Imo DPR Sets Up Laboratory To Checkmate Sale Of Adulterated Petroleum Products

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The Department of Petroleum Resources, Owerri, Imo State, has set up a laboratory for petroleum quality analysis.

According to the Zonal Controller Operations of the DPR in the state, Peter Ijeh, the setting up of the laboratory is part of efforts to identify and checkmate sales of adulterated petroleum products in the state.

While showing journalists around the new laboratory, Ijeh said the agency will soon commence operations and serious sanctions await any independent marketer or groups found guilty of selling adulterated products to the public.

Court Orders Removal Of Illegal Executives Occupying IPMAN Offices Across Nigeria

 

A Federal High Court sitting in Calabar, the Cross River State Capital has ordered the Deputy Chief Registrar, Litigation of the Federal High Court, Abuja to execute the judgement of the court delivered on February 21, 2019, with immediate effect.

The court order was to remove any person presently occupying the Defendant’s National Secretariat and accord recognition to the National Executive Committee of the Defendant led by Engr. Sanusi Fari as the representative of the defendant.

Justice Simon Amobeda also mandated the Inspector-General of Police, FCT Police command, Commissioners of Police of the 36 states of Nigeria, the DSS and all Heads of State Commands to obey and implement same order both at the National and State levels.

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The injunction follows a motion notice dated 6th of June, 2019 between Hon. Ben Dimkpa and four others and also, registered trustees of the Independent Petroleum Marketers Association of Nigeria.

It further mandated the Honourable Minister of Petroleum Resources, the Attorney-General of the Federation, Group Managing Director of the Nigerian National Petroleum Corporation(NNPC) and the Managing Director of Petroleum Products Marketing Company Limited to obey and implement the judgement.

NNPC Surveillance Team Intercepts Diverted Petroleum Product In Katsina

 

Operatives of the Nigeria National Petroleum Corporation (NNPC) surveillance team on petroleum products monitoring set up by the Inspector General of Police, Ibraheem Idris, intercepted a truck loaded with 40,000 litres of PMS.

The Head Downstream of the Department of Petroleum Resources (DPR), Kaduna zone, Yahaya Maishera, told reporters that the surveillance team intercepted the truck along the Funtua-Gusau road in Katsina state, while on its way to neighbouring Zamfara state.

According to him, the products, from a depot in Lagos were meant to be supplied in Gombe state as part of efforts to cushion the effect of the scarcity, but were rather being diverted to Zamfara state by suspected independent marketers.

To serve as a deterrent to other unscrupulous marketers, the DPR therefore, ordered that the tanker be brought back from Futua to Kaduna.

It also ordered that the product be discharged at an NNPC mega station in Mando area of the state capital, where it will be sold to the public at the government approved pump price of N145 per litre.

This comes weeks after the DPR raised an alarm that petroleum products were being diverted by independent marketers to unknown filling stations, making it difficult to end the petrol scarcity, the worst that the nation has experienced in a many years.

Amidst the lingering scarcity across the country, the DPR and PPMC have reassured residents of Kaduna and other states in the north that they will intensify surveillance on supply and sale of products to ensure that the scarcity is brought to an end as soon as possible.

Govt Has To Be Transparent On How Much Subsidy Is Being Paid – Bismarck Rewane

Economist, Mr Bismarck Rewane, has asked the government to come clean on the details of how it has managed the subsidy situation and stop hiding from the truth.

Mr Rewane believes the reality of the situation demands some very creative measures which the subsidy regime might help to resolve, but says the government needs to handle it with transparency.

Read Also: FG Not Increasing Fuel Price From N145 – Kachikwu

“It is quite interesting that after two years of seamless supply, all of a sudden there is a shortage. Some say the shortage is contrived some say it is sabotaged, some say its ineptitude of logistics and planning but what is clear is that the parameters that were used on May 15, 2016 when the price of 145 was arrived at, were that the exchange rate was 285.

“The price of oil at that time was about $42 a barrel and the landing cost was at about the same range about 145, now circumstances have changed.

“The exchange rate has been devalued significantly, the price of oil is at $68 a barrel today and therefore, the landing cost cannot be the same.”

He said this when he appeared as a guest on Channels Television’s political program, Politics Today.

Speaking further, Mr Rewane explained that there won’t be any imminent price hike because it would be suicidal.

He said: “The minimum wage was determined in 2019 at N18,000 which was $200 at that time – it is barely $40 today. If you increase the price of petrol which is a subsidized price today, you will be imposing a lot more hardship on the people.

“It is not politically expedient, it is economically intolerable, So what the government has to do is come out clean and say this is the amount of subsidy we are paying – this is how we have to do it because the people have to be carried along, it is not possible at this point in time to have a subsidy-less petrol price because it is so critical – we have to come out clean,” he added.

No Panic This Yuletide, Over One Billion Litres Of Fuel Available – NNPC

Nigeria, NNPC

The Nigerian National  Petroleum Corporation (NNPC) has said that Nigerians need not exercise unnecessary fear over the availability of petroleum products during this yuletide season and beyond.

The Group Managing Director (GMD) of the corporation, Mr  Makanti Baru in Sagamu, Ogun State on Thursday said Nigeria consumes about 35 million litres of the product per day and over a billion litres of petroleum is currently available in Nigeria.

”We are prepared and we have sufficient products that will last us through the end of the year and into next year. Our average consumption is about 35 million litres per day and at the moment we have well over a billion litres of petroleum products in my tanks,” he said.

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Baru also appealed to motorists to be cautious and not save petroleum products in jerry cans as there is no cause for alarm or panic buying.

”We do not have any problem what I will appeal to motorists to please not put fuel in jerry cans and put them in your cars. That is very dangerous because at the slightest opportunity they could catch fire.

“I am assuring you, there is products in every filling stations as you could see around the country. We have trucks that are bringing fuel to filling stations across the country,” the NNPC Boss said.

He said further that the ugly scenes of long queues will not be seen at petroleum stations this yuletide season and then cautioned Nigerians against panic buying and unwholesome storage of petroleum products.

Buhari Pledges Support For Niger Delta, Signs Petroleum University Bill

Buhari Pledges Support For Niger Delta, Signs Petroleum University Bill
President Buhari signs the bill establishing the University of Petroleum Resources

President Muhammadu Buhari has pledged continued support for the socio-economic development of the Niger Delta region.

The President gave the assurance at a brief ceremony in the State House to sign the bill establishing the University of Petroleum Resources, Effurun, Delta State, into law.

“This administration is fully committed to supporting the Niger Delta in its endeavours to achieve socio-economic development,” he said on Tuesday in Abuja.

President Buhari, however, appealed to all communities in the region to strive for peace through dialogue in resolving all conflicts not only among them but also with business entities and the authorities.

With the signing of the bill into law, the path has been cleared for the establishment of the specialised university in the Niger Delta, charged with training and research in petroleum technologies.

This information was contained in a statement issued by the Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu.

There’s Nothing Wrong With Buhari Being Petroleum Minister – Rep

A member of the Federal House of Representatives, Johnson Agbonayinma, has said there is nothing bad in President Muhammadu Buhari occupying the position of Petroleum Minister.

This comes amid strong criticism of the President for maintaining the position, owing largely to the alleged rot in his ministry and the feud between his Minister of State, Dr Ibe Kachikwu and the Group Managing Director of the Nigerian National Petroleum Corporation, Mr Maikanti Baru.

The lawmaker said during an appearance on Channels Television’s Politics Today, that what people should place more emphasis on the performance of the ministry.

“I don’t see anything wrong as the Minister of Petroleum, also as the President of the Federal Republic of Nigeria. The cause of disagreement here is that somebody is toying, playing with Nigerians’ money,” he said.

“And they have failed to understand that this country belongs to all of us, not to one individual, not to Mr. President, not to the Senate President or Speaker. All of us collectively; we are part of this nation and I am pained to see what has happened to this country’s wealth.”

Mr. Agbonayinwa, who represents Egor/Ikpoba-okha Federal Constituency of Edo state in the House of Representatives, regretted that agitations in the country are largely due to corruption and solicited support for the fight against it.

He said, “The fight against corruption is something that every patriotic Nigeria should try as much as possible to support Mr. President on this special time and day. Therefore, you have a lot of bigotry, agitation because if you fight corruption, corruption fights back at you.

“There is nothing wrong for Mr President being the Minister and being the President, that is not the problem. The problem is where is our money, Nigeria’s resources, gone to global destinations through dubious means.”

NPDC Partners Acrete Petroleum To Increase Oil Production

NNPC To Recover Missing Petrol Worth Over 130m LitresThe Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has partnered Accrete Petroleum to increase oil production and reserves.

The partnership is aimed at increasing Nigeria’s oil reserves from three billion barrels to five billion barrels within the next five years.

Data shows that Nigeria is positioned with adequate asset portfolio to achieve an increase in production with more than 10 producing assets currently at its disposal.

Oil Licences: House Orders CBN, DPR, NNPC To Produce Records Of Payments

House, CBN, DPR, NNPC, Oil LicensesThe House of Representatives has given the Central Bank of Nigeria (CBN) and the Department of Petroleum Resources (DPR) one week to produce records of payments of application fees, signature bonuses and other fees paid by oil companies.

The decision followed a meeting between the House ad-hoc Committee on Oil Prospecting Licenses and Oil Mining Leases and representatives of the different agencies who had been invited to give details of the transactions.

Also present at the hearing on Monday were officials from the Office of the Accountant General of the Federation and some oil companies.

The committee also heard from the Nigerian National Petroleum Corporation (NNPC) on its role in such transactions involving oil companies.

The Chairman of the committee, Representative Gideon Gwani, said they have not received records of accounts where the fees for the oil prospecting licenses and the oil mining leases were lodged.

He stated that the committee was determined to resolve what he said had become a lingering problem in the petroleum sector.

The CBN Deputy Governor in charge of Operations, Mr Adebayo Adelabu, who sought to put things in perspective, explained what was being done to provide the needed records.

Niger Delta Should Have Special Development Status – VP Osinbajo

VP Osinbajo Visits Gbaramatu Kingdom in Niger DeltaNigeria’s Vice President, Professor Yemi Osinbajo, on Monday paid a visit to the Gbaramatu Kingdom in Delta State, recommending that the region should have a special development zone status.

Osinbajo was accompanied by the Minister of State for Petroleum, Ibe Kachikwu and was received in Delta State by Governor Ifeanyi Okowa.

In his address of welcome, entitled: ‘We must prepare for the future’, he advocated sustainable development for the Niger Delta region.

“An Area Of Poor Infrastructure”

“The Niger Delta that we see today, including this great kingdom, is an area of poor infrastructure – few schools, few hospitals, and severe pollution.

“The Niger Delta of today, is one of daily pipeline vandalism. In 2014 alone, there were over 3,700 incidents of pipeline vandalism.

“The Niger Delta of today is one where, aside from environmental degradation, between 1998 and 2015, over 20,000 persons have died from fire incidents, arising from breach of the pipeline.

“Everywhere you go, there are signboards of proposed projects, mostly uncompleted or abandoned altogether.

“Many of the initiatives to change the story, have not been able to make the big changes required,” the Vice President stated.

Citing several examples, dating back to the 60’s, down to the present day amnesty programmes, the Professor Osinbajo said many of such programmes have not been able to meet up with their objectives.

However, he charged the people, stressing that “the future, is not a future of environmental degradation, poor infrastructure, poor roads”and the likes.

Rather, it is a future of “progress and development” but according to him, “there is no time, as the future is already here”.

He then stated that in order to ensure that the future is not worse than today, three things must happen.

Also he believes that while the government plays its own part, the people have to combine efforts with it, in order to realise the desired development.

One of such things, he stressed, was that the people “must recognise the unique environmental and terrain challenges of the Niger Delta.

“We must recognise that the Niger Delta is a special development zone for this nation.

“It means that the Federal and State governments, the National Assembly representatives, along-side the NDDC and the civil society representatives, of the Niger Delta people must sit together, develop, plan and fund an arrangement for rapid development,” he stressed.

Also, in furtherance of development in the region, Professor Osinbajo revealed that the Pan Niger Delta Forum had come up with 16 dialogue issues that would be extremely helpful in ascertaining its key development priorities.

He stated that the region must also hold some of the international oil companies, to their agreement with host communities.

“We must promote indigenous participation in oil companies,” he added.

He also hinted that in the 2017 budget, provision had been made for the commencement of the Lagos-Calabar railway. (the coastal railway).

Mr Osinbajo is expected to also visit a number of oil communities across some Niger Delta states, where he is expected to address issues affecting the region and bring an end to militant attacks on Nigeria’s oil and gas facilities.

According to a statement from the Office of the Vice President, Professor Osinbajo would also be visiting Bayelsa and Rivers States at a later date to be announced.

Spokesperson for the Office of the Vice President, Laolu Akande, described the move as further demonstration of President Muhammadu Buhari’s readiness and determination to comprehensively address the Niger Delta situation.

FRSC Withdraws Ban On Petroleum Tankers Movement

FRSC, Petroleum TankersThe Federal Road Safety Commission (FRSC) has stepped down its directive to ban all petroleum tanker drivers from embarking on night journeys from Monday, December 19, 2016.

Corp Marshal of the FRSC, Mr Boboye Oyeyemi, revealed the agency’s decision to reporters on Monday in Abuja, Nigeria’s capital.

Mr Oyeyemi said that the decision was taken to ease the movement of goods across Nigeria during the yuletide, as the Nigerian National Petroleum Corporation gave assurance of adequate supply of petroleum products during the period.

He noted that in spite of the reversal, the FRSC would ensure that tanker drivers comply with the minimum safety standards.

The corp marshal stressed that the compliance would help to prevent issues of over speeding and avoidable loss of lives.

Customs Intercept Truck Carrying Adulterated Petroleum Products In Imo

Customs Intercept Truck Carrying Adulterated Petroleum ProductsThe Nigeria Customs Service says it has intercepted a trailer truck suspected to be carrying adulterated diesel petroleum product along Aba- Owerri expressway.

The truck with registration number GBB 85 XA was seized by officials of the Federal Operation Unit Zone C in Imo State, southwest Nigeria.

The Customs Area Comptroller in charge of the unit, Comptroller Mohammed Garba, disclosed that the exhibit was discovered to have been hidden in a specially constructed tank for illegal bunkering.

He added that it was also concealed with 256 sacks of expired animal feeds to evade arrest.

In a similar development, Comptroller Garba said the unit intercepted a MAN diesel truck with registration number KRV 238 XB.

The truck, suspected to be carrying 725 different brands of 50kg foreign rice with Duty Paid Value of 24,650,000 naira, was said to have been smuggled into Nigeria through the numerous creeks in Calabar/Cameroun border.

The area comptroller said the latest feat recorded by his unit has clearly shown the commitment of the Nigeria Customs Service in combating smuggling in its entirety.