Connect with us

News

Nigeria To Export First Indigenous LNG Stove In March

Published

on

Nigeria is set to launch the first ever Liquefied Natural Gas (LNG) Stove in March.
The project, which is under a Pan African Investment Company,the UNICORN Group, is targeting innovative ideas, start-ups and early stage companies in the technology and technology enabled sectors across the African continent.
Disclosing this, yesterday in Lagos, during an inspection of UNICORN hub by the Minister of Information and Culture, Lai Mohammed, the Chairman of the UNICORN Group, Dr. Akintoye Akindele said the mass production of the stove, which would commence before the end of this year was being manufactured by eight young Nigerians at the Lagos UNICORN hub.
He said the production line would capture both local and export markets.
According to Akindele, the product launch would be an affirmation that the young Nigerian innovators have been able to deploy ingenuity in the process of converting the natural gas into LNG, which hitherto were being exported into cooking gas.
When completed, the UNICORN Group chairman said that the novel product would be made not only affordable to common Nigerians but available and accessible to all.
“We gave them accommodation. Some of them have jobs and left their jobs. They came here and paid, they designed the Stove in this company. We will patent it and will then export it to the world. Our gas is our blessing. We can now benefit from exporting Natural gas.
“We can now go and export LNG. This is what we are incurring in electricity bill, cooking gas is too expensive. Each of them based on this is now shareholders in this business. Their eight names will be put inside the gas burners for life.
“We are trying to use energy for industrialization and for domestic purpose. This we have been able to actualize.”
Also speaking on the innovation, one of the product designers, Bukola Bolajoko affirmed that the innovation, when launched would be environmentally friendly as it would reduce emission of carbon dioxide into the air.
In the same vein, Bolajoko also said that the innovation will help reduce pollution in the Niger Delta and address gas flaring in the country.
In his speech, the Minister of Information and Culture, Lai Mohammed said he was in the platform with his team was not just to see the great job that UNICORN is doing, but also to help tell the world what Unicorn is doing.
The highly elated minister, who described UNICORN as a true representation of Nigerian spirit,said the surest way to build local capacity and tell African story was true education.
He, however, promised that he would support the innovators by linking them with government institutions that would partner with them to make their products and services available to the public.
“As I always say, it is not just enough to do good things. You must be seen to be doing them.
“We will give you visibility. We will tell the world what you are and what you do. And we will also take this to the government. I am sure many government MDAs will be happy to know what is going on here and to leverage on many of them. We will be the link between you and the government.”
“UNICORN is a true representation of the Nigerian spirit, giving hope and helping to build a new Nigeria.
“UNICORN is watering the seeds of innovation. UNICORN is showing that impossible is not Nigerian, impossible is not African.
“Thank you for believing in Nigeria and for putting your money where your mouth is. Bringing children into this whole ecosystem is a winner. Bringing children from different disadvantage communities is a game changer.
“Seeing young Nigerian authors rising to become world beaters is inspiring. This is where dreams come true. This is where ideas are born and they become reality.
“Having the young ones, from primary to secondary to tertiary schools to see the best of Nigeria and the best of Africa is massive. Truly, exposure is the best education.”
The minister also said he was glad to have met many companies that have graduated from the platform:Bookings Africa.com, which is monetising skills.
“Thank you for saving NTA in particular some good money. As you know, NTA is a parastatal under my ministry: ‘Film anatomies that is using 3D technology;RXALL authenticating drugs; MOBABY, YAHSHUD in the real estate industry; The 6 Charge Bar; In-school, the Education Market, taking education to all, irrespective of where they are; Edusko.com , connecting parents with good schools; I & 0 fashion catering for women of all shapes and sizes; Koniku: US-based Nigerian firm building a technology that digitizes the sense of smell and sense of taste.
“I am glad this technology is coming to Nigeria, to be used in the petroleum and health industries. Thank you for bridging the gap between Silicon Valley and Nigeria. Glad to have met all these companies and be told what they do,” he added.

Continue Reading

News

Nigeria Exceeds OPEC Quota As Production Hits 11-month High

Published

on

Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with the country exceeding its Organisation of the Petroleum Exporting Countries (OPEC) production quota.

The average crude oil production recorded during the month of May represents 102 per cent of Nigeria’s 1.5mbpd of production quota allocated by the OPEC.

The production report released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, disclosed that Nigeria’s oil production averages 1,530,354 barrels of crude oil and 170,446 barrels of condensates per day (bpd).

According to the report, this brings the total combined production to 1, 700, 800 barrels per day and consolidating Nigeria’s position as Africa’s largest oil producer.

The report said the production performance during the review period remained robust, with combined crude oil and condensate output ranging between a low of 1.51 million bpd and a peak of 1.86 million bpd.

It said the May 2026 production figures represented the highest recorded by Nigeria since July 2025, when output surged to 1,712,282.

“In strict crude oil terms (excluding condensates), the 1.53 million barrels recorded in May 2026 represents the highest Nigeria has witnessed since January 2025 when crude oil production hit 1.538mbpd.

“The latest crude oil production statistics thus represents a 15-month high on a month on month basis, production rose by 2.77 per cent in May 2026 as against 1.48mbpd in April,” it said.

The report said the broader production trend over the last five months had also remained positive.

It said combined crude oil and condensate output increased from 1.48 million bpd in February to 1.54 million bpd in March, 1.66 million bpd in April, and then 1.7 million bpd in May, underscoring sustained growth in Nigeria’s hydrocarbon production levels.

According to the report, among production streams, Bonny Terminal led the pack with a total blend of 293,870 bpd, closely followed by Forcados Terminal at 289,900 bpd, Qua Iboe ranked third with 173,360 bpd, while Escravos Oil Terminal contributed 135,470 bpd.

It said the Odudu (Amenam Blend) completed the top five production streams, accounting for 63,250 bpd during the month under review.

The NUPRC attributes the rise in production to a sustained positive momentum as operations remained stable throughout the reporting period with no significant pipeline or facility outages recorded.

Additionally, all previously scheduled turnaround maintenance activities had been successfully completed, contributing to improved operational reliability and production efficiency.

Continue Reading

News

Reps Pass State Police Bill

Published

on

The House of Representatives, yesterday passed a landmark constitutional amendment bill to establish state police nationwide, marking a significant milestone in Nigeria’s decades-long debate over decentralising policing and strengthening internal security.

The bill, titled “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to Provide for the Establishment of State Police and for Related Matters (Sixth Alteration) Bill, 2026,” was approved during consideration at the Committee of the Whole, presided over by Speaker of the House, Rt. Hon. Tajudeen Abbas.

Voting commenced after the Deputy Speaker and Chairman of the House Committee on Constitution Review, Hon. Benjamin Kalu, presented the report on the proposal and canvassed support from lawmakers, stressing the need for a more decentralised policing framework to effectively address the country’s growing security challenges.

The exercise was conducted manually, with members raising their hands to indicate their positions. At the end of the voting, 289 lawmakers voted in support of the bill, one member abstained, while none voted against it, reflecting overwhelming bipartisan backing for the far-reaching reform.

The proposed amendment seeks to fundamentally restructure Nigeria’s policing architecture by creating both Federal and State Police formations.

One of the bill’s key provisions amends Section 214 of the 1999 Constitution to formally establish the Federal Police and the State Police. Under the proposal, the National Assembly would be empowered to prescribe the structure, organisation, administration and powers of the Federal Police, while also providing the legal framework and minimum standards for the establishment and operation of state police services.

The bill stipulates that no state police formation shall commence operations unless it is established by a law enacted by the relevant State House of Assembly and certified as complying with national minimum standards prescribed by an Act of the National Assembly.

It further provides that until a state police force becomes operational, the Federal Police shall continue to exercise policing powers and responsibilities within such states.

In a bid to preserve the autonomy of state police formations and prevent undue federal interference, the bill limits federal intervention in states’ internal security affairs. Under the proposal, the Federal Police may intervene only where there is a complete breakdown of law and order, upon the request of a governor or where a state police force becomes unable to function due to administrative, financial or other operational challenges.

The amendment also proposes significant changes to the police’s appointment and command structure.

Under the amended Section 215 of the Constitution, the Inspector-General of Police would be appointed by the President on the advice of the Nigeria Police Council from among serving members of the Federal Police, subject to confirmation by the National Assembly.

Similarly, a State Commissioner of Police would be appointed by a governor on the advice of the Nigeria Police Council from among serving officers of the State Police, subject to confirmation by the respective State House of Assembly.

The bill empowers governors to issue lawful directives to State Commissioners of Police on matters relating to public safety and the maintenance of law and order. However, where a commissioner considers such directives unlawful or inconsistent with accepted policing standards, the matter may be referred to the Nigeria Police Council, whose decision shall be final.

The proposal also amends Section 84 of the Constitution by replacing references to the “National Police Council and the Federal Police Service Commission” with the “Nigeria Police Council and the Police Service Commission.”

The passage of the bill by the House represents one of the most far-reaching security reforms contemplated since the return to democratic rule in 1999 and is expected to rekindle nationwide debate on issues relating to funding, accountability, operational control and safeguards against abuse.

With the House’s approval, the constitutional amendment bill will now proceed to the Senate for concurrence. Thereafter, it must secure the endorsement of at least two-thirds of the State Houses of Assembly and receive presidential assent before becoming part of the Constitution of the Federal Republic of Nigeria.

If eventually enacted, the legislation would usher in a new era of multi-layered policing in Nigeria and could redefine the country’s approach to tackling banditry, terrorism, kidnapping and other forms of violent crimes through a more localised security architecture.

Continue Reading

News

FG Declares Today Public Holiday To Mark Democracy Day

Published

on

The Federal Government has declared today, public holiday to commemorate Nigeria’s 27 years of unbroken democratic rule.

This is contained in a statement  in Abuja, by the Permanent Secretary, Ministry of Interior, Magdalene Ajani.

Ajani said that the  Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government.

Tunji-Ojo reaffirmed the federal government’s commitment to the preservation of democratic ideals, rule of law, transparency, accountability and inclusive governance.

He assured that the ministry in collaboration with relevant security agencies woulsd continue to take appropriate measures in maintaining and strengthening Nigeria’s internal security.

The minister noted that a secured and stable environment was essential to democracy and national development.

He urged Nigerians to see the holiday as an opportunity for civic reflection.

“As we mark this historic day, every Nigerian is encouraged to remain law-abiding, uphold the institutions that sustain our democracy, and remember that the strength of any democracy lies ultimately in the character of its citizens,” he said.

He also said that June 12 every year remained a significant day in Nigeria’s history in honour of the courage, resilience and sacrifices of Nigerians whose efforts made democratic governance possible.

“Their legacies continue to inform the values and responsibilities of the Nigerian state,”Tunji-Ojo added.

Continue Reading

Trending