Connect with us

Metro News

Buhari Urges Synergy Between NNPC And Indigenous Oil Producers To Increase Local Refining

Published

on

NNPC-Towers

President Muhammadu Buhari, yesterday, in Abuja directed the management of the Nigerian National Petroleum Corporation (NNPC) to work more closely with the indigenous oil producers to boost domestic refining capacities.

Buhari said this at a meeting with members of the Independent Petroleum Producers Association (IPPA) at the Presidential Villa.

Led by its spokesperson and Chief Executive Officer of Seplat Oil, Mr. Austin Avuru, the association, which represents about 20 Nigerian companies operating mainly on onshore fields, intimated President Buhari of its resolve to build private refineries and increase local production to 1.2 million barrels per day by year 2020.

President Buhari commended the determination of the group to increase the participation of Nigerians in the country’s oil industry and pledged his administration’s support and assistance to the project.

“We have the manpower for a more effective participation in our oil industry. We will give you all possible encouragement. You certainly won’t be ignored under my leadership,” he said.

The president also assured the oil producers that the present administration will take appropriate actions to maintain and enhance security in their areas of operation. He noted that better security will help to lower production costs, which, he said, had become unnecessarily high in the country.

In a chat with State House correspondents after their meeting with President Buhari, Mr Avuru stated that the group is currently responsible for over 200,000 barrels of oil production and over 900 million cubic meters of gas production per day.

“It was one of the points we raised with the president. We think that by 2020 domestic refining capacity should not be less than one million barrels of oil per day in domestic refining. We actually put 1.2 million barrels domestic refining capacity per day and that falls on our doorstep as indigenous operators.

“It would be achieved. Some constructions are already ongoing by indigenous companies and between some others who are coming in with smaller sized refineries and in partnership with NNPC. We are confident that by 2020 we will deliver 1.2 million domestic refining capacity.

“That is 10 per cent today. Just in the past five years, up from near zero, and we anticipate that in the next five years by 2020 we will account for 30 per cent production of about three million barrels per day,” Avuru said.

Metro News

Unknown Gunmen Kill Ondo Traditional Ruler, Olufon Of Ifon

Published

on

Unknown Gunmen Kill Ondo Traditional Ruler, Olufon Of Ifon

Olufon of Ifon

Oba Adegoke Adeusi, the Olufon of Ifon under Ose Local Government Area Ondo State, has been murdered by unknown gunmen suspected to be bandits.

Oba Adeusi was reportedly killed on Thursday evening at a spot around the Elegbeka axis of the town.

According to reports, the monarch was initially kidnapped before he was eventually killed.

Also Read: Shehu Sani Raises Alarm As Bandits Allegedly Kidnap Scores On Kaduna-Abuja Road

The monarch reportedly died at the Federal Medical Centre in Owo, as a result of gunshots he sustained during the attack.

The Police Public Relations Officer in the state, Tee Leo-Ikoro, confirmed the incident to Channels Television.

Describing the event as an unfortunate one, the Police spokesman in the state also revealed that two people in the monarch’s convoy were kidnapped.

Continue Reading

Metro News

No Pardon For Rapists, Says Sanwo-Olu

Published

on

No Pardon For Rapists, Says Sanwo-Olu

Babajide Sanwo-Olu

Governor of Lagos State, Babajide Sanwo-Olu has expressed that there is no pardon for people indicted in reported cases of rape and gender-based violence.

The governor made this remark on Thursday when he received a 54-page compendium on Sexual and Gender-Based Violence compiled by the Stakeholders’ Committee set up by this wife, Dr. Ibijoke Sanwo-Olu.

The Committee was set up to give recommendations on how the fight against sexual and gender-based violence can be won.

Speaking at the occasion, Sanwo-Olu, restated his commitment to protecting the vulnerable demographics and getting justice for victims violated.

Also Read: Don’t Allow Conspiracy Theorists Undermine Lagos Security, Sanwo-Olu Tells Residents

The governor said, “I am delighted by the work done by the Stakeholders’ Committee to bring attention to the problems facing voiceless adults and children in our society. Through your efforts, vulnerable people are building the courage to speak out on offences of sexual violence and heal their wounds.

“We will bring people, who have been perpetrating these crimes, knowingly or unknowingly, to book. We will ensure they never walk freely without the full wrath of the law brought upon them. It is part of our responsibility to ensure that the vulnerable members of our society have a voice and have access to where they can get justice when their rights are violated.”

Continue Reading

Metro News

Vendor’s Widow Disowns Family Over N500m Lawsuit Against Gbajabiamila

Published

on

Vendor’s Widow Disowns Family Over N500m Lawsuit Against Gbajabiamila

Femi Gbajabiamila

Josephine Okereke, wife of the Abuja-based vendor killed by a security aide of Femi Gbajabiamila, speaker of the house of representatives, has rejected the family’s demand of N500 million compensation.

Okereke while speaking to newsmen on Thursday stated that what she wants is justice for her late husband, and not the compensation being sought by his family.

Recall that some days ago, Ifeanyi, her husband, was shot by Abdullahi Hassan, a Department of State Services (DSS) operative attached to the speaker.

Also Read: Family Of Slain Vendor Demands N500m Compensation From Gbajabiamila, Threatens Legal Action

Days after the Speaker promised to ensure justice, the family of the slain vendor wrote the speaker, demanding a N500 million compensation.

Okereke, however, told journalists in Abuja that she was not privy to the N500 million compensation requested by the family.

“I was in my house when within 10 minutes my father-in-law came from Abia, he went out along with his other son and the next day I heard that my husband’s people are demanding N500 million as compensation,” she said.

“I was shocked and asked how will they be doing that and how will the speaker help the children again with such demand. All I want now is that the person that killed my husband to face justice.”

Continue Reading

Trending