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N81.41bn Spends on Refineries, Refined No Crude-NNPC

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NNPC

Data obtained from the Nigerian National Petroleum Corporation, NNPC showed that a total of N81.41bn was consumed on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil.

It was further gathered that for 13 straight months, Kaduna Refining and Petrochemical Company, Port Harcourt Refining Company, and Warri Refining and Petrochemical Company had been running without refining any volume of crude oil.

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Data from the fused refineries operations put the volume of crude processed by the facilities from August 2019 to August 2020 at zero metric tonnes.

The National President, Independent Petroleum Marketers Association of Nigeria, Chinedu Okonkwo, said, “Getting our refineries working optimally is so vital now to save us the continued depletion of our foreign exchange.

“I know the NNPC is working towards that and we hope the refineries will come on board as soon as possible because this might also help in reducing the cost of refined petroleum products.” He added.

The Director-General, Lagos Chamber of Commerce and Industry, Dr. Muda Yusuf, noted that the dominance of the public sector in this space had significantly slowed down the progress and development of the oil and gas sector.

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Nigerian military destroy Boko Haram training camp in Bama Area of Borno

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Boko Haram training camp

Military in a statement on Saturday evening, said it has destroyed another Boko Haram terrorist’s training camp in Borno, along with a suspected ammunition depot.
The operation, which was carried out on January 14 by the air task force of operation Lafiya Dole, was at Nuwar in the Bama Area of Borno State.

According to a statement signed by major-general John Enenche,
Some terrorists were neutralised, the statement indicated that this was achieved. Sequel to intelligence reports indicating that the cluster of huts and other structures in the settlement were being used to conduct combat training for the terrorists on a regular basis.

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The statement wen on to detail that the air task force, after conducting series of confirmatory aerial surveillance missions, dispatched an appropriate force package of nigerian air force (NAF) helicopter gunships for a night air raid on the location. Thus destroying the camp totally.

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Foreign

Uganda electoral officials declares leader Yoweri Museveni election winner

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Uganda

Uganda’s President Yoweri Museveni  has been re-elected, electral officials anounced amid vote rigging allegation by rival Bobi Wine.

According to Uganda’s Electoral Commission the leader won with almost 59% of the vote and Bobi Wine got 35% vote.

Bobi Wine who was a pop star, vowed to provide evidence of fraud once the internet is restored.

The Uganda’s Electoral Commission denies there was vote-rigging in Thursday’s election.

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The Government have been criticised for shuting down internet access in the region.

Earlier a video went viral of rival Bobi Wine House under siege by the military preventing him and the press team access to the building.

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Breaking: Nigeria’s Daily Oil Production Sinks to 1.17 Million Barrels

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Nigeria’s Daily Oil Production

According to a report by the Organisation of the Petroleum Exporting Countries (OPEC), Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by OPEC and its allies.

The report showed that the country’s oil production fell to 1.17 million barrels per day in December 2020, from 1.33 million bpd in November, based on direct communication.

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“Crude oil output increased mainly in Libya, Iraq and the UAE, while production decreased primarily in Nigeria, Congo and Angola. Libya’s crude oil output in December rose to 1.22 million bpd, according to secondary sources,” the group said.

“In the meantime, a meaningful rise in oil prices following the recent DoC (Declaration of Cooperation) decisions along with a positive trajectory from COVID-19 vaccines would brighten the 2021 outlook and lay the groundwork for a hopeful medium-term real GDP expansion,” it added

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infectious diseases in your community. It is very important to wash your hand frequently with soap under running water.

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#COVID19NIGERIA Situation Report

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

The #COVID19Nigeria situation report for 21st July, 2020 has been published. Our daily reports provide a summary of the epidemiological situation & response activities in Nigeria

@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.

GALLANT OFFICER

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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