COVID-19: Petroleum Industry To Construct Hospitals And Diagnostics Centers

As part of its contribution to build a robust healthcare for Nigeria, the Oil and Gas Industry has expressed its readiness to embark on the construction of, at least, two hospitals and a world class diagnostics center in each of the geopolitical zones in the Country, in addition to the 250 temporary bed facilities that it offers to support government’s efforts in the fight against Cronavirus pandemic.

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, made this known while speaking Monday on an African International Television (AIT) morning programme: MoneylinewithNancy, in Abuja.

Mallam Kyari stated that the hospitals and the world class diagnostics centers would be an addition to the regular Corporate Social Responsibility (CSR) initiatives of the Upstream and Downstream companies, as well as service providers operating in the Oil and Gas Industry.

A press release by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, quoted Mallam Kyari as saying that all commitments from the Industry would be collected in kind and handed over to the Presidential Taskforce for the Control of Coronavirus (Covid-19), stressing that the Petroleum Industry would use its clear and transparent governance framework, collection and distribution processes already emplaced in respective companies to support the country’s healthcare infrastructure in this troubling times.

“We and all our partners, comprising the Upstream, Downstream and service providers, decided to come together to respond in three thematic areas. First is the provision of medical consumables such as facemasks and testing kits among others. Secondly, the medical logistics and patients’ support issues such as ventilators and oxygen generating plants. The third leg is provision of temporary isolation centres and the establishment of permanent medical infrastructure that will be of use during this period and after the pandemic is stemmed. We believe this pandemic will eradicated,” Mallam Kyari explained.

He informed that the Oil and Gas Industry in the Country would liaise with the various state governments and emplaced a sustainable and efficient governance structure to manage the health facilities established by the Industry long after COVID-19 has been brought under control.

“Nigerians will recall that last week, NNPC and our partners in the Upstream, Downstream and services sector launched an Industry-wide collaborative initiative in support of the ongoing Federal Government’s efforts to curb the COVID-19 pandemic. The total commitment to this initiative now amounts to N21billion and it is growing and potentially it is going to grow,” Mallam Kyari quipped.

The NNPC GMD stated that the distribution of the committed items would be under the stated three-thematic areas of the initiative, adding that considering supply chain constraints, all committed items cannot be delivered and distributed all at once.

According to him, NNPC and partners have a streamlined programme for the distribution of these items on weekly basis to the nook and cranny of the nation from the three clearing houses in Abuja, Lagos and Port Harcourt.

“This is the hallmark of “Good Corporate Citizenship,” which the Oil & Gas Industry is known for. We remain accountable to Nigerians and will continue to provide details of what has been collected, how it’s distributed and where it’s being delivered to, the helmsman of the Nigeria State Oil Firm enthused.

Responding to a question on whether or not the government was still paying subsidy on petrol, Kyari said, “There is no subsidy and it is zero forever, adding that going forward there would be no resort to either subsidy or under recovery of any nature. NNPC will play in the marketplace, it will just be another marketer in the space. But we will be there for the country to sustain security of supply at market price.”

Mallam Kyari stated that NNPC was a transparent organisation, saying the National Oil Company was probably the only company in the world that publishes its monthly financial and operations reports.

He said the corporation was proud of the initiative, stressing that he guaranteed Nigerians of NNPC’s commitment and observance of transparency and accountability in all its transactions.

He disclosed that as at yesterday Nigeria produced 2.3million barrels of crude oil, including condensates even as he maintained that the plan was for the country to ramp up production to 3million barrels per day in the nearest future.

Mallam Kyari said Nigeria was endowed with premium crude oil grades which is supplied to Europe, Asia and India, stressing that despite the COVID-19 pandemic which has affected demand and supply fundamentals, all of Nigeria’s export terminals are still in operations.

“The key issue in crude oil business is market fundamentals of demand/supply. I believe #COVID-19 will subside and countries will come back to life. I don’t see oil price going below the $20 we saw last week. I’m certain, all things being equal, oil price will bounce back,” Mallam Kyari informed.

The NNPC’s helmsman assured Nigerians of ample supply and distribution of petroleum products, saying despite the Coronavirus pandemic, the corporation had in stock about 2.6billion litres of petroleum products that could service the country’s energy needs for the next two months.

He stated that the NNPC was collaborating with all relevant stakeholders to ensure that the supply and distribution value chain is not disrupted to guarantee energy security for the country.

Oil Price Crash: Experts Call For Development Of Non -Oil Sector

Some economic experts, on Thursday, expressed the need for the Federal Government to immediately and purposefully develop the non-oil sector to mitigate the effect of slump in oil price in the international market.

The experts gave the advice, while speaking with newsmen in Ibadan on the implications of falling oil price.

A Policy Economist, Dr Olumuyiwa Alaba, told newsmen that government must, as a matter of urgency, build the sectors that would sustain the value of the Naira in the face of oil price crash.

He said that the implications of the slump in oil price was that the nation was likely to run a budget deficit close to about N5 trillion, if the current budget was not reviewed.

“We might not be able to do any capital project, because we were only struggling to do capital projects even when things were going well for us.

“It means we are going to borrow massively to sustain the budget. This, by implication, means that our debt profile will increase.

“Government will have borrow more, both domestically and internationally, as it must meet its obligations in terms of being able to pay salaries and so on.

“If the rest of the world trusts us, we can increase our foreign debt profile, as borrowing internally will crowd out the private sector, thus pushing it out of the market,” he said.

According to him, proactive measures were needed to sustain the economy, in terms of strengthening the macroeconomic fundamentals.

He expressed the fears that inflation as well as interest rates might rise, if proper actions were not taken.

Alaba said the country might not escape devaluation of naira, if oil prices keep falling.

He opined that the border closure had not really helped legal trade to thrive but the illegal ones, as the Nigeria Customs Service kept seizing illegally-imported goods at various stores in the country.

The policy economist, however, enjoined the Central Bank of Nigeria (CBN) to focus on its core functions, which, he said, were monetary policy, reserve management and foreign exchange management.

Another financial expert, Mr Tunji Adepeju, said that government was taking the right measures by reviewing the 2020 budget to meet the present realities.

“The good thing is that we are already looking at other sources of revenue, that is, the non-oil sector.

“The reserve from the non-oil sector has risen, particularly taxes, while solid minerals and tourism too are moving up.

“Government should review everything and come to terms with what is going on.

“The implication of this is not being able to finance the budget and depletion of our foreign reserves,” he said.

Concerning the proposed N22 billion loan, Adepeju said the Federal Government had no other option than to borrow, especially for infrastructural development.

“Owing to the fact that the revenue source to support or finance such development is not available, borrowing is the only option left,” he said.

Adepeju, however, said that if the country must borrow, it must be for specific purposes.

“All that is left is for Nigerians to monitor and ensure that such monies are used for the purpose for which they are meant,” he said.

The experts, however, said that they expected growth in the economy to translate into good living conditions for Nigerians, with the hope that if managed well, the nation’s economy would not slide into recession for the second time.

It would be recalled that   oil price slumped to $30 per barrel on Monday, but picked up to $37 per barrel on Tuesday.

Some experts have hinged this development on the effects of the trade and technology wars between Saudi Arabia and Russia, and more importantly, the spread of Coronavirus across the world.(NAN)

Oil price crashes to $33, loses $11 in hours

The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel.

As was published in VON,  Oil prices suffered an historic collapse overnight after Saudi Arabia shocked the market by launching a price war against onetime ally Russia.

Brent, against which Nigeria’s crude is priced, fell by $11.62 to $33.45 as of 9.00am Nigerian time on Monday. It earlier dropped to $31.02, it’s lowest since February 12, 2016, according to Reuters.

Traders are bracing for Saudi Arabia to flood the market with crude in a bid to recapture market share, according to CNN Business.

Last Friday, the negotiations between the Organisation of Petroleum Exporting Countries and its partners broke down.

Russia, the leader of the 10 allies, adamantly refused to go along with a plan for deeper crude production cuts to tackle the coronavirus’ impact on global oil demand.

Brent, which has been on a downward trend since the coronavirus broke out, fell by $3.84 to $46.15 per barrel as of 8:10pm Nigerian time on Friday.

OPEC had on Thursday revealed a plan under which it would slash its production quotas by an additional 1 million barrels per day for the rest of the year, contingent on Russia and nine other non-OPEC allies agreeing to shrink theirs by 500,000 barrels per day.

Oil prices were already stuck in a bear market because of the coronavirus outbreak that has caused demand for crude to fall sharply.

But then Saudi Arabia escalated the situation further over the weekend. The kingdom slashed its April official selling prices by $6 to $8, according to analysts, in a bid to retake market share and heap pressure on Russia.

Photo: Opening Ceremony of The Finals of The 18th Edition of The Nigeria Oil and Gas Industry Games Held at The Teslim Balogun Stadium, Lagos.

L-R: Managing Director, Shell Petroleum Development Company and Country Chair, Shell Companies in Nigeria, Osagie Okunbor; Group Managing Director, Nigeria National Petroleum Corporation, Mele Kolo Kyari; Executive Chairman, Lagos State Sports Commission, Sola Aiyepeku; and Minister of State for Petroleum Resources, Timipre Sylva, at the opening ceremony of the finals of the 18th edition of the Nigeria Oil and Gas Industry Games held at the Teslim Balogun Stadium, Lagos.
L-R: Managing Director, Shell Petroleum Development Company and Country Chair, Shell Companies in Nigeria, Osagie Okunbor; Group Managing Director, Nigeria National Petroleum Corporation, Mele Kolo Kyari; Executive Chairman, Lagos State Sports Commission, Sola Aiyepeku; and Minister of State for Petroleum Resources, Timipre Sylva, at the opening ceremony of the finals of the 18th edition of the Nigeria Oil and Gas Industry Games held at the Teslim Balogun Stadium, Lagos.
DisCos tackle minister over power supply claims

Electricity tariff hike imminent, says minister

The Association of Nigeria Electricity Distributors (ANED) on Wednesday dismissed as untrue, the claim by Minister of Power Mamman Sale that  electricity Distribution Companies (DisCos) evacuate only 3,000Megawatts (MW)  out of the 7,000MW wheeled by the Transmission Company of Nigeria (TCN).

ANED which is the umbrella body of the DisCos  said the TCN wheels a mere 4,303MW   supplied to consumers.

The minister last week  blamed on the Discos.

“Nigeria currently generates 13,000 MW  of electricity, it transmits 7,000 to DisCos while the distribution companies can only distribute 3,000 megawatts to end users,”Sale told  reporters.

But ANED,in absolving its members of blame in the worsening power supply in the country, stated that the quantum of power that DisCos  supply to their customers is based on the allocation they get from the TCN.

The association restated in a statement that its members have till date not received a kobo from the Federal Government as subsidy. It reminded the government that even though DisCos liabilities to NESI is N81bn, MDAs owe them to the tune of N100bn.

ANED referred the minister to a review of the daily power report published by TCN’s National Control Centre (NCC) , Osogbo, Osun State, which  shows  that his claim  on current  wheeled megawatts of electricity  was false.

The report, according to ANED,  clearly  indicates that the peak generation ever recorded in Nigeria is 5,375 MW, of which only 4,303 MW of energy are  wheeled or transmitted by the TCN to its members.

It said that a further review, historically, shows  that TCN has never wheeled or transmitted energy above 4,557 MW nor matched its transmission to any of the generation peaks to date. The association added:  “As such, references to TCN’s ability to transmitting  ‘…7,000 to Discos…’ is inaccurate and misleading.  TCN’s attestations of a transmission capacity of 8,100 MW is based on nothing more than a computer simulation and not tested, proven or practical capacity.”

ANED said the recent Siemens “Electrification Roadmap for Nigeria” report, May 7th, 2019 states ‘Today, power distribution by the DisCos  to end-customers is limited by power in-feed from TCN.”’

The same report, according to the association, also states that the capacity of the “last mile (DisCos capacity) …is about twice as high as the peak supply delivered by the TCN to the respective distribution utilities (where the peak was 5.2 GW across all Nigeria in 2018).”

It said that a System Adequacy report authored by TCN’s Market Operator (July 2017), states that “transmission constraints frequently limited the power flows in the network.”

The ANED  statement also  made reference to the Nigerian Electricity Regulatory Commission (NERC) December 2019 TCN Minor Review Order which  stateds inter alia:  “…whereas the CAPEX provided to TCN in MYTO-2015 Order was to support the evacuation of the average projected generation of 5,465MW in 2016 to 10,493MW in 2019, actual average generation remained between 3,500MW to 4,OOOMW during the same period.”

The statement  went on to add: “Maximum Available Capacity to Date  for generation, indicated in the NCC report on the date (February 20, 2020) of the honourable minister’s comments was 7,652.2 MW. Thus, raising a question as to the basis for the  minister’s reference to 13,000MW of generation.

“Indeed, of the available generation capacity, 1,500MW continues to be constrained by lack of gas, given that twenty-five (25) out  of 28 generating plants are thermal plants that are fuelled by gas.  Grid and hydro issues provide additional constraints to generation availability.

“In simple terms, the DisCos can only deliver the energy that is transmitted or wheeled to them by TCN, based on the amount generated.

“Of greater importance is the need, at a minimum, for a realignment of gas, generation, transmission and distribution capacities, that will provide the country with a level of consistent power supply.

“Any unsupported or inaccurate information amounts to deviation from this minimum and needless distraction from issues of sectoral urgency.

“That is what we are saying.  Government cannot continue to subsidise because what they are doing is that they collect 3,000MW and pay for only 1,000MW. That is 15 per cent of what they are collecting. So, government is the one completing the payment.”

The association also disclosed that its members have till date not received a kobo from the Federal Government as subsidy.

“To date, the DisCos have not received any subsidy from the Federal Government.  References to the N1.7 trillion in subsidies paid by the government are associated with payments that have been made to the generating and gas supply companies, under the Payment Assurance Guarantees (PAG) initiative and the Nigerian Electricity Market Stabilization Fund (NEMSF), ANED added.

The statement further  said: “PAG is, principally, a result of government regulatory and policy interventionist initiatives that have resulted in the inability of the NESI value chain to recover the cost of doing business based, primarily, on tariffs that are non-cost reflective – an unmet critical commitment of the privatisation of the electricity distribution companies.

“As a matter of fact, NERC’s December 2019 Minor Review Order specifies Federal Government’s  debt to the DisCos (correspondingly, the rest of the NESI value chain , due to tariff shortfalls of N1.728 trillion.”

“DisCo’s liability to NESI, due to market shortfalls, is N81 billion.  Significantly, government Ministries, Departments and Agencies (MDA) owe the DisCos in excess of N100 billion, for energy consumed but not paid for – a Federal Government commitment, yet again, unmet under the privatisation agreement and MYTO-2015.

“Under the NEMSF N210 billion initiative, of the N189.1 billion that has been disbursed, the DisCos have only received N49.89 billion or 26.3%.  Importantly, this is money owed to the DisCos by the consumers, due to the non-cost reflective tariff of MYTO 2.0 and the government’s failure to inject the associated N100 billion in subsidies,  a commitment under the privatisation agreements.

“Interestingly, the rest of the NEMSF disbursement of N139.21 billion or 73.7% is comprised of the  defunct  Power Holding Company of Nigeria (PHCN)’s legacy gas and energy supply liabilities that should have resided with the Nigerian Electricity Liability Management Company (NELMCO).

“Unfortunately, these liabilities now constitute an encumbrance on the DisCos’ financial books, limiting or precluding their ability to access the financing that is critical for capital investment and injection of efficiency in the distribution of electricity –  another violation of a privatisation commitment which required that the DisCos have debt-free financial books that would enable them access debt funding for their operations.

“A review of DisCos performance would indicate that the DisCos have improved their collection efficiency from 2017 (57.89%) to a high of 74.5% (Quarter 4, 2019), in spite of the issues of lack of access to financing and the related limited capital investment, as well the artificially suppressed electricity tariff.

“However, a discussion about DisCos remittances and collection efficiency would be incomplete without reference to regulatory and government policy inconsistencies and interventions that have distorted the ability of NESI to evolve organically.”

NNPC to Double Nigeria’s Domestic Gas Supply, Export Fuel by 2023

The Nigerian National Petroleum Corporation (NNPC) is to expand its domestic gas footprint with the delivery of the Escravos-Lagos Pipeline System (ELPS) II to double capacity from 1.1 billion standard cubic feet of gas to 2.2 BSCF.

A statement by its Acting Group General Manager, Group Public Affairs Division, Samson Makoji, in Abuja, said the Group Managing Director of the corporation, Mele Kyari, spoke on the expansion at the fourth sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos.

A report by Financial Derivatives Company (FDC) has also noted that investors in the oil and gas industry are awaiting the outcome of the passage of the Petroleum Industry Bill (PIB), especially the clarity of its fiscal terms.

Speaking on the theme: “Oil and Gas as an Enabler for Economic Transformation in Sub Saharan Africa,” Kyari stated that the NNPC would commence the construction of the Ajaokuta-Kaduna-Kano gas pipeline in the second quarter of 2020 to serve as an enabler to further boost economic activities of the country.

Represented by the Chief Operating Officer (COO), Gas and Power, Mr Yusuf Usman, Kyari explained that the recent passage of the Deep Offshore Act into law has set the industry on the path of irreversible growth.

According to him, Nigeria as Africa’s leading exporter of LNG and the fourth in the world after Qatar, Australia and Malaysia, is ready to capture more LNG market with the Final Investment Decision of the NLNG Train 7.

He said most resource dependent nations rely on their dominant natural resource to drive other key economic initiatives and activities, noting that it is true of Nigeria and many other countries represented at the conference.

He explained that the connection between the oil and gas industry and the Nigeria economy was intricate, adding that the state of every aspect of the nation’s economic and social life revolves around hydrocarbon resource.

Kyari called for more hard work to diversify the economy away from over dependence on oil revenues in order to avoid the risk of market fluctuations that may impact the nation’s fiscal equation.

He said: “Oil and gas resources have remained the major source of revenue that has kept the wheels of Nigeria moving for over five decades. Oil, as we all know, has served as key enabler to the economic transformation of many nations like Norway, Saudi Arabia, UAE, Qatar and many other oil resources dependent nations.

“The current government under the leadership of President Muhammadu Buhari has made it a priority to ensure revenues from oil and gas resources are utilised to support the emergence and growth of other non-oil sectors of the economy.

“In order to achieve this objective, it means more money will be required from the oil and gas to fund new economic projects outside the oil and gas industry,” the GMD stated.

He said the NNPC, as a national oil company, had been repositioned to support the vision of the president for economic diversification, adding that in the upstream, the corporation targeted increasing oil production from 2.3 million barrels per day to 3 million bbl/day.

He noted that the corporation was working with partners to significantly reduce production cost per barrel in order to improve the flow of the needed revenue to support economic diversification.

He said the NNPC was encouraging private investors to boost investment in oil and gas value chain as a way of creating more value and job opportunities for the nation’s teaming youths.

Kyari explained that Nigeria was still a net importer of petroleum products due to the current state of NNPC refineries and the long absence of private investment in the refining sector.

According to him, the NNPC is inviting investors to key into the revamp and expansion of domestic refining capacity in order to support the growth of the downstream sector and guarantee energy security for the nation.

“We are progressing with the establishment of condensate refineries to fast-track domestic supply of petroleum products. In the same vein, the corporation would support the actualisation of the 650Kbbl/day Dangote Refinery, as well as other private initiatives along this line. Our plan is for Nigeria to become a net exporter of petroleum products by 2023,” Kyari noted.

He said that NNPC was leveraging technology and innovation to achieve the goal of building an energy company of global excellence.
The GMD implored all stakeholders to collaborate with the corporation in an atmosphere that is beneficial to all and emplaces Nigeria on the path of growth and development.

In his opening remarks, the Chairman of the Petroleum Technology Association of Nigeria (PETAN), Mr. Bank-Anthony Okoroafor, called for deeper regional integration among African countries to boost the continent’s economic activities.

LASG Advises Nurses To Be Prepared For Global l health Challenges

The Lagos State government has advised  the nurses to get adequately prepared for global health challenges, since they are key stakeholders in preventing the spread of infectious diseases.

Nurses were also charged to uphold the professional values of their profession so as to keep in tune with global best practices in healthcare delivery.

Commissioner for Health, Professor Akin Abayomi, gave the advice at the opening ceremony of the Year 2020 Nurses Assembly held at Adeyemi-Bero Auditorium, Alausa, Ikeja, urging nurses and midwives to always display professionalism in the discharge of their duties.

He advised them to ensure that observance of universal safety precautions and compliance with infection prevention and control measures when dealing with patients, stressing that appropriate personal protective equipment like hand gloves, facemasks, goggles and overalls must be worn during treatment of clients.

Declaring the conference open, the Commissioner observed that the year 2020 theme “The Future of Nursing and Healthcare: A Global Perspective for Expanded Role” was well thought out, noting that global health issues require a high level of preparedness and care.

“Expanded roles in healthcare practice is a welcome development in an environment of harmony and team spirit by all stakeholders who are professionals in the healthcare industry for improved quality and safety with evidence for money spent. Health is wealth; quality healthcare remains a potent determinant of economic growth and development of a nation. It is, therefore, pertinent to maintain a qualitative nursing practice in order to overcome the prevailing healthcare challenges”, he remarked.

The Commissioner tasked the participants to be more committed in the discharge of their duties to promote qualitative nurse-patient relationship, patients-client safety and also take cognisance and optimally utilise the various innovations and advanced global technology for the advancement of the profession.

“There is need for Nurses to be prepared for any emerging infectious diseases, have a positive attitude and mindset towards clients and be well equipped to be productive in the discharge of their responsibilities. You should take cognisance and optimally utilise the various innovations and advanced global technology for the advancement of the profession”, he advised.

Prof. Abayomi stated that government on its part remains committed to ensuring best practices in healthcare delivery across the State, maintaining that quality medicare remains a potent determinant of economic growth and development of any nation.

Earlier in her welcome address, Director, Nursing Services in the Ministry, Mrs. Dorcas Shonibare advocated for a strong global health platform to meet the extreme demands of Lagos State by bringing together not only nurses, doctors, pharmacists and dentists, but also other professionals such as economists, engineers and lawyers.

While appreciating the Lagos State Government for supporting the yearly event, Shonibare admitted that the programme would go a long way in keeping nurses and midwives across the State abreast of developments in the profession as well as enhance their knowledge on the policies, programmes and activities of the State Government in the health sector.

She tasked them to improve on their attitude and shun acts that could tarnish the image of the profession, noting that patients feel very comfortable when they receive adequate care, love and kindness from health workers, especially nurses.

Highlights of the event were presentations by Barrister Harrietta Fagbo on Ethical and Legal Issues in Healthcare Delivery; Mr. Olufemi Alo on Arts for Life while Professor Omolola Irinoye made a presentation on the Role of Technology in Modern Nursing.

Reinstate Mrs Maryam Danna Senate directs NDPHC

The Senate of the Federal Republic of Nigeria has mandated the Niger Delta Power Holding Company (NDPHC) to reverse the alleged wrongful termination of the appointment of a female chartered accountant and widow from Borno State, Mrs. Maryam Danna.

This is coming 22 months after the last Senate had in their resolution of May 3, 2018 ordered her immediate reinstatement to her position as General Manager (Audit & Compliance) of NDPHC.

PRNigeria also gathered that President Muhammadu Buhari had also directed that the woman who was sacked in June 2016 be reinstated. On October 25, 2016, the Attorney General and Minister of Justice, Abubakar Malami (SAN), wrote the Chief of Staff, Abba Kyari, intimating him that the President had during a meeting with him ordered the reinstatement of Mrs Mohammed back to her job. But the widow was not reinstated.

In the latest development, the Upper Chamber also resolved to immediately communicate its resolution to the Secretary to the Government of the Federation, Boss Mustapha, and urged him to direct the Managing Director of the NDPHC for compliance and implementation of the resolution.

The Upper Chamber, which adopted the report its Committee on Ethics, Priviledges and Public Petitions, in Abuja, also directed the NDPHC to pay all her salaries and other entitlements.

Chairman of the Committee, Senator Ayo Akinyelure, in his report on the petition against the NDPHC by Mrs. Mohammed, said the panel after a painstaking investigation found that Mrs. Mohammed was truly a staff of the defunct Power Holding Company of Nigeria (PHCN).

Akinyelure said that the staff was offered an exclusive secondment to the NDPHC to head the Audit Department as General Manager with effect from 1st July, 2011 and remained a civil servant and not a political appointee.

He said: “Prior to her disengagement, there was no meeting presided over by the Chairman of the Board of NDPHC, Vice-President Yemi Osinbajo or any other member of the Board of NDPHC where the decision to disengage her was taken.

“The disengagement of Maryam Danna Mohammed along with the Executive Management team and the Executive Directors of NDPHC who were political appointees of Mr. President was out of order.”

He added that the Committee observed that due process was not followed in the disengagement of Mrs Mohammed, “in accordance with the terms and conditions of employment and disengagement of civil servants in the service of the nation and by extension, the service of NDPHC.”

He also noted that the officer was not accused of any offence, queried or suspended prior to her disengagement which was by announcement through the Nigerian Television Authority (NTA).

The Committee averred that that from the submissions of the incumbent Managing Director of the NDPHC, that non-communication of the resolution of the 8tln Senate to the management of the Company, has been the reason for non-reinstatement of the petitioner up till now.

The petitioner, Mrs. Mohammed, in her petition, stated that her disengagement was discriminatory, unfair and that it did not follow laid down procedure.

She also explained that she was offered exclusive secondment from the PHCN to the NDPHC in 2011 hence she transferred her services to the agency and was promoted as General Manager the same year.

She further explained that throughout her 24 years in service, she had never been found wanting in the discharge her duties neither was she involved in any form of misconduct.

The Managing Director/Chief Executive Officer of the NDPHC, Mr. Chinedu Ugbo in his submission to the Committee noted that Mrs. Mohammed was a staff PHCN but was offered an exclusive secondment to the NDPHC to head the audit department as General Manager effective from 1st July, 2011.

Ugbo said: “She was the general manager audit and compliance until her disengagement by the Federal Government.

“Her disengagement from the service of NDPHC was on the approval of the President Federal Republic of Nigeria Muhammadu Buhari.”

Mrs. Maryam Danna Mohammed, a chartered accountant had exposed anomalies in the credential of some top-management staffs of the agency who were later sacked. She was sacked after one of the management staff with questionable credential became a Permanent Secretary with a strong connection to the Aso Villa.

One billion barrels of crude oil discovered, says Sylva

Sylva not imposing any candidate, says APC chieftain

Minister of State for Petroleum Resources, Chief Timipre Slyva, said on Wednesay that about one billion Barrels of Crude oil have been discovered in the Northeast.

Sylva spoke at a news conference to end the 2020 Nigeria International Petroleum Summit (NIPS), in Abuja.

“The figure we are getting, the jury is not totally out yet, but from the evaluation results we are getting, the reserve that has been discovered in the northeast is about a billion barrels.

“Those are the kind of figures we are seeing and we are beginning to understand the geological structure of the region,” he said.

According to him, a lot of oil is yet to be found in the country.

He added that there was need for more exploration in the country as more oil would be discovered.

Commenting on passing of the Petroleum Industry Bill (PIB) by June, he said he was confident that it would be passed based on cordial relationship between the legislature and the executive.

“We are banking on the fact today, to make that promise on the fact that there is a very cordial relationship now between the legislature and executive.

”Today, Nigerians all agree that there is a need for us to pass the PIB.

”For so long we have been quivering about the PIB, for more than 20 years. And for so long, we have not been able to attract a lot of investment into the oil sector.

”Let me give you an example. By 2002, our oil reserves stood at around 22 billion barrels. We were able to grow that reserve from 22 billion barrels to 37 billion barrels by 2007.

”From 2007 to now, we have only been able to grow our reserves from 37 billion barrels to 37.5 billion barrels, in more than 10 years. Why? Not much investment is coming into Nigeria,” he added.

He noted that investors could not invest in Nigeria if the fiscal framework was shaking or uncertain.

“If nobody knows when laws will be passed, nobody will want to invest new capital in Nigeria. And that is why you see that we have almost been stagnant in the Nigerian oil industry.

So, we believe today that there is a consensus among all of us – industry, Nigerians and government – that there is a need to stabilise the fiscal framework so that investors will be certain and move their money to Nigeria.

”There are very great opportunities in Nigeria, and I believe if we can only stabilise the fiscal framework and bring peace to Nigeria, investments will flow into Nigeria.

“That is really what gives me the confidence to say that there is a consensus now among all patriotic Nigerians that in six months the PIB will be passed,” he added.

On revamping of the refinery, he said that rehabilitation of Port Harcourt refinery would start in the first quarter of 2020.

We are going to start the rehabilitation of the port Harcourt refinery which is the biggest refinery in Nigeria, if we are able to finish the port Harcourt refinery we would have achieved a lot as a government. “

“Meanwhile we are also continuing with studies around Warri refinery, we are also continuing discussions around Kaduna refineries,” he said.

Mele Kyari Harps on Energy Security in Africa

Mele Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on African countries, particular leaders and oil and gas players in the continent, to focus on providing structures that would ensure energy security for their citizens.

He, made the call in Abuja, while presenting his keynote address to set the tone for a panel discussion at the third edition of the Nigerian International Petroleum Summit (NIPS) that ended wednesday.

Kyari, who spoke on the topic: “Oil and Gas: Future Scenarios and Implications for Security, Environment and Economic Growth,” noted that the corporation has a framework in place towards ensuring energy security in Nigeria.

“African countries must focus on building structures that ensures energy security for the citizens. NNPC is committed to that and has a framework to make sure that the needed energy is available for the needs of the country,” he stated.

The GMD, who acknowledged the global clamour for energy transition from fossil fuels to renewable sources, however noted that hydrocarbons would continue to form the larger part of the energy mix in the foreseeable future.

“Several researches continue to confirm that by 2040, renewables will be contributing about 20 percent of the global energy mix. This implies that fossil fuels will still contribute at least 70 percent,” he argued.

He, therefore, urged African countries, who are still mostly underdeveloped, to continue to utilise the hydrocarbon resources available to them to develop energy sources for their populace.

According to him, “the focus must be in making sure that the energy is clean. We have to use what we have. Today, oil is being found in unexpected places.

“This contributes to the growth of middle class consumers. And so demand of fuel will continue with increase with population and prosperity. Global demands will remain over 100 million barrels per day.”

Kyari, added that African countries should focus not solely on the clamour for renewables but largely on the need to deliver energy for the development of their people.