Connect with us

News

Nigeria’s Oil Production Grows Marginally By 4% To 1.28mbpd

Published

on

Nigeria’s crude oil production in the month of April, 2024, rose marginally by four percent to 1.28 million barrels per day compared to 1.23mbpd recorded in March, data released by the Nigerian Upstream Regulatory Commission, NUPRC, has shown.
When added to condensate oil, production was 1.447 million barrels per day compared to 1.438mbpd recorded in the previous month. The production figures with condensate were 1.539 million barrels per and 1.643 million barrels per day in the months of February and January respectively.
The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri had spoken of government’s plan to hit two million barrels oil production by the end of 2024.
However, he has explained that drop in oil production in the last few months was caused by issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some oil companies operating in the country.
Lokpobiri in a statement by his media aide, Nnemaka Okafor assured that measures were being taken to address the situation to, “not only restore production to previous levels, but to also increase it”.
“The Minister is also pleased to announce that the issues have been adequately addressed, and production is expected to return to its previous levels in the coming days.
“He anticipates that Nigeria’s oil production, including condensate, which was approximately 1.7 million barrels per day (bpd) prior to these developments, will soon be restored.
“Furthermore, the Ministry of Petroleum Resources is actively engaged in policy evolution aimed at maximizing the utilization of all available wells in Nigeria. This strategic approach will enable the country to ramp up production, thereby generating vital revenue to stabilize the nation’s foreign exchange reserves. The increased revenue will also empower the government to fulfill its commitments in providing essential infrastructure, as outlined in the 2024 budget”, she added.
The government has also blamed oil theft and pipeline vandalism for the industry’s failure to the country’s OPEC quota of 1.5 million barrels per day.
Lokpobiri explained that “the quickest way to solve our economic challenges is through the oil and gas sector. Today, oil sells for over $90 per barrel and if we ramp up production and we reduce the level of oil theft and pipeline vandalism, we will be able to raise the requisite money to be able to fund not only our budget, take care of our forex problems and then ensure that we stabilize our economy.
“There is no country in the world that doesn’t prioritize security and investment in its oil assets. Part of our own objectives is to reduce pipeline vandalism and oil theft to the barest minimum. We cannot completely eliminate it but working together with you will be able to reduce it to the barest minimum. So, that we will be able to benefit from the production of oil and gas that is going on”.

Continue Reading

News

COAS Tasks Troops To Dominate Battlespace, Intensify Offensive In N/Central

Published

on

The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has tasked troops of Operation SAVANNAH SHIELD to dominate the battlespace and intensify offensive operations against kidnappers, bandits and other criminal elements in the North Central region.

Shaibu gave the directive yesterday during his maiden operational visit to the Headquarters, Joint Task Force North Central (JTF-NC), at Sobi Barracks, Ilorin.

This is contained in a statement by the Acting Director, Army Public Relations, Col. Appolonia Anele, in Abuja, yesterday.

Shaibu said the Nigerian Army would remain resolute in its constitutional responsibility of safeguarding lives and property, stressing that troops must sustain pressure to decisively deny criminal elements freedom of action.

He assured personnel of continued deployment of combat enablers and operational resources to enhance clearance operations and dismantle criminal hideouts across Kwara and Niger states.

The COAS reaffirmed his commitment to troop welfare, noting that improved welfare remained critical to sustaining morale, operational effectiveness and combat readiness.

He urged the troops to remain disciplined, professional and loyal to the Constitution and the democratically elected government.

Earlier, the Theatre Commander, JTF-NC Operation SAVANNAH SHIELD, Maj.-Gen. Yakubu Yahaya, commended the COAS for his strategic leadership and support.

Yahaya assured that troops would remain committed and steadfast in restoring peace and stability in the region.

 

Continue Reading

News

Obuah’s Victory Excites Former Lawmaker as APC Primaries Conclude in Rivers West

Published

on

A former member of the Rivers State House of Assembly, Hon. Nathaniel Uwaji, has expressed excitement over the emergence of Bro Felix Obuah as the All Progressives Congress (APC) candidate for Rivers West Senatorial District following the party’s just concluded primaries.
Hon. Uwaji, who formerly represented Ogba/Egbema/Ndoni Constituency I, described Obuah’s emergence as a reflection of the wishes and aspirations of the people of Rivers West.
Speaking shortly after voting at Ward Five, Obrikom, Uwaji commended party members and supporters for turning out en masse to participate in the exercise and vote for what he described as “the right candidate.”
According to him, Bro Felix Obuah’s reputation as a bridge builder and grassroots politician makes him well suited to represent Rivers West in the Senate.
“Bro Obuah’s antecedents speak volumes across the length and breadth of Rivers State. The people are pleased to have him represent them at the National Assembly because he has paid his dues,” Uwaji stated.
The former lawmaker further noted that Obuah has remained unwavering in his support for President Bola Ahmed Tinubu and the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike, whom he described as key political leaders with strong followership in the state.
“There is no doubt that Bro Obuah has consistently demonstrated loyalty and support to both President Tinubu and Chief Wike. He remains one of the strongest allies of the FCT Minister,” he said.
Uwaji maintained that Obuah’s popularity and political track record have endeared him to the people, stressing that his victory at the primaries was widely expected.
“The name Bro Obuah is already a household name in Rivers State politics because of his track records. This victory has once again demonstrated his popularity and acceptance among the people,” he added.
He also thanked the people of Ward Five, Obrikom, and other stakeholders for their overwhelming support during the primaries, expressing confidence that the APC candidate would record another victory during the 2027 general elections.
“As you can see from the results, the people voted overwhelmingly for him, and they will repeat the same feat during the main election in 2027. Ward Five, Obrikom, will be among the first to deliver results for Bro Obuah and Mr. President,” Uwaji declared.
The former lawmaker also commended security agencies and electoral officials for ensuring a peaceful, free, fair, and credible primary election process.
He assured constituents that Bro Felix Obuah would not disappoint the people if elected into the Senate.
Continue Reading

News

Navy Upgrades Training, Infrastructure To Tackle Security Threats

Published

on

The Nigerian Navy says it is expanding training and infrastructure to address emerging security threats and strengthen operational efficiency across formations and units nationwide.

The Chief of Naval Staff, Vice Adm. Idi Abbas, spoke during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers as part of activities marking the Nigerian Navy’s 70th anniversary.

Abbas, represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele, said the projects reflected significant progress made by the navy since its establishment in 1956 from the British Royal Navy.

“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the navy’s constitutional responsibilities.”

According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.

Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.

Others were the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.

Abbas described the new theatre as a major milestone for the navy’s medical services.

“Previously, injured personnel requiring surgeries were referred outside the facility.

“With this theatre, surgeries can now be conducted within the base.’’

He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.

The naval chief assured officers, ratings and trainees that the navy leadership remained committed to their welfare and wellbeing.

“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.

In addition, NAVTRAC distributed educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area of Rivers.

Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.

Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.

“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.

He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.

Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.

He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.

 

 

 

 

 

 

 

Continue Reading

Trending