per day. At $40 per barrel, Nigeria could stand to lose an estimated $1billion between February, when the force majeure was declared, and May, when repairs are expected to be completed.”
It would be recalled that the Niger Delta Avengers, had claimed responsibility for Forcados pipeline attack, and many other attacks in the region.
Other groups have also claimed responsibility for some attacks, including Niger Delta Greenland Justice Mandate (NDGJM).
The groups have primarily targeted pipelines belonging to oil majors Shell, ENI and Chevron, the NNPC itself, and the Nigerian company, Aiteo.
Exports of multiple crude oil grades, including Bonny Light, Forcados, Brass River and Qua Iboe have been under periods of force majeure since the beginning of this year, meaning that companies are released from export obligations as a result of circumstances beyond their control.
Former group managing directors of the NNPC had, at the end of a recent meeting with the current GMD, Dr. Maikanti Baru, and the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said the attacks were putting the nation’s oil industry at risk of total collapse.
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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