NNPC Refinery Operations:You Lied,Minister Carpets Representative 

      Mohammed Shosanya
Senator Heineken Lokpobiri,Minister of State Petroleum Resources (Oil) has faulted certain claims made on the operations of the Nigerian National Petroleum Company Limited by Engr. Kamoru Busari, Director of Upstream in the Ministry of Petroleum Resources.
Busari represented the Minister on Tuesday at the first edition of Crude Oil Refiners Association of Nigeria ( COREN) Summit in Lagos,where he reportedly told the Nigerian National Petroleum Company Limited (NNPCL) to stop running the country’s refineries and take equity in private refineries.
He added:”We urge the state oil company to take equity in the other upcoming refineries rather than running refineries”
Reacting in a statement,Heineken Lokpobiri stated that the claim that he directed the Nigerian National Petroleum Company Limited (NNPCL) to stop running its own refineries and focus solely on equity participation in other refineries is false.
He said this does not represent my position as Minister overseeing the oil sector,nor does it reflect the stance of the Federal Government.
He clarified that NNPCL is a company governed under the Companies and Allied Matters Act (CAMA), with a functional board and management,adding that the Ministry of Petroleum Resources does not control or run NNPCL, as it operates independently like any corporate entity.
He added:”The oil and gas sector is fully deregulated, and the Nigerian government remains committed to promoting in-country refining. We encourage companies, including NNPCL, to operate independently, following global best practices. While we provide strategic guidance, we do not interfere directly in the operations of these companies.
“I reaffirm our commitment to supporting the growth and independence of NNPCL, ensuring that its operations are in line with international standards for efficiency and transparency and profitability”.
LG Election:Fubara Probes Killings,Arson

          Mohammed Shosanya
Rivers State Governor, Sir Siminalayi Fubara, has inaugurated a Judicial Commission of Inquiry to investigate the arson, killings, and destruction of property at various Local Government Council Headquarters in the state.
He inaugurated the seven-member commission at the Executive Chambers of Government House in Port Harcourt on Tuesday.
A statement signed by the Governor’s Chief Press Secretary, Nelson Chukwudi disclosed that the commission was given one month to conclude its assignment.
 Honourable Justice Ibiwengi Roseline Minakiri has been mandated to serve as it’s Chairman, while Mrs. Inyingi Brown would serve as the commission’s Secretary and Barrister Uzor Ikenga as the counsel.
Other members are;Barrister Felicia Nwoke; Prof. Blessing Didia; Sir Samuel Egbe; and Venerable Alex Usifor.
According to statement,the Governor said the recent attacks and burning of Local Government Councils’ Secretariats on the 7th October, 2024, seemed like a repeat of what was experienced in 2014, months to the General Elections of 2015 when courts were set ablaze, residences bombed and people killed, leading to the closure of courts in Rivers State.
He,however,assured that his administration will not look away while ill-guided youths and sponsored political thugs turn the State into a theater of violence without being made to pay for such crimes against the state.
He said: “So, I have decided to take this action to find out the immediate and remote causes of this arson, most importantly, no matter the personalities involved, we must bring them to book.
“So, this assignment is a very important. It is an assignment that, if it is not done rightly, would give the enemies of this state opportunity to continue.
“And if we are right, it is going to be the end of further destruction of public property in the State. I know it is going to be very tasking. I can assure you that there will be threats, but you have to be strong,” he advised.
He stated that it is long overdue to inaugurate the commission of inquiry owing to incidents that have been witnessed since his administration came on board.
He explained that sometime in the past, about October, 2023, a similar incidence was experienced, and because he had thought that everybody was of the same political family, he decided to let go.
He added that the persistence of the violence and differences between people who once had worked together have seemingly destroyed chances of settling any misgivings internally.
Governor Fubara emphasised: “It has become very clear that rather than getting close to the path of peace, this state is gradually turning into a kingdom where law and order is no longer the order of the day. And we cannot fold our hands and allow such things to happen.
“On the 5th of October, 2024, about four days ago, we had an election in this State. Before the election, we also heard from a lot of quarters, songs of war, (and) threats but we never took them seriously because we believed that a local government election is a prerogative of the State Government. It has nothing to do with anybody anywhere that is outside the confinement of our state.
“And for that reason, we believed strongly that whatever it is, we could manage it to produce the purpose of that election.”
He said: “But, it is very unfortunate that after the election, even while the election was going on, several things happened, which we managed, thinking it was going to end there.
“The day after the election, there were also more threats from people, and we also thought it was just a normal threat, believing that it was not going to be out of hand but it did.”
He told members of the commission that God has not made any mistake to find them suitable for the assignment given to them.
He urged them to work with the mind of actualising the purpose of the assignment, and noted that history will not forget this responsibility given to them.
He outlined the terms of reference of the assignment given, saying that they must: “Determine the underlying causes of the violence and identify the individuals or groups reasonable for the attacks on some Local Government Council Headquarters and the harm caused to citizens.
“Evaluate the extent of damage to property, infrastructure, and human lives and estimate the financial losses incurred.
“Examine whether the violence was politically motivated, and if so, identify the key players and their roles in instigating the violence.
“Assess the effectiveness of the security agencies’ response to the violence and identify areas for improvement.
“Investigate the actions of individuals and groups involved in the violence in the face of the relevant laws, including the Violence Against Persons (Prohibition) Act, 2015, etc.
“Advise on adequate compensation and support for victims and their families, as well as measures to prevent future occurrences.
“Make recommendations on long-term strategies to prevent similar incidents in the future, including recommendations for policy reforms, community engagement, and conflict resolution mechanisms.
“Recommend appropriate sanctions for individuals and groups found culpable.
“Make other relevant recommendations in light of its findings which the commission may consider appropriate,” and also mandated the commission to submit its report within “one month”.
Court Verdict On VIO Not Binding On Us-Lagos Govt

 

The Lagos State Government has said that the verdictof the Federal High Court in Abuja barring the Directorate of Vehicle Inspection Services (otherwise known as VIO) from further stopping vehicles on the road, impounding or confiscating vehicles, and imposing fines on motorists does not affect the directorate in Lagos.
The state government conveyed this in a statement on Tuesday.
“It is important to note and be informed that a law court has limits of its territorial jurisdiction and in this case the judgment is restricted to Abuja.
“It is also important to know the rationale of the judgment of Hon. Justice Evelyn Maha in the fundamental rights enforcement suit: FHC/ABJ/CS/1695/2023.The rationale is that there is no law which empowers the VIO in Abuja to stop, impound seize, or impose fines on motorists, whereas in Lagos State, there is the Transport Sector Reform Law of Lagos State (TSRL-2018) which dictates; Part II, Section 11-22 of the law to the establishment, duties and power of VIO in the State, with the penalties or fines that can be imposed for traffic violations as contained in schedule of the law (violations-1-52).
“Therefore the decision of the Federal High Court Abuja on VIO is inapplicable in Lagos State.Motorists in Lagos State are advised to continue to be law abiding, uphold the TSRL,and respect the VIO”it stated.

 

Cholera:Oyo Confirms 27 Cases,Records One Death

         Mohammed Shosanya
The Oyo State Commissioner for Health, Dr Oluwasherimi Ajetumobi,says 245 suspected cases of the dreaded cholera disease was reported between January 1 to October 7, 2024 with 23 cases confirmed while only one death was recorded during the period.
The Commissioner disclosed that the only death recorded was a patient brought from Lagos,adding that nine  patients currently on admission at the Infectious Disease Center, Olodo, Ibadan are responding to treatment and will soon be discharged.
She disclosed this while briefing newsmen at the Governor’s Office Press Conference Room, at the end of the weekly Executive Council Meeting on Tuesday.
She said a request for approval of the sum of N 210, 243 million state counterpart fund for the support of the net campaign next year was examined at the meeting.
She said: ”As part of the activities towards the net campaign, there are some things that we need to do and that is the reason for the request. The United States Agency for International Development USAID, initiative has procured a total of 5,670, 644 nets for the state and the state is expected to pay a counterpart fund of N 210, 243million”.
‘Nigeria Needs Functional Public,Private Refineries’

 

 

 

Mohammed Shosanya

 

 

 

A legal practitioner with specialisation in oil and gas,Paul Obi,SAN has advocated the need for functional private and private refineries in order to alleviate the current suffering Nigerians are experiencing on account of fuel squeeze.

 

 

 

 

 

 

Obi,who is  the Company Secretary of NIPCO Plc,commended the birth of Dangote Refinery,adding that conscious efforts should be made to resuscitate the Port Harcourt with a view to making impact in the nation’s petroleum value chain.

 

 

 

 

The coming of the Dangote refinery,he noted,is a big boost to the nation’s economy.

 

 

 

 

He said:“It is good that government is trying to do the right thing, they have embraced Dangote refinery, supplying crude to them in naira that frees the pressure in the foreign exchange in the country.If one or two of the refineries work, Dangote refinery works,then the pressure we are having in that sector will certainly reduce if not wiped off”.

 

 

 

 

He supported the current selection process in the Senior Advocate of Nigeria (SAN) rank by the Legal Practitioners Privileges Committee.

 

 

 

Obi,who is also the Managing Partner P.C Obi & Co,said that although the SAN rank entails a rigorous process to acquire, there is no need to reform the same for now.

 

 

 

He told lawyers who intend to apply for the SAN position to ensure they meet the requirements before making their application to avoid rejection and multiple applications.

 

 

 

“I applied for the rank the first time and got it because I wanted to dot all the i’s, and cross all the Ts.I had read the guidelines and followed the rules, followed the procedure, followed the processes,I studied them well made sure all my cases are in order because I didn’t want to go this route severally.

 

 

 

 

“The procedure is rigorous.I had to go to Kano, Kaduna, Akwa Ibom State, Cross River State, Port-Harcourt, I did cases in all jurisdiction just to make sure that the 20  number of cases that were required at the high court,five at the Court of Appeal, four at the Supreme Court,were all done personally by me.

 

 

 

“It is not only me who applied for the first time and got it, there are other people who applied once and got it so.If you are technically qualified,the process is rigorous but it has a high degree of integrity. It could be fine tuned here and there but all in all, it is a very transparently credible process,”Obi said.

 

 

 

 

He commended the introduction of the new Supreme Court Rules’,noting that combined with the full complement of 21 justices of the apex court bench, justice delivery will no longer take as much time as it used to be.

NLNG Sponsors New Prize On Energy Reporting

   Mohammed Shosanya
Nigeria LNG Limited,has celebrated the media for its contribution to the development of The Nigeria Prize for Literature and The Nigeria Prize for Science in the last 20 years, recognising media stakeholders for their dedication and commitment to the coverage of the Prizes.
The company also announced the sponsorship of a new prize category at the prestigious Diamond Awards for Media Excellence (DAME) called “The NLNG Prize for Energy Reporting”.
The company announced these at an event in Lagos titled:“Celebrating the Voices of Impact”.
It featured a keynote speech by Mrs. Funke Egbemode, former President of the Nigerian Guild of Editors and ex-Commissioner for Information and Orientation in Osun State. Additionally, a fireside chat on “Leveraging Technology for Media Curation Advancement and Efficiency”was held,with Tayo Fagbule, Editor of BusinessDay, and Tolu Ogunlesi, former Special Assistant on Digital Media to the President, as speakers. 
A key moment of the event was the presentation of a One-Time Recognition Award to Prisca Sam-Duru, a literary and arts reporter at Vanguard, for her outstanding contributions in covering the Prizes,a statement said. 
Other journalists recognized for exemplary coverage included Chidinma Agu (News Agency of Nigeria),Terh Agbedeh (ThisisLagos),Gabriel Akinadewo (Freedom Online), and Sopuruchi Onwuka (The Oracle).
Andy Odeh, NLNG’s General Manager for External Relations and Sustainable Development,said that the media has provided insightful reporting on the Prizes, highlighting the significance of Prizes and bringing them to the top of the agenda in the country.
He remarked that while celebrating the 20th anniversary of the Prizes and recognising the innovation,creativity and rich cultural tapestry,the media should be celebrated for the essential role in elevating the discourse around science and technology in Nigeria, encouraging collaboration and investment in these vital fields, and shining a light on the power of literature to inspire change and foster understanding.
Speaking on the new NLNG Prize for Energy Reporting at DAME, Mr. Odeh explained that the award aims to recognise journalists who excel in reporting on energy issues, helping shape public understanding of Nigeria’s energy landscape. It encourages insightful coverage that engages stakeholders, policymakers, and the public on critical energy matters.
Mrs. Egbemode,in her keynote speech titled “Celebrating the Voices of Impact: The NLNG Story” ,emphasised the importance of the media, and acknowledged its influence in shaping public opinion, disseminating knowledge, and upholding democracy.
She stressed the media’s function as a watchdog in society, promoting transparency and accountability, and highlighted its role in driving social change through investigative journalism and storytelling.
She urged for a responsible and ethical media system that can continue to uphold democratic principles and foster social development.
She also commended NLNG for supporting new generations of innovators and writers through the Prizes, noting their positive impact on Nigeria’s global reputation.
The award jury, consisting of Mr. Taiwo Obe,Ms. Kadaria Ahmed,and Mr. Chido Nwakanma,announced Prisca Sam-Duru as the winner, citing her exceptional, consistent, and original work. 
She was awarded N5 million and a laptop, while other recognized journalists also received gifts.
According to the jury,the journalists were judged on Quality (which embodies accuracy, depth, grammar and language flow),Originality (beyond press statements and independent work), Frequency (number of articles) and Consistency (number of years of coverage).
Deregulation:Nigerians Wont Buy Dangote Refinery’s Fuel Cheap,Says Pinnacle Oil CEO

        Mohammed Shosanya
Robert Dickerman,Chief Executive Officer of Pinnacle Oil and Gas Limited, says Dangote refinery will not massively reduce fuel price for Nigerians.
The root cause of fuel hike in Nigeria,he said,is the devaluation of naira in the global market.
Dickerman,who spoke at the recent Association of Energy Correspondents of Nigeria (NAEC) annual strategic international conference in Lagos,noted that all crude oil and petroleum products are priced in United States Dollar (USD), all over the world since oil was first drilled in Pennsylvania in 1859.
“When we import products, whether the buyer is NTL or a private marketer, we must pay the global market price, adjusted for quality and location. That price is in dollars and must be paid in dollars. When it is re-sold in Naira by vessel, in bulk in a terminal, by truck at a gantry, or by pump at retail, the market price is the USD price, converted to Naira at the current FX exchange rate, which is currently about N1700.
“Any price below that is the result of Nigerian subsidy. The subsidy represents the difference between the market price and the selling price,” he explained.
He stated that every drop in the naira raises the cost of anything imported or market priced, whether gasoline,manufactured goods or food.
He added:”We must address the root problem, which is how to restore global confidence in Nigeria’s economy and currency, create foreign investment in jobs and local production, increase tax revenue and achieve fiscal prudence! That is the only way to lower petroleum products prices in naira.”
He spoke on the state of fuel subsidy,saying Premium Motor Spirit (PMS) is still subsidised by the government using discounted foreign exchange through the Nigerian National Petroleum Company Limited,NNPCL.
He said:“Prices at wholesale and retail are still considerably below market. That is why only NTL has been able to import (buy high, sell low) and why only NTL can buy Dangote’s gasoline and pay market price, while reselling at a subsidized price. No marketer would stay in business trying to copy this model.
Available crude for sale by NNPC has been steadily declining due to production challenges and actions taken to raise short term cash such as crude forward sales and crude collateralized on international loans, but also because of the fiscal constraints of the government, its increasing debt and the need to fund large subsidies such as for PMS and electricity.”

 

Nigeria Should Use Gas Reserves To Reduce Fuel Import-PETAN Boss

    Mohammed Shosanya
Nigeria’s 200 trillion cubic feet of proven gas,domestic gas utilization can reduce reliance on imported fuels,  generate significant revenue and create jobs,the Chairman of Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has said.
He spoke during the first panel session titled ‘Actualising Nigeria’s Energy Transition: Driving Investment, Energy Security and Sustainable Development’  at the 2024 NAEC Annual Strategic International Conference, organized by the Association of Energy Correspondents of Nigeria (NAEC)  at Eko hotel, Victoria Island, Lagos.
“Today, the United States is the highest producer of oil and gas. They produce more than Saudi Arabia. They invest in their renewable energy, solar.
“This is what Nigeria needs, we don’t have the technology to produce battery powered cars, not that we will not do it in future, but right now. If we don’t produce our oil and gas and ensure that the value chain is sustained within the country. Gas is supposed to be a more efficient and less carbon form of energy. Nigeria needs to focus more on that.” the oil expert said.
Engr. Ogunsanya further stressed the need to increase the nation’s production capacity, in order to reduce imports which will strengthen the naira.
He said: “We must understand the basic economic principle that your balance of trade is the difference between what you produce and what you import. We have always been negative in the balance of trade. When you import more than what you are producing, you have a negative balance of trade, this makes your currency suffer. This is what Nigeria is going through today.
“We want to power our economy and ensure the country has enough foreign earnings that can be deployed to develop infrastructure and create jobs for the people.
“Essentially, when you talk about sustainable development, you need that oil and gas revenue to invest in infrastructure, then you can have an economy that will thrive.”
He urged the government and other  stakeholders in the energy sector to focus on gas more as Nigeria does not have enough energy in circulation, hence needs gas to become energy independent and improve its economy