Home Blog Page 140

How International Oil Companies Are Frustrating Us, Trying To Make Our Oil Refinery To Fail – Dangote

Dangote Refinery

Dangote Industries Limited (DIL), has painted a picture of how International Oil Companies (IOCs) in Nigeria are doing everything possible to frustrate the survival of Dangote Oil Refinery and Petrochemicals.
Devakumar Edwin, who is the Vice President, Oil and Gas of the Industries , said that the IOCs are deliberately and wilfully frustrating the refinery’s efforts to buy local crude by jerking up high premium price above the market price, thereby forcing it to import crude from countries as far as United States, with its attendant high costs.
Speaking to a group of Energy Editors at a one-day training programme, organised by the Dangote Group, Edwin lamented the activity of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in granting licences, indiscriminately to marketers to import dirty refined products into the country.
“The Federal Government issued 25 licences to build refinery and we are the only one that delivered on promise.
“In effect, we deserve every support from the Government. It is good to note that from the start of production, more than 3.5 billion litres, which represents 90 per cent of our production, have been exported.
“We are calling on the Federal Government and regulators to give us the necessary support in order to create jobs and prosperity for the nation.
“While the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) are trying their best to allocate the crude for us, the IOCs are deliberately and willfully frustrating our efforts to buy the local crude. It would be recalled that the NUPRC, recently met with crude oil producers as well as refineries owners in Nigeria, in a bid to ensure full adherence to Domestic Crude Oil Supply Obligations (DCSO), as enunciated under section 109(2) of the Petroleum Industry Act (PIA).
“It seems that the IOCs’ objective is to ensure that our Petroleum Refinery fails.
“It is either they are deliberately asking for ridiculous/humongous premium or, they simply state that crude is not available.
“At some point, we paid $6 over and above the market price. This has forced us to reduce our output as well as import crude from countries as far as the US, increasing our cost of production.
“It appears that the objective of the IOCs is to ensure that Nigeria remains a country which exports Crude Oil and imports refined Petroleum Products. They (IOCs) are keen on exporting the raw materials to their home countries, creating employment and wealth for their countries, adding to their GDP, and dumping the expensive refined products into Nigeria – thus making us to be dependent on imported products.
“It is the same strategy the multinationals have been adopting in every commodity, making Nigeria and Sub-Saharan Africa to be facing unemployment and poverty, while they create wealth for themselves at our expense.
“This is exploitation – pure and simple. Unfortunately, the country is also playing into their hands by continuing to issue import licences, at the expense of our economy and at the cost of the health of the Nigerians who are exposed to carcinogenic products.”In spite of the fact that we are producing and bringing out diesel into the market, complying with ECOWAS regulations and standards, licences are being issued, in large quantities, to traders who are buying the extremely high sulphur diesel from Russia and dumping it in the Nigerian Market. Since the US, EU and UK imposed a Price Cap Scheme from 5th February, 2023 on Russian Petroleum Products, a large number of vessels are waiting near Togo with Russian ultra-high sulphur diesel and, they are being purchased and dumped into the Nigerian Market.
“In fact, some of the European countries were so alarmed about the carcinogenic effect of the extra high sulphur diesel being dumped into the Nigerian Market that countries like Belgium and the Netherlands imposed a ban on such fuel being exported from its country, into West Africa, recently.
“It is sad that the country is giving import licences for such dirty diesel to be imported into Nigeria, when we have more than adequate petroleum refining capacity locally…”
It would be recalled that in May, Belgium and Netherland adopted new quality standards to halt the export of cheap, low-quality fuels to West Africa, harmonising its standards with those of the European Union. These measures synchronise fuel export standards with the European domestic market, specifically targeting diesel and petrol with high sulphur and chemical content. Historically, these fuels, with sulphur content reaching up to 10,000 ppm, were exported at reduced rates to countries like Nigeria and other West African consumers.Belgium’s Minister of Environment, Zakia Khattabi, announced that his country followed the Netherland, which in April 2023 also prohibited the export of low-quality petrol and diesel to West Africa via the ports of Amsterdam and Rotterdam.
Khattabi emphasised that the Netherlands’ decision to restrict dirty fuel exports had redirected the trade to Belgium, now used by oil producers and traders to export gasoline with excessively high levels of benzene and sulphur.“For far too long, toxic fuels have been departing from Belgium to destinations including Africa.
They cause extremely poor air quality in countries such as Ghana, Nigeria, and Cameroon and are even carcinogenic,” said Khattabi.
In September 2017, an investigation by an international organisation, Public Eye revealed that polluted and toxic fuels were being exported on a large scale from the ports of Rotterdam and Amsterdam for export to African markets. As much as a quarter of the petrol and diesel available in West Africa originates from the ports of Amsterdam, Rotterdam, and Antwerp. These fuels contain sulphur and other pollutants, such as cancer-causing benzene, in quantities up to 400 times the limits permitted in Europe.
The Netherlands and Belgium were enjoined to enforce regulations to shield millions of Africans from exposure to toxic fuels.
The decision of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), in granting licenses indiscriminately for the importation of dirty diesel and aviation fuel has made the Dangote refinery to expand into foreign markets.
The refinery has recently exported diesel and aviation fuel to Europe and other parts of the world.
The same industry players fought us for crashing the price of diesel and aviation fuel, but our aim, as I have said earlier, is to grow our economy.He noted that because the refinery meets the international standard as well as comply with stringent guidelines and regulations to protect the local environment, it has been able to export its products to Europe and other parts of the world.While appealing to the Federal Government and the National Assembly to urgently intervene for speedy implementation of the PIA and to ensure the interest of Nigeria and Nigerians are protected.
“Recently, the government of Ghana, through legislation has banned the importation of highly contaminated diesel and PMS into their county. It is regrettable that, in Nigeria, import licences are granted despite knowing that we have the capacity to produce nearly double the amount of products needed in Nigeria and even export the surplus. Since January 2021, ECOWAS regulations have prohibited the import of highly contaminated diesel into the region.”

Niger Gov, Umaru Bago, Calls For Probe Of N90 Billion Hajj Subsidy, ‘Failed’ 2024 Hajj Operations

The Governor of Niger State, Umaru Mohammed Bago has called on the National Assembly to investigate the alleged mismanagement of N90 billion federal government’s subsidy for the 2024 Hajj operations in Saudi Arabia.
The governor, who spoke to newsmen in Makkah today, June 23, accused the National Hajj Commission of Nigeria (NACON) of Alleged poor handling of substantial public funds allocated for the annual pilgrimage.
“It is unfortunate, and there is a need for the National Assembly to probe these funds.”
Governor Bago, who expressed concern over the transparency and efficiency of NACON’s financial operations, said that he intends to spearhead efforts within the Nigeria Governors’ Forum (NGF) to propose a legislation aimed at dismantling NACON’s operational authority.
“NACON is not helping matters. The government has no business in doing this business.”
He suggested a privatized approach on Hajj operations to ensure better efficiency and accountability in managing of the Hajj affairs.
Governor Bago labelled NACON’s performance during the 2024 Hajj operations as “a resounding failure.”
“In a nutshell, the 2024 Hajj operation is a failure.”
He emphasized the urgent need for systemic reforms to prevent further mismanagement and to safeguard the welfare of pilgrims.
Governor Bago accused NACON of going beyond its regulatory role by taking on operational responsibilities.
“But for us as a country, we have failed. We have failed and continue to fail and fail and fail.”
“NACON is supposed to be a regulator, not an operator. But NACON has decided to continue to play the part of operation and therefore they failed the programme.”
He cited the alleged mishandling of critical tasks including feeding, accommodation, transportation, and medical services.
“In my state, we lost two pilgrims in Medina due to medical issues that proper screening could have prevented. Another four perished due to the heat wave.”
The governor called for an immediate overhaul of NACON’s operations, advocating for state governments to take charge of pilgrimage logistics.
“Let state governments be able to do the right thing – screen their pilgrims, check their health statuses.”
He insisted that NACON is inefficient and cultural insensitive.

Fire At Christ Embassy Church: We’ll Build Bigger, Church And Put Devil To Shame – Oyakhilome

President and founder of LoveWorld Incorporated, popularly known as Christ Embassy, Pastor Chris Oyakhilome has vowed to build a bigger, better and more glorious church after the fire outbreak at the church today, June 23.
Reacting to the incidence during Sunday service at the church’s campground in Ogun State, Pastor Oyakhilome said: “we will build a bigger, better, and more glorious one, and the devil will lick his wound.”
He reassu the congregation that the church would build a bigger headquarters.
“Nothing happens in the life of a child of God by accident. During the 2001 Ikeja cantonment bombing incident, the building vibrated so much, and we thought it was going to collapse.
“I thought to myself that if it collapsed, I was going to build a bigger, better one. At the end of the day, it didn’t collapse, and we called the engineers to see if there was any need to bring it down and rebuild, but it was still okay.
“Now that this has happened, we will build a bigger, better and more glorious edifice.”

NNPC Limited On Gas Revolution, Launches Obiafu-Obrikom-Oben Gas Pipeline Project

The Nigerian National Petroleum Company Limited (NNPC Ltd) has started preparations for the delivery of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project to revolutionize nationwide gas supply to drive industrialization and economic growth.
The news was dropped by the Group Chief Executive Officer of NNPC Ltd, Mele Kolo Kyari during an inspection tour of the OB3 pipeline River Niger Crossing operation at Aboh, Delta State, yesterday, June 22.
A statement today, June 23 by the spokesperson of the NNPC Limited, Olufemi Soneye said that by design, the OB3 Gas pipeline is the inter-connector which links the Eastern gas pipeline network to the Escravos-Lagos Pipeline System (ELPS) in the West and the Ajaokuta-Kaduna-Kano (AKK) Pipeline in the North.
The statement said that River Niger Crossing operation has been the major impediment to the completion of the strategic OB3 Gas Pipeline for over three years due to failure of the various technologies deployed to achieve the construction of the 48-inch pipe under the river bed between Ndoni in Rivers State and Aboh in Delta State.
It said that with the adoption of the Micro-Tunnelling/Direct Pipe Installation technology, the new contractors, Messrs HDD Thailand/Enikkom and Tunnelling Services Group (TSG), are making a headway with about 860meters out of the 1,800meters achieved so far.
Soneye quoted Mele Kolo Kyari as expressing delight at the breakthrough, which signals the imminent completion of the project.
“This is a major project of monumental value to our country. What this means is that this is the only way we can deliver the gas revolution. I am very happy and convinced that, latest by the middle of August, we will complete this project. I have been assured of that by the project team.”
On the significance of the project, he said: “Once completed, we will see about 2.2billion standard cubic feet of gas coming into our network. We believe that this will give our country a breathing space of demand, I am sure we can catch up with that kind of demand in the next one and half years. We are happy that this will give us the platform to unleash the gas revolution in our country.”
The statement also quoted the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, as expressing satisfaction with the pace of work at the OB3 River Niger Crossing operation, describing it as “Renewed Hope at work.
“I was here last year and I saw the work that was going on. There was a promise that it would be completed by December last year. I took it with a doubt. But today, from what I can see, I am confident that by July or August it will be completed and it will be commissioned by the President.”
Also the Special Adviser to the President on Energy, Olu Verheijen was quoted to have said that she was looking forward to the completion of the project having been assured by the technical team that the right technology has been found to resolve the complex challenges of the River Niger Crossing.
“As the Minister and other speakers have said, we are looking forward to having this project deliver prosperity to Nigerians in the form of electricity and other areas.”
The Managing Director of Tunnel Service Group (TSG), one of the contractors to the project, Ingo Justen, who is personally on ground to supervise the project on the request of the GCEO, expressed confidence that the current technology being applied in the execution of the project would lead to its speedy conclusion.
In a presentation earlier, the Managing Director of NNPC Gas Infrastructure Company (NGIC), Engr. Seyi Omotowa, disclosed that at the rate of progress with the new technology deployed, the River Niger Crossing operation, which is the only aspect of the OB3 Gas Pipeline Project left, will be achieved on schedule.

Raging Fire Engulfs Christ Embassy Church In Lagos 

A raging fire has gutted the headquarters of Christ Embassy Church located in Oregun area of Ikeja, Lagos State. The church belongs to the popular televangelist pastor, Pastor Chris Oyakhilome.
A multiple videos on X now trending show how the massive edifice is being destroyed by fire.
Officials of the Lagos State Fire and Rescue Service have since swung into action to put out the fire.
The area has been cordoned-off by the police to prevent a breakdown of law and order.
Source: CHANNELS TV.

NIMC Cautions Nigerians Against Giving Data Of Their National ID To Fake Websites 

 

The National Identity Management Commission (NIMC) has cautioned Nigerians against exposing the data of their national identification numbers to certain fake, unauthorized websites.
In a statement today, June 22, the Head of the Corporate Communications of the Commission, Kayode Adegoke, listed such websites as idfinder.com.ng; Verify. Ng/sign in, championtech.com.ng, trustyonline.com, and anyverify.com.
Kayode Adegoke said that these websites
are data harvesters and that they are not authorised by NIMC to access or manage sensitive data.
“NIMC urges the public to disregard any claims or services these websites offer and should not give their data as they are potentially fraudulent and data provided by the public on such websites are gathered and stored to build the data services they illegally provide.”
The spokesperson debunked the story making the rounds about the exposure of sensitive data of Nigerian citizens as it concerns the Commission amongst many other data-collecting agencies.
He assured members of the public that the data of Nigerians has not been compromised and that the Commission has not authorised any website or entity to sell or misuse the National Identification Number (NIN).
“The public should know that the Commission has taken robust measures to safeguard the nation’s database from cyber threats- a secure, world-class, full-proof database is in place.
“The commission’s infrastructure meets the stringent ISO 27001:2013 Information Security Management System Standard, with annual recertification and strict compliance with the Nigerian Data Protection Law.
“Furthermore, NIMC advises Nigerians to avoid giving their data to unauthorised and phishing sites. This poses the danger of data harvesting and comprises individual data.
“The Commission reaffirms its commitment to upholding ethical standards in data protection in line with federal government directives and data privacy regulations. Moreover, licensed partners or vendors are not authorised to scan or store NIN slips but to verify NINs through approved channels.
“The Commission is currently working closely with security operatives to apprehend these elements masquerading as online vendors, and they will be made to face the full wrath of the law.
“NIMC urges the public to remain vigilant against false information and rely on verified sources for accurate updates. “The Commission remains committed to providing secure and reliable identity management and upholding the highest level of security for systems and databases, which are critical national assets.”

When Atiku Abubakar Paid Sallah Homage On Buhari In Daura

Leader of the Nigeria’s main opposition People’s Democratic Party (PDP) and former Vice President, Alhaji Atiku Abubakar, today, June 22, visited the immediate past President Muhammadu Buhari in his Daura country home, Katsina State.

Atiku, who contested the 2019 Presidential election with Buhari of the All Progressives Congress (APC), was accompanied on the visit, tagged “Sallah homage” by key stakeholders of the PDP.
The visit was captured in a Facebook post by one of the spokesmen of Atiku, AbdulRasheed Shehu.

How CBN Policy Tightening Is Slowing Monthly Inflation – NBS

Nigeria’s headline month-on-month inflation rate is confirmed to have slowed for a third time in a row in May 2024, indicating that the Central Bank of Nigeria’s monetary policy tightening measures enacted this year are having the intended effect.

Headline inflation, according to the National Bureau of Statistics (NBS), decelerated in May to 2.14 per cent from a month earlier, slowing from 2.29 per cent in April and 3.02 per cent in March.
It said that the monthly rate has declined from as high as 3.12 per cent in February, reflecting a slowdown in price increases for essential goods and food. It added that inflation also fell for a third consecutive month to 2.28 per cent in May, from 2.50 per cent in April, and as much as 3.79 per cent in February. the NBS data shows that the monthly inflation trend underscores conviction from members of the CBN’s Monetary Policy Committee (MPC) that a combination of tighter monetary policy and appropriate coordinated fiscal measures from the Federal Government will prove effective in arresting the sharp increase in the cost of living that has afflicted Nigerians since the aftermath of the COVID-19 epidemic.
Report said that while year-on-year inflation has continued to inch higher, it is the monthly numbers that are the all-important indicators isolating the impact since the CBN began raising interest rates in February this year.
The Deputy Governor, Economic Policy Directorate at the CBN, Muhammad Sani Abdullahi, expressed happiness on the development, saying: “slowly but surely, the inflation tide is turning.
“While the numbers are not yet uniform for all measures, such as year-on-year across the entire country, we will continue to work diligently with coordinated policy measures to ensure that the worst of the inflationary cycle is behind us in the nearest future.
“Year-on-year inflation slowed in May for 13 Nigerian states, including Abuja, Akwa Ibom, Borno, Cross River, Delta, Katsina, Ondo, Oyo and Rivers.
“The month-on-month inflation rate decline, which is nationwide, is reflected in a slowing pace of price rises for some food staples.”
CBN Governor, Olayemi Cardoso has made tackling inflation his paramount mission as the essential path to achieving sustainable economic growth in the mid- to long-term and improving the standard of living for ordinary people.

Nigerian Pilgrims Begin Home Journey From Saudi Arabia

Pilgrims from Nigeria, who performed this year’s Hajj in Makkah and Medina, Saudi Arabia, have started their journey back home today.
Report reaching us at Greenbarge Reporters online newspaper indicated that Air peace flight APK 7901 departed Jeddah today, June 22, to Abuja, Nigeria’s Federal Capital at about 14:50 hours with 310 FCT pilgrims and seven Officials.
The information came from the Command and Control Center of the National Hajj Commission of Nigeria (NAHCON).

Most of the pilgrims left for the Holy land nearly a month ago and completed the Hajj rituals on June 19, 2024. There are about 60,000 Nigerian Muslims that participated in this year’s Hajj. Nearly two millions came from all over the world for the Hajj.

Femi Falana Accuses Judge In Kano Emirship Tussle Of Violating Supreme Court Rules

Femi Falana

A human rights lawyer, Femi Falana has accused Justice Muhammed Liman, of the federal high court, who delivered judgment on the current tussle in the Kano Emirate, of violating the Supreme Court rules.
Speaking in an interview on Arise TV today, June 21, Falana said that the supreme court had ruled that federal high courts do not have jurisdictions on chieftaincy matters.
Describing the judgment as “a bit confusing,” the Senior Advocate of Nigeria (SAN), said that the supreme court had issued two separate judgments limiting the powers of the federal high court on traditional institutions.
The human rights lawyer said that the judgments of the supreme court are binding on all authorities in the country.
Falana said that the apex court had ruled that being a chief is not a fundamental right and issues of chieftaincy should not be entertained by a federal high court.
“The order is a bit confusing. But what is important, which the learned judge did not address in his ruling, is the convenient way in which two solid judgments of the supreme court on the limitation of the power of the federal high courts to interfere in the affairs of traditional institutions.
“It cannot be done via fundamental rights application. I listened to him, his lordship was talking about the need to respect the rule of law.
“In any country that loudly claims to pronounce and operate under the rule of law, the judgments of the supreme court are binding on all authorities.
“It is a mockery of the rule of law, if the high court judge decides to ignore or overrule the judgments of the supreme court.”
Justice Muhammad Liman had yesterday, June 20, nullified the decisions of Abba Yusuf, governor of Kano State, taken on May 23, 2024.
The judge held that the defendants were aware of an interim order previously granted by the court but ignored it and implemented the Kano Emirates Council Law 2024.
He however, ruled that his order did not affect the validity of the emirate law passed by the state house of assembly.
Recall that on May 23, the Kano State governor announced the reinstatement of Muhammadu Sanusi as Emir of Kano.

Advertisement ADVERTORIAL
WP2Social Auto Publish Powered By : XYZScripts.com