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Monday, August 28, 2023

NNPC Reveals $7.2 Million Monthly Loss from Illegal Crude Oil Connections in Nigeria.

NNPC Reveals $7.2 Million Monthly Loss from Illegal Crude Oil Connections in Nigeria.


The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the nation is grappling with a monthly loss of $7.2 million due to illegal oil connections. This revelation follows the recent unearthing of an illicit connection in the Owaza community of Abia state.

The discovery occurred over the weekend and was made by a delegation appointed by President Bola Tinubu to assess the situation of oil theft in the Niger Delta. The team, headed by Muhammed Badaru, the Minister of Defence, visited the Trans-Niger Pipeline Right of Way in Owaza, Abia, where numerous dismantled illegal connections were found.

Among the delegation were prominent figures including Heineken Lokpobiri, Minister of State for Petroleum Resources (oil); Ekperipe Ekpo, Minister of State for Petroleum Resources (gas); Nuhu Ribadu, National Security Adviser; and Mele Kyari, Group Chief Executive Officer of NNPC Limited. Also present were Olusegun Ferreira, Commander of Operation Delta Safe, various security agency operatives, and CEOs of regulatory agencies within the oil and gas sector.

Kyari, while at the scene, emphasized the profound economic repercussions stemming from clandestine refineries, illegal bunkering operations, and resulting environmental devastation. He highlighted that these activities collectively contribute to significant economic losses for the country, and underscored the importance of oil-bearing communities' involvement in combating such criminal acts within their regions.

In concurrence, Badaru expressed commitment to ensuring peace in the Niger Delta and urged an end to crude oil theft and economic sabotage. Ribadu praised security agencies, community security contractors, and NNPC for their concerted efforts in combating oil theft and economic sabotage. He noted that the continuous destruction of the environment and livelihoods, coupled with the resultant deprivation of revenue for the federation, underscores the urgency of the situation.

The pervasive issue of oil theft has also impacted Nigeria's ability to fulfill its OPEC daily production quota, further underscoring its significance in the country's economic landscape.

President Tinubu Emphasizes the Need for "Difficult Changes" to Elevate Nigeria's Global Standing.

President Tinubu Emphasizes the Need for "Difficult Changes" to Elevate Nigeria's Global Standing.
Speaking at the inauguration of the 2023 Annual General Conference of the Nigerian Bar Association (NBA) in Abuja, President Bola Tinubu stressed the necessity for Nigeria to undertake significant reforms in order to gain respect on the international stage. He acknowledged that these reforms might be challenging initially but are crucial for the nation's growth.
President Tinubu highlighted the long-term benefits of these changes, stating, "Our efforts extend beyond us and our time. We are custodians of Nigeria's future, responsible for leaving behind a prosperous and thriving nation for generations to come."

Expressing concern about the country's unsustainable level of external debt servicing, President Tinubu pointed out that allocating 90% of revenue to service these debts would lead to detrimental consequences. He emphasized, "Continuing on this path is perilous; we must take the difficult steps needed to awaken our nation from its slumber and earn respect on the global stage."

Drawing attention to the importance of a collective change in mindset, the former Lagos State governor encouraged Nigerians to take responsibility for the nation's greatness. "We possess the potential and resources required to thrive. To overcome our challenges, we must reshape our attitudes and thinking. Dwelling on the past will not suffice; our determination and efforts will pave the way for a brighter future," he urged.

In conclusion, President Tinubu rallied the audience to join hands and work towards a more prosperous Nigeria, asserting, "The journey towards greatness begins with each individual present here today. Let us embrace this responsibility with dedication and drive."

DSS Officer Halts Edo Deputy Governor from Greeting Obaseki.

DSS Officer Halts Edo Deputy Governor from Greeting Obaseki.
The crisis between Governor Godwin Obaseki of Edo State and his deputy, Philip Shaibu, took a new twist when the Department of State Services (DSS) denied Shaibu access to the governor.

Shaibu was one of the guests who attended the church service to mark the 32nd anniversary of the creation of Edo State.

At the event which held at the New Festival Hall of Government House, Benin, on Sunday, the deputy governor stood up to greet Obaseki, but a DSS operative blocked him just a few metres away.

As the service unfolded, Deputy Governor Shaibu, a guest at the event, took the opportunity to stand up and greet Governor Obaseki. However, an attentive Department of State Services (DSS) operative momentarily intervened, causing a slight pause. While the incident caught the attention of many, it was a testament to the commitment of security personnel to their duties.

Commenting on the situation, Chief Press Secretary Andrew Okungbowa emphasized that the incident was not orchestrated by Governor Obaseki, who was unaware of the unfolding events. He clarified that the security personnel were merely ensuring the safety of their principal, and as a public event, security measures were crucial.

Despite the brief interruption, Deputy Governor Shaibu used the occasion to reaffirm his unwavering loyalty to Governor Obaseki. He addressed the media, describing the governor as his elder brother and expressing his commitment to stand by him through thick and thin. Shaibu emphasized that his loyalty remained unaltered, and he was dedicated to supporting Governor Obaseki throughout his tenure.

In the spirit of unity, Deputy Governor Shaibu also clarified that his ambition did not compromise his loyalty. While acknowledging his personal aspirations, he stressed the importance of settling differences within the confines of their relationship and not in the public domain. Shaibu's commitment to his Christian values and his vow to support Governor Obaseki's leadership resonated with his audience.

The incident at the church service served as a poignant reminder of the strong bond between Governor Obaseki and Deputy Governor Shaibu. Their shared commitment to the betterment of Edo State shone through, leaving attendees with a sense of optimism for the future of the region.

Rethinking Palliative Distribution in Nigeria: A Call for Effective Measures.

Rethinking Palliative Distribution in Nigeria: A Call for Effective Measures.
By: Comr. Sunday Odunayo

In recent times, Nigeria has been grappling with the challenge of efficiently distributing palliatives during times of crisis. While the intention to provide relief to the vulnerable is commendable, the current approach has raised concerns about its effectiveness. The distribution process lacks transparency and accountability, often resulting in meager quantities of food items. This situation has led to skepticism among citizens.

The ongoing distribution of palliatives, primarily in the form of food items, has ignited a nationwide debate due to concerns over transparency, accountability, and potential misappropriation of resources. Many Nigerians have expressed disappointment in receiving inadequate relief despite the allocation of significant funds. Consequently, skepticism has arisen regarding the government's commitment to addressing the needs of its citizens.
In Pic: Comrade Sunday Odunayo.

Comrade Sunday Odunayo lamented, "It's a pity for our country Nigeria that we lack a leader capable of singlehandedly finding a lasting solution to our problems. What a shame! I urge Mr. President to reconsider how he can effectively help poor Nigerians with well-measured assistance."

To make a meaningful impact, the government should explore alternative approaches to palliative distribution. One effective strategy involves leveraging the BVN (Bank Verification Number) and NIN (National Identification Number) database. These databases contain essential information about citizens' identities and bank accounts, allowing for a more efficient and targeted distribution method. By directly crediting eligible individuals' bank accounts, the government can ensure that palliatives reach the intended beneficiaries, thereby minimizing mismanagement.

Furthermore, a comprehensive palliative distribution approach should encompass more than just food items. While food is undoubtedly important, it should be part of a broader strategy addressing diverse population needs. Initiatives such as job creation, improved healthcare access, education support, and social safety nets can provide holistic relief. This approach empowers citizens to uplift their circumstances and contribute to the nation's overall development.

Promoting financial literacy and encouraging bank account ownership can significantly streamline palliative distribution. Financial inclusion initiatives empower citizens to manage their finances effectively and access government programs seamlessly. By fostering financial education, the government helps individuals make informed decisions about saving, investing, and financial management, thereby promoting long-term economic stability.

In conclusion, the existing approach to palliative distribution in Nigeria necessitates a comprehensive overhaul. Relying solely on state governments for the distribution of food items has proven to be inefficient and inadequate. Leveraging the BVN/NIN database for direct transfers offers a more targeted and transparent approach. However, the government's efforts should extend beyond immediate relief to encompass broader socio-economic initiatives. This approach empowers citizens and facilitates lasting positive change. By rethinking the palliative distribution strategy, Nigeria can provide meaningful assistance to its citizens and achieve sustainable development.

Sunday, August 27, 2023

CAF Confederation Cup: Bendel Insurance shock ASO Chlef in Algeria.

CAF Confederation Cup: Bendel Insurance shock ASO Chlef in Algeria.
Bendel Insurance FC of Benin on Saturday defeated ASO Chlef FC of Algeria 4-3 via penalty shootout to advance to the next stage of the 2023/2024 CAF Confederation Cup.

ASO Chlef on Aug. 19 lost the first leg of the encounter against Insurance by 0-1 at the Samuel Ogbemudia Stadium in Benin.

The Algerian side, however, won the return leg, played at Mabrouki Salem stadium in Algeria by the same margin to end the game on 1-1 aggregate.

The hosts scored the only goal of the match after 41 minutes to force the game into penalties.

The Nigerian side went ahead to win the penalties 4-3 to progress to the second preliminary stage of the continental soccer competition.

Nunez leads 10-man Liverpool to comeback win at Newcastle.

Nunez leads 10-man Liverpool to comeback win at Newcastle.

Darwin Nunez struck two late goals to complete a remarkable turnaround and give ten-man Liverpool a dramatic victory against Newcastle United at St James’ Park.

Liverpool were battling against the odds and second best for much of a thrilling encounter, falling behind to Anthony Gordon’s 25th-minute goal after he cashed in on Trent Alexander-Arnold’s mistake, then seeing captain Virgil van Dijk sent off for a foul on Alexander Isak three minutes later.

Alisson kept Liverpool in it by miraculously turning Miguel Almiron’s shot on to the woodwork in the first half, the forward also hitting the post after the break, before Uruguayan striker Nunez was introduced to stunning effect.

Nunez ran through to rifle a shot past Newcastle keeper Nick Pope with nine minutes left, then took Mohamed Salah’s pass in his stride three minutes into stoppage time before applying an equally emphatic finish to give Liverpool an astonishing win. 

Lagos celebrates children with disabilities CWD.

Lagos celebrates children with disabilities
CWD.
Lagos State Office of Disability Affairs (LASODA) has celebrated over 200 physically-challenged children to mark the day of special needs children. General Manager of LASODA, Oluwadamilare Ogundairo, said the occasion was to give more credence to the government’s policy of inclusiveness.

He said: “This is a testimony of the government’s commitment to the THEMES+ Agenda of Governor Babajide Sanwo-Olu’s, where no one is left behind. Every year, we gather them from to celebrate them. It is important to give them a sense of belonging.

Guest speaker, Mrs. Bisola Olufolajimi, who spoke on ‘Embracing the Future Generation through Hygiene’, emphasised the need to protect the children from harm.

 She said: “Heath is wealth and hygiene is life. You are as clean as your life is, or the length of your life will be. We have been able to enlighten people here today on how children with disabilities should be kept safe via cleanliness at home, school or at the centres…’’

It is essential to ensure the areas they are kept are clean and protected from germs and bacteria which can cause infection and invariably death, because, children with disabilities tend to live longer and healthier in a safe environment.”

 Mrs. Olufolajimi stressed that food poisoning can happen when their food is not well cooked, stressing that taking care of their skin, oral health and washing of hands before serving them food is also very important.

She also called for consistent awareness and advocacy on the need to prioritise their health.

 A parent, Mrs. Oluchi Francis, said every child with disability needs support and must be catered for in terms of oral hygiene, food nutrition, medication and finance.

 Mrs. Francis, whose child has cerebral palsy, called for government’s intervention and proper observation, as well as provision of therapists to keep them alive.

Source: The Nation