NEWS
NNPC Ltd Announces 1.8mbpd Production, Eyes 2mbpd By Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners have revved up crude oil and gas production to 1.8 million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd).
This was revealed at a press briefing on Thursday in Abuja, where the NNPC Ltd attributed the feat to compliance with the mandate of President Bola Ahmed Tinubu.
On the development, the Group Chief Executive Officer, Mele Kyari, congratulated the Production War Room Team that anchored the production recovery process.
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According to Kyari, “The team has done a great job in driving this project of not just production recovery but also escalating production to expected levels that are in the short and long terms acceptable to our shareholders based on the mandates that we have from the President, the Honourable Minister, and the Board.”
Giving details of the efforts of the Production War Room, the Chief War Room Coordinator and Senior Business Adviser to the Group Chief Executive Officer, Lawal Musa, disclosed that the feat was achieved through the collaborative efforts of Joint Venture and Production Sharing Contract partners, the Office of the National Security Adviser, as well as government and private security agencies.
He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.
He stressed that when the Production War Room team was inaugurated on the 25th June 2024, production was at 1.430mbpd, but the team swung into action, culminating into it sustaining the production recovery to 1.7mbpd in August and hitting the current 1.808mbpd in November.
“We are confident that with this same momentum and with the active collaboration of all stakeholders, especially on the security front, we can see the possibility of getting to 2mbpd by the end of the year,” he stated.
On the development, Chairman of the NNPC Ltd Board of Directors, Chief Pius Akinyelure, also congratulated the team, and said he was happy to be part of the production recovery process, adding: “today, I will leave this place with my heart full of joy”.
He charged the Company’s Management to come up with a cashflow projection based on the new production figures to facilitate planning, stressing that he was looking forward to further production increase to 3mbpd.
On his part, the Honourable Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, expressed satisfaction with the performance of the team and pledged the Federal Government’s support for the company to do more.
Hon. Yusuf Ibrahim Zailani, former Speaker of the Kaduna State House of Assembly, has defended President Bola Ahmed Tinubu against criticisms over the difficulties facing Northern Nigeria.
He argued that the North has received substantial financial support through regional development commissions and should focus on utilizing these resources effectively.
Zailani made this statement while speaking to journalists after receiving Alhaji Yerima Shettima, President-General of the Arewa Youth Consultative Forum (AYCF), who visited to offer condolences following the passing of his stepmother, Hajia Fatima Abdullahi (Goggu Ladi).
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He noted that Tinubu’s administration had provided significant financial backing to the North, particularly through the creation of regional development commissions, each receiving ₦750 billion annually—totaling ₦2.25 trillion for the region.
“President Tinubu has, in his own way, liberated the North from poverty and underdevelopment.
“With an annual budget of ₦750 billion allocated to each of the North’s three development commissions—totaling ₦2.25 trillion annually—the North has no reason to struggle with poverty, unemployment, and underdevelopment,” Zailani stated.
He pointed out that if these funds were used efficiently, they could transform key sectors such as power, agriculture, and industrialization.
He cited an example where ₦200 billion could generate 100 megawatts of solar power, while investments in fertilizer blending plants and research could boost agricultural productivity.
Zailani stressed the need for accountability, urging Northerners to shift their focus from blaming the Federal Government to questioning the performance of their own development commissions.
“Instead of constantly questioning what the Federal Government is doing or not doing, we should be asking what our development commissions are doing with the allocated funds,” he said.
Addressing concerns about the Proposed Tax Reforms Bill, which some argue favors industrialized states like Lagos, Zailani encouraged the North to take advantage of its development funding and focus on self-sufficiency.
“Now that we have been empowered with development commissions, let us build our own industries and generate our own taxes instead of complaining,” he added.
He also commended Kaduna State Governor Uba Sani for his efforts in infrastructure development, particularly his directive for the construction of 20 kilometers of asphalt roads in each constituency.
He called on AYCF and similar organizations to collaborate with the government to drive progress in the region.
In response, Alhaji Yerima Shettima offered prayers for the late Hajia Fatima Abdullahi and reaffirmed AYCF’s commitment to ensuring transparency and accountability in governance.
“We will continue to uphold the truth and ensure justice for all,” Shettima stated.
The Lagos State Government has announced the closure and diversion of traffic on the Independence/Mekwen Bridge (inbound Marina/CMS route) for two months to allow for emergency repairs.
In a statement on Sunday, the Commissioner for Transportation, Oluwaseun Osiyemi, disclosed that the repair work would commence on Wednesday, March 19, and run until Monday, May 26, 2025.
As a result, the section of the road from the National Open University of Nigeria (NOUN) through Bonny Camp Bridge down to Independence Bridge will be closed to vehicular movement.
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Additionally, the Bonny Camp Underpass Bridge service lane inbound Independence Bridge will not be accessible to motorists. However, the service lane from Ahmadu Bello Way to Ozumba Mbadiwe will remain open.
To ease traffic congestion, the government has provided alternative routes for motorists.
“For motorists heading to Victoria Island from Ahmadu Bello Way, Osiyemi advised using Ozumba Mbadiwe Avenue inbound Akin Adesola Street, then proceeding to Falomo Roundabout and linking Obafemi Awolowo Road to access Ring Road.
“Those traveling to the 3rd Mainland Bridge from Ahmadu Bello Way should go through Ozumba Mbadiwe Avenue inbound Akin Adesola Street, then link Alfred Rewane Road to Osborne Road before connecting to Ring Road.
“Motorists heading to Inner Marina and CMS from Ahmadu Bello Way will be diverted through Ozumba Mbadiwe Avenue inbound Akin Adesola Street to connect Falomo Roundabout, then link Obafemi Awolowo Road to access J.K. Randle Road/King George V Road.
Osiyemi assured that traffic management personnel would be deployed to regulate movement during the repair period.
“Motorists heading to Ahmadu Bello Way from Inner Marina/CMS will have through-traffic access,” he said.
The commissioner also reaffirmed the government’s commitment to ensuring minimal disruption, stating that officers of the Lagos State Traffic Management Authority (LASTMA) will be on the ground to manage traffic flow along the affected routes.
The state government urged residents to plan their journeys accordingly and comply with the alternative routes to ease congestion during the two-month repair period.
Governor Lucky Aiyedatiwa of Ondo State has approved the recruitment of 1,100 primary school teachers to fill vacancies in public schools across the 18 local government areas of the state.
The announcement was made in a statement on Sunday by Bolu Ajijo, the Director of Information and Public Relations at the Ondo State Universal Basic Education Board (SUBEB).
According to the statement, the approval was granted after the completion of the recruitment process.
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“As part of deliberate efforts to fill critical vacancies in public primary schools across the state, Ondo State Governor, Lucky Aiyedatiwa, has approved the employment of one thousand one hundred teachers by the Ondo State Universal Basic Education Board,” the statement read.
Reacting to the decision, the Executive Chairman of Ondo SUBEB, Victor Olambitan, commended the governor for addressing the shortage of teachers in the state’s public schools.
“The employment will go a long way in improving the pupil-teacher ratio in our public primary schools and, at the same time, enhance the quality of education delivered in schools, especially in rural and hard-to-reach areas across the state,” Olambitan stated.
He also assured applicants that details on how to check the list of successful candidates and begin the documentation process would be made public soon.
Tinubu Not To Blame For North’s Challenges – Ex-Kaduna Speaker
Lagos To Shut Independence/Mekwen Bridge For Two Months
Ondo State To Employ 1,100 Primary School Teachers
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