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FG rolls out plans to check crude oil theft and encourage investment in oil production

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The Federal Government has laid out new security architecture with the aim to reduce security menace associated with the production of oil and gas and also encourage investors to invest the Niger Delta region.

The Minister of State for Petroleum Resources, Timipre Slyva, revealed this at a ceremony marking the 60th anniversary of the existence of the Oil Producing Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI)

According to the minister, A review of the security architecture has been adopted which include the deployment of local security arrangement to take care of on-the-Right-of Way and off-the-Right of Way activities, funding of the Nigerian Army and Navy facilities and the engagement of a security supervision contractor to provide line-of sight on the operations of the Army and Navy.

He said Nigeria’s upstream sector never witnessed has never witnessed this scale of destruction of our facilities with over 265 illegal refineries within the SPDC corridor alone with concertized efforts to bring them down only resulting to creating new ones.

He said in managing this ugly menace and restore confidence of our partners in this hall, the Federal Government is taking the lead on the issue of security of our oil and gas infrastructures with a wider and forceful approach on the matter with the host communities participation identified as the critical stabilizing factor for a secured environment

“We will be deploying the use of technology with the provision of armoured drone for third level oversight. It is our hope that this plans we have instituted will help restore the confidence of all our partners and production to the 2016 highs in no distant time.”

“The passage of the Petroleum Industry Act (PIA) 2021, corrects the anomaly of the past by entrenching the host communities as part owners of Oil and Gas infrastructures. It introduces a mandatory percentage of Oil and gas companies’ (OPTS/Operators) total expenditure devoted to execute sustainable development projects for the host communities. With this, communal relations between oil and gas operators and host communities are reaffirmed by both the government and oil and gas operators to the welfare of the host communities, whilst recognizing the role played by such host communities to seamless oil and gas operations in Nigeria,” he said.

On the technical side, he said the regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have identified 3,453 shut-in strings that needs to be reactivated. This will be done after the integrated industry-wide study to reactivate these shut-in wells for short, medium and long term gains to boost production and guide investment planning.

“Through the Commission (NUPRC), we will be optimizing recovery factor via the EOR/IOR for candidate wells, revisiting and evaluating lease renewals obligations to facilitate production enhancement.

We will refocus on our shallow waters production which are embedded with huge potentials for condensate production as we encourage investors to set-up condensate refineries as our stop-gap to meet Nigeria’s Premium Motor Spirit (PMS/Petrol) demand.

With the PIA 2021, realistic optimization of deep water assets have been introduced which no doubt will encourage huge investments in our deep water.”

The new law the minister stated also guarantees economic growth and attraction of investments in the sector because it addresses age-long issues around transparency, accountability, price inefficiencies, regulatory framework, ownership and control of resources, host community benefits, environmental concerns, appropriate fiscal regime, etc.

“Nigeria has committed to net zero targets by year 2060, there is therefore an urgent need to monetise our crude oil by increasing our reserves, daily production to over 3 million barrels while adding value to this resource by making our nation self-sufficient in white products as a refining hub for Africa.”

 

 

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Nigerian Army begins recruitment, warns against fraudsters

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The Nigerian Army has announced the commencement of recruitment applications for Non-Tradesmen and Women.

This is contained in a post on the official X handle of the Nigerian Army on Friday, stating that the application which is free, starts from 3rd May – 7th June.

Non-tradesmen and women are those who wish to join the Nigerian Army but have only the certificate from their Senior School Certificate Examination.

The post reads: “This is to inform the general public & all interested applicants that online application for 87 Regular Recruits Intake for Non-Tradesmen & Women has commenced.

“Application starts from 3rd May – 7th June 2024.

“Application Is Free at http://recruitment.army.mil.ng. Shortlisted candidates will participate in the State Recruitment Screening Exercise scheduled from 20th June – 3rd July 2024.

“Recruitment into the Nigerian Army Is FREE, Beware of Fraudsters.”

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Turkey halts trade relationship with Israel

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Turkey has announced the suspension of all trade with Israel, saying it is because of the deteriorating humanitarian situation in Gaza.

The Turkish trade ministry stated that the suspension would remain in effect until Israel permitted an “uninterrupted and sufficient flow” of aid into Gaza.

The Turkish government declared that the trade suspension would apply to all products.

This new development comes amid escalating tensions over Israel’s offensive in the region.

Last year, trade between Turkey and Israel amounted to nearly $7 billion.

Responding to Turkey’s announcement, Israel’s foreign minister accused Turkish President Recep Tayyip Erdogan of acting dictatorially and disregarding the interests of Turkish citizens and businesses.

Israel said it would seek alternatives for trade, focusing on local production and imports from other countries.

Tensions between Turkey and Israel have been strained for years, with diplomatic relations experiencing ups and downs.

Turkey severed ties with Israel in 2010 after clashes between Israeli commandos and pro-Palestinian Turkish activists aboard a ship attempting to break Israel’s blockade of Gaza resulted in casualties.

Although diplomatic relations were restored in 2016, they soured again in 2018 when both countries expelled each other’s top diplomats over Israel’s handling of protests on the Gaza-Israel border.

However, the recent escalation in tensions between Turkey and Israel follows the deadly Hamas attack on Israel in October last year.

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Press Freedom Day: NGE salutes journalists working under harsh economic conditions

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The professional body of editors and media executives in Nigeria, gave this commendation in a statement signed on Friday by its President, Mr Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, to commemorate the 2024 World Press Freedom Day.

‘’We celebrate the courageousness and commitment of journalists across the country, who continue to risk everything to bring us the truth and reliable/credible information.

“We also acknowledge the growing threats to press freedom – from violence and censorship to disinformation and economic pressures.

‘’We pay tribute to the journalists who have lost their lives or faced persecution, and we stand in solidarity with those under threat or attack and those who continue to work under very harsh economic conditions,” the NGE said.

The forum reaffirmed that media freedom, freedom of expression and access to public information are crucial to democracy and must be at the heart of Nigerian government’s values and actions.

The NGE said it recognised the crucial role played by journalists, media workers and free/ independent media in protecting the country’s democracy and advised them not to give up, in spite of the prevailing economic challenges.

The guild also requested the National Assembly to initiate and adopt a law to protect journalists, who speak out on matters of public interest, especially against abusive and strategic lawsuits, which are regularly initiated to silence them.

According to the  NGE, the 2024 World Press Freedom Day is dedicated to emphasising the importance of good journalism amidst the current global environmental crisis.

‘’In line with the theme of this year’s celebration, we believe that journalism and freedom of expression are crucial in the context of the current global environmental crisis.

‘’Journalism and freedom of expression help in raising public awareness about environmental issues; holding power accountable; amplifying marginalised voices; promoting transparency and accountability.

“It also help in fostering public debate/engagement, and providing a platform for solutions,” the body said

The NGE added that 2024 World Press Freedom Day provided an opportunity for every stakeholder in the media community to continue to drum it to the hearing of both state and non-state actors – about the importance of press freedom and the challenges being faced by journalists.

The editors said that such challenges included censorship, harassment, imprisonment and violence.

The guild said that there was urgent need by the government to take deliberate and sustained action to promote press freedom and good journalism in the country.

The NGE added: ‘’The federal government will fundamentally be promoting the enabling environment for media to operate responsibly if it adopts a law to protect persons who speak out on matters of public interest against abusive lawsuits meant to silence them.

‘’The federal government should take a clue from the European Union and other democracies around the world, who have adopted similar laws to protect journalists and media houses against Strategic Lawsuit Against Public Participation (SLAPP suit).

‘’More so, there are still many obnoxious and anti-media laws in our statutory books that are targeted at journalists and media houses. The National Assembly (NASS) must take immediate step to repeal them.’’

The guild also urged government at all levels, international organisations and civil society organisation to protect and promote press freedom;.

The editors urged them to ensure safety and security for journalists/media houses; and ensure that all restrictive laws and policies targeted at the media are repealed.

The guild said that it would continue to advocate for press freedom, freedom of expression and access to information, adding that they are crucial to good governance, democratic societies and fundamental human rights

The World Press Freedom Day, established by the United Nations General Assembly in 1993, is observed annually on May 3.

It is set aside to celebrate the fundamental principles of press freedom, assess the state of press freedom throughout the world, defend the media from attacks on their independence, and pay tribute to journalists who have lost their lives in the line of duty.

The day also acts as a reminder to governments of the need to respect and uphold the right to freedom of expression as enshrined in Article 19 of the Universal Declaration of Human Rights.

It highlights the importance of a free, independent, and pluralistic media in fostering transparency, accountability and democracy.

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