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
Troops rescue two kidnapped victims in Benue
By: Zagazola Makama
Troops of Sector 1 under Operation Whirl Stroke (OPWS) have rescued two kidnapped victims in Ukum Local Government Area of Benue State.
Security sources said the incident occurred at about 3:50 a.m. on April 15 when troops deployed at Kyado responded to a distress call on kidnapping activities in the area.
According to the sources, the troops swiftly moved to the scene, prompting the kidnappers to abandon their victims and flee.
The sources added that the troops successfully rescued the two victims and reunited them with their families.
Security operations have been intensified in the area to track down the fleeing suspects and prevent further incidents.
Troops rescue two kidnapped victims in Benue
Troops arrest bandit kingpin’s Deputy, wife in Gombe following intelligence operation
By: Zagazola Makama
Troops have arrested the second-in-command to a notorious bandit kingpin, Kachalla Auta, alongside his wife in Gombe State following an intelligence-led tracking operation across multiple locations.
Sources said the suspects, identified as Bala, popularly known as “Pakapaka,” and his wife, Zulaha Bala, were intercepted after fleeing from Dajin Madam Forest in Plateau State.
According to the sources, the arrests were the result of sustained intelligence surveillance and coordinated ground tracking by security operatives targeting fleeing members of the criminal network.
The suspects are currently in custody and undergoing interrogation to determine their level of involvement in the group’s activities and possible connections with other cells operating within and outside the region.
In a related development, troops conducted follow-up patrols around Bayar village in the Duguri axis after intelligence indicated that the main bandit kingpin had fled into the area.
However, no contact was made during the search operation.
Security sources said troops have continued to dominate the general area with sustained patrols aimed at denying criminal elements freedom of movement and disrupting their operational networks across Plateau, Taraba, and adjoining states.
Troops arrest bandit kingpin’s Deputy, wife in Gombe following intelligence operation
Troops rescue 12 kidnapped victims, arrest kingpin’s aides in Plateau–Taraba forest operations
By: Zagazola Makama
Troops conducting ongoing clearance operations under Operation Wutan Daji have rescued 12 kidnapped victims and arrested key associates of a fleeing bandit leader during coordinated offensives across forested areas linking Plateau and Taraba States.
A military source said the operations, carried out on April 15 and 16, involved troops of the 33 Artillery Brigade in conjunction with an Office of the National Security Adviser (ONSA) tactical team.
According to the source, the operations were conducted in the Dajin Madam and Kumbodoro forest axis, spanning parts of Plateau and Taraba States.
The source said the sustained offensive led to the recovery of 12 kidnapped victims who escaped from their captors during the pressure mounted by troops.
The victims were subsequently taken into custody for profiling before being moved to an Internally Displaced Persons facility in Fukuk.
Troops also recovered a Dane gun, a fabricated AK-47 rifle and a power bank during the operation.
Troops rescue 12 kidnapped victims, arrest kingpin’s aides in Plateau–Taraba forest operations
Troops rescue two kidnapped victims in Benue
Troops arrest suspected ammunition racketeer in Cross River
Troops arrest bandit kingpin’s Deputy, wife in Gombe following intelligence operation
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