Nation
No More Fuel Queues, Kyari Assures Senate
The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, , has assured the Nigerian Senate that there will be sufficient supply of Premium Motor Spirit ( fuel,) to every part of the country to ward off the usual fuel queues.
Kyari also assured that the NNPCL would restart the Port Harcourt Refinery in December, followed by the Warri Refinery to start in the first quarter of 2024.
The NNPCL GMD who gave the assurance during a courtesy visit to the leadership of the Senate in Abuja, Wednesday said that the passage of the Petroleum Industry Act (PIA) has ensured that “energy supply is stable, creating cheaper energy” for Nigerians.
He disclosed that the Corporation has “robust supply plans from now until next year; we have always planned for three months. And I guarantee you you Excellency that we will not see any shortages in our country.”
“You may see a number of scattered reports that of filling stations that people will call it queues. They are not.”
He also revealed that the oil giant occupies over 30 percent of the downstream sector in the oil and gas business, adding that the Corporation will “optimally provide” petroleum to consumers.
While linking the challenges in the sector to oil theft and pipeline vandalisation, Kyari said that the country has recovered up to N1.7 million barrels of crude oil following increased monitoring and supervision of the facilities by independent pipeline security companies, and the military.
He said “in the last 5-6 months government security agencies and private security companies have done things differently, and it has yielded results.”
He underscored that the oil regulator aims at meeting its targeted contribution to the budget, as he stressed that “with all the ongoing activities and engagements, with the support of Mr President around how to contain the issues of infractions on our pipelines, the actions of vandals which we have been getting the support of the Senate to make sure that something is done about it to redure it to the bearest minimum; so that oil pipelines are restored, so that we can continue to increase production, and the confidences of investors so that no one would produce oil when he is not sure of producing oil for the future market.”
He added that these would be complimented by small scale refineries, as he indicated that the Corporation had recorded a N274 million profit in 2021, a growth from 2018.
Accordingly, Kyari maintained that the NNPCL may post profit in excess of N2 trillion in 2023; adding that in 2024. Nigeria will be a net exporter of petroleum products.
On his part, the Senate President, Godswill Akpabio, tasked the management of the NNPCL to seek ways of deepening the consumption of locally produced petroleum products.
By: Nneka Amaechi-Nnadi, Abuja
Nation
World Health Day: Rivers Govt Urges Regular Medical Check-Ups, Healthy Living
Nation
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
Nation
Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
-
Editorial5 days agoDomesticate FG’s Exit Benefit Scheme
-
News4 days agoRSU Unveils Five-Year Strategic Dev Plan …Calls For Collective Commitment To Institutional Excellence
-
News5 days agoDHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
-
News4 days agoTinubu Commissions Bayelsa Gas Turbine, Other Projects Today
-
Business5 days ago
Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs
-
Sports5 days ago
Full Draw For 2026 U-17 AFCON
-
Nation4 days ago
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
-
Nation4 days agoHaniel Jack Foundation Awards Five Rivers Indigenes Scholarship
