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Nigerian Oil Industry is on steady growth trend -Wabote

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* Executive Secretary Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote, with the Principal of the Petroleum Training Institute (PTI), Dr. Henry Adimula, cutting the exhibition tape at the 3rd Biennial International Conference on Hydrocarbon Science and Technology, in Abuja.
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The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by a few international oil companies, the Executive Secretary Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote has said.

He gave the assessment on Monday while delivering the keynote address at the 3rd Biennial International Conference on Hydrocarbon Science and Technology, organised by the Petroleum Training Institute (PTI) in Abuja, with the theme “The Future of the Oil and Gas Industry: Opportunities, Challenges, and Development.”

He identified the industry’s positive trends to include the growth of oil reserves, gas production, gas utilisation, local refining, and skills acquisition, noting that they “portend great opportunities for the future of the oil and gas industry in Nigeria.”

Nigerian Oil Industry is on steady growth trend -Wabote

• Executive Secretary Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote visiting the exhibition stands at the 3rd Biennial International Conference on Hydrocarbon Science and Technology organised by the Petroleum Training Institute (PTI), in Abuja.

He suggested that the manifestation of these trends and projections could lead to Nigeria achieving zero crude oil export and becoming a gas-powered economy, which translates to the socio-economic development of the nation.

According to him, achieving zero crude oil export would mean that Nigeria fully refines all the oil produced from our fields and exports excess refined products, noting that the impact on in-country value addition will be massive on our GDP.

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He expressed optimism that Nigeria would meet the target in view of the various refining investments such as the 650,000 barrels per day Dangote refinery, the Bua group refinery project, Waltersmith modular refinery, Duport Midstream refinery, OPAC Refinery, Edo Refinery, Aradel Holdings refinery as well as the existing 445,000 barrels per day capacity from the Kaduna, Warri, and Port Harcourt refineries.

The realization of these projects would culminate in Nigeria achieving a combined refining capacity of approximately 1.5 million barrels per day by 2025, he added.

Dwelling on the growth trends in gas, the Executive Secretary stated that Nigeria’s proven gas reserves stand at 208.83 TCF, although the nation’s gas production had dropped from anaverage of 4.8 billion standard cubic feet per day in 2020 to 4.3bscf/day in 2022.

He stated that the renewed focus on gas production and utilization of gas within the declared Decade of Gas program, coupled with the various upstream and midstream gas development projects would turn the tide and lead to a 50% increase in the volume of gas that will be produced and utilizedin-country. Some of the projects on the cards include H-block gas development projects, NLNG Train 7 project, UTM Offshore Limited’s Floating LNG project, and other mini-LNGand CNG projects.

This envisioned outcome, he said, would lead to the nationwide adoption of gas for power generation, domestic cooking, Autogas, and utilization in methanol, fertilizer production, and other industrial applications, with Nigeria harnessing the vast potential of its natural gas reserves.

Delivering his remarks at the event, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobirichallenged participants at the conference to develop homegrown solutions to the challenges facing the Nigerian oil and gas industry, some of which are pipeline vandalism and low productivity. He mandated all the agencies in the Ministry of Petroleum Resources to collaborate closely to invent relevant technological solutions needed to address challenges in the industry. He reiterated that all efforts must be directed towards increasing Nigeria’s crude oil production and enhancing revenue from crude oil sales.

Also making a presentation, the Secretary General of the African Petroleum Producers Organisation (APPO), Dr. Farouq Ibrahamrecognised that the energy landscape was evolving and emphasized the dual imperatives of sustainability and innovation. He articulated the pivotal role that the oil and gas industry must play in shaping a responsible, low-carbon energy future while navigating a dynamic world of opportunities and challenges.

The APPO scribe further underscored the significance of collaborative research and development among African oil-producing nations, with the goal of driving transformative solutions and ensuring safe, efficient, and environmentally conscientious hydrocarbon operations.

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Driver kills employer in Delta, flees with vehicle to Anambra

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A personal driver of a Pentecostal bishop of End-Reconciliation Ministry in Asaba, Delta State, has been arrested for allegedly killing his employer and fleeing with his vehicle, a Toyota Prado Jeep.

The driver, whose identity has yet to be disclosed due to ongoing investigations, was arrested alongside another suspect in Nkpor, Idemili North Local Government Area of Anambra State, while attempting to sell the vehicle.

The Commissioner of Police in Anambra, CP Ikioye Orutugu, disclosed this during a press briefing at the Command’s headquarters in Awka, on Wednesday, adding that the suspect murdered the cleric before fleeing with his vehicle to Anambra to sell.

Orutugu said the arrest followed a swift intelligence-led operation by operatives attached to the Rapid Response Squad, Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle.

He said the driver conspired with some criminal elements still at large, to kill his employer, adding that investigations are ongoing to apprehend other members of the criminal gang involved in the incident and fully unravel the circumstances surrounding the unfortunate murder.

He said, “The operatives of the Anambra State Police Command arrested a domestic staff member allegedly involved in the gruesome murder of his employer, a Pentecostal Bishop of End-Reconciliation Ministry in Asaba, Delta State, and the subsequent attempt to dispose of the victim’s Toyota Prado Jeep in Nkpor, Idemili North Local Government Area of Anambra State.

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“The breakthrough followed a swift intelligence-led operation by Operatives attached to the Rapid Response Squad, Awkuzu, which led to the arrest of the suspect and another individual alleged to be the buyer of the stolen vehicle.

“Preliminary investigation reveals that the suspect, who served as the Bishop’s driver and domestic staff, allegedly conspired with yet-to-be-identified criminal elements to murder the cleric before fleeing with the victim’s Prado Jeep to Anambra State for sale.

“Police operatives, acting on credible information, tracked and intercepted the suspects in Nkpor, successfully recovered the stolen vehicle, and took them into custody for further interrogation.”

The CP stated that investigations are ongoing to apprehend other members of the criminal gang involved in the incident and fully unravel the circumstances surrounding the unfortunate murder.

Orutugu advised the public to exercise due diligence in the recruitment and management of domestic staff, drivers, and other household employees.

He urged members of the public to properly profile and verify the identities of persons employed in their homes and establishments, while also remaining vigilant to suspicious behaviours and activities.

“We assured the public that the Command remains committed to proactive policing, intelligence-driven operations and collaboration with sister security agencies to ensure the safety of lives and property across the State,” the CP added. (The PUNCH)

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EFCC arrests energy commission DG over N500bn fraud allegations

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Dr Mustapha Abdullahi, MD Energy Commission of Nigeria
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Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over alleged money laundering offences.

A source within the anti-graft agency, who spoke on condition of anonymity because he was not authorised to speak on the matter, disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently in the custody of the commission.

According to the source, the alleged fraud involves funds estimated at N500bn.

“We have arrested the Director-General of the Energy Commission of Nigeria, Dr Mustapha Abdullahi, for money laundering offences. He was arrested and is currently in our custody. The money Is to the tune of N500bn,” the official said.

Efforts to get confirmation from the EFCC spokesperson, Dele Oyewale, were unsuccessful as he could not be reached as of the time of filing this report.

President Bola Tinubu had on October 24, 2023 appointed Abdullahi as Director-General of the Energy Commission of Nigeria.

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MainPower: EERC Downgrades 59 Feeders in Enugu over Poor Power Supply

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… Several Band A Customers downgraded to Band C

Enugu Electricity Regulatory Commission, EERC, has announced the downgrade of 59 feeders under the franchise of the MainPower Electricity Distribution Company Limited.

MainPower is a subsidiary of the Enugu Electricity Distribution Company, EEDC, which services customers in Enugu State.

EERC attributed the action to MainPower’s failure to meet the threshold of minimum hours of power availability, especially for Band A customers, despite charging them Band A tariff.

It could be recalled that the Nigeria Electricity Regulatory Commission, NERC, in November 1, 2020 categorized electricity users into Bands.

It incldued: Band A: Minimum of 20 Hourss; Band B: Minimum of 16 Hours; Band C: Minimum of 12 Hours; Band D: Minimum of 8 Hours and Band E: Minimum of 4 Hours

However, there has been an outcry by electricity users in Enugu over the inability of the Disco (Manpower) to meet the electricity supply target, necessitating the EERC’s intervention in line with its statutory powers.

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The public notice, signed by the Commission, said the downgrade would remain in place until power supply improved on such feeders.

Providing background to the decision, EERC said it arose following persistent complaints from electricity consumers in Enugu State, particularly Band A customers.

Their complaints were regarding the drastically reduced hours of supply.

Consequently, the EERC said it conducted a technical and safety audit of major injection substations operated by MainPower.

“In addition, the Commission continued its routine monitoring of MainPower’s feeder performance through its online platform, the Electronic Design and Manufacturing International (EDMI) Multidrive Manager.

“The findings from the Commission’s field inspection and the online monitoring platform corroborated customers’ complaints that MainPower had failed to deliver the expected hours of supply as required under the Service-Based Tariff (SBT) regime.

“The SBT framework was introduced to ensure that customers pay for electricity commensurate with the quality and hours of availability of the supply received.

“The public is hereby notified that the Commission has directed MainPower to downgrade all fifty-nine (59) affected feeders, as listed in the Commission’s directive, to their appropriate service bands immediately,” it disclosed.

EERC, however, hinted that upon request by MainPower, it may approve the upgrade of any of the downgraded feeders “once it is verified that the feeder met the threshold of minimum hours of availability in the preceding month in line with the SBT framework”.

Some of the feeders downloaded include: 9th Mile Industrial 11KV, downgraded from Band A to Band C; Abakaliki Road 11KV, downgraded from Band A to Band C; Abakpa 1 11KV, downgraded from Band A to Band C; Abakpa 2 11KV, downgraded from Band A to Band C; Abakpa 3 11KV, downgraded from Band B to Band C; Amorji 11KV, downgraded from Band B to Band D; Nsukka Township, from Band B to D; Presidential, from A to C; UNEC from A to D; University of Nigeria Nsukka from A to D and Government House from A to E.

Other affected areas included Emene, Topland, Ugwuoye, Chime Avenue, Achi, Amechi, Ibagwa, Ugwuogo, Ugwuaji, Okwe, NOWAS, Coca Cola, Coal Camp, Dhamija, among others.

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