News
Nigeria Still Losing 400,000 Barrels Of Crude Oil Daily – NSA
Published
8 months agoon
By
EditorThe National Security Adviser (NSA), Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end the menace.
Ribadu confirmed this when he led a presidential delegation to inspect oil and gas facilities at Owaza in Abia and Odogwa in Etche Local Government Area of Rivers on Saturday.
He said the activities of oil thieves and pipeline vandals had impacted negatively on the nation’s economy and were partly responsible for the rising cost of living in the country.
“It’s unfortunate that few individuals would steal our common resources, and in the process cause unbelievable loss to both the nation, communities and the people.
READ ALSO: Oil Theft: Burning Of Crude Oil Vessels Is An Environmental Hazard – NGO Cautions Military
“Nigeria has the capacity to produce 2 million barrels of crude daily, but we are currently producing less than 1.6 million barrels due to theft and vandalism of pipelines.
“So, we are talking about 400,000 barrels of crude oil going to waste with few criminals and economic saboteurs not even getting much out of it,” he said.
Ribadu said the operators of artisanal refineries collect a small quantity of crude oil when they broke the pipelines while larger volumes of oil were spilled on the environment.
“The value of 400,000 barrels of oil today is about 4 million dollars, and every day, we lose this amount because of this irresponsible behaviour.
“If you multiply 4 million dollars by 365 days (one year), you will see that it is a lot of money running into billions of dollars.
READ ALSO: Residents Of Oil-rich States Suffering Heavy Metal Poisoning — Seriake Dickson Raises Alarm
“Currently, the country is in desperate need of money as the Naira is continuously losing its value because we earn less money.
“If we earn more money, it will not only help strengthen our currency but reflect in everything, including cost of living in the country,” he added.
The NSA said that the President Bola Tinubu administration was concerned about the development and was already taking actionable steps to address the matter.
He said huge investments made by the government in building infrastructures for the common good of all were being destroyed by few individuals, and in the process, destroying the environment.
Ribadu called for a united front to tackle oil theft and end decades of attacks on the nation’s oil and gas infrastructures.
READ ALSO: JUST IN: NNPCL Intercepts Vessel With 800,000 Litres Of Stolen Crude Oil
“We are working hard with the security forces and those employed by the Nigerian National Petroleum Company (NNPC) Limited to secure our facilities and end this madness called oil theft,” he said.
The News Agency of Nigeria (NAN) reports that on the presidential delegation with the NSA were the Minister of Defence, Baduru Abubakar, and Chief of Defence Staff (CDS), Gen. Christopher Musa.
Others included the Chief of Air Staff (CAS), Air Marshal Hassan Abubakar; Minister of State for Defence, Bello Matawalle, and Minister of State (Oil), Petroleum Resources, Heineken Lokpobiri.
The Minister of State (Gas), Petroleum Resources, Ekperipe Ekpo, and senior management officials of the NNPCL as well as other top security personnel were part of tbe team.
(NAN)
You may like
Why Nigeria’s Oil Belongs To The North – Ex-presidential Aide
Oil Production Rises 26.57m Bpd In February — OPEC
[JUST IN] Protests: Gbajabiamila, NSA, Ministers In Closed-door Talks In Aso Rock
[UPDATED] Tantita, Security Operatives Parade Vessel, Crew Members Arrested For Oil Theft
JUST IN: Again, Tantita Apprehends Another Vessel For Oil Theft
Nigeria Ranks 22nd Country With Cheapest Petrol – Report [FULL LIST]
News
How God Saved Me From Firing Squad – Gospel Artiste, Buchi
Published
10 mins agoon
April 28, 2024By
EditorA popular gospel singer, Buchi Atuonwu, simply known as Buchi, has revealed how God saved him from firing squad.
During an interview on Channels Television’s Morning Brief program on Friday, Buchi said he and some other people were already lined up for execution by the firing squad.
He said despite not being religious, his desperation to be alive made him call on God and make a promise to dedicate his life to serving Him in exchange for his life if spared.
He narrated, “At a point in my life, we were laying up for execution. Indeed, the people who were to execute us were already kneeling, ready to fire. It is true that I called out to a God that I didn’t know, saying if you save me, I will serve you. Since we don’t have all the time, let me just say that He saved me from that firing squad.
READ ALSO: How I Formed Kidnap Gang During My 11yrs In Prison- Suspected Kidnapper
“Then I devoted my life to serving him. To see that my music is not empty and that it becomes an extension of a classroom for me having been a teacher in the university. The stage became an extension of the classroom. Who says musicians can not sing about GMOs, government policies, trends, events, and happenings that inform the quality of life of the people?”
Speaking on what influenced his choice of music, Buchi said his background and an intention to make a change after being spared from death were the factors responsible for his style of music.
“I come from a peculiar background. Night club DJ and at the same time a university lecturer and transiting to the choir of a church having been involved in the campus confraternity, drug abuse, and youth violence amongst others.
“My kind of music has to be somewhat different. Influenced by that background and also with an intention to make a change, it led me to the kind of stories that you are referring to. Stories that manured the songs that I put out, such as gun running and violence,” he stated.
READ ALSO: Man Jumps Into Lagoon, Dies After Being Chased By Mob For Alleged Stealing
No relationship between reggae music and weed
Speaking on a controversial comment that every musician must use performance-enhanced drugs to perform at their best, Buchi said it is a narrative sold by people, adding that there is no relationship between reggae music and weed.
“It is a narrative sold by people interested in the matter. It’s like saying to watch a good movie, I need popcorn. yes, they go together, people buy it and do it. They practice it. It is also like saying to watch a good football match. I need a particular kind of drink with me.
“It is okay to sell your products and ideas but I don’t have to accept it absolutely because I know that I can watch a good movie without popcorn and I can also watch a good football game without the drinks in question. In the same way, there is no relationship between reggae music and weed.
READ ALSO: Lawyer Drags NERC, AGF, Minister Of Power To Court Over Electricity Tariff Hike
“Yes, I have been there, and now I am here. I know for sure that the substances that I took at that time did not enhance my performance. It is true that you have to be in a certain state of mind to give your best, but drugs don’t take you there. There are so many other things like deep thinking and concern for what you are that can take you there.”
In January, the music star refuted claims that his genre of music— reggae was connected to his past romance with marijuana.
His response followed criticisms from those who questioned the inspiration behind a book he published.
PUNCH
A Former Deputy Vice-Chancellor (Academic) of the University of Benin, Edo State, Prof. Pius Iribhogbe, is dead.
Until his demise, Prof. Iribhogbe was also a consultant trauma surgeon, head of the Department of Surgery and coordinator of the School of Paramedics at the University of Benin Teaching Hospital.
The academic scholar passed on in Saudi Arabia.
UNIBEN’s Public Relations Officer, Dr Benedicta Ehanire, who confirmed the surgeon’s death said the school was yet to issue a statement.
News
Residents Displaced As Rainstorms Wreck Havoc In Edo Community
Published
3 hours agoon
April 27, 2024By
EditorLampese community in Akoko-Edo Local Government Area of Edo State has been ravaged by rainstorms.
The incident was said to have occurred Friday as a result of a heavy downpour which affected many houses including the electricity transformer.
An eyewitness account described the incident as very unfortunate following the level of devastation.
Residents of the community have therefore called on the state and local governments and all concerned authorities to come to their rescue with a view to proffering urgent solutions and resettling displaced residents.
READ ALSO: PHOTOS: Properties Worth Millions Destroyed As Fire Razes Shops In Benin
Reacting to the situation, the local government council chairman, Tajudeen Suleman, who said he was far away in Enugu State for an official engagement, disclosed that he has mobilised the council officials to the scene for an on-the-spot assessment immediately he got the news, promising to visit victims as soon as he returns today.
He also said he was in touch with the state deputy governor, Marvellous Omobayo and the State Emergency Management Agency (SEMA) on moves to fast track the process of resettling affected persons.
You’re Wicked Soul – Actress Okorie Slams Zubby Michael For Mourning Junior Pope On Instagram
How God Saved Me From Firing Squad – Gospel Artiste, Buchi
400 Bodies Found In Mass Grave In Gaza Hospital
Trending
- News3 days ago
Drama! Supporters Of Yahaya Bello Perform Rituals to Prevent His Arrest By EFCC [Video]
- Headline4 days ago
Drama As Women Fight Dirty, Breasts Fall Out During Spring Break Outing In US [PHOTOS/VIDEO]
- Entertainment4 days ago
Nollywood Actor, Zulu Adigwe Is Dead
- News3 days ago
VIDEO: Force PRO Orders Arrest Officers Caught On Video Bashing Driver’s Car
- Headline4 days ago
Meet 17-year-old Nigerian Who Won $3.5m Worth Of Scholarships From Harvard, 13 Other Foreign Universities
- Metro3 days ago
Edo Cultists Kill Rival In Daughter’s Presence, Abandon Getaway Car
- Headline4 days ago
Video Of Girl Being Bullied, Slapped At Lead British School Sparks Outrage Online [PHOTOS/VIDEO]
- Headline2 days ago
VIDEO: Meet Nigerian Pastor Who Predicted World Will End April 25
- News4 days ago
BREAKING: Dangote Further Crashes Diesel, Aviation Fuel Price
- News2 days ago
Edo: FRSC Threatens Sanction On Truck Drivers Loading Goods, Passengers Together