Connect with us

Featured

NNPC Declares State Of Emergency On Oil Production

Published

on

The Nigeria National Petroleum Company Limited (NNPC Ltd) has declared a state of emergency on crude oil production in Nigeria.
Group Chief Executive Officer of NNPC Ltd, Mele Kyari, disclosed this while giving a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, yesterday.
According to the NNPC Limited boss, there is need to ramp up oil production to grow local capacity saying the Company is working vigorously to close the two million barrels per day oil gap as Nigeria currently produces between 1.2 million and 1.4 million barrels per day.
He said it is time to take the bulls by the horns by tackling those challenges that are creating obstacles to Nigeria’s crude oil production. He added that the era of debate has gone while calling on all stakeholders to come together to remove principalities “hindering our production.”
“We can’t continue talking, we cannot continue debating. Debate don’t produce oil, debate produce conflict. This industry is about producing oil and gas. Yes, we can do so many other things as you have heard the OPEC Secretary General and the GCF Secretary General have said but the world expect many other things from us. But more importantly for all of us in this room, I’m sure the biggest interest is to produce more oil and more gas. We don’t need to talk about reserves we have reserves. It is all dream until you produce it.
“Therefore, what we are focused on with our partners today is to produce more oil and to grow the production. It is to produce more oil and how do you produce more oil? It’s common knowledge also that we must put money, we must get the right people to work, we must have the right technology and the will to produce it so that we can benefit from it.
“But what really happened in our country, we went down in our production in both oil and gas. Nowhere near our capacity and our capability. You can blame anything; oil theft, integrity and so on and so forth. But the bottom line is that what we did recently is to take a deeper look at where we are and when we look at the data for our production by assets in the last three months without doing anything, without mobilising any rig, we can talk about decline as it has been said, but decline don’t happen in three months.
“Even when we took a look at our production in the last three months by assets, we discovered that we are actually at two million barrels per day. That means we’re unable to sustain it. Yes we can blame anything for lack of sustainability, theft is one of them, vandal action but also the sheer inability of all of us, our partners no exception including NNPC, our inability to act quickly in the timely manner.”
Kyari said a detailed analysis of assets revealed that Nigeria can conveniently produce two million barrels of crude oil per day without deploying new rigs, but the major impediment to achieving that remains the inability of players to act in a timely manner.
“Also, we can blame anything, access to capital, yes. Why don’t we have access to capital. We can blame anything but what we have seen is that we are actually at two million barrels per day without doing any of the major things we are talking about,.without the new 700,000 that has been talked about. And that is why we (NNPC) as the partner of 80 percent of those who produce oil and gas in this country have decided to stop the debate. We have declared a war and war means war. We have the right troops. We know what to fight. We know what we have to do at the level of assets and we’ve engaged our partners.
“Any partner that doesn’t do what it should do will get it done. We can’t wait for anyone, we are moving on. We cannot afford to negotiate any further. So, we have stopped the debate. And by war what it means is that we are looking at every asset, every issue that is associated with it. We’ll partner with our counterparts but if it doesn’t happen, we get it done and this is the meaning of the war. From security, assets to integrity to everything you can think of.
“As a matter of fact and as you all know, our pipeline network today, the major trunk line delivering crude to Bonny and Forcados and Brass and all of them as you all know are all constructed in 1970. No pipeline survives this. With or without the vandal action or the theft, we have taken another major decision that we’ll replace these pipelines. On this no debate. And when we replace them everybody must flow his crude inside this line. It’s not just a business decision, it’s a national decision. We are very determined to deliver on this and we will move on.”
The NNPC helmsman called on all players in the industry to collaborate towards reducing the cost of production and boosting production to target levels. He expressed the Company’s commitment to investing in critical midstream gas infrastructure such as the Obiafu-Obrikom-Oben (OB3) and the Ajaokuta-Kaduna-Kano gas pipelines to boost domestic gas production and supply for power generation, industrial development and economic prosperity of the country.

Featured

 We’ll Be Intentional In Our Support To Improve NYSC Scheme -Fubara

Published

on

Rivers State, Sir Siminalayi Fubara, has assured members of the National Youth Service Corps (NYSC) of his administration’s commitment to supporting and strengthening the scheme in the State.

Fubara gave the assurance last Friday at the NYSC permanent orientation camp, Nonwa-Gbam, Tai Local Government Area in the State, during the swearing-in ceremony of 2026 Batch B Stream II orientation course.

Represented by the Permanent Secretary, Cabinet Bureau, Office of the Secretary to the State Government, Dr. Promise Oguzie, the governor said the State Government would remain intentional in providing the necessary support to improve the NYSC scheme and enhance the experiences of corps members deployed to the state.

He charged the corps members to be role models and quality nation-builders in their service to the good people of Rivers State in particular, and Nigeria at large.

“I charge you to be exemplary, dedicated and committed in all you do. Take full advantage of all the camp programmes and activities to enrich yourselves”, he said.

In his welcome address, the State Coordinator of NYSC in Rivers State, Mr. Moses Oleghe, urged corps members to see their deployment to Rivers State as a “veritable opportunity to make meaningful contribution to the growth of the State in particular and Nigeria at large.”

He further charged them to serve with all sense of “integrity,  discipline, and the fear of God, especially when they will be engaged as INEC ad-hoc staff that will conduct the 2027 general elections.”

A total of 3,584 corps members composed of 1,421 males and 2,163 females were sworn in by the Chief Judge of Rivers State, who was represented by Justice Godspower Aguma.

 

 

Continue Reading

Featured

Fubara: Nigeria Needs God-fearing Leaders To Make Progress  …Applauds Seventh Day Adventist

Published

on

Governor of Rivers State, Sir Siminalayi Fubara, says Nigeria needs God-fearing leaders for the nation to move in the right direction and make meaningful progress.

The Governor stated this yesterday when he received in audience, the World President of the Seventh Day Adventist Church, Pastor Erton Kohler; his wife, Andriene Marques Kohler; daughter Mariana Marques Kohler and a retinue of ministers of  the church at Government House, Port Harcourt.

Fubara who hailed  the Seventh Day Adventist Church for its contributions to education and the grooming of future leaders in Nigeria,  expressed delight  that the  Church had over the years,  been investing in education at various levels and currently runs two universities in the country.

He commended the church for not only using its  institutions to spread the gospel of  Christianity but to groom future leaders for the country.

According to him, religion should not be just about defending one’s faith, but also  making meaningful impact on the lives of the people.

He said that by floating these educational institutions, the church has demonstrated capacity to support Nigeria  in the task of producing not only educated people but a breed of God-fearing  leaders.

“Our country is where  it is today because we lack the fear of God. If you have the fear of God, there should be a limit to what you can do because you understand the supremacy of God. But when God is not in your equation,  you’ll go beyond the line and that is what has brought us to where we are today.

“So, I feel very happy that you are contributing to the development of our future leaders in this country. We need the right people being in the right place; prepared properly with good minds; that is what we need, not just in Nigeria but round the whole world.,” he said.

Governor Fubara further observed that the absence of God-fearing people in high places to take the right decisions that could impact positively on the society,  has also given rise to other problems such as social  inequality, poverty, corruption  and criminality. According to him, Nigeria needs a  system where the average parent could afford  quality education for their children and a  guarantee that upon graduation, the average  child  will have the  capacity to compete favourably with anybody, anywhere in the world.

“If we have a  situation where the little money that you’re being  paid as wage can also afford you quality healthcare and after working at least for 15-20 years, you have a roof over your head, tell me why you should be involved in any kind of crime? At that point, you’ll feel secured and this attitude of insecurity about the future that leads to all the social vices  we have today won’t be there,” he said.

Governor Fubara expressed appreciation to  the  delegation for the visit and for their prayers for Rivers State, assuring them of his continued support for their programmes in the state.

Leader of the delegation and World President of the Seventh Day Adventist Church, Pastor Erton Kohler said he was in Nigeria for a special conference of the church during which thousands of the church’s  ministers will  be undergoing  an  empowerment programme to further equip  them for the task of herding their flocks and serving the society.

He expressed gratitude to the Governor for the warm reception accorded his entourage, saying the memory of the visit will linger in his mind for a lifetime.

Kohler disclosed that the Church has over twenty -four million  (24,000,000) members and more than 182,000 places of worship,  spread across 212 countries of the world.

 

 

 

 

Continue Reading

Featured

Rivers Assembly Approves Fubara’s 2026–2028 MTEF

Published

on

The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.

 

This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.

 

The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.

 

Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.

 

Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.

 

He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.

 

The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.

During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.

 

The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.

 

Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.

 

Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.

 

The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.

 

According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.

 

Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.

 

The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.

 

King Onunwor

Continue Reading

Trending