News
OPEC Pegs Nigeria’s Crude Oil Production at 1.5 Million Barrels Per Day, As Petroleum Ministry’s Perm Sec, Amb. Aduda, Emerges Alternate Chair of Organisation’s Board of Governors
OPEC Pegs Nigeria’s Crude Oil Production at 1.5 Million Barrels Per Day, As Petroleum Ministry’s Perm Sec, Amb. Aduda, Emerges Alternate Chair of Organisation’s Board of Governors
By: Michael Mike
Nigeria’s crude oil production for 2024 has been pegged at 1.5 Million Barrels Per Day.
The above is one of the major outcomes of the 36th OPEC and Non-OPEC Ministerial Meeting, which ended in Austria, Vienna, on Thursday.
Oluwakemi Ogunmakinwa, Deputy Director and Head of the Press and Public Relations Unit in the Ministry of Petroleum Resources, reports that during the meeting,which had in attendance the Ministry’s Permanent Secretary,Amb.Gabriel Aduda,significant strides were made towards maintaining a stable and balanced oil market by member States of the Organisation.

According to information made available to the public by the Ministry,participating countries at the meeting emphasized commitment to the Declaration of Co-operation and reaffirmed their dedication to the framework established since the inception of the Declaration of Co-operation on December 10,2016.
This commitment, which the participating countries have consistently endorsed in several meetings, including the 35th OPEC and Non-OPEC Ministerial Meeting held on June 4 earlier in the year,has been further strengthened through the Charter of Co-operation the countries ratified on July 2,2019.
Going further, the release also revealed that the 36th OPEC and Non-OPEC Ministerial Meeting also addressed crucial aspects of the Organisation’s operational mandate, including the completion of assessments by independent sources on the 2024 projected production levels for Angola, Congo as well as Nigeria.
The assessments, the release emphasized, concluded production estimates for Angola at 1.11 Million Barrels Per Day;277 Thousand Barrels Per Day for Congo and 1.5 Million Barrels Per Day for Nigeria. These figures the release noted were in alignment with prior decisions set forth at the 35th OPEC and Non-OPEC Ministerial Meeting earlier held in June.
Part of the highlights of the 36th OPEC and Non-OPEC Ministerial Meeting was the warm reception accorded the Brazilian Minister of Mines and Energy, Alexandre Silveira de Oliveira. Brazil had earlier announced its forthcoming inclusion in the OPEC+ Charter of Co-operation with effect from January 2024.
The 37th OPEC and Non-OPEC Ministerial Meeting, the release also informed,has been scheduled for Vienna, Austria on June 1,2024.
Meanwhile, in a related development, OPEC Governor of Nigeria and Permanent Secretary in the Ministry of Petroleum Resources, Amb. Gabriel Aduda has emerged the Alternate Chairman of OPEC Board of Governors for the year 2024.This was a major decision of the 187th meeting of the Conference of OPEC members during which Libya’s Mohammed Oun was also announced Chairman of the Board for the incoming year.
The release also stated that the gathering used the opportunity to dispell all speculations of discord among OPEC countries with regard to the acceptance or otherwise of the 2024 crude oil production quotas aimed at fortifying market dynamics, fostering stability as well as sustainable growth within the industry.
OPEC Pegs Nigeria’s Crude Oil Production at 1.5 Million Barrels Per Day, As Petroleum Ministry’s Perm Sec, Amb. Aduda, Emerges Alternate Chair of Organisation’s Board of Governors
News
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
By: Zagazola Makama
Chadian security forces on Sunday recovered a large cache of weapons and ammunition during a joint search operation in parts of the capital, N’Djamena, as part of intensified efforts to combat insecurity.
Sources Zagazola Makama that the operation was carried out in the 10th arrondissement and parts of the 2nd arrondissement of the city.

According to the sources, the joint team of internal security forces seized 28 pistols, 14 other firearms, and more than 1,000 rounds of assorted ammunition during the raid.
They also recovered military equipment and six vehicles suspected to be linked to criminal activities.
“Two gun owners were arrested during the operation and are currently in custody for further investigation,” a senior security official said.
He explained that the exercise was conducted under the supervision of top security authorities and formed part of broader measures to dismantle criminal networks and curb the proliferation of illegal arms in the capital.

The official added that the recovery of the weapons had significantly disrupted the operations of armed groups and criminal elements in the affected districts.
He reaffirmed the commitment of the Chadian security services to sustaining pressure on all groups involved in arms trafficking, banditry and other threats to public safety.
“The security forces will continue intelligence-led operations to ensure the safety of lives and property across the country,” he said.
Chadian security forces recover cache of arms, arrest suspects in N’Djamena
News
VP Shettima Arrives In Switzerland For 56th World Economic Forum
VP Shettima Arrives In Switzerland For 56th World Economic Forum
To Commission Nigerian House in Davos Tomorrow
By: Our Reporter
Vice President Kashim Shettima has arrived in the alpine town of Davos, Switzerland, to lead the Nigerian delegation at the 56th Annual Meeting of the World Economic Forum (WEF), scheduled to be held from January 19 to 23, 2026.
The Vice President arrived from Conakry, Guinea, where he represented President Bola Ahmed Tinubu at the presidential inauguration of President Mamadi Doumbouya on Saturday.

He was received on arrival by the Ministers of Foreign Affairs, Amb. Yussuf Tuggar, and Trade and Investment, Dr Jumoke Oduwole, and officials of the Nigerian mission in Switzerland.
The 2026 WEF marks a milestone in Nigeria’s global economic diplomacy with the official debut of “Nigeria House Davos.” For the first time, the Federal Government has established a dedicated sovereign pavilion on the Davos Promenade.

This facility, a product of a successful Public-Private Partnership (PPP), will serve as a permanent hub for high-level ministerial engagements, investment roundtables, and cultural diplomacy throughout the week.
Vice President Shettima will present Nigeria’s 2026 economic outlook to the world’s most influential political and business leaders, as he participates in key plenary sessions focusing on the responsible deployment of Artificial Intelligence (AI), quantum computing, and biotechnology.
Throughout the week, the Vice President will hold bilateral meetings with heads of state, top executives from multinational corporations, and leaders of international development finance institutions to deepen partnerships that align with the Renewed Hope Agenda of the administration of President Bola Ahmed Tinubu.
In an interview with journalists shortly after the VP’s arrival, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole said Nigeria would makena robust presentation of investment opportunities in the country at the launch of the Nigeria House in Davos which will focus on President Tinubu’s efforts in revamping the economy.

According to the Minister, “we will be showcasing four playbooks on President Tinubu’s efforts in re-engineering the Nigerian economy. We will present our solid minerals sector, climate sustainability agriculture, creative and digital sectors to investors from all over the world.”
VP Shettima Arrives In Switzerland For 56th World Economic Forum
News
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
By: Michael Mike
The Coalition in Defence of Nigeria (CDN) has publicly supported the Federal Government’s decision to engage a United States-based lobbying firm over allegations of Christian genocide in Nigeria, describing the move as a strategic step toward strengthening the nation’s security and international relations.
In a statement released on Sunday in Abuja, the coalition insisted that the engagement of the lobby firm is not merely a public relations exercise but a deliberate investment in Nigeria’s long-term stability and global credibility.
The National Publicity Secretary of CDN, Mallam Isa Shehu, said Nigeria is currently grappling with serious security challenges such as terrorism, insurgency, banditry, kidnapping, and organized crime. He noted that these threats extend beyond Nigeria’s borders and are often connected to international networks involved in arms trafficking, extremist financing, and cybercrime.
Shehu argued that hiring a reputable U.S. lobbying firm would help Nigeria build stronger partnerships with foreign governments, particularly in areas of intelligence sharing, counter-terrorism collaboration, and technical support for security agencies.
He further explained that the move would ensure that Nigeria’s security concerns receive greater attention in Washington and other global decision-making centres, reinforcing the government’s commitment to protecting lives and restoring peace across the country.
The coalition stressed that tackling insecurity requires collective effort, not just government action. It called on civil society groups, business leaders, political actors, and ordinary citizens to play their roles in promoting national unity and security.
While acknowledging that the lobby contract alone cannot solve Nigeria’s security problems, the CDN maintained that it is a valuable diplomatic tool that could strengthen the country’s position on the global stage.
The group urged Nigerians to support the Federal Government’s decision, saying the issue is not political but essential for national survival and development.
The CDN concluded by reaffirming its full backing for the initiative and calling for nationwide solidarity in the fight against insecurity.
CDN Backs Federal Government’s U.S. Lobby Contract, Calls It Strategic Security Move
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News9 months agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
Opinions4 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions2 years agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
