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Vice-President Kashim Shettima has reaffirmed Federal Government’s support for initiatives aimed at expanding Nigeria’s hydrocarbon exploration, storage and refining.
Shettima, who represented President Bola Tinubu, said this at the inauguration of 315 million dollars Floating Production, Storage and Offloading (FPSO) vessel on Saturday in Dubai, United Arab Emirates.
The News Agency of Nigeria (NAN) reports that the vessel is owned by Nigeria’s Oriental Energy Resources Ltd.
The FPSO vessel, with a storage capacity of one million barrels, will kick off with an initial production of 17,000 barrels per day before increasing its production capacity to 30,000 per day.
It is expected to depart for Nigeria in Q1 2025 and start production at the Okwok Oil Field in the first half of 2025.
Shettima noted that the FPSO vessel symbolised a future where Nigerian ingenuity met global standards, saying “we will be here every step of the way to ensure its utility and success.”
He described the facility as more than just a maritime infrastructure project, adding that it was a pointer to the success of Tinubu’s reforms in the sector as well as Nigeria’s growing global influence.
According to him, what sets Nigerians apart is not merely the audacity of their ambition, but their unique understanding of where the world is headed.
“This FPSO vessel is more than just a technological achievement; it is a symbol of Nigeria’s ambition and our readiness to meet global energy demands.
“Under President Tinubu’s leadership, we are witnessing the transformation of the oil and gas sector, which is central to our economic revitalisation efforts,” he said.
According to him, the vessel is a critical link in Nigeria’s ambition to optimise productivity.
“This will enable the country to become a central hub for hydrocarbon demand, both domestically and globally,” Shettima said.
He commended Alhaji Mohammed Indimi, the Executive Chairman of Oriental Energy Resources Ltd., for his remarkable contributions to the industry.
“Over the decades, Alhaji Mohammed Indimi has stood as a model businessman and symbol of excellence in the oil and gas industry.
“So, it’s not surprising that his vision has transformed Oriental Energy Resources Ltd., into a global phenomenon.
“This outcome testifies to what is possible when ambition is matched with perseverance and expertise.
“His journey reminds us that Nigeria is a land of opportunity, and with dedication, there is no limit to what we can achieve,” said Shettima.
“As Nigeria’s home-based refineries come alive, vessels like this will be instrumental in maximising the nation’s production capacity and driving economic growth.
“Recently, His Excellency, President Bola Tinubu, was in Paris, where he oversaw the expansion of one of Nigeria’s indigenous banks into that sphere of the European financial market.
“That historic moment reflected our collective aspiration as a nation,” he noted.
Shettima pointed out that the UAE demonstrated what could be achieved when natural resources were leveraged effectively.
Earlier, Gov. Babagana Zulum of Borno, commended the vision and tenacity of the Chairman of Oriental Energy Nigeria.
Zulum said Indimi’s investment would stimulate economic growth and create job opportunities for many Nigerians, as well as ensure steady growth and development of the nation’s economy.
“Today is one of my happiest moments to stand before this gathering. I make my brief remark because Alhaji Indimi is from Borno State.
“I’m happy to note that the production of this vessel was born 100 per cent by his own company, which has never happened in Nigeria.
“This goes to show how committed Alhaji Mohammed Indimi is to the growth and development of not only Borno but the entire country,” said Zulum.
Also, Gov. Abdullahi Sule of Nasarawa, applauded Indimi, and his technical partners, saying “to truly appreciate the oil mogul, it will be best to know that he wasn’t the only person that was allocated an oil block in the 90s.
“There were so many of them. But from what we are witnessing today, he will go down as one who believes in Nigeria, who believes in investing in Nigeria, who believes in the government of Nigeria, who appreciates Nigeria.
“And that is the reason why he is investing in this baby here that is going to store one million barrels of crude oil.”
On his part, Indimi, revealed that the facility was the first FPSO to be fully funded by a Nigerian company.
The vessel named ENEM FPSO, the chairman added, heralded an effort for a Nigerian oil and gas company to independently develop a marginal field.
He stressed that it was an important milestone for Nigeria and its oil and gas sector.
“When operating at full capacity we expect the Okwok Oil Field to produce up to 30,000 barrels of oil a day, significantly enhancing Nigeria’s oil production.
“The Okwok field is just one step towards our long term ambition to deliver 100,000 barrels of oil per day of production in Nigeria.
“We have a strong set of proven assets, and a development pipeline that can deliver it,” he said.
He thanked President Tinubu, Vice-President Shettima, and the dedicated officials and civil servants in the Ministry of Petroleum Resources and the other agencies that provided the enabling environment for the investment.
Capt. Antolovic Rado, the Chief Executive Officer of Drydocks Dubai, assured that the vessel, when fully operational, would contribute significantly to the sustainable development of the Okwok oil field region.
He also said the facility would support economic growth and energy security, noting that the success achieved by Oriental Energy’s investment in the oil sector, had set a benchmark for operational excellence and safety. (NAN) (www.nannews.ng)
A youth corps member brags about his teaching skills, explaining how he improved students’ performance and received a bag of rice, groundnut oil, and a cash gift from his Place of Primary Assignment, PPA for his outstanding work.
In a detailed post shared on X, formerly known as Twitter, the corps member recounted his experience, highlighting a particular student who surprised him by achieving a distinction despite initial fears of failure, thanks to his dedicated tutoring.
“Finished marking their scripts today, and they actually performed so well. There was this particular boy I was worried might fail. I would invite him to the staff room to repeat lessons for him. He got a distinction, and no student failed,” he wrote.
He further expressed frustration over the NYSC allowance, claiming he deserves more for his efforts: “NYSC does not deserve me. 33k. Sigh. 🤧”
According to him, his PPA appreciated his dedication by gifting him cash, a large container of groundnut oil, and a bag of rice as a Christmas token. “My PPA said, ‘Thank you for being a good teacher to our students and Merry Christmas in advance.’ ☺️”
He also shared how his students mimicked him during the school’s end-of-year party, even though he wasn’t present.
“At the Xmas party today, students were asked to mimic their favorite teachers, and I was mimicked. Funny thing is, I wasn’t even there, so colleagues were demonstrating what they did for me. Now the school board knows who I am.”
The post sparked reactions from social media users who praised his commitment while sharing their thoughts in the comments section.
See some reactions below:
@ass_of_a_god: “plase come and give one mudu. This is such a. nice gesture. WHere are you serving?”
@meggiebangz: “Thanks for the love and support you shown to the kids.”
@JayneByDesign: “I just thought about my ppa and I let out a big sigh.”
@gabiisonfire_: “They didn’t give me envelope in my own PPA”
@dammymike07: “Na peck and huge I received from my own PPA ooo. And prayer too. This must be a big school sha.”
@dammybee85: “Welldone. This is great. You really invested so much in the students.”
@Officialicon11: “Pls I can teach jss1 students very well oo. Tell me the name of the school so I can resume work next year September.”
@Annaliese162: “This is really nice. Congratulations. I am sure the school will miss you when you pass out.’
SEE POST:
The Federal Government has announced that Nigeria’s oil production, including condensates, increased by 9.9% in November 2024, reaching 1.69 million barrels per day (bpd), up from 1.538 million bpd in October.
According to Punch Online, Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reveals that crude oil production rose by 11.42%, hitting 1.48 million bpd in November compared to 1.33 million bpd in October.
However, this figure remains below the production quota set for Nigeria by the Organisation of Petroleum Exporting Countries (OPEC).
Meanwhile, condensate oil production, which is not subject to OPEC quotas, recorded a marginal decline of 0.01% in November, dropping slightly to 204,828 bpd from 204,806 bpd in October.
Despite these gains, total oil production is still short of the 2024 budget benchmark of 1.78 million bpd. This shortfall persists despite claims by the Nigerian National Petroleum Company Limited (NNPC) that production has risen to 1.8 million bpd.
The report highlights the challenges Nigeria faces in meeting its production targets despite efforts to improve output in the upstream sector.
Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, stated that OPEC’s decision to extend Nigeria’s production quota to 1.5 million bpd aligns with the country’s target, complementing the 2025 benchmark of 2.06 million bpd set in the draft appropriation bill.
Additionally, on November 26, the Port Harcourt refinery, with a processing capacity of 60,000 bpd, resumed crude oil processing operations.
According to OPEC’s latest report, Nigeria remains Africa’s largest oil producer. The report notes that Nigeria’s crude oil output increased from 1.33 million bpd in October to 1.48 million bpd in November, surpassing Algeria’s 908,000 bpd and Congo’s 268,000 bpd.
OPEC’s data shows that total crude oil production among OPEC-12 members averaged 26.66 million bpd in November, a 104,000 bpd month-on-month increase, driven by higher outputs in Libya, Iran, and Nigeria.
Non-OPEC members also recorded increased production, notably in Kazakhstan and Malaysia.
The NUPRC reiterated that Nigeria’s total crude oil production, including condensates, rose to 1.69 million bpd in November from 1.53 million bpd in October, reflecting steady improvements in output.
The Defence Headquarters on Thursday announced significant successes in its theatres of operations against crude oil theft and terrorism across the country since January neutralized 8,034 terrorists, arrested 11,623 suspects and rescued 6,376 hostages.
The Director , Defence Media Operations, Major General Edward Buba, disclosed this during a press briefing in Abuja stating that Nigerian troops have achieved significant milestones in safeguarding the nation.
He said troops recovered 8,216 weapons, 211,459 ammunitions and denied the oil theft of an estimated sum over #57 bn (N57,052,218,551.00) only.
“The breakdown of the recoveries are as follows: 4,053 AK47 rifles, 1,123 locally fabricated guns, 731 dane guns and 240 pump action guns.
“Others are; 120,247 rounds of 7.62mm special ammo, 41,515 rounds of 7.62mm NATO, 5,373 cartridges, 1,940 assorted arms and 25,664 assorted ammunitions.
“Additionally, troops recovered: 53,101,430 litres of stolen crude oil, 9,179,181 litres of illegally refined AGO and 90,595 litres of DPK. Others are; 156,095 litres of PMS amongst other items”.
Gen. Buba assured that the military will continue to maintain pressure on terrorist groups through ongoing operations across the country.
According to him, “troops have been confronted by different threats in five active theatres of operations across the country, namely; NE, NW, NC, SS and SE.
Accordingly, troops adopted a high level of alert and an increased state of readiness to protect the country from further terrorist aggression and insecurity.
“Overall, the military is keeping up the pressure through ongoing operations in the various theatres across the country. The military is through these operations, increasingly creating conditions in which terrorist can not carry out acts of terror or harm citizens.
“On the whole, the armed forces is constantly examining ways to improve the effectiveness of its operations and guarantee the safety of citizens. Relatedly, operations are on an upward trajectory to winning the war.”
The Nigerian Armed Forces conducted aggressive campaigns, targeting insurgents and disrupting criminal networks. These efforts included clearing terrorist enclaves, dismantling operational bases, and denying criminals safe havens.
Major General Buba emphasized that military operations have rendered terrorist and criminal activities increasingly untenable.
“Our troops are on an upward trajectory toward winning the war against insecurity. The Armed Forces are constantly evaluating strategies to enhance operational effectiveness and ensure the safety of Nigerians,” he stated.
He noted that in the Operation HADIN KAI (North East), 2,918 terrorists were neutralized, 1,496 hostages rescued and 15,950 Boko Haram/ISWAP combatants and family members surrendered
During Operation SAFE HAVEN (North Central),411 violent extremists neutralized, 927 hostages rescued and 1,859 suspects arrested
Major Buba expressed that Operation WHIRL STROKE (North Central) neutralized 583 terrorists, 649 hostages rescued and 916 suspects arrested
Reeling activities of Operation HADARIN DAJI (North West), he said 2,646 terrorists were neutralized, 2,339 hostages rescued and 1,654 suspects arrested
He expressed that Operation WHIRL PUNCH (North West) neutralized 732 terrorists, 569 hostages rescued and 1,842 suspects arrested
As the year concludes, the Armed Forces remain steadfast in consolidating their gains, encouraged citizens to support security agencies in maintaining the achieved progress.
Major General Edward Buba reiterated the Armed Forces’ dedication to defending Nigeria and protecting its people from all forms of security threats.
A Nigerian lady has sparked a buzz on social media after an inDrive driver she hired allegedly fled with her bag of rice and oil.
The incident came to light in a post she shared on her page on X, formerly Twitter.
In the post, she accused the driver, identified as Uareme Emmanuel, of stealing her items during a courier service transaction.
Her statement read: “I have seen his Facebook account! His name is Uareme Emmanuel. He stole my bag of rice and oil from @inDrive courier service. His plate number is LRN75AG. His phone number is +234 902 085 5710. Blue Accord. Please help! How can I find him? Please RT!”
She added that she located the driver’s Facebook account, retrieving his photo and other details, but noted that he had deleted his pictures shortly after.
In a follow-up post, she wrote: “Please, who knows how I can find this guy? His name is Emmanuel. He stole my bag of rice and oil, picked up and immediately switched off his phone. He didn’t call me to confirm the pick-up and later canceled the ride @inDrive.”
As her post gained attention, concerned individuals flooded the comment section to offer advice and share their reactions.
See some reactions below:
@Nefisah001: “Mtchew Nigerians ehn. So the owner should go and buy another one cos you’re the only one feeling the economy.”
@___Muna_: “From his Facebook, look for his wife since he have his daughters pictures there too.”
@Th3onlynigga: “Bag of rice and oil God this should never happen to anyone I know abeg.”
@AdeWasiuBanjo: “Who will tell him that it is ‘ewọ’ to feed your kids with stolen good in this land of Eko?”
@chimextech656: “😂🤣,this is quite funny thou , country don spoil reach this level.”
SEE POST:
Nigerian investigative journalist Fisayo Soyombo has raised concerns about the type of security support available to illegal oil bunkers in the country.
Speaking on Arise TV’s morning show, the founder of the Foundation for Investigative Journalism (FIJ) revealed that he was conducting an undercover investigation when he was arrested by the Nigerian Army.
Soyombo acknowledged that while there are upright members within the military, there is a pressing need to address the actions of saboteurs who enable illegal oil bunkering to flourish.
According to the journalist, it is not only oil bunkers that are thieves but also those who are meant to supervise the sector, adding that “What we would need is an overhaul of the system.”
He said, “It would shock you the kind of people who escort illegal oil bunkers out of Port-Harcourt.
“The army spokesman already compromised my security by going online to say that they found illegal bunkers.
“There are clean men in the military but we need to clean up the saboteurs who enable oil bunkerers to thrive.
“This is a new level for me that I need to do it. Rather than change approach, I will rather stop, maybe I have one, two, three under-cover investigations and I will stop.
“It is not the fun of it but the situations we found ourselves. Imagine the story I did on smugglers. People have to know that in their country they can be safe, and we need to expose these wrongdoings.
“The figure being put out in terms of Crude oil theft are an underestimation of what’s happening. The Crude we were to move was for 50,000 barrel, if the man who got annoyed that he wasn’t bribed didn’t talk, we would have had two trucks move out. There is no institution that can say for a fact the barrels are being lifted daily.”
Oil marketers have set conditions for engaging with the newly revamped Port Harcourt Refinery in Rivers State, managed by the Nigerian National Petroleum Company Limited (NNPCL).
They emphasized that the refinery must offer prices lower than those of the Dangote Refinery to attract their business.
In response to reports claiming NNPCL’s petrol price was around ₦1,045 per litre, the company clarified on Wednesday that it has not yet released official pricing.
According to NNPCL spokesperson Olufemi Soneye, the company is still reviewing prices, and bulk sales have not commenced as the purchasing portal remains closed. Currently, refined products are supplied exclusively to NNPCL stations.
Between November 23 and November 28, oil marketers imported 105.67 million litres of petrol into Nigeria. Marketers noted that at ₦1,045 per litre, NNPCL’s petrol pricing might prompt them to rely on imports to meet local demand.
Documents from the Nigerian Ports Authority, cited by The PUNCH, revealed that four petrol-laden vessels arrived in Nigeria during this period, docking at Lagos Apapa Port and the Ebughu jetty in Cross Rivers State.
The Port Harcourt Refinery, which resumed operations on Tuesday after years of dormancy, is operating at 70% of its installed capacity.
Daily outputs include 1.5 million litres of diesel, 2.1 million litres of low-pour fuel oil, 1.4 million litres of naphtha (for blending into premium motor spirit), and 900,000 litres of kerosene. Approximately 200 trucks of petrol are expected to be distributed daily.
Despite the refinery’s restart, marketers raised concerns over its pricing strategy. The Dangote Refinery currently offers petrol at ₦970 per litre for bulk purchases, making price a key factor in marketers’ decision-making.
Chinedu Ukadike, National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), warned that high prices from the Port Harcourt Refinery could discourage marketers, though he expressed optimism about a potential price review aligned with global market trends.
The Nigerian National Petroleum Company Limited, NNPCL, said it is working closely with relevant stakeholders to boost crude oil production to over two million barrels per day, bpd, by the end of 2024.
NNPCL Chief Corporate Communications Officer, Olufemi Soneye, made this known in a statement on Monday while debunking reports on production disparity figures supplied by the company and the Nigerian Upstream Petroleum Regulatory Company, NUPRC.
There were reports earlier alleging that the 1.54 million bpd for September cited by NUPRC was far below the 1.8 million bpd for November cited by NNPCL.
However, Soneye said there was no disparity between production given by both stakeholders.
The statement further explained that the seeming disparity is a result of the difference in the period of coverage in the reports—whereas the NNPCL figure was the peak production for October 2024, the NUPRC figure was the average production for September 2024.
“The Nigerian National Petroleum Company Limited has clarified that there is no discrepancy between its crude oil production figures and those supplied by the regulatory agency, the Nigerian Upstream Petroleum Regulatory Company (NUPRC),” the statement read in part.
According to the statement, the Chief Executive Officer of NUPRC, Mr. Gbenga Komolafe, confirmed this at the recent 42nd Nigerian Association of Petroleum Explorationists Annual International Conference & Exhibition in Lagos, where he disclosed that Nigeria’s crude oil output, including condensate, increased by 16.56 per cent to 1.8m bpd in October 2024, from 1.54 million bpd in September 2024.
Represented by the Executive Commissioner, Development & Production, Enorense Amadasu, the CEO of NUPRC was quoted as saying: “This represents an increase of 253,710 bpd to reach 1.8 million bpd in October, up from 1.54 million bpd in September 2024, representing 16.56 per cent month-on-month rise.
NUPRC also confirmed at the Nigerian Association of Petroleum Explorationists event that the 1.8m bpd feat pushed Nigeria’s production beyond the 1.5m bpd quota of the Organisation of Petroleum Exporting Countries (OPEC).
“There is, therefore, no disparity or discrepancy in the production figures by NNPCL and the regulator,” the statement added.
The Defence Headquarters and a coalition of civil society organisations, CSOs, led by a Tinubu support group, the Renewed Hope Ambassadors of Nigeria, RHAN, and the Centre for Action Against Corruption, CAAC, on Thursday faulted claims made by ex-Niger Delta militant leader, Government Ekpemupolo, also known as Tompolo, concerning oil theft in Nigeria.
Tompolo, the Chairman of Tantita Security Services Nigeria Limited, which is executing the pipeline protection contract awarded by the Nigerian government, had while receiving the national leadership of the Nigerian Bar Association, NBA, on Monday, accused the military, particularly the Nigerian Navy, of involvement in oil theft.
He accused the Navy of working at cross purposes with other state actors and private security outfits tasked with checking oil theft in the Niger Delta.
However, speaking at a biweekly update on military operations on Thursday in Abuja, Director of Defence Media Operations, Major General Edward Buba, dismissed Tompolo’s claims, describing it as ‘cheap blackmail’.
The Defence Headquarters spokesman said: “As to the question regarding the Nigerian Navy and the CEO of Tantita, you see, I’m almost laughing because it’s laughable. But what I want to say about this situation is this: We seek cooperation, not conflict.
“But all this cheap blackmail has to stop. Come on, we should move faster. We need to act in the best interest of our nation, particularly at this time when we need that revenue. We will work together with our partners.”
Also speaking on the issue on Thursday, the CSOs, led by RHAN and CAAC, condemned Tompolo’s allegations, which they described as unsubstantiated, baseless, frivolous and lacking in merit.
At a press conference in Abuja, the CSOs insisted that Tompolo lacks the moral justification to denigrate the Nigerian Navy, highlighting his antecedents, including his history as a wanted fugitive and member of a militant coalition that terrorised and kidnapped oil workers.
Abdullahi Bilal and Olayemi Isaacs, leaders of RHAN and CAAC, respectively, who addressed journalists, noted that under the leadership of the Chief of Naval Staff, Rear Admiral Emmanuel Ogalla, the Nigerian Navy has achieved significant milestones, including the destruction of illegal refining sites, arrest of sea pirates and reduction in maritime crimes while clocking over 21,630 hours of patrol, resulting in numerous arrests and seizures.
Warning that unsubstantiated allegations could lead to chaos and increased criminality, the CSOs urged the Nigerian Navy to remain focused and resilient in the fight against oil theft.
They added: “It is our collective responsibility to fight against those forces and interests which try to undermine our very collective existence and interests and ensure we annihilate them. This is why we are here today.
“This, to us, is an apt opportunity to take the bull by the horns and conscientise the public on the evil intentions of Tompolo and the sensitive nature of his allegation, as it tries to undermine the Nigerian Navy and also reduce the morale of the fighting gallant men in the field.
“We must also warn of the chaos, destruction and upsurge in criminalities if such misinformation and mischief continue unchecked and unmitigated. Our interest is the national interest.
“We believe that lifting this curtain of secrecy and mischief will move the nation forward, encourage the Armed Forces and indeed the security forces all over the nation, as the sacrifice to secure us.
“We, therefore, call on all lovers of peace and workers with God to join us to condemn this orchestrated onslaught against those men who have decided to haphazard their lives so that we can live in peace and quiet.”
Dangote Refinery has resumed the purchase of crude oil from the United States to ramp up refining capacity and production.
According to a Bloomberg report on Wednesday, the cargo conveying two million barrels of WTI Midland crude from Chevron Corp. is due to be delivered to the refinery next month.
The new purchase comes after a three-month hiatus in purchasing crude from foreign countries, focusing instead on domestic supply.
The latest development may be an indication that the naira-for-crude deal by the federal government may have stalled or that the refinery is not getting enough crude supply from the Nigerian National Petroleum Company Limited.
Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production.
“The plant purchased about two million barrels of WTI Midland crude from Chevron Corp.,” the report said.
According to the publication, Chevron booked the supertanker Azure Nova to load crude from the US Gulf around December 5 to Dangote, according to tanker fixtures seen by Bloomberg.
Recall that on October 5, 2024, the Nigerian government hinted at the Naira-for-crude sale deal with Dangote Refinery.
However, an economist, Kelvin Emmanuel, recently said Dangote Refinery still buys crude oil from the Nigerian government in dollars.
The owner of Tantita Security Services Nigeria Limited, Government Ekpemupolo, popularly known as Tompolo, has claimed that top oil thieves barons in Lagos State and Abuja, the federal capital territory, want his downfall.
Tompolo disclosed this recently during a working visit of the Nigerian Bar Association national executive, led by its President, Afam Osigwe (SAN), to Oporoza, the headquarters of the Gbaramatu Kingdom.
He alleged that powerful people outside the Niger Delta are behind oil thieves in the region.
According to him, he has stepped on many toes while carrying out his job to protect pipelines in the Niger Delta.
This comes as Tompollo called for synergy between the Navy and other security outfits to boost surveillance on the country’s crude oil pipelines in the Niger Delta.
“While doing this work, we have stepped on a lot of toes of people over there in Lagos and Abuja. We have stepped on a lot of toes.
“As I am here, after my court cases, I cannot travel anywhere because of me and the key people (barons) fighting this battle.
“If I want to travel to Abuja to visit you, I must go with security. Even with two or three security personnel, none of them are happy with me, and they are now collaborating with top players involved in oil theft,” he stated.
Actress, Regina Daniels shares a video of her husband, Ned Nwoko speaking highly of her, as he recounts how he met her and married her as a virgin, despite having so many suitors.
The movie star took to her Instagram page to share a video her husband’s friends made while he was speaking about her with guests.
According to him, his wife had told him that she had a lot of suitors, many of whom included pastors, oil bunkerers and other assortment of men.
However, she had said no to them all, choosing to keep her chastity till they met and got married.
“She told me there were so many suitors including pastors…oil bunkerers. She gave me the list and told me these were her suitors, and they were pampering her, sending her things but she didn’t say yes to any of them and by the time we got married she was a virgin,” he said in part.
Regina Daniels, sharing the video, captioned …
“Hubby just sent me this really cutee video his friend made and I couldn’t help but share.
Isn’t this not planned conversation about me with his friends and colleagues so cuteee 🥹. Honestly I always love hearing hubby speak about me with so much love especially in my absence ❤️”
Check out reactions that followed …
mercyjohnsonokojie said: “No lies detected…always proud of you sweetheart❤️❤️”
oruhsamuel_ asked: “Wetin your mom dey call Ned ?, son in-law or father in-law 😂”
ice___queen20 wrote: “You didn’t marry out of love,
You married your highest bidder Gina, case closed, it’s understandable.”
he.is_dty asked: “Wetin concern us ?”
Watch video below …
President Bola Tinubu’s administration has announced that Nigeria’s deepwater oil projects are now delivering competitive returns, moving the country from the lowest quartile among 13 indexed nations to a position within the top three.
In a keynote speech on Friday at an Executive Session organized by the Energy Institute and the National Association of Petroleum Explorationists (NAPE), the Special Adviser to the President on Energy, Olu Verheijen, noted that Nigeria has shifted from having no fiscal framework for deepwater gas to establishing one for the first time in its history.
A copy of the speech, shared with journalists in Abuja, highlighted Verheijen’s statement that these accomplishments are the result of major reforms in the oil and gas sector introduced by President Tinubu’s government, aimed at improving fiscal attractiveness and supporting business operations.
Verheijen emphasized that the reforms specifically addressed existing challenges and focused on advancing tangible projects within the investment pipeline.
“In April this year, FID was reached on the Ubeta Non-Associated Gas project, a half-a-billion dollar project.
“The Ubeta field was discovered in 1965 and has finally been unlocked to deliver prosperity of multitudes of Nigerian lives and businesses,” she said.
Verheijen also disclosed that Nigeria is positioned to tap into 90 billion dollars in financing available for worldwide deepwater projects by IOCs already operating in the country.
“Accessing 20 per cent of this, will be more than enough to bring five major deepwater projects on-stream, unlocking 1.3 billion barrels of oil equivalent (boe).
“We are gearing up for our first FID on a greenfield deepwater development since the last one (Egina) in 2013.
“Going into 2025, we expect the investment momentum to quicken, proving beyond any doubt, that President Tinubu’s energy reform agenda is truly revolutionary. Our challenges are addressable, and fixable.
“All these new investments will have major implications for the Nigerian economy.
“The foreign exchange inflows will help with exchange rate management and macroeconomic stability; local economies will benefit from the increased spending on construction and hiring; skill-building and technology transfer will take place.
“Importantly, with the industry infrastructure being developed, each new investment will ensure that subsequent projects are possible at lower costs and with the guarantee of greater returns – creating a virtuous cycle of new investments,” she added.
The Special Adviser emphasized that the timing of the session was particularly relevant as Nigeria seeks to attract greater energy investments to stimulate its economic growth.
She further stated that energy, in its various forms, serves as a crucial avenue for creating higher-paying employment opportunities, fostering industrialization, driving innovation, and ensuring long-term prosperity for Nigeria and the entire African continent.
“We cannot succeed without you, without listening to you and taking your feedback.
“As much as we want to attract financing, we also want to work closely with partners who truly believe in our ability to keep our pledges and to ensure that the reform momentum never loses steam,” she added.
The Nigerian Navy’s Operation DELTA SANITY has discovered and deactivated a hideout which harbours crude-oil thieves in Oboloba community, Bayelsa State.
It also detected and destroyed an illegal refining site laden with a large amount of illegally refined kerosene in Foropa.
This was contained in a statement on its verified Facebook page.
According to the statement, “Operation DELTA SANITY: On Tuesday 5 November 2024, Nigerian Navy Ship (NNS) SOROH discovered and deactivated a hideout which harbours Crude-Oil thieves in Oboloba Community, Bayelsa State.
“In another development on the same day, NNS SOROH patrol team detected and destroyed an illegal refining site laden with a large amount of illegally refined Kerosene in Foropa general area, Bayelsa State.
“Additionally, on Friday 8 November 2024, NNS SOROH in conjunction with Forward Operating Base FORMOSO apprehended 2 suspects in possession of 2 wooden boats laden with sacks containing illegally refined AGO in Igbomotoru, Bayelsa State.
“Lastly, another wooden boat which was laden with a large amount of stolen Crude Oil was discovered and impounded in Tubu-Bolo River, Bayelsa State.”