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World leaders to help stem crude oil theft in Nigeria
ABUJA – The Nigerian government says it has obtained assurances from world leaders to help stem the incidence of crude oil theft in the Niger delta which accounts for loses in excess of 200,000 barrels per day.
In a keynote address delivered at the CWC-organized Nigerian Oil and Gas Conference in Abuja, Alison-Madueke said the federal government is championing the crude oil finger print to detect crude oil theft purchased by other nations as well as seeking the support of the global community.
She said President Goodluck Jonathan has held talks with world leaders, including UK Prime Minister David Cameron, to help stem crude theft in the Niger Delta, minister of Petroleum Resources Mrs. Diezani Alison-Madueke has disclosed.
“We already have Mr. President meeting with David Cameron in England a week ago and it came up there.
“They have already pledged to assist us fully in dealing with this and as the structures are put in place, they will begin to come on board, they are very ardent at joining us to actually rid ourselves of these particular scourge but I cannot begin to list the countries right now,” she said.
Oil theft, known in Nigeria as bunkering, is a major reason Africa’s top producer has been unable to produce anywhere near its installed capacity of around 3.2 million b/d and deprives the country of revenues estimated at more than $7 billion a year.
Shell’s country chair for Nigeria Mutiu Sunmonu also speaking at the conference said the lucrative business of oil theft continues to underscore the perennial problems of insecurity in the Niger Delta region.
“Militancy has been replaced by industrial-scale oil theft,” Sunmonu said.
Alison-Madueke further warned that Nigeria is coming under increasing competitive pressure from US Gulf Coast refiners cutting imports in favor of domestically-produced crude.
US purchases of crude fell to a five-year low in the last few months, pushing Nigeria to sixth position from fifth among suppliers to the world’s largest consumer.
“US shale oil and an increase in their gas production is already affecting our exports to the United States. Bear in mind that the United States is one of our major importers in this sector,” the minister said.
Sunmonu also said the discovery of shale gas in the US has not only led to the decline in the demand for Nigeria’s crude but also poses a threat for other producers.
“This path towards self-sufficiency [by the US] has been there for a long time and it poses a serious challenge to oil producers from sub-Saharan African like Nigeria,” he said.
The Paris-based International Energy Agency says the US could become the world’s biggest oil producer by 2017.
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Musa Joins Jaiz Bank As Ambassador
Super Eagles Captain, Ahmed Musa has been signed up by Jaiz Bank as a brand ambassador.
An elated Musa made the disclosure in a statement on his verified handle on micro-blogging site, X on Thursday.
The Kano Pillars striker urged his fans to troop to Jaiz Bank to do business for trusting him with the new role.
He exclaimed, “And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! ”
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He wrote, “✨Alhamdulillah✨ I am SO excited to announce that I’ve officially joined Jaiz Bank as their newest ambassador! 🎉💼
“A huge thank you to @JaizBankNG for trusting me and allowing me to be a part of this amazing journey! 🙏🏼💚 It’s an honor to represent a brand that believes in growth, security, and financial empowerment.
“I can’t wait to share all the incredible things we’ll be doing together! 🚀💡
And to my amazing fans – if you want to support me, make sure to head over to Jaiz Bank and open your accounts with them today! Let’s grow together! 💪🏼🔑
“@JaizBankNG is a non interest Financial institution poised with a mission to make life better through ethical Finance. 👌👌”
#NewBeginnings #BankWithJaizBank #PartneredUp #TeamJaizBank”
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Kenya Celebrates First Lady Rachel Ruto’s 56th Birthday
On November 20, 2024, Kenya’s First Lady, Rachel Ruto, celebrated her 56th birthday and her husband President William Ruto publicly expressed his love and appreciation for his wife on this special day, wishing her well.
The birthday celebrations were marked by an outpouring of goodwill from political figures, media, and citizens across Kenya, who praised her for her grace, leadership, and significant contributions to society, particularly through initiatives like the Joyful Women Organisation, which aims to empower rural women.
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The day was characterized by a collective acknowledgment of her role as a national figure dedicated to community upliftment.
In a heartfelt message, President William Ruto took to social media, writing, “Happy birthday my love, @MamaRachelRuto. Continue being a blessing to me and our children. Mungu akubariki sana,” which translates to “God bless you abundantly.”
Other prominent leaders also extended their wishes to the First Lady, with Anne Waiguru, EGH, OGW, Governor of Kirinyaga County, tweeting, “Happy Birthday First Lady,” further showing the respect and admiration for Rachel Ruto’s leadership and impact.
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Gas Explosion in Katsina Filling Station Damages Six Vehicles
A gas cylinder explosion at a filling station in Jibia Local Government Area of Katsina State has resulted in significant damage to six vehicles, according to a statement from the Katsina State Police Command.
The command’s spokesperson, Abubakar Sadiq-Aliyu, confirmed the incident, which occurred on Friday, November 15, 2024.
He explained that a loud explosion alerted police operatives from the Jibia Divisional Police Headquarters. Responding promptly, the Divisional Police Officer led a team to the site, supported by military personnel.
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“Upon arrival, operatives found a truck loaded with gas cylinders engulfed in flames at Tamal filling station, along Kagadama-Magamar Jibia Road,” Sadiq-Aliyu stated. The joint team acted swiftly, deploying measures to protect lives and limit property damage. Their efforts successfully extinguished the fire.
The spokesperson added, “Six motor vehicles were significantly affected by the fire incident, but fortunately, no life was lost.”
State Commissioner of Police, Aliyu Abubakar-Musa, has directed a thorough investigation to determine the cause of the explosion. Updates on the findings will be provided as investigations progress.
This incident highlights the need for heightened safety measures at gas filling stations to prevent such occurrences.