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NNPC Ltd Declares State Of Emergency On Crude Oil Production
NNPC Ltd Declares State Of Emergency On Crude Oil Production
- Calls For Collaboration To Reduce Production Cost
By: Olufemi O. Soneye
In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.
Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & Gas Conference and Exhibition (NOG Energy Week) in Abuja, on Tuesday.
“We have decided to stop the debate. We have declared war on the challenges affecting our crude oil production. War means war. We have the right tools. We know what to fight. We know what we have to do at the level of assets. We have engaged our partners, and we will work together to improve the situation,” the GCEO declared.
According to him, a detailed analysis of assets revealed that Nigeria can conveniently produce two million barrels of crude oil per day without deploying new rigs, but the major impediment to achieving that remains the inability of players to act in a timely manner.
He said the “war” will help NNPC Ltd. and its partners to speedily clear all identified obstacles to effective and efficient production such as delays in procurement processes, which have become a challenge in the industry.
On medium to long-term measures aimed at boosting and sustaining production, Kyari said NNPC Ltd. would replace all the old crude oil pipelines built over four decades ago and also introduce a rig sharing programme with its partners to ensure that production rigs stay in the country for between four and five years which is the standard practice in most climes.
He called on all players in the industry to collaborate towards reducing the cost of production and boosting production to target levels.
He expressed the Company’s commitment to investing in critical midstream gas infrastructure such as the Obiafu-Obrikom-Oben (OB3) and the Ajaokuta-Kaduna-Kano gas pipelines to boost domestic gas production and supply for power generation, industrial development and economic prosperity of the country.
On Compressed Natural Gas (CNG), Kyari observed that NNPC Ltd. has since keyed into the Presidential CNG drive, adding that in conjunction with partners such as NIPCO Gas, NNPC Ltd. has built a number of CNG stations, 12 of which will be commissioned on Thursday in Lagos and Abuja.
The opening ceremony of the NOG Energy Week also saw goodwill messages and keynotes presented by the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais; Secretary General of the Gas Exporting Countries Forum (GECF), Engr. Mohamed Hamel; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo; Special Adviser to the President on Energy, Ms. Olu Verheijen as well as the Chairman, Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa.
NNPC Ltd. is the Principal Sponsor of 2024 NOG Energy Week Conference & Exhibition which has as its theme “showcasing opportunities, driving investment and meeting energy demand.”
NNPC Ltd Declares State Of Emergency On Crude Oil Production
News
Modern market: I’ve fulfilled campaign promises to Ngalda community – Buni
Modern market: I’ve fulfilled campaign promises to Ngalda community – Buni
Gov. Mai Mala Buni of Yobe State, Tuesday, said he has fulfilled his campaign promises to the good people of Ngalda community in Fika Local Government Area of the state following the inauguration of the newly reconstructed modern market in the community.
Buni stated that this in Ngalda community during the inauguration of the ultra modern market reconstructed by his administration to boost economic activities, create jobs for youths as well as boost the revenue of the state.
He stated that the facility which was completed in 10 months has all the modern equipment that any modern market ought to have to serve the economic requirement for businesses and trade to thrive seamlessly.
He said that by inaugurating the facility, he had fulfilled the campaign promises made to the good people of Ngalda to reconstruct the market, equip it with modern facilities as well as address the challenge of poor drainage resulting in perennial flooding in the community.
The inauguration of Ngalda Modern Market and concrete drainage is part of our legacy projects in fulfilment of our (campaign) promises to the good people of Ngalda and its environs.
This project has 272 shops of different sizes, administrative block, mosque, refuse collection point, parameter fence, pavement, drainage, boreholes, fire service station, police outpost, microfinance bank, and a 2.98 kilometer drainage is being constructed to tackle the perennial flooding being experienced in the town.’
Buni said that the market is one of the most thriving markets in the state that enjoyed patronage from across the country with the huge turnover that contributed to the state’s economy.
According to him, the new modern market will further increase economic activities in the area, creates job and income generation to the people and also promote post insurgency economic recovery programme of his administration.
He urged the people to take ownership of the market by ensuring its cleanliness for maximum benefits and good utilisation of the facility for the government to have value for the money expended on the project.
He further urged the market authorities to take all necessary steps to prevent leakages in the revenue collection drive and ensure that all revenue generated are remitted to government coffers to be used as part of funds to strengthen development in the state.
He thanked President Bola Tinubu for his support to Yobe State that had enabled the state to execute projects for the benefit of the people.
In conclusion, Buni, named the new Ngalda market after Gov Inuwa Yahaya of Gombe State, saying that the market would now be called Muhammadu Inuwa Yahaya Modern Market.’’ In his remarks, Yahaya thanked Buni for executing alegacy and well constructed project’’, noting that the market would impact the economy of Yobe and Gombe States and Nigeria at large.
In his remarks, Hon. Kaigama Umar Yunusari, the Yobe State Commissioner of Commerce, Industry, Tourism, and Solid Minerals said that the state government under Buni’s leadership, since 2019, had established nine ultra modern markets across the state with six completed while three were ongoing.
Yunusari while commending Gov. Buni for the initiative aimed at boosting economic activities, job and wealth creation for the people, stated that the modern markets have become a model for other states.
Modern market: I’ve fulfilled campaign promises to Ngalda community – Buni
News
Security forced arrested three over illegal arms dealings in Bauchi
Security forced arrested three over illegal arms dealings in Bauchi
By: Zagazola Makama
Three men have been arrested for allegedly engaging in illegal weapons dealings in Bauchi State, security sources said.
The suspects, identified as Peter Pama and Saleh Monday, both of Iburu, and Sunday Makama of Kasuwan Magani, were apprehended on Feb. 17 following intelligence on illicit arms activities.
Zagazola gathered that one locally fabricated AK-47 rifle and one fabricated pump-action gun from the suspects.
Investigations into the case are ongoing as security agencies work to determine the full extent of the arms network.
Security forced arrested three over illegal arms dealings in Bauchi
News
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
By: Zagazola Makama
Joint troops of Operation FANSAN YANMA have repelled an armed bandit attack in Gida Soda Village, Katsina State, neutralising two attackers and recovering a motorcycle, security sources said.

The incident reportedly occurred at about 12:45 a.m. on Feb. 17 when suspected bandits stormed the village. Troops, acting promptly in coordination with local police and Civil Watch Patrol Teams, engaged the attackers in an intense gunfight, forcing the criminals to flee.

During the operation, two of the bandits were neutralised, and a Boxer-brand motorcycle belonging to the group was recovered.
Tragically, one resident, Hassana Muhammad, 30, was reportedly fatally shot during the attack. She was rushed to Dansoda Hospital, where she was pronounced dead by medical personnel.
Sources said efforts to track fleeing bandits and secure the area are ongoing.
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
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