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OPEC Raises Hope On Oil Price Hike

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The Organisation of Petroleum Exporting Countries (OPEC), yesterday, raised new hope that crude oil prices would soon ramp up, just as it also revised upward its growth forecast for global oil demand in 2015.
The oil cartel further maintained projected record levels of world consumption for 2016, despite turbulent market conditions spurred by financial instability in Greece and China.
In its August monthly report, OPEC said it was expecting world oil demand to grow by 1.38 million barrels per day, representing approximately 90,000 more than announced in its July estimates.
The cartel also stuck to last month’s prognosis that demand growth in 2016 would reach 1.34 million barrels per day, thanks to global GDP expansion set to reach 3.5 per cent, up from 3.2 per cent this year.
“Given the better-than-expected growth in global oil demand so far this year, together with some signs of a pickup in the economies of the major consuming countries, crude oil demand in the coming months should continue to improve and, thus, gradually reduce the imbalance in oil supply-demand fundamentals,” OPEC noted in its latest report.
Oil prices collapsed 60 per cent between last June and January, hitting a low of $45. This was due in part to a supply glut caused by the boom in US shale oil.
But OPEC, which has traditionally defended price levels by cutting output when necessary, dramatically switched strategy last November when it opted to leave its production target unchanged.
OPEC has since stuck to this strategy, keeping its output target level at 30 million barrels per day.
On Monday, the World Bank warned that the lifting of sanctions related to Iran’s nuclear programme would have a “significant impact” on the world oil market in 2016.
Iran’s return to the global market would eventually add about a million barrels of oil a day, lowering prices by $10 per barrel, the bank said.
Oil markets have also been shaken by China’s reduced economic growth and collapsing stock market.
As a result of losses “triggered by China’s stock market slump” and global supply glut, US crude prices posted their biggest monthly drop since the 2008 financial crisis, with Texas light sweet declining to $47.12 per barrel on July 31.
Meanwhile, general expectations for Europe’s oil demand during 2015 have improved since OPEC’s last monthly report, but remain “coupled with large uncertainties” over the region’s economic developments, particularly in Greece, the cartel said.

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11 Jostle For $100,000 As Nigeria Prize For Literature Unveils 2026 Poetry Longlist

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Eleven outstanding poetry collections are now in the race for the $100,000 Nigeria Prize for Literature, arguably Africa’s biggest and most prestigious literary prize.

The 11 collections were selected from a total of 223 entries received for this year’s competition.

Chairman of the Advisory Board for the Prize, Prof. Akachi Adimora-Ezeigbo, who announced the longlist, said the emergence of the 11 collections marks a significant milestone in this year’s competition and reflects the exceptional quality, creativity and diversity of contemporary Nigerian poetry.

According to her, the longlisted titles, arranged in alphabetical order, are: Adult Love by Tanure Ojaide; Bakandimiya by Saddiq Dzukogi; Black Passport by Paul Akpomuje; 2000 Blacks by Ajibola Tolase; Ceremony For The Nameless by Theresa Lola; Corpus: Animistic Verses by Ayo Oyeku; and Floral’s Love Colony by Tares Oburumu.

Other successful entries are, The Origin of Wounds by Malik Gbolahan; The Years of Blood by Adebayo Agarau; Unbind Me Now by James Ugwu Eze; and Why Does God Need a Gun by Ogaga Ifowodo.

Prof. Adimora-Ezeigbo described the announcement as an important stage in the 2026 edition of the prize.

She noted that the collections demonstrate the remarkable capacity of poetry to illuminate human experience through thoughtful reflection, cultural memory and artistic expression.

According to her, the works revisit history while interrogating dominant historical narratives and exposing the forces that shape collective identities and social relations.

She stated that despite their varied emphases, the books share a commitment to exploring the endurance of individuals and communities in the face of violence, oppression and social fragmentation.

On style and language, Prof. Adimora-Ezeigbo said the books display an impressive diversity of poetic techniques marked by lyrical intensity, symbolic depth and artistic innovation.

“Many employ densely poetic, allegorical, and elegiac modes that invite multiple layers of interpretation, while others draw extensively on folklore, oral traditions, and contemporary realities to create a compelling fusion of past and present. Their language is generally fluid, evocative, and aesthetically refined, relying on vivid imagery, emotional resonance, and intellectual sophistication to communicate complex ideas. These works demonstrate how poetic language can illuminate social realities; challenge established perspectives and give voice to both individual and collective experiences.

“The next stage will demand a closer reading of each work, with attention to language, form, originality and lasting literary value,” she stated.

The Board chairman commended the judges for their painstaking work and reaffirmed the Advisory Board’s commitment to a credible process, literary excellence and the promotion of a strong reading culture.

With the announcement of the 11-title longlist, the competition now moves to the next phase, with a shortlist of three expected in August and the winner to be announced in October.

Sponsored by the Nigeria Liquefied Natural Gas (NLNG), The Nigeria Prize for Literature carries a cash award of $100,000 for the author of the winning book.

Now in its 22nd year, the prize rotates annually across four genres – prose fiction, poetry, drama and children’s literature – with the 2026 edition devoted to poetry.

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RSG Hails NMA’s Role In Strengthening Healthcare Delivery

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The Rivers State Government has applauded the Nigerian Medical Association (NMA), Rivers State Branch, for its steadfast dedication to advancing medical excellence and contributing significantly to healthcare development in the state and the country at large.

Speaking at the 2026 Annual General Meeting and Scientific Conference of the NMA held in Port Harcourt last Wednesday, the Secretary to the State Government, Dr. Dagogo Wokoma, described the association as a vital partner in the quest to improve healthcare delivery and outcomes.

Wokoma, according to a statement by the Head of Information and Public Relations Unit in his office, Julian Masi, noted that the NMA’s sustained advocacy for professional standards and quality medical practice has continued to impact positively on the healthcare sector and national development.

He said the conference theme, “Medical Practice in Nigeria: The Past, the Present and Quo Vadis,” offers a valuable platform for stakeholders to evaluate the progress made in the health sector, examine present realities, and develop practical solutions for future challenges.

He paid tribute to Nigerian doctors and other healthcare professionals for their sacrifices and unwavering commitment to service despite the challenges confronting the sector.

“We deeply appreciate the immense sacrifices made daily by Nigerian doctors and other healthcare professionals. In the face of numerous challenges, they continue to demonstrate exceptional resilience, professionalism, dedication and commitment to saving lives. Their contributions remain critical to national development,” he said.

In her keynote address, the immediate past Commissioner for Health, Prof. Adaeze C. Oreh, called on participants to critically examine the current state of medical practice in Nigeria and explore innovative approaches that will address emerging healthcare challenges in line with the conference theme.

Earlier, the Chairman of the Nigerian Medical Association, Rivers State Branch, Dr. (Prof.) Annabel Ureh Oparaodu, expressed gratitude to Governor Siminialayi  Fubara for his continued support for the medical profession in Rivers State.

She urged delegates to maximize the opportunities provided by the conference through active engagement and knowledge sharing.

Highlights of the event included the commissioning of the Nigerian Medical Association Doctors’ Lodge and the NMA Water Factory, initiatives designed to improve members’ welfare and promote sustainability within the association.

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NPC Begins Digital Birth, Death Registration In Rivers

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The National Population Commission (NPC) has announced the commencement of a nationwide digital registration of births and deaths in Rivers State under the Electronic Civil Registration and Vital Statistics, E-CRVS, System, using the new VitalReg platform.

Federal Commissioner, NPC, Rivers State, Prof. Itotenaan Henry Ogiri, announced said this recently during a press briefing  in his Port Harcourt office.

Ogiri said the full digital registration of births and deaths took effect nationwide on July 1, 2026, and is now being implemented across Rivers’ 23 Local Government Areas as part of the Commission’s rollout in the 36 States of the Federation and the FCT.

“Today’s announcement marks a significant milestone in Nigeria’s journey towards a modern, technology-driven civil registration system,

“It reflects the Commission’s commitment to ensuring that every birth and every death occurring in our country is accurately captured through a secure, efficient and digitally enabled platform,” he said.

The Federal Commissioner noted that while Nigeria records an estimated five million births annually, coverage remains low.

“Birth registration currently stands at about 57%, while death registration is below 20% nationwide.

“These gaps underscore the urgent need for a more efficient and accessible registration system,” he stated.

To address this, he said the commission has established 4,011 functional registration centres across the 774 LGAs, with plans to expand to about 8,000 centres nationwide.

According to him, in Rivers State, structures have been put in place and personnel are working with health facilities, LGAs and community stakeholders to ensure accessibility.

Ogiri explained that the VitalReg platform offers faster registration, 24-hour access, automated data validation for accuracy, reduced paperwork and waiting time, enhanced record security, and a stronger national database to support other government information systems.

He added that the platform would integrate seamlessly with Nigeria’s national digital identity framework, including the National Identity Management Commission (NIMC) to improve coordination and service delivery.

“The initiative builds on the launch of the E-CRVS System and the inauguration of the National Coordination Committee on CRVS by President Bola Ahmed Tinubu on November 8, 2023.

“It also aligns with the Federal Government’s Renewed Hope Agenda on digital transformation and transparency,” he said.

The NPC Commissioner stressed that success depends on partnerships and public participation and listed key collaborators as ALGON, NIMC, UNICEF and Barnksforte Technologies Limited.

“In Rivers State, we will continue to work closely with the State Government, Local Government Councils, healthcare providers, traditional institutions, religious organisations, development partners, civil society organisations and the media to ensure that no child or family is left behind,” he said.

The commissioner called on parents, guardians, healthcare workers and community leaders to ensure prompt registration of every birth and death, noting that a complete civil registration system strengthens governance and supports sustainable development.

He reassured the public that birth registration and birth notification services remain highly subsidised, though specialised administrative services such as record modification, certificate reissuance, attestations and verification will attract approved charges to support system sustainability.

Ogiri appreciated the Rivers State Government for its support, and commended NPC staff in the State, as well as development partners, LGAs, healthcare institutions, traditional and religious leaders for advancing civil registration in the state.

He also urged the media to continue to amplify the message “that every birth counts, every death matters and every Nigerian deserves a legal identity.”

“As we commence this new chapter, let us all work together to build a civil registration system that is modern, inclusive and trusted by all,” Ogiri concluded.

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