News

Oil Theft: Senate Reveals Nigeria’s Loss In 8 Months

Published

1 year ago

November 23, 2022

Editor

The Nigerian Senate, on Tuesday, disclosed that the country had lost $2 billion to oil theft within eight months.

The red chamber’s ad-hoc committee revealed this following its investigations on oil theft covering January to August this year.

The upper legislative house failed to indict specifically any individual or corporate entity for the alleged economic sabotage ravaging the country.

Also, the Senate at plenary has adopted the committee’s report as presented by its chairman, Senator Albert Akpan Bassey but said it had impacted far-reaching recommendations in stemming the tide.

The committee, in one of its findings, said, “Nigeria lost over $2 billion to oil theft between January and August 2022, with consequent loss of revenue that would have supported the country’s fiscal deficits and budget implementation.”

Further, part of the report indicated that concerted efforts being made against the crime have been positive, with Forcados Terminal producing 500,000 barrels per day now as against zero production in the first six months of the year.

Besides, Bonny Terminals was said to be producing 87,000 barrels of oil per day now as against zero production a couple of months ago due to activities of economic saboteurs.

The committee further recommended that the Nigerian National Petroleum Company Limited, NNPCL, stop undermining Nigerian Upstream Petroleum Regulatory Commission, NUPRC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, from performing their functions.

It also said the provisions of the Petroleum Industry Act, PIA, should be adhered to by NNPCL as regards the functions of the established agencies.

And that there is a need for immediate streamlining of agencies present at the terminals in line with the relevance of their PIA-delineated upstream and midstream/downstream statutory functions, among others.

News

Edo Govt Takes Custody Of 4-year-old Girl Used For Adult Content

Published

2 mins ago

May 14, 2024

Editor

The Edo State Government has rescued the 4-year-old girl who was used for adult content by her father.

Recall that the police arrested the father of the minor in Auchi on Sunday, May 12, 2024, after her semi nude videos and photos sparked public outrage on social media.

Some images also showed the minor in revealing clothes while in the company of her father and some men in a hotel.

The state Commissioner for Health, Dr Samuel Alli, confirmed the development in a post on the X platform on Monday, May 13.

“The child is now in our custody for proper medical examination and care. We will keep you updated on her welfare. Thank you all for your contributions to ensure our kids are safe and sound both in health and mind,” he wrote.

News

Aid Reveals What Peter Obi Discussed With Atiku, Saraki, Lamido During Visits

Published

3 hours ago

May 13, 2024

Editor

The reason behind the visit of 2023 presidential flagbearer of the Labour Party, LP, Peter Obi to top political figures such Atiku Abubakar, Bukola Saraki and Sule Lamido has been revealed.

Obi’s spokesperson, Dr Yunusa Tanko, said the visit was in line with the former Anambra governor’s commitment to the peace and progress of the nation.

DAILY POST reported that Obi in Abuja on Monday visited some top political figures, including former Vice President, and PDP presidential candidate in the 2023 election, Atiku Abubakar, former Senate President Bukola Saraki and the former Governor of Jigawa State, Alhaji Sule Lamido.

“At the center of discussion during each of these visits was the state of the nation and how to reduce the suffering of all Nigerians irrespective of class and location,” Tanko said in the statement.

“In particular, the desperate condition of the downtrodden in our midst was highlighted.

“Of particular interest and emphasis in these discussions was the worrisome situation in the Northern parts of the country.”

News

Gov Fubara Vows To Probe Wike

Published

3 hours ago

May 13, 2024

Editor

Rivers State Governor Siminalayi Fubara on Monday announced a plan by his administration to set up a panel to probe previous governments including the immediate past administration of Nyesom Wike.

Governor Fubara who has been in a face-off with Wike, the Minister of the Federal Capital Territory, FCT, disclosed the plan after swearing in Dagogo Iboroma as the Attorney General of the state.

The governor expressed pessimism that the lingering political crisis currently rocking the state cannot be resolved anytime soon.

Apparently referring to Wike, the governor accused his opponents of deliberately sabotaging his administration while he was hopeful that the issue in the state would be resolved amicably.

Governor Fubara vowed to make tough decisions moving forward no matter how they would be perceived by the public.

Fubara also responded to recent comments by former Attorney General Zacchaeus Adangor, SAN, and his counterpart in the Ministry of Works Alabo George-Kelly.

According to the governor, the former attorney general alongside other critics of his administration have been sabotaging the progress of his government by filing nolle prosequi against the interest of the state.