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Oil Theft Stalls Bonny Terminal From Functioning

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Pipelines, particularly those around the Bonny Terminal cannot function due to the activities of criminals.
The Group General Manager, National Petroleum Investment Management Services (NAPMS) of the Nigerian National Petroleum Company Limited (NNPCL), Bala Wunti, stated this during a tour of the facilities of the NNPCL.
In a statement, Wunti described as high the number of barrels stolen per day, stating that the supposed 270 barrels per day to be loaded was no longer feasible due to theft.
Wunti stated further that oil theft had caused the Nigerian nation to lose 470,000 barrels per day (bpd) of crude oil amounting to $7million monthly.
While lamenting the negative impact of pipeline vandalisation of crude oil production, gas supply, refineries operations among others, Wunti insisted that the siphoning of crude oil from the oil facilities affects the revenue of every stakeholder.
He said: “If you’re producing 30,000 barrels a day, every month, you get 1,940 barrels. So, what it means is that you can take it to 270 every four days. Calculate it in a month, you will have seven cargos on a million barrels, that’s seven million barrels.
“When you multiply seven million barrels by $100 that is $700 million lost per month, and about 150,000 barrels expected are differed; we are not producing due to security challenges.”
He noted that “the Shell Petroleum Development Company (SPDC) trunk line, TNP transnational pipeline, cannot be operated and it has been like this since March 3rd that we put in this.
“Just take your calculator; 150,000, it means if you want to arrive at 1 million barrels per day, it means every week, as a minimum, basically for one week alone, it’s four cargos, and four cargos is four million barrels. Four million barrels formula bar or $100 is $400 million.
“So, you can do your calculations by yourself, take whatever price you want, take this to multiply by the number of days that have been shortened since March 3rd.”
According to him, the impact of the activities of vandals causes low crude oil production, interrupted gas supply, countrywide interruption of distribution of petroleum products, refineries’ downtimes, increasing instability in the oil and gas market.
”I will tell you the major thing that affects us. Nigeria will suffer for it; the revenues are impacted, so we can only appeal to them to rein in themselves, the oil theft situation is regrettable.
It’s not going on across the whole of the Niger Delta, there are trunk lines that are more impacted on, I think the Bonny trunk line ranks highest”, he concluded.

By: Lady Godknows Ogbulu

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Rivers

Eld Ogbu Bags Adventists Men Award…Pledge For Humanitarian Service

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A former supervisory councillor for Health in Etche local government of Rivers state, Eld Chimezie Ogbu has been honoured with an excellent service Award by the Adventist men Organisation (AMO), Port Harcourt west mission.

Eld Chimezie Ogbu, received the award for alongside fifteen others for his contributions and support to the association and uplifting humanity.

Elder Chimezie Ogbu left receiving the Rivers west mission AMO Excellent Service Award from the former AMO Director and the former General manager, RSNC, Eld Vincent Ake during the extra ordinary meeting of AMO held at Rumuolumini, Sunday.

 

Speaking during an extra ordinary and end of year meeting, the Director of Adventist men Organisation, Port Harcourt west mission, Dr Sam Emejuru said the award was in recognition to Hon Ogbu’s contributions and support to the association, noting that Eld Chimezie Ogbu have been one of the sponsors of the Association in the mission.

Dr Emejuru who was a fomer chairman of the state secondary school Board noted invaluable contributions of the recipients to the association and the church at large and urged them to continue to be generous in the development of church and humanity.

In an interview with the tide, Hon Chimezie Ogbu, a serving elder in the seventh-day adventist church, Rumuolumeni District expressed appreciation to the Association, adding that the award will encourage him to do more

He highlighted the importance of investing in God’s vineyard and to help humanity and dedicated the award to God Almighty and members of his family.

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Rivers Landlords Petitions IG Over Alleged Move to Demolish Their Estate

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Members of landlords of Ceenamore and Iroko Drives in Cedarwood Estate, Rumuaholu, in Obio/Akpor Local Government Area of Rivers State, have urged the Inspector General of Police and the State Police Commissioner, CP Olungbenga Adepoju, to urgently act on the petition they sent to him regarding the alleged move by the Managing Director of Niger Delta Technology & property development Ltd, Engr. Stephen Nyegwa, to demolish their estate.

The group alleged that the MD of Niger Delta Logistics Limited had purportedly, through a court judgment notice, claimed that he had gotten an order to demolish the estate.

Speaking to journalists at the estate, Mr. Manuabuchi Elem Chioma, one of the affected landlords, said the call becomes very imperative following the continued harassment by Mr. Nyegwa and his associates, noting that they woke up and discovered that their houses have been marked for demolition.

Also speaking, Barrister Victor Okezie urged the police to act swiftly to save landlords of the estate from the impending problem, stressing that they are ready to comply if there is a confirmed valid court judgment.

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NLNG, NCDMB Launch ICT Hub To Boost Tech Skills In Nigeria

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Nigeria Liquified Natural Gas (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) have inaugurated an ultra-modern, specialised Information and Communication Technology (ICT) centre in Port Harcourt, Rivers State, for youth empowerment in innovations.
The fully equipped ICT centre, located at Baptist High School in the city, was inaugurated as part of the close-out ceremony for the Human Capital Development Basic Training Programme.
Executive Secretary, NCDMB, Mr. Felix Ogbe, stated this in a statement issued on Friday by the Manager of Corporate Communication and Public Affairs at NLNG, Mrs. Anne-Marie Palmer-Ikuku.
He described the ICT centre as a gateway to knowledge and innovation, as well as a window to future opportunities.
Represented by the organisation’s General Manager of Institutional Strengthening, Mr. Olugbenga Sheba, Ogbe explained that the project was designed to equip young Nigerians with digital skills to prepare them for a technology-driven world.
“The remodelled ICT centre is more than a building. It is a statement of belief that students here can learn coding, design, and innovation that connects them with the wider world.
“It represents our confidence that when given the right tools, Nigerian students can become creators, innovators, and entrepreneurs”, he said.
Ogbe commended NLNG for its continued collaboration with the NCDMB and its steadfast commitment to advancing Nigerian Content objectives.
He added that the partnership demonstrated what could be achieved through meaningful collaboration between government and corporate stakeholders, noting that such investments would help build a stronger and more prosperous Nigeria.
NLNG’s General Manager, External Relations and Sustainable Development, Dr. Sophia Horsfall, reaffirmed the company’s commitment to compliance with Nigerian Content regulations and its dedication to improving lives sustainably.
She emphasised that NLNG was passionate about enhancing human capital development and promoting technological inclusion, both of which were aimed at improving employability and industry-relevant skills among young Nigerians.
According to Horsfall, the project aligns with NLNG’s vision of empowering communities through education and technology.
“The upgraded ICT centre, which complies with existing NCDMB regulations, is an investment that provides students with a modern learning environment and equips teachers with improved tools to deliver quality education”, she said.
The Tide reports that the ICT centre has been upgraded to a 40-seater facility and equipped with 20KVA solar and inverter system.
The facility also includes renovated classrooms and administrative buildings, as well as digital smart boards and modern learning tools.
Meanwhile, Palmer-Ikuku, in the statement, announced the graduation of 30 trainees under the Human Capital Development Basic Training Programme jointly organised by both organisations.
She stated that the trainees earned international certifications after completing rigorous training in Engineering, Marine Operations, Health, Safety and Environment (HSE), and Entrepreneurship, among other disciplines.
According to Palmer-Ikuku, the training underscores the shared mission of NLNG and NCDMB to build local capacity, promote technological inclusion, and support Nigeria’s broader vision of sustainable development through education and skill acquisition.

By: Theresa Frederick & Charity Amiso

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