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FG to collaborate with PETAN on oil, gas development

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Mr Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has expressed the Federal Government’s readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) to increase the country’s oil production and revenue.

Lokpobiri said that the partnership became necessary to address the dwindling oil production and the need to drive investment in the nation’s oil and gas sector.

The News Agency of Nigeria (NAN) reports that the minister gave the assurance during his visit to members of PETAN in Lagos on Wednesday.

Lokpobiri said that the federal government was putting up measures to restore oil production, adding that there is a need for the ministry and PETAN to work together to maximise all available opportunities that can help increase production in the country.

According to him, the quickest way for the country to overcome the current economic hardship is through the exploration and production of oil and gas.

He added, therefore, that the government is actively engaged in policy evolution, aimed at maximising the utilisation of all available oil and gas wells in the country.

Lokpobiri said: “No country leaves their well idle, in Nigeria, so many seismic activities have been done and we have a lot of oil wells that are yet to be utilised.

“Imagine, one of the OML’s has about 150 idle wells. There is no way we can increase production if these wells continue to be idle.

“The wells are already drilled and capped since 1970s. These are low-hanging fruits.

“Part of our policy direction is to see how we can farm out some of these idle wells for proper utilisation.

“Now that the world is transiting to cleaner energy, the country must use the available time to maximise the utilisation of the wells to increase production.

‘’Except we increase our production, our midstream and downstream will continue to suffer.

“So, I believe that I and PETAN need to work together so that we can maximise the opportunities the industry can avail us, for the economic prosperity and development of the nation,’’ he added.

Lokpobiri said he had made a strong commitment to work with PETAN and other Nigerians in the oil and gas sector, who have shown proven capacity to ensure the growth of the sector.

He expressed conviction that the solution to Nigeria’s energy poverty lies with every stakeholder.

He noted that nobody or nation would come to salvage the nation’s oil and gas industry except Nigerians.

The minister said if Nigerians are allowed to play at the desirable level, there will be a lot of improvement in the petroleum sector.

He also pointed out that the essence of the Local Content Law was to enable Nigerians to build strong capacity to be able to play side-by-side with their international counterparts.

“In line with NUPRC’s statutory declaration, Nigeria now boasts of 37.5 billion crude oil reserves, while its total gas resources as of the beginning of this year, now stands at 209.26 TCF.”

The minister said the President Bola Tinubu-led administration was doing all it could to take the nation to a better economic standing in the comity of the nations.

He affirmed that one of the cardinal points of the president was to address the nation’s energy poverty, noting that as the world is transiting, the nation must address its challenges to enable it transit as well.

Earlier in his remarks, the Chairman of PETAN, Mr Wole Ogunsanya, reiterated the association’s commitment to supporting the minister and all the efforts of President Tinubu toward increasing oil production and development of the energy sector.

He also called on the government to see how it could grant incentives to stakeholders to ensure better output and economic benefit for the industry and the nation at large.

Ogunsanya said: ‘’Honourable Minister, we thank you and assure you that we will continue to align ourselves with the vision of the president.

“And as we have continually said, the nation must show its indigenous capacity to explore and drill oil 100 per cent.”

He expressed PETAN members’ readiness to help in the development of the Nigerian oil and gas sector.

Also speaking, the Publicity Secretary of PETAN,  Dr Innocent Akuvue, thanked the minister for making out time to visit the association.

He assured the minister of the association’s support to the ministry always.

‘’Minister, we thank you for this wonderful visit and we want to assure you that PETAN is solidly behind you and Mr President.

“By God’s grace we will not fail to support the vision and aspirations of the president in boosting the economic situation of the country,” he said.

PETAN is an association of Nigerian indigenous technical oilfield service companies in the upstream and downstream sectors of the oil and gas industry.

NAN reports that the association was formed to bring together Nigerian oil and gas entrepreneurs to create a forum for the exchange of ideas with the major operators and policymakers.

One of the association’s core objectives is to plan on how to acquire, develop, advance and promote petroleum technology for the benefit of Nigerians.

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Court vacates arrest warrant against Kwara ex-finance commissioner

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By Saka Laaro, Ilorin

A Federal High Court sitting in Ilorin, Kwara State has vacated the bench warrant issued for the arrest of the state’s former commissioner for finance, Demola Banu.

The Economic and Financial Crimes Commission (EFCC) had ealrier sought a warrant on the allegation that the second defendant (Banu) refused appearance.

At the commencement of the hearing between the anti-graft agency and the Kwara state’s former Governor Abdulfatah Ahmed (first defendant) and his Commissioner, the court one judge, Evelyn Nmasinulo granted the request sought by the lead counsel to Banu, Gboyega Oyewole Senior Advocate of Nigeria (SAN,) on the ground that the defendant was present at the  hearing.

According to the proceedings, the defendants were changed with eleven same counts bothering on financial impropriety while in office. All charges they pleaded not guilty.

The second defendant counsel however sought bail for his client which was later granted at N5m and two sureties in the same conditions.

He however pleaded for an adjournment to enable him file some documents that would aid the proper defence of his client.

Justice Evelyn Nmasinulo later adjourned further sitting to June 25 and 26.

Addressing newsmen, the lead counsel to Banu, Barrister Oyewole said: “we vacated the bench warrant issued for the arrest of our client because it was wrongly issued and we secured adjournment to the 25 and 26 with N5M bail grant and two sureties in like sum.”

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I didn’t take bribe during my 35years in service – Outgoing Anambra CP 

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By Raymond Ozoji, Awka

Outgoing Anambra Police Commissioner, CP Aderemi Adeoye, has said he didn’t take bribe or any form of gratification in all the 35 years he served in the Nigeria Police Force (NPF)

CPAdeoye who stated this during a valedictory media briefing on Monday at the Command Headquarters Amawbia Awka-South Local Government Area of the state, said he was bold to say it because he was not a desperate police officer and he did everything possible to resist such temptations.

He said it was the same orientation he gave to his officers when he assumed duty as Commissioner of Police in Anambra State. Adeoye said he told his officers to do their jobs selflessly and eschew anything that would lure them into accepting bribe because they know that if they get into trouble, he would not cover their crimes and the law, he said, must take its full cause on erring officers.

The outgoing police boss who told journalists categorically that he has no regrets whatsoever in his 35 years career, noted that every moment of his career has been action-packed and very fulfilling even as he stated that it was time to bow out of the police and try his hands on other aspects of life.

CP Adeoye who thanked journalists for their partnership, support and cooperation, also expressed gratitude to the Anambra State Government, saying that the cooperation he enjoyed in Anambra State was unprecedented.

He also recalled that he had previously served in Anambra as DC OPS in the 90s. That he was equally in Anambra as CP Election before he was eventually posted back to Anambra State as Commissioner of Police in July last year.

He said the cooperation he got as Commissioner of Police from Anambra people was enough to last him a lifetime and that he was really grateful to the citizens of the state.

Adeoye whose pull-out ceremony was done last Saturday at the Dr. Alex Ekwueme Square Awka, said he would officially bow out of service on Tuesday 30th April, adding that it was really a jolly good time serving as Commissioner of Police in Anambra State.

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Adeleke flags off construction of 6.2Km dualization road in Osun

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By Ismail Azeez, Osogbo

Osun State Governor, Ademola Adelake has flagged off the construction of the 6.2km dualization of Ereje Square, Imo, Ilesa/Akire expressway road at a cost of N16billion.

Speaking at the inauguration of the dualization road on Tuesday, Adeleke said the road is divided into two sections which will commence simultaneously and will be completed in the next 12 months.

Governor Adeleke said the government under his watch is focused on easing the burden of motorists and facilitating trade between the Ilesa city centre and outer areas.

He urged people around the construction area to give adequate support to the contractors as the companies commence work on-site, saying the government has handled all outstanding issues.

The Governor assured that the government will reward the property owners whose buildings are affected.

In his words, he said; “I assure that all those whose houses are marked for demolition will be duly compensated.”

According to him, “This is an historic continuation of our focus on Infrastructure upgrade of Osun State and Ijeshaland in particular.”

“We are all aware of our government multi-billion naira infrastructure plan for Osun state. When we announced the ambitious agenda last December, we were constrained by low funding. So we then decided to implement the infra plan in phases.”

“We divided the various projects in the agenda into segments for funding as financing capacity increases. We started phase one for completion latest by December while we are launching a new phase to be completed in the next 12 months. ”

“The new phase we are launching will cover both Ilesa and other zones. As we are aware, Ilesa is to benefit from dualisation of a major road while other zones are to have flyover bridges among others. We must note that apart from the flyover and road dualisation, our government is also billed to construct a total of over 16.5kilometers of road across the Eastern Senatorial district at 1.5 kilometers of roads per local government.”

“We are here today for Ilesa ground breaking while in the next few days, we will be heading to Ile Ife, the cradle of Yoruba people. When I visited our royal father last time, I was touched by his commendation for me and our love for Ijeshaland.”

“I use our royal father, the Owa Obokun of Ijesaland as a point of contact to Ijesa elders, elite and sons and daughters to assure them of our commitment to continue to accord Ijesaland its rightful place. I am demonstrating this love for Ijesa people through high profile appointments and infrastructure provisions.”

“We have records of hardship and gridlock encountered by users of this road especially around Ereja Square. A dualised road across that route will open up Ilesa city centre, facilitate trade and ease movement of goods and people.”

“And so today, we are flagging off the dualization of this road which by the grace of God shall be completed in 12 months. This road which is 6.2km length with 9.0m width for each carriageway with a median installed with solar street lights, walkway and a boulevard at some section of the road shall bring out the glory of Ijesha land.”

“The dualization of this road is divided into two sections which will commence simultaneously at a total cost of N16,570,862,248.07. After due compliance with procurement laws, section one of the project was awarded to Horizon Nigeria limited while the second section will be handled by Showie-tee Global Services Limited.”

“My dear people of Ijeshaland and Osun state in general, our administration promises local content in the infra development of our state. The agenda is to boost the local economy as noted in our five point agenda. We are convinced that Osun money should revolve within the Osun economy and the best tool to accomplish such is to ensure localisation in procurement practices,” he added.

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