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BUHARI – Natural Gas Commercialisation Will Boost Economy

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Natural Gas Commercialisation President Buhari

BUHARI – Natural Gas Commercialisation Will Boost Economy

President Muhammadu Buhari yesterday said that harnessing and commercializing the nation’s vast natural gas reserves is an enabler for rapid economic development and diversification of the economy.

Speaking at the virtual flag-off ceremony of the Ajaokuta-Kaduna-Kano Gas (AKK) gas pipeline at Ajaokuta, Kogi State and Rigachikun, Kaduna State camp sites simultaneously, Buhari said the project was very dear to the country and affirmed that it must succeed.

He assured Nigerians of his administration’s commitment to ensuring timely delivery of the project within budgetary allocation and specifications.

According to President Buhari, the Novel Coronavirus (COVID-19) pandemic further underscores the drive of his administration’s desire for export substitution initiatives, adding that the AKK project will promote local manufacturing.

”Harnessing and commercialising our vast gas reserves is an enabler for rapid economic development and diversification of the economy,” the president said.

”This remains a cardinal objective of our administration’s drive towards ensuring a stable, sustainable and more prosperous future for our citizenry.”

President Buhari directed the NNPC and partners to remain focused, noting that the AKK project is part of the delivery of thepresent administration’s Next Level Agenda for sustainable development, enhancement of economic prosperity and increase of the country’s infrastructure assets.

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Governors Yahaya Bello of Kogi State and Nasir el-Rufai of Kaduna physically flagged off the commencement of works at Ajaokuta and Rigachikun sites, while the President watched remotely via video-conference from the Council Chamber in Abuja.

President Buhari said, ‘‘We promised the nation that we will expand the critical gas infrastructure in the country to promote the use of gas in the domestic market.

‘‘These include the Escravos to Lagos Pipeline System – 2 (ELPS-2), Obiafu to Obrikom (OB3) pipeline and AKK. These projects are fundamental to our desire to industrialise and energise the entrepreneurial spirit that is ever present in our population.’’

Enumerating the benefits of the project, billed to be completed in two years, the President said it will provide gas for generation of power and for gas-based industries which would facilitate the development of new industries.

It will also ensure the revival of moribund industries along transit towns in Kogi State, Abuja (FCT), Niger State, Kaduna State and Kano State, he said, adding that the cascading effect and impact of the AKK, when operational, will be immeasurable.

His words: ‘‘It has significant job creation potential both direct and indirect, while fostering the development and utilisation of local skills and manpower, technology transfer and promotion of local manufacturing.’’

President Buhari announced that Nigeria had learnt invaluable lessons from the global COVID-19 pandemic and some oil rich countries that have used their crude as a pathway to economic and industrial diversification.

On diversification, the president said, ‘‘Gulf countries that have similar levels of gas reserves as Nigeria, have a strategy centered around gas-industrialisation as their foundation towards export diversification. This has to be our guiding principle as we seek to attract investment and create opportunities for our people.’’

The president also used the occasion to challenge the private sector to lead the charge in maximising the nation’s gas resources.

According to him, the private sector can create a petrochemical hub that will resurrect the manufacturing industry and put the nation on the path to increased self-sufficiency.

He continued: “As the world evolves, we owe our people the responsibility to prepare them for what the future holds. We, therefore, must be bold and fearless and can no longer be incremental in our approach.

‘‘Time is short, and our people’s zeal is strong and palpable.

Infrastructure development although long, tedious and complex remains a cardinal objective of our administration’s drive towards ensuring a stable, sustainable and more prosperous future for our citizenry.

‘‘Today marks an important chapter in the history of our great Nation. It marks the day when our domestic natural gas pipeline networks; from Obiafu in Rivers State, Escravos in Delta State and Lekki in Lagos State, are being connected through Kaduna to Kano States thereby enhancing national energy security, creating balanced development, and further integrating our nation”.

The president commended the government of the People’s Republic of China; the financiers the Bank of China and SINOSURE; and the two EPC Contractors (Brentex/China Petroleum Pipeline Bureau-CPP Consortia and Oilserve/China First Highway Engineering Company-CFHEC Consortia) for their support to deliver the important project.

He also congratulated the Ministry of Petroleum Resources, NNPC and all relevant stakeholders on the epoch-making occasion, commending the resilience of the team to deliver on the project despite the COVID-19 pandemic.

The president appealed to governors of Kogi, Niger, Kaduna and Kano States as well as the minister of the Federal Capital Territory to provide the enabling environment and support for the project.

Also speaking, the Kogi State governor, Yahaya Bello thanked President Muhammadu Buhari for flagging off the project, saying his foresight, love and commitment to the growth and development of the country is unprecedented.

Bello said the importance of the project cannot be overemphasised, saying, when completed, AKK will provide the desirous stimulus to domestic industrial growth and boost domestic energy infrastructure.

In his remarks, Mallam Mele Kyari, Group managing director of NNPC, explained that the AKK gas pipeline project, which is part of the Trans-Nigeria gas pipeline project, involves the establishment of a connecting gas pipeline network that will integrate the Northern region of the country with the Niger Delta, Eastern and Western regions of the country.

He said the EPC contract for the 614km AKK gas pipeline project was awarded at a total contract sum of $2.592 billion to Messrs. Oilserv Plc/China First Highway Engineering Company (Oilserv/CFHEC Consortium) for the first segment covering 303km.

According to the GMD NNPC, Messrs Brentex Petroleum Services/China Petroleum Pipeline Bureau (Brentex/CPP Consortium) got the contract for the second segment covering 311km under a debt-equity financing model with loan from Bank of China and SINOSURE, to be repaid through the pipeline transmission tariff and supported by a sovereign guarantee.

‘‘We are confident that the EPC contractors will deliver the project on time, within budget and to quality/specifications,’’ he said.

Kyari added that upon completion, the project would enable the injection of 2.2bscf/d of gas into the domestic market and facilitate additional power generation capacity of 3,600MW.

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COVID-19

NCDC – 626 New Cases of Coronavirus Confirmed In Nigeria

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NCDC New Cases of Coronavirus

NCDC – 626 New Cases of Coronavirus Confirmed In Nigeria

Nigeria on Thursday, July 2, recorded 626 new cases of Coronavirus as confirmed in a tweet shared by the Nigeria Centre for Disease Control (NCDC). 

 

A breakdown of the new cases across different states in the country is as follows; Lagos-193, FCT-85, Oyo-41, Edo-38, Kwara-34, Abia-31, Ogun-29, Ondo-28, Rivers-26, Osun-21, Akwa Ibom-18, Delta-18, Enugu-15, Kaduna-13, Plateau-11, Borno-8, Bauchi-7, Adamawa-5, Gombe-4, Sokoto-1.

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As at July 2, there are 27,110 confirmed cases of Coronavirus in the country. 10,801 patients have been discharged and 616 deaths has been recorded.

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193 Almajiria Test Positive For COVID-19 In Kano State

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Kano State Almajiria Test Positive For COVID-19

193 Almajiria Test Positive For COVID-19 In Kano State

A total of 193 Almajiris in Kano State have so far tested positive to COVID 19, according to the Kano state government.

Speaking at the COVID-19 press briefing held, Thursday, July 2, Kano State Commissioner of Education, Sanusi Mohammed Kiru disclosed that a total of 1860 persons were quarantined in three locations in the state, out of which 193 of them tested positive.

 

Sanusi who is also the head of the state government’s committee on the rehabilitation of almajiris, explained that 86 of them tested positive at Gabasawa Quarantine camp, 68 tested positive in Karaye while 38 tested positive in Kiru.

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He expressed happiness at the initiative to isolate the almajiris in the state, adding that state efforts at tackling the dreaded disease would have been worse off if they were allowed to continue to spread the disease in these communities.

 

He recalled that so far the state has repatriated a total of 1183 Almajirs to the rest of the states in the region such as Jigawa, Kaduna, Katsina, Gombe, Bauchi, Kebbi, and Zamfara States in line with the decision of the Northern Governors forum to end street begging in the region.

 

He further disclosed that the state government had established three almajiri boarding schools for the immediate admission of the Almajiris of Kano State orIgin, saying that these schools are located in Bunkure, Bagwai and Madobi Local Government Areas.

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President Buhari Suspends NSITF Boss, Others

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NSITF Boss Buhari

President Buhari Suspends NSITF Boss, Others

President Muhammadu Buhari has approved the immediate and indefinite suspension from Office of the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr Adebayo Somefun.

Sen Chris Ngige, Minister of Labour and Employment, in a statement by Charles Akpan of the Press and Public Relations in the ministry, named other officers suspended to include Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment, and Mrs Olukemi Nelson, ED, Operations.

Also suspended are Alhaji Tijani Darazo Sulaiman, ED, Administration, Mr Olusegun Olumide-Bashorun, General Manager, Administration/Human Resources/Maintenance, and Mr Lawan Tahir, General Manager, Finance.

Others asked to go are Mr Chris Esedebe, General Manager, Claims and Compensation, Mr Olodotun Adegbite, Deputy General Manager, Investment and Treasury Management, and Mr Emmanuel Enyinnaya-Sike, Deputy General Manager, Finance and Accounts.

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The statement also named Mrs Olutoyin Arokoyo, Deputy General Manager/Acting Head, Legal, Ms. Dorathy Zajeme-Tukura, Deputy General Manager, Administration, and Mrs Victoria Ayantuga, Assistant General Manager, Internal Audit.

The minister said that their suspension from office arose from the “preliminarily established prima facie infractions on the extant Financial Regulations and Procurement Act, and other acts of gross misconduct”.

“During the period of their suspension, the officers will face a Joint Board and Audit Investigative Panel that had been set up to look into the financial and procurement breaches, as well as gross misconduct in the NSITF from 2016 to date.

“The gross misconduct has invariably put the contributions of stakeholders in a perilous state. The affected officers have also been directed to hand over to the most senior officers in their respective departments,” the statement said.

It quoted Ngige as specifically directing that Dr Kelly Nwagha, General Manager. Health, Safety and Environment Department, to assume the position of Managing Director/Chief Executive Officer, being the most senior General Manager in the organisation.

It said that officers assuming the new positions would take charge from Monday, July 6, 2020, until further notice.

Ngige charged the Chairman of the Board, Mr Austin Enajemo Isire, to ensure that the investigative panel commenced work as soon as possible.

He also charged him to ensure that the Board facilitated the smooth running of the Fund by creating the enabling environment and all the necessary staff adjustments and movements, in order to guarantee that services by staff to the contributors were not affected.

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#COVID19NIGERIA Situation Report

http://news.ncbn.ng/2020/06/04/coronavirus-and-the-adversity-of-the-asymptomatic-bala-ibrahim/

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

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Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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