NEWS
FPSO To Increase Nigeria’s Oil Production By 40,000 Barrels Daily, Says Lokpobiri
Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, has praised the ongoing work on the Floating Production Storage and Offloading (FPSO) facility in Lagos during a recent inspection visit.
This facility, a joint venture between the Nigerian National Petroleum Company Limited (NNPCL) and Century Nigeria Limited, in partnership with the West African Exploration and Production Company and NNPC Energy Services Limited, is expected to significantly enhance Nigeria’s crude oil production.
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In a statement released on Saturday by his Special Assistant on Media and Communication, Nneamaka Okafor, Lokpobiri expressed satisfaction with the project’s progress, emphasizing its potential to add 40,000 barrels per day (bpd) to the country’s crude oil output.
This initiative aligns with President Bola Tinubu’s directive to boost oil production and is seen as a strategic move to enhance local capacity and attract further investments into Nigeria’s oil sector.
Lokpobiri said, “The work being done here reflects the kind of investments we want in the oil sector. With projects like this, we are not only building local capacity but also expanding our crude production beyond current quotas.
“This facility alone will contribute an additional 40,000 bpd, which is a step in the right direction for our economy.”
The minister highlighted the government’s commitment to increasing Nigeria’s oil output and supporting partnerships aimed at revitalizing the industry.
“Our goal is to see Nigeria produce well above its current quota, and this project exemplifies the kind of investments that will help us achieve that,” he added.
Mr. Ken Etete, Group Chairman of Century Group, also spoke during the visit, providing updates on the project’s milestones and progress.
“We have several upgrades ongoing at the FPSO facility, and we are setting targets for various stages of the work. We are on track to complete everything within the first quarter of next year,” Etete said.
He noted that these upgrades would enhance operational efficiency and position the facility as a crucial player in Nigeria’s energy landscape.
The FPSO project stands as a critical component of Nigeria’s efforts to significantly ramp up crude production and meet increasing global demand for oil.
The remains of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, have arrived at the National Military Cemetery in Abuja, signaling the start of his burial ceremony according to military protocols.
The body arrived promptly at 3:00 p.m. on November 15, 2024, transported in an ambulance. Following tradition, the casket was received and will be positioned by pallbearers before a moment of silence is observed to honor the late COAS.
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During the ceremony, the Chief of Defence Staff, the Minister of Defence, and President Bola Ahmed Tinubu are expected to deliver tributes highlighting Lt. Gen.
Lagbaja’s contributions to the nation. Afterward, the national flag will be presented to his next of kin, and the casket will be lowered.
Dignitaries, including the Senate President, Speaker of the House of Representatives, and other government officials, will lay wreaths in memory of the late army chief, paying their last respects.
Lt. Gen. Lagbaja is remembered for his service and dedication to the Nigerian Army and the nation. The ceremony underscores the nation’s gratitude for his commitment and leadership.
The Supreme Court has unanimously dismissed a lawsuit challenging the legality of the Economic and Financial Crimes Commission (EFCC) Act, upholding the continued existence of the anti-graft agency.
A seven-man panel of justices, led by Justice Uwani-Abba-Aji, ruled that the case, filed by Attorneys General from several states, was without merit.
READ MORE: Police Recover N2.3m Extorted From Abuja Resident, Officers Detained
The lawsuit, initially filed by the Attorneys General of 16 states, sought the dissolution of the EFCC, which was established to combat corruption in Nigeria.
The states involved in the case included Ondo, Edo, Oyo, Ogun, Nassarawa, Kebbi, Katsina, Sokoto, Jigawa, Enugu, Benue, Anambra, Plateau, Cross-River, and Niger.
As the legal proceedings unfolded, some states withdrew their support, while others joined the case as co-plaintiffs.
Notably, Imo, Bauchi, and Osun states joined the suit on October 22, while Anambra, Ebonyi, and Adamawa states withdrew, leading to the dismissal of their claims by the court.
The ruling strengthens the EFCC’s legal foundation, ensuring the continued operation of the commission in its fight against financial crimes in the country.
The Nigeria Police Force (NPF) has detained officers involved in the alleged extortion of N2.3 million from Mr. Nwosu Ndubuisi in Abuja.
This was disclosed by the Police Public Relations Officer of Zone 7 Command, DSP M.B. Abdulkadir, in a statement shared on X (formerly Twitter).
The extorted sum has been recovered and returned to the victim, with disciplinary proceedings initiated against the implicated officers.
The statement read, “Further to the earlier statement issued on the alleged extortion of one Mr. Ndubuisi Nwosu by some officers of Zone 7 Headquarters, Abuja, investigation was carried out, the officers allegedly involved in the extortion have been identified and detained, while disciplinary proceedings have commenced against them.
“The sum of N2.3m has been recovered and returned to Mr. Ndubuisi Nwosu.”
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The Assistant Inspector-General of Police overseeing Zone 7 Headquarters, Abuja, AIG Benneth C. Igweh, assured the public that the disciplinary process would be transparent, in line with the accountability standards of the Inspector General of Police, Olukayode Egbetokun.
Igweh emphasised, “The zone will update members of the public on the outcome of the disciplinary proceedings against the defaulters. Zone 7 headquarters remains steadfast in its commitment to upholding the rule of law, public safety, security and its mandate of protecting lives and properties.”
The incident was initially reported by X user Harrison Gwamnishu (#HarrisonBbi18), who revealed that the officers coerced Ndubuisi into selling his laptop at Banex Plaza to pay for bail. Following this revelation, AIG Igweh ordered an investigation into the matter, leading to swift action.
This development highlights the commitment of the Nigerian Police Force to addressing misconduct within its ranks and ensuring justice for victims.
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