Skip to main content

NNPC destroys 134 Illegal Refineries Recently

A destroyed refinery  By Favour Ifeoluwa & Akinola Ajibade  The Nigerian National Petroleum Company Limited( NNPCL) says it has destroyed 134 illegal refineries in the last few weeks.  Also, the company said  63 illegal pipeline connections were uncovered during the the weeks .  The corporation, In a visual report, stated that at about 2 am on Sunday, a joint team of security agents discovered a large wooden boat illicitly loading stolen crude oil from Barge AGS01 within the OML 18 operating area, noted intelligence report a large wooden wooden boat was caught receiving crude oil from the barge.  According to the state-owned oil firm, while the barge was towed away with a tugboat in custody, five speedboats used in towing the large wooden boat to the illegal loading site were also detained and the particulars of the tugboats and barge used for the operation were reportedly seized for further investigation.  It further said that two large boats, which involve

Obasanjo is a hypocrite, says Sagay

Nigeria's former  president, Chief Olusegun Obasanjo is highly hypocritical in the ways and manners, in which handles socio-economic and political issues in Nigeria, the Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof Itse Sagay has said.

Sagay said this, while reacting to a recent letter, which Chief Obasanjo wrote in support and endorsement of Mr Peter Obi  for the February 2023'  presidential election.

He said:" I  think Obasanjo is a hypocrite in many ways. He tries to show off as he was the best thing that ever happened to Nigeria, even though under his regime, we had a lot of setbacks. While he was in office, he himself wanted a third term which would have been a breach of our democratic practice and renewal.

Adding that: " Another thing I have always said about Obasanjo is that he doesn’t control himself. He is a retired Head of State and very well respected elder statesman who is on telephone terms with the presidency. If he has anything to say, he can always call him and discuss with him.

Concerning the letter written to Peter Obi, Sagay said that Obasanjo has no right to order Nigerians to vote for a particular person, adding that the retired general has outlived his terms. 

He said:" Certainly, Obasanjo  has gone beyond that level. He should just keep quiet and let Nigerians decide. He should not be partisan. He should be above all that. I feel he is lowering himself to the level of politicians by doing what he is doing. We have former leaders like Yakubu Gowon and Abdulsalami Abubakar. They don’t do what Obasanjo is doing. They all respect themselves. I think Obasanjo should not think that he knows everything and his opinion is the best. He should stop behaving as if he is a hanging president of Nigeria which he is not. So, if find his recent actions reprehensible and he should show some restraint in his public attitude because he is a very senior person in this country.

Continuing further,  the former University of Benin law lecturer noted that Obasanjo wanted to go for third term during his adminstration as the President, but denied that he was not interested in the position 

" That is not true. He wanted third term and did everything to get it but he failed. The national assembly refused his agenda. We all watched it on television then when it happened. The president of the Senate then, Ken Nnamani put the question to the senators on the amendment of the constitution but not a single person supported it. So, Obasanjo should stop trying to rewrite history. We have forgiven him. He is a man I have some respect for particularly the way he is still acting, not in terms of politics but as a human being. 

Obasanjo,  he said, travels a lot on election monitoring and peace mission across the world, a development, which according to him,  made most people to admire him.

Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first Chairman of Pineapple Estate, Ikorod

NNPC Completes Mechanical Rehabilitation of Port Harcourt Refinery Plant

By Favour Ifeoluwa & Akinola Ajibade The Nigerian National Petroleum Company (NNPC) Limited, says that it has mechanically completed the rehabilitation of Area 5 Plant of the Port Harcourt Refining Company (PHRC). The nation's oil company began rehabilitation of the refinery two years ago, while at the same time, promised to complete its by 31st December 2023. The Group Chief Executive Officer, NNPC Ltd., Mr. Mele Kyari, said as of December 15th, 2023, 84.4% of Area 5 Plant, a key component of the Refinery, and 77.4% of the entire rehabilitation project have been completed. “In our quest to ensure that this refinery is re-streamed to continue to deliver value to Nigerians, we made a promise that we will reach a mechanical completion of phase one of the rehabilitation project by the end of December and get the other plants running in 2024. Today, we have kept those commitments,” Kyari stated. The GCEO commended NNPC's staff and the EPCIC contractors for doing a g

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l