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Mystery Fire Guts NNPC Ibadan Depot




From Dele Ogunyemi, Ibadan

Mystery fire  gutted the Apata, Ibadan depot of the Nigeria National Petroleum Corporation (NNPC) on Wednesday.

The incident occurred at the loading section of the depot, according to eye witness accounts.

Sources hinted that one of the tankers on loading point caught fire and spread to other parts of the lapsing terminal.

No fewer than four fuel tankers were razed as the disaster loomed.

It took the internal fire service, workers and the effort of both the Fire service and the state arm of the same agency to put out the fire.

As at the time of filing this report, there has been no official statement as men of the State Fire Service were battling hard to put off the fire.

The development caused traffic gridlock on the ever busy Apata-Abeokuta Road.

It will be recalled that the
immediate past GMD of NNPC, Maikanti Baru, visited the Ibadan Depot in 2017 to recommission it for loading of petroleum products two years after the Depot suspended operations due to vandalization of pipelines from Mosinmi to Ibadan as well as breakdown of facilities at the Depot.

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The reopening of the depot was part of the turn-around maintenance of the government to ease fuel loading and distribution.

The then NNPC GMD said that President Muhammadu Buhari was concerned about the ease of fuel distribution and supply to every part of the company, which he said informed his commitment to upgrading of storage facilities across the country.

Baru remarked then that the reopening of the depot would ease the stress of transporting fuel from Lagos to Ibadan.


Pipeline Surveillance: Diri, INC Resolve Tompolo, Asari, Ateke Rift




From Mike Tayese, Yenagoa

Bayelsa State Governor, Senator Douye Diri, has alongside leaders of the Ijaw National Congress (INC) and other stakeholders calmed frayed nerves arising from the pipeline surveillance contract awarded by the Federal Government to High Chief Government Ekpemupolo aka Tompolo.

Governor Diri also said leaders of the Ijaw nation and other ethnic nationalities in the Niger Delta have resolved to work together to protect federal government facilities in the region.

The governor stated this at the weekend at the end of a meeting of critical stakeholders of the Ijaw nation led by the INC President, Prof.

Benjamin Okaba, in Government House, Yenagoa.

Senator Diri noted that the meeting examined the various issues that threatened the unity of the Ijaw nation following the award of the pipeline surveillance contract to Tompolo’s firm.

He explained that the meeting was held to foster peace and unity within Ijaw land and that all parties agreed to sheathe their swords.

Tompolo, King Ateke Tom and Chief Dokubo Asari had  representatives at the meeting.

His words: “I am happy that the issue has been put behind us. Beyond building consensus, all hands must be on deck to protect the oil pipelines.

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“Today, we have seen the end of the matter. Before now, there was a deafening silence in the INC. But today, that voice is resonating and I thank all Ijaw leaders that took it upon themselves to ensure that the Ijaws do not fight themselves.

“Tompolo and Asari are brothers. We have all come to a consensus to protect all federal presence, especially oil pipelines in the Niger Delta, as we sue for peace to attract development.”

Senator Diri commended Prof. Okaba and others for demonstrating leadership.

At the end of the meeting, the INC issued a communique titled: “We are stronger together” and was read by Prof. Okaba.

According to the communique, a five-man reconciliatory committee was constituted to interface with the various groups and individuals on the pipeline surveillance issue.

It further noted that the Ijaw people were irrevocably committed to the peace, unity and stability of the ethic group and other nationalities in the Niger Delta.

The communique stressed the people’s determination not to allow the pittance in the guise of oil pipeline surveillance create an arena of in-fighting and bloodshed in Ijaw land before, during and after the execution of the job.

The meeting also agreed that the Ijaw nation would collectively stand against oppressive issues and obnoxious legislations to safeguard the future of the people.

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Such issues include re-introduction of the National Water Resources Bill, the Petroleum Industry Act 2021, non-constitution of a substantive board for the Niger Delta Development Commission (NDDC) and the politicisation of the Nigerian National Petroleum Limited with a lopsided board.

It called on the federal government to fast-track the realisation of the proposal for the establishment of modular refineries to put an end to illegal refineries and pollution of the environment.

It also agreed to maintain the people’s position on the restructuring of Nigeria “to free it from the shackles of a faulty and fraudulently contrived foundation that perpetuates injustice, disunity and hegemonic tendencies.”

The peace meeting, which was presided over by Governor Diri, had in attendance the Deputy Governor, Senator Lawrence Ewhrudjakpo, the Commissioner for Ijaw National Affairs, Patrick Erasmus, INC President, Prof Okaba, Acting Chief of Staff, Government House, Dr. Peter Akpe, former INC President, Chief Joshua Fumudoh, former Minister of Police Affairs, Alaowei Broderick Bozimo.

Other stakeholders in attendance were Senator Emmanuel Diffa, Emeritus Professor Alabo Dagogo Fubara, Chief Kennedy Odiowei as well as representatives of Farah Dagogo and ‘General’ Horsfall Olali among others.

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Oil & Gas

265 Illegal Refineries in SPDC Corridor – Sylva




Chief Timipre Sylva, Minister of State for Petroleum Resources, says there are about 265 illegal refineries in the Shell Petroleum Development Company (SPDC) corridor alone as Nigeria continues to grapple with oil theft.

Newsmen report that Sylva spoke at the 60th Anniversary of the Oil Producers Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI) on Thursday in Lagos.

The minister, represented by Mr Kamaru Busari, Acting Permanent Secretary, Ministry of Petroleum Resources, said vandalism and oil theft had resulted in Nigeria producing less than one million barrels of crude oil per day.

Sylva said the country’s inability to meet its Organisation of the Petroleum Exporting Countries (OPEC) quota had deprived it of the much needed oil revenue when oil prices were very high in the international market.

He said, nevertheless, the government was engaging host communities, security agencies and deploying technology to address the issue in order to boost investors’ confidence in the sector.

On his part, Malam Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum Company Ltd. (NNPCL), said the company was not unmindful of the current challenges, particularly security in the operational areas and cash call arrears settlement.

See also  Fire Razes Offices at Bukavo Barrack, Kano

Kyari, represented by Mr Dapo Segun, Deputy General Manager, Treasury, NNPCL, however,  maintained that the company was resilient and would work with other stakeholders to overcome the security challenges.

He said: “We have deployed creative solutions to tackle security challenges in the operational areas.

“Technological intervention for both monitoring and prompt intervention would also be set up. The tackling of the menace is a top priority for NNPCL.

“Also, our new governance framework provides us autonomy and opportunity for self-accounting hence cash-call settlement including arrears would be settled and handled promptly going forward.”

Earlier in his address of welcome, Mr Rick Kennedy, Chairman OPTS, said OPTS had made significant contributions to the development of the Nigerian oil and gas industry over the past 60 years.

Kennedy, represented by Mr Osagie Okunbor, Vice Chairman, OPTS, said

OPTS members had demonstrated resilience and commitment in the face of economic, security, environmental and funding challenges.

He said: “We have continued to make significant contributions to Nigeria’s development.

“As a group, OPTS member companies account about 90 per cent of Nigeria oil production and contributes significantly to the domestic and export gas production and supply.

“Over the last decade, OPTS member companies accounted for 40-60 per cent of government revenue and 85 to 95 per cent of export earnings.

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“OPTS member companies are also proud to have paid tens of billions of dollars in taxes, levies, royalties, rents, and license fees to the Nigerian government.”

Kennedy, who is also the Managing Director, Chevron Nigeria/Mid-Africa Business Unit, said the OPTS companies had also created over 600,000 direct and indirect jobs for Nigerians.

Also, Mr Bunmi Toyobo, Executive Director,OPTS, thanked the 29 companies who were members of the OPTS for their contributions to its

achievements in the past 60 years.

“This celebration is to demonstrate our abiding faith in Nigeria as a group and belief in the boundless growth potential of our country, given the enabling environment,” he said. (NAN)

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Oil & Gas

FG Recovered N2.6trn Revenue from Oil Coys – NEITI




The Federal Government has recovered a total of N2.6 Trillion revenue from oil firms following the Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention.

NEITI said a total of 2.6 billion dollars remained outstanding in the hands of companies as at March 2022.

Dr Orji Ogbonnaya Orji, Executive Secretary of NEITI, said
this on Tuesday in Abuja at its Civil Society Organisations (CSO) and media engagement on Extractive Industries Transparency Initiative (EITI) validation.

The EITI validation, which is conducted every three years is a quality assurance mechanism to ascertain level of compliance and progress in implementing its standards among member countries, including Nigeria.

Orji said NEITI’s financial report led to the recovery of the debt.

“By the time we release 2021 report,  any company owing Nigeria we have no choice than to invite EFCC to take over and handle it as an economic crime,” he said.

He said the recovery was as a result of NEITI’s appearance at the National Assembly to defend its position based on data it provided.

Recently, NEITI released 2019 reports which included list of 77 oil and gas companies that owed the government up to 6.8 billion dollars.

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The National Assembly had summoned the organisation to come and defend it by showing how it arrived at that.

According to Orji, as soon as it released the 2020 report to prove that, the companies that wanted their names protected were rushing to the relevant agencies to pay up.

He revealed that from 77 companies, they number decreased to 51 companies and the amount came down to 3.6 billion dollars.

“Which shows that from the point we released that information a lot of money came in. None of them disputed our report rather they were giving excuses why they did not pay.

“The money include all taxes and VAT being collected by the Federal Inland Revenue Service (FIRS) and all royalties being collected by the Nigeria Upstream Petroleum Regulatory Commission (NUPRC).

“NEITI collects nothing, all we are asking is for us to be recognised and offered thank you,” he said.

He said that through NEITI, there had been increased demand, easy access and availability of verified information and data in the public domain.

He said President Muhammadu Buhari’s administration should take credit on doing well on extractives sector reforms.

“The content of our up to date reports is very incisive and is shaping public debates,” the executive secretary said. (NAN)

See also  NNPC Hails Appeal Court’s Judgment on OML 11
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