Connect with us

Uncategorized

I will appoint less than as minster

Published

on

By Lukman Amusa

Former Vice President and Presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has assured youths in the country that his Minister of Youths will be less than 30 years of age, if he is elected president of Nigeria. #Debate2019: Atiku ready to battle Buhari at presidential debate Atiku Abubakar Atiku, Monday, gave the pledge during a Town Hall meeting with over 1000 youths made up of young professionals from the private and public sectors, students, artisans and the disabled, among others in Lagos. Atiku who said that 40% of his government, if elected, will be made up of youths also said that low tax rates and incentives will be given to the private sector to provide jobs like it is done in developed countries. youths welcome, interact with Atiku According to him, “I pledge that 40% of my government will be youths. My minister for youth will be less than 30 years of age, if you are in that category, it could be you! “Lower tax rates and other incentives will be given to the private sector to provide jobs as it is done in civilised world. On getting the country’s economy working again, the Wazirin Adamawa said that he would bring in his team of experienced Nigerians who know how to fix the economy to salvage the status quo. According to him, “Professor of law is not an economist, I have chosen someone with the knowledge of economy to get things back in shape.” youths welcome, interact with Atiku Atiku also assured the youths and Nigerians that his government will not have cabals like the current Buhari-led All Progressives Congress, APC, party does, as recently revealed by Buhari’s wife, Aisha. According to him, “There will be no cabal in my government, that is never the hallmark of the PDP.” “We’ll create prosperity amongst the people, this will send malnutrition and diseases packing amongst children. I have many children but only one of them is working with the government, all others are working in my various companies. I believe in creating jobs, my government will create jobs for the youth. youths welcome, interact with Atiku “My government will invest seriously in education to come up with citizens who will be useful to themselves and d country as a whole.” The event which was part of PDP’s campaign programme lined up ahead the 2019 general election, witnessed a large turnout the youths who came in large numbers to declare their solidarity with the PDP Candidate. Atiku whose entry into the venue sparked wild celebration, took time to dissect the questions thrown at him by the attendees, outlining his plans to tackle the issues raised and return the country to the path of growth. Also speaking at the event, the former governor of Anambra state and the running mate to Atiku Abubakar, Peter Obi said the Atiku/Obi government, if elected, will invest greatly in the education of the people because, according to him, the nation’s greatness depends solely on the education of it’s citizens. He said Atiku presidency will creat millions of jobs to the unemployed youths of the country. According to him, “the greatness of any nation is the function of how educated her citizens are.  Atiku’s government will invest in Education.  The Atiku Presidency will provide jobs and improve the economy a Great deal.” Other speakers at the event included the Party’s National chairman, Prince Uche Secondus who lambasted the Buhari administration for failing the youths; the immidiate past National youth leader and director of Finance of the campaign, Abdullahi Maibasira who had provided an overview of the day’s event, had also highlighting the  shining qualities that set Atiku apart. On his part, the PDP National youth leader and Director of Youth Mobilization of the campaign, Hon. Udeh Okoye who is also the chief host of the event, insisted that any attempt to rig the 2019 elections will be resisted by the youths of Nigeria. According to Secondus, “A vote for Atiku is a vote for your freedom. Atiku will work hand in hand with the youths to develop Nigeria, that is Atiku’s social contract with Youths.” The event was also attended by top party chieftains including the PDP Gubernatorial candidate for Lagos, Jimi Agbaje,  and former governors of Cross River and Ogun states, Sen Liyel  Imoke and Chief Gbenga Daniel,  amongst many others. The program was anchored by Dcn Oche Joseph Otorkpa, a member of the presidential campaign council and ace comedian Tolu.   Related Nigeria under Buhari is now the world HQ for extreme poverty – Atiku October 17, 2018 2019: Atiku pledges 40% affirmative action for youths March 25, 2018 70 percent of my appointments will go to youths, women if elected president.

 

Uncategorized

Published

on

Continue Reading

Uncategorized

Boost for Nigeria’s Oil Production, As NNPC’s Utapate Crude Grade Hits Global Oil Market

Published

on

…OML 13 Asset Eyes 80,000 bpd by End of 2025

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

In a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend, before the international crude oil market.

Managing Director, NNPC E & P Limited (NEPL), Mr. Nicholas Foucart speaks at the official unveiling of the Utapate crude oil blend during the Utapate Crude Roadshow held on the sidelines of the 2024 Argus European Crude Conference in London, United Kingdom, on Wednesday.

It would be recalled that in July, 2024, NNPC Ltd and its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd introduced the Utapate crude oil blend, following the lifting of first cargo of 950,000 barrels which headed for Spain. During a ceremony held at the Argus European Crude Conference taking place in London, United Kingdom, on Wednesday, the Managing Director, NNPC E & P Limited (NEPL), Mr. Nicholas Foucart described the introduction of the Utapate crude oil blend into the market as a significant milestone for Nigeria’s crude oil export to the global energy market. “Since we started producing the Utapate Field in May 2024, we have rapidly ramped up production to 40,000 barrels per day (bpd) with minimum downtime. So far, we have exported five cargoes, largely to Spain and the East Coast of the United States; while two more additional cargoes have been secured for November and December 2024, representing a significant boost to Nigeria’s crude oil export to the global market,” Foucart told a packed audience of European crude oil marketers. He added that since its introduction into the global market, the Utapate crude oil blend has enjoyed a positive response from the international crude oil market, due to its highly attractive qualities. Foucart said the Oil Mining Lease (OML) 13, fully operated by NEPL and Natural Oilfield Services Ltd (NOSL), a subsidiary of SEEPCO Ltd, boasts a huge reserves of 330million barrels of crude oil reserves, 45 million barrels of condensate and 3.5 tcf of gas.

“We have a number of ongoing projects to increase our production from the current 40,000bopd to 50,000bopd by January 2025 and 60,000bopd to 65,000bopd by June 2025. Essentially, we are targeting opportunities to increase production to 80,000bopd by the end of 2025,” Foucart added.

He said the Utapate crude oil terminal is sustainable, affordable and fully compliant with the rigorous environmental regulations and sustainability principles especially those aimed at reducing carbon emissions and other ecological effects. Also speaking, the Managing Director of NNPC Trading Ltd (NTL), Mr. Lawal Sade said the pricing structure of the Utapate crude oil blend is similar to that of Amenam crude as it is a light sweet crude which is highly sought after by refiners across the world due to its low sulphur content, efficient yield of high-value products, API gravity and other similarities. He said in bringing the new crude oil blend to the global market, NNPC Ltd wanted to optimise value for both its producers and counterparties across the globe.

He added to ensure predictability and sustainability of supply, the NNPC Trading intends to run a term contract on the Utapate crude oil blend cargoes, principally targeting off-takers from the European and the US East Coast refineries. Produced from the Utapate field in OML 13 in Akwa Ibom State in Nigeria, the Utapate crude oil blend is similar to the Nembe crude oil grade. It has a low sulphur content of 0.0655% and low carbon footprint due to flare gas elimination, fitting perfectly into the required specification of major buyers in Europe.

The NNPC E&P Ltd and NOSL partnership is also committed to operating in a manner that is safe, environmentally responsible, and beneficial to the local communities.

The Utapate field development plan, executed between 2013-2019 and approved in October, included converting wells and facilities from swamp/marine to land-based operations.

The plan involved a multi-rig drilling campaign for 40 wells and the development of significant infrastructure such as production facilities, storage tank, a subsea pipeline and an offshore loading platform to facilitate crude oil evacuation and loading.

The entry of the Utapate crude oil blend into the market is coming barely a year after the NNPC Ltd announced the launch of Nembe crude oil, produced by the NNPC/Aiteo operated Oil Mining Lease (OML) 29 Joint Venture (JV). This remarkable achievement signals the commitment of the NNPC Ltd to increasing Nigeria’s crude oil production and growing its reserves through the development of new assets.

Continue Reading

Uncategorized

Published

on

NNPC Ltd Launches Free Cancer Screening Campaign, Targets 3,000 Nigerians The Nigerian National Petroleum Company Ltd (NNPC Ltd) through NNPC Foundation, its Corporate Social Responsibility (CSR) arm, is set to launch a free cancer screening campaign to address Nigeria’s rising cancer cases. The campaign tagged “Cancer Awareness and ZSX Screening” will provide, not just free cancer screening to indigent Nigerians, but also health education, workshops, and consultations with healthcare professionals aimed at empowering individuals to recognize early symptoms, adopt preventive health measures, and better understand the importance of regular screenings. The campaign which will be organised in collaboration with local health authorities and expert healthcare providers is targeted at reaching about 3,000 individuals across the six geo-political zones with screening centres in Kaduna, Rivers, Ondo, Benue, Imo, and Gombe. The initiative will focus on breast, cervical, and prostate cancer, offering critical early detection support for at-risk populations. Shedding more light on the objectives of the campaign, the Managing Director of NNPC Foundation, Mrs. Emmanuella Arukwe, said: “The fight against cancer requires a collective effort and a commitment to ensuring accessible healthcare. This campaign is about more than just screening; it’s about saving lives, building awareness, and creating pathways to preventive care for Nigerians who need it most. “In a country of over 200 million people, too many still lack access to the early detection tools that could make a life-saving difference. NNPC Foundation is dedicated to addressing this critical gap by bringing cancer screenings directly to communities. Early detection is crucial to improving survival rates, and this campaign is a vital step towards that goal.” Cancer remains one of the most formidable health challenges in Nigeria, with over 79,000 cancer-related deaths annually, according to the World Health Organization (WHO). The most common cancers affecting Nigerian men include prostate and liver cancer, while women are predominantly impacted by breast and cervical cancers. The campaign seeks to counter the trend of late-stage diagnoses, which occur frequently due to limited access to screening facilities, cultural stigmas, and insufficient awareness. This initiative follows the success of a screening drive in February 2024, where over 200 Abuja residents received free breast, cervical, and prostate cancer screenings. These free cancer screening campaigns reflect NNPC Ltd.’s broader mission to promote health equity and enhance the well-being of Nigerians across the country through its Foundation.

Continue Reading

Trending

Copyright © 2021 All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from August24news.com
This Website is designed and Managed by: August 24 Communications Nigerian Limited (RC: 798585)