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Nigeria To Grow Gas Reserves To 600 Trillion Cubic Feet — Minister

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The Minister of State for Petroleum, Chief Timipre Sylva, says the Federal Government is currently working to grow the country’s gas reserve from 206 trillion cubic feet to 600 TCF.

Sylva gave the assurance on Wednesday at the 23rd World Petroleum Congress in Houston, Texas, U.S.

The News Agency of Nigeria (NAN) reports that the minister spoke at a session themed ” Regional Development and Opportunities in Africa”.

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He said the increase would position Nigeria among the countries with the highest gas reserves in the world.

According to him, the 600 trillion cubic feet reserve will enable Nigeria to achieve the desired development required of a gas nation.

“We have a lot of gas in Nigeria. We currently have 206 trillion cubic feet of gas reserves.

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“This number is already discovered in gas reserves and the 206 trillion cubic feet reserve were discovered while looking for oil; so it was accidentally discovered.

“We were actually going to look for crude oil and we found gas, and in that process of accidental discovery of gas, we have found about 206 tcf.

“So, the belief is that if we really aim to look for gas dedicatedly, we will find up to 600 trillion cubic feets of gas,” the minister said.

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Sylva said that the forum provided an opportunity to share accomplishments and incentives within the industry which enhance Nigeria’s investment value preposition.

He explained that so far, gas was being used as a transition fuel as Nigeria and Africa as a continent do not contribute more than one per cent as carbon emission aggravating the global warming situation.

He said: “The future of oil and gas industry in Nigeria is still very bright when we talk about energy transition, we are not expected that oil will be discarded the next day.

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” We are saying that over the years, oil will account for less and less percentage in the global energy mix.

” It means that oil is still going to be relevant but it will not to be as relevant as it is today, but it not going to happen just now.

“It’s going to happen years to come, so there is still a lot of opportunities in growing the oil industry.

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“That’s why we are here to collaborate with the rest of the global community to develop oil industry.

“We’ve never discountenance that the world is serious about energy transition.”

He added that Net-Zero target proposed by Mr President Muhammadu Buhari during the COP-26 conference required sustained financial assistance.

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He said that technology transfer and capacity building from international partners willing and able to assist in that regard would be welcome.

The minister added that Nigeria still required fossil fuels, especially gas, as its base-pad energy source to address energy poverty and power supply in the country.

READ ALSO: Cooking Gas Price Jumps By 240% As Marketers Halt Imports

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“We have declared gas as our transition fuel, our pathway to net-zero carbon emissions. This presents investment opportunities given the oil and gas reserves which can be commercialised,” he noted.

Sylva said that despite the challenges and impacts of COVID-19 pandemic on the nation’s economy in general, and to the oil and gas industry in particular amid global energy transition drive, the Nigeria oil industry still held profound opportunities.

The minister said that discussion had commenced with Afrexim Bank to create an energy bank which will finance fossil fuel projects in Nigeria and Africa continent.

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He said this had become necessary because of the stance of the international financial ecosystem on funding fossil fuel projects.

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US Revokes Visas Of Foreigners Who Mocked Kirk’s Assassination

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The United States has revoked the visas of several foreign nationals who publicly mocked or celebrated the killing of American conservative activist Charlie Kirk, officials confirmed on Tuesday.

The State Department said the decision followed an internal review of social media posts deemed “offensive and contrary to U.S. values,” adding that the country “has no obligation to host foreigners who wish death on Americans.”

Kirk, 31, co-founder of the conservative youth group Turning Point USA and a strong ally of former President Donald Trump, was shot dead during a political rally on 10 September.

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His killing drew widespread condemnation across the political spectrum, with many describing the act as a targeted attack on free speech.

READ ALSO:Police Bust Child Trafficking Syndicate In Rivers, Rescue Babies

According to U.S. authorities, at least six individuals from Argentina, South Africa, Brazil, Paraguay, Mexico, and Germany had their visas revoked after making comments online that celebrated Kirk’s murder or insulted his supporters.

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Examples cited by officials included posts calling Kirk a racist who deserved it, and messages mocking grieving Americans.

We will not tolerate foreigners who promote or celebrate acts of violence against U.S. citizens,” a State Department spokesperson said.

The move underscores Washington’s growing use of immigration powers to respond to online behaviour perceived as threatening or disrespectful towards the country.

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READ ALSO:How A Nigerian Student’s Bold Hustle Landed Him In Silicon Valley

The Department said it continues to monitor social media content for evidence of incitement or endorsement of violence.
Civil liberties advocates, however, have questioned the decision, arguing that revoking visas for social media comments could set a worrying precedent.

Officials maintained that the visa cancellations were lawful, limited in scope, and aimed at protecting national integrity.

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Freedom of speech does not extend to foreigners seeking the privilege of entry while glorifying violence,” the spokesperson added.

The United States has increased visa scrutiny in recent years, requiring applicants to disclose social media handles and online activity.

The policy, officials say, is designed to prevent extremist sympathisers or those expressing hostility towards the country from entering its borders

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Israeli PM Netanyahu Back In Court For Graft Trial

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Israel’s Prime Minister Benjamin Netanyahu was back in a Tel Aviv court on Wednesday for the latest hearing in his long-running corruption trial, which opened in May 2020.

The prime minister kept a smiling face as he and his entourage of several ministers from his conservative Likud party were heckled by protesters en route to the tribunal.

It comes after US President Donald Trump suggested on Monday that the Israeli premier should be pardoned in his three separate corruption cases.

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His latest appearance at the Tel Aviv court also follows the return of the hostages taken by Hamas as part of Trump’s US-brokered plan to end the Israel-Hamas war in Gaza.

READ ALSO:Why I Won’t Attend Gaza Summit In Egypt — Netanyahu

In one case, Netanyahu and his wife, Sara, are accused of accepting more than $260,000 worth of luxury goods, including champagne, cigars and jewellery, from billionaires in exchange for political favours.

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In two other instances, Netanyahu is also charged with attempting to negotiate better press coverage from two Israeli media outlets. He has denied any wrongdoing, claiming to be the victim of a political plot.

During his current term, which started in late 2022, Netanyahu has proposed far-reaching judicial reforms that critics say sought to weaken the courts.

Those prompted massive protests that only abated after the onset of the Gaza war, sparked by Hamas’s October 7, 2023 attack on Israel.

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In an address on Monday to the Israeli parliament, the Knesset, Trump told the chamber that Netanyahu should receive a pardon in the graft cases.

“Cigars and champagne, who the hell cares about that?” Trump joked, before asking his Israeli counterpart Isaac Herzog: “Why don’t you give him a pardon?”

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The Israeli premier is also subject to an arrest warrant issued by the International Criminal Court (ICC) on suspicion of ordering war crimes in his government’s assault on Hamas militants in Gaza.

Netanyahu holds the record for the most years spent at the head of Israel’s government, having served 18 years in several stints as premier since 1996.

AFP

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FULL LIST: US Set To Carry Out Four Executions This Week

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A Florida man convicted of murdering two women he hired for sex was put to death by lethal injection on Tuesday, one of four executions to be carried out in the United States this week.

Samuel Smithers, 72, was sentenced to death in 1999 for the 1996 killings of Christy Cowan and Denise Roach in Tampa. They had been beaten and strangled and their bodies were found in a pond.

Smithers was executed at a Florida state prison at 6:15 pm (2215 GMT), the 14th execution in the southern state this year.

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Another convicted murderer was also put to death by lethal injection in the midwestern state of Missouri on Tuesday.

READ ALSO:Police Bust Child Trafficking Syndicate In Rivers, Rescue Babies

The execution of Lance Shockley, 48, was carried out at 6:13 pm (2313 GMT) for the 2005 murder of a police sergeant, Carl Graham.

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Graham was gunned down in an ambush at his home. The officer had been investigating a fatal car accident involving Shockley at the time.

Shockley maintained his innocence but his appeals were rejected by numerous courts, including the Supreme Court. Missouri Governor Mike Kehoe rejected his clemency request on Monday.

Two other executions are scheduled this week.

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Charles Crawford, 59, is to be put to death by lethal injection in Mississippi on Wednesday for the 1994 rape and murder of Kristy Ray, a 20-year-old college student.

READ ALSO:China’s Trade Surges Despite US Tariff Threats

Richard Djerf, 55, is to be executed by lethal injection in Arizona on Friday for the brutal 1993 murders of four members of a Phoenix family.

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In a letter last month apologizing for the crime, Djerf said he was ready to die and would not seek clemency.

“If I can’t find reason to spare my life, what reason would anyone else have?” he wrote.

There have been 37 executions in the United States this year, the most since 2013, when 39 inmates were put to death.

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Florida has carried out the most executions with 14, followed by Texas with five and South Carolina and Alabama with four.

READ ALSO:Tinubu Appoints New Heads For Key Agencies

Thirty-one of this year’s executions have been carried out by lethal injection, two by firing squad and four by nitrogen hypoxia, which involves pumping nitrogen gas into a face mask, causing the prisoner to suffocate.

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The use of nitrogen gas as a method of capital punishment has been denounced by United Nations experts as cruel and inhumane.

The death penalty has been abolished in 23 of the 50 US states, while three others — California, Oregon and Pennsylvania — have moratoriums in place.

President Donald Trump is a proponent of capital punishment and, on his first day in office, called for an expansion of its use “for the vilest crimes.”

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