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Bayelsa Gov’t Urges FG to Establish Gas Terminal, Restart Brass Fertilizer Plant

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From Mike Tayese, Yenagoa

The Bayelsa State Government has called on the federal government to establish a liquefied natural gas terminal in the state to optimize economic benefits accruing from the gas sub-sector of the country’s petroleum industry.

The state Deputy Governor, Senator Lawrence Ewhrudjakpo made the call when the Minister of State for Petroleum Resources (Gas), Hon.

Ekperikpe Ekpo, paid a courtesy visit to Government House, Yenagoa.

Ewhrudjakpo, in a statement by his Senior Special Assistant on Media, Doubara Atasi also stressed the need for the federal government to resume and complete work on the abandoned Brass Fertilizer Company for the general good of the country.

Describing Bayelsa as the headquarters of gas in Nigeria, the Deputy Governor lamented that the state had nothing commensurate to show for its huge natural gas endowment and contribution to the economic development of the nation.

According to him, about 60 percent of the total gas feedstock or supply to the liquefied natural gas (LNG) export terminal at Bonny Island was transported from Bayelsa.

He maintained that it would make a lot of economic sense for the Federal Government to establish another gas processing and export terminal in Bayelsa in its next phase of investment in the sub-sector to cut off the cost of transporting the raw material.

On the Brass Fertilizer Plant, the Deputy Governor said the State Government was prepared to partner all relevant federal authorities to ensure that work on the project takes off the ground.

He equally appealed to the visiting Minister to prevail on the Nigerian Content Development and Monitoring Board (NCDMB) to ensure that companies handling fabrication components of contracts carried out such projects in the state to meaningfully engage youths in relevant areas.

In his remarks, the Minister of State for Petroleum (Gas), Ekperikpe Ekpo said his team was in Bayelsa to meet with the management of the NCDMB to work out modalities for improvement in the gas subsector of the petroleum industry.

He said the current federal government takes the issue of developing the gas subsector seriously with a view to reducing the cost of transportation in the country.

The Minister commended Governor Douye Diri for identifying with President Bola Tinubu, particularly his timely and mature handling of the “End Bad Governance” protest and thereby sustaining peace in the state.

“I am here in Bayelsa to meet with the NCDMB management team to deliberate and discuss the issue of gas; how we are going to progress in that sector. And of course, gas is the way to go today.

“The progress of Nigeria today depends on gas. With gas in total circulation, there would be reduction in transportation fare. The economy of this country does well with gas because we have it in abundance. That is why I am here.

“Let me use this opportunity to equally thank you and the Governor of Bayelsa State, for what I have heard that you have appointed two members of the APC as commissioners into your state executive council. This is how politics should be played, and I believe if we take it in this route, peace will be sustained.

“Thank you for maintaining peace in Bayelsa State. I heard on the first day of the end of the bad governance protest, when the boys came out, the Governor addressed them and asked them to relax; assuring everything would be put in place.

“I wouldn’t be here if there was continued protest in Bayelsa. So, I salute your courage; I salute your government, and I salute the people of Bayelsa State for identifying with President Ahmed Bola Tinubu,” he said.

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Customs Intercept Contraband Worth N510.92m in Two Conths

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The Nigeria Customs Service (NCS), Federal Operations Unit Zone C, says it intercepted contrabands with a Duty Paid Value (DPV) of N510.92 million between July 15th and September 15th, 2024.The zone covers the six states in the South-South geopolitical zone and the five states in the Southeast geopolitical zone.

This is contained in a statement signed by Jerry Attah, Public Relations Officer, NCS, Zone C, and made available to journalists on Wednesday.
According to the statement, Comptroller Michael Ugbagu, NCS, Zone C, gave the statistics while showcasing the seized contraband to relevant regulatory agencies at the Government Warehouse in Edo.Ugbagu said that the zone also recovered the sum of N25.
57 million from demand notices raised based on some infractions noticed, making a cumulative sum of N536.49 million recorded within the months under review.“The DPV was derived from our seized goods, which include 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without an NAFDAC number.“1,015 sacks of dry donkey meat and skin, 75 jumbo bales of second-hand clothing, 463 cartons of foreign spaghetti, 269 pieces of used pneumatic tires, and 56 cartons of smuggled foreign tomato paste.“More worrisome is the interception of 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without NAFDAC registration numbers.”He noted that the cough syrup with codeine and tramadol without NAFDAC registration numbers, if not intercepted, could have had adverse effects on youths.He added that the items were mostly intercepted along the Ewu-Okada/Benin expressways based on credible intelligence. (NAN)

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APC Forum Decries Deplorable Condition of Federal Roads

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The Forum of Stakeholders of the All Progressive Congress (APC) has decried the deplorable condition of some federal roads in Nigeria. Alhaji Saleh Zazzaga, the North-Central Chairman of the forum, said this in an interaction with newsmen on Wednesday in Jos. Zazzaga described some of the federal roads as ”death traps”, particularly those within the north-central region.

He said that some of the deplorable roads in the region include Jos-Akwanga, Makurdi-Oturkpo-Otukpa, Makurdi-Ankpa, and Jos-Saminaka.
Other roads that needed urgent attention, he said, included Suleja-Minna, Ejule-Otukpa, Ganawuri-Manchok, Lokoja-Abuja, Lapai-Agaie-Bida, Birnin-Gwari-Bokani-Mokwa, Minna-Zungeru-Tegina-Kontagora.
”Currently, the north-central region has the most deplorable roads and highways in the country. ”These deplorable roads have brought severe hardship on the people and lost lives and property through preventable road traffic crashes. ”We call on President Bola Tinubu to intervene and ensure the rehabilitation of these roads because good roads are vital enablers of development,” he said. The chairman also called on governors of states within the region to reconstruct the dilapidated roads and seek refunds from the federal government. ”Though these are largely federal roads, they are located within states, and the beneficiaries are the people of these states. ”So we call on state governments to reconstruct these roads and seek refunds from the federal government,” he added. (NAN

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Yuan Strengthens 7. 087 Against Dollar

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The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 160 pips to 7.087 against the dollar on Wednesday.This is according to the China Foreign Exchange Trade System.In China’s spot foreigners exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.

The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
(Xinhua/NAN)

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