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FG Plans Review Of Petroleum Industry Act
The Permanent Secretary of the Ministry of Petroleum Resources, Mr Gabriel Aduda, says the Ministry plans to review the implementation of the Petroleum Industry Act (PIA).
This, he said, would be with stakeholders in the upstream and downstream sectors, after two years of its implementation.
Aduda disclosed this at the ongoing Oil Trading and Logistics (OTL) Africa Week 2023, in Lagos, yesterday.
The theme of the 2023 OTL is “Energy, Synergy, and New Beginnings.”
He called on operators in the Nigerian downstream sector to work together and pool resources to invest in refining petroleum products to address the country’s energy crises.
He stressed that the quality of technology possessed by the operators should not be a barrier to investment in refining.
According to him, the review will identify the pros and cons of the Act and all the areas that need to be addressed.
“The review is expected to be held before the second week of December 2023, when all oil and gas industry players would gather to discuss all the fundamental issues that need to be addressed in the Act.
“It is crucial for all players in the oil and gas industry to embrace the spirit of synergy, adding that the energy landscape is rapidly evolving,” he said.
He emphasized that the solution to Nigeria’s product refining lies in the willingness of the private sector to make a difference, collaborate, learn, and inspire one another.
He noted that it is the responsibility of the players in the downstream sector of the oil and gas industry to shape a future where energy is clean, accessible, and equitable for all.
“While much attention has been focused on the upstream sector (exploration and production) in discussions about energy transition.
“The downstream sector, which involves refining, distribution, and marketing of petroleum products, plays a crucial role in this transition.
“With the level of technology that is at their disposal no matter how crude they are.
“Why can’t we begin to think in the area of harnessing the limited potentials that we have and see how we can put things together to evolve a clear home-grown technology?
“That we can build on to be able to deliver the energy future of our dream,” the permanent secretary said.
Aduda also advocated the need for the petroleum industry regulators in Nigeria, including the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA), to offer supportive regulation to the investors in the sector.
According to him, the beauty of the regulation is to help the industry in Nigeria to be globally competitive and acceptable, to attract more investors, and to put a check on their activities.
Aduda further hinted that infrastructure in the downstream sector was a major factor facing the sector.
“Today, we embark on an investment road show globally to attract investors to Nigeria, but one of the major concerns being raised is lack of investment in the sector”, he said.
He, therefore, noted that the downstream sector is no longer confined to traditional boundaries.
According to him, it is about collaboration, innovation, and adaptability.
“The challenges we face are not unique to any single entity but shared by all.
“Together, we can overcome them and pave the way for a brighter, more sustainable future.
“The energy sector is witnessing a renaissance of sorts, heralding new beginnings.
“As we move towards a more sustainable, eco-friendly future, our industry must lead the charge.
“Nigeria, as a significant player in the global energy landscape, faces the challenge of balancing its hydrocarbon-based economy with the need to transition towards cleaner and more sustainable energy sources,” Aduda added.
He emphasized the importance of ensuring the availability and guaranteeing the gas supply before the discussions around the conversion of buses to Compressed Natural Gas (CNG) were put in place.
He said, “The downstream players must work with the government to expand trunk and distribution gas pipelines across the country, as well as supply and distribution of refining capacity expansion, supportive regulations, renewable energy integration, and workforce development.
“As laudable as the Presidential Initiative on CNG is for example, we must be careful not to put the cart before the horse, we need the buses, we need the converters but then where is the gas?”
Similarly, the Chairman Advisory Board, OTL Africa Downstream Energy Week, Mr Adetunji Oyebanji, said the event had a strong presence in the industry.
Oyebanji noted that the ongoing conflicts in Eastern Europe and the Middle East had continued to transmit volatility, while the energy transition had challenged markets and forced operators to innovate.
According to him, closer home, policy, and political changes remain a factor, with market players keen for clarity for their operations.
“These factors have combined to make OTL 2023 very important, as we look forward to robust engagements,” Oyebanji said.
News
Nigeria Exceeds OPEC Quota As Production Hits 11-month High
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with the country exceeding its Organisation of the Petroleum Exporting Countries (OPEC) production quota.
The average crude oil production recorded during the month of May represents 102 per cent of Nigeria’s 1.5mbpd of production quota allocated by the OPEC.
The production report released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, disclosed that Nigeria’s oil production averages 1,530,354 barrels of crude oil and 170,446 barrels of condensates per day (bpd).
According to the report, this brings the total combined production to 1, 700, 800 barrels per day and consolidating Nigeria’s position as Africa’s largest oil producer.
The report said the production performance during the review period remained robust, with combined crude oil and condensate output ranging between a low of 1.51 million bpd and a peak of 1.86 million bpd.
It said the May 2026 production figures represented the highest recorded by Nigeria since July 2025, when output surged to 1,712,282.
“In strict crude oil terms (excluding condensates), the 1.53 million barrels recorded in May 2026 represents the highest Nigeria has witnessed since January 2025 when crude oil production hit 1.538mbpd.
“The latest crude oil production statistics thus represents a 15-month high on a month on month basis, production rose by 2.77 per cent in May 2026 as against 1.48mbpd in April,” it said.
The report said the broader production trend over the last five months had also remained positive.
It said combined crude oil and condensate output increased from 1.48 million bpd in February to 1.54 million bpd in March, 1.66 million bpd in April, and then 1.7 million bpd in May, underscoring sustained growth in Nigeria’s hydrocarbon production levels.
According to the report, among production streams, Bonny Terminal led the pack with a total blend of 293,870 bpd, closely followed by Forcados Terminal at 289,900 bpd, Qua Iboe ranked third with 173,360 bpd, while Escravos Oil Terminal contributed 135,470 bpd.
It said the Odudu (Amenam Blend) completed the top five production streams, accounting for 63,250 bpd during the month under review.
The NUPRC attributes the rise in production to a sustained positive momentum as operations remained stable throughout the reporting period with no significant pipeline or facility outages recorded.
Additionally, all previously scheduled turnaround maintenance activities had been successfully completed, contributing to improved operational reliability and production efficiency.
News
Reps Pass State Police Bill
The House of Representatives, yesterday passed a landmark constitutional amendment bill to establish state police nationwide, marking a significant milestone in Nigeria’s decades-long debate over decentralising policing and strengthening internal security.
The bill, titled “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to Provide for the Establishment of State Police and for Related Matters (Sixth Alteration) Bill, 2026,” was approved during consideration at the Committee of the Whole, presided over by Speaker of the House, Rt. Hon. Tajudeen Abbas.
Voting commenced after the Deputy Speaker and Chairman of the House Committee on Constitution Review, Hon. Benjamin Kalu, presented the report on the proposal and canvassed support from lawmakers, stressing the need for a more decentralised policing framework to effectively address the country’s growing security challenges.
The exercise was conducted manually, with members raising their hands to indicate their positions. At the end of the voting, 289 lawmakers voted in support of the bill, one member abstained, while none voted against it, reflecting overwhelming bipartisan backing for the far-reaching reform.
The proposed amendment seeks to fundamentally restructure Nigeria’s policing architecture by creating both Federal and State Police formations.
One of the bill’s key provisions amends Section 214 of the 1999 Constitution to formally establish the Federal Police and the State Police. Under the proposal, the National Assembly would be empowered to prescribe the structure, organisation, administration and powers of the Federal Police, while also providing the legal framework and minimum standards for the establishment and operation of state police services.
The bill stipulates that no state police formation shall commence operations unless it is established by a law enacted by the relevant State House of Assembly and certified as complying with national minimum standards prescribed by an Act of the National Assembly.
It further provides that until a state police force becomes operational, the Federal Police shall continue to exercise policing powers and responsibilities within such states.
In a bid to preserve the autonomy of state police formations and prevent undue federal interference, the bill limits federal intervention in states’ internal security affairs. Under the proposal, the Federal Police may intervene only where there is a complete breakdown of law and order, upon the request of a governor or where a state police force becomes unable to function due to administrative, financial or other operational challenges.
The amendment also proposes significant changes to the police’s appointment and command structure.
Under the amended Section 215 of the Constitution, the Inspector-General of Police would be appointed by the President on the advice of the Nigeria Police Council from among serving members of the Federal Police, subject to confirmation by the National Assembly.
Similarly, a State Commissioner of Police would be appointed by a governor on the advice of the Nigeria Police Council from among serving officers of the State Police, subject to confirmation by the respective State House of Assembly.
The bill empowers governors to issue lawful directives to State Commissioners of Police on matters relating to public safety and the maintenance of law and order. However, where a commissioner considers such directives unlawful or inconsistent with accepted policing standards, the matter may be referred to the Nigeria Police Council, whose decision shall be final.
The proposal also amends Section 84 of the Constitution by replacing references to the “National Police Council and the Federal Police Service Commission” with the “Nigeria Police Council and the Police Service Commission.”
The passage of the bill by the House represents one of the most far-reaching security reforms contemplated since the return to democratic rule in 1999 and is expected to rekindle nationwide debate on issues relating to funding, accountability, operational control and safeguards against abuse.
With the House’s approval, the constitutional amendment bill will now proceed to the Senate for concurrence. Thereafter, it must secure the endorsement of at least two-thirds of the State Houses of Assembly and receive presidential assent before becoming part of the Constitution of the Federal Republic of Nigeria.
If eventually enacted, the legislation would usher in a new era of multi-layered policing in Nigeria and could redefine the country’s approach to tackling banditry, terrorism, kidnapping and other forms of violent crimes through a more localised security architecture.
News
FG Declares Today Public Holiday To Mark Democracy Day
The Federal Government has declared today, public holiday to commemorate Nigeria’s 27 years of unbroken democratic rule.
This is contained in a statement in Abuja, by the Permanent Secretary, Ministry of Interior, Magdalene Ajani.
Ajani said that the Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government.
Tunji-Ojo reaffirmed the federal government’s commitment to the preservation of democratic ideals, rule of law, transparency, accountability and inclusive governance.
He assured that the ministry in collaboration with relevant security agencies woulsd continue to take appropriate measures in maintaining and strengthening Nigeria’s internal security.
The minister noted that a secured and stable environment was essential to democracy and national development.
He urged Nigerians to see the holiday as an opportunity for civic reflection.
“As we mark this historic day, every Nigerian is encouraged to remain law-abiding, uphold the institutions that sustain our democracy, and remember that the strength of any democracy lies ultimately in the character of its citizens,” he said.
He also said that June 12 every year remained a significant day in Nigeria’s history in honour of the courage, resilience and sacrifices of Nigerians whose efforts made democratic governance possible.
“Their legacies continue to inform the values and responsibilities of the Nigerian state,”Tunji-Ojo added.
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