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

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…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.

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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.

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Lagos University Teaching Hospital (LUTH) Marks 62nd Anniversary with Special presentation on Brain Drain

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Lagos University Teaching Hospital (LUTH) Marks 62nd Anniversary with Special presentation on Brain Drain

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos University Teaching Hospital, LUTH, Wednesday marked its 62nd anniversary at a forum where administrators proffered suggestions on how to stem the tide of brain drain in the medical sector.

The Chief Medical Director, Prof Wasiu Adeyemo said the dedication and commitment of the hospital’s staff enabled LUTH to survive the pangs of brain drain.

“Whatever successes we celebrate today would not have been possible without the hard work and resilience of the hospital staff,” he stated.

Keynote speaker, Prof. Chris Bode highlighted the growing phenomenon of brain drain, locally known as the “Japa syndrome”, which refers to fleeing from hardship with no intention of returning.

This trend is increasingly visible among Nigerian healthcare professionals, many of whom are seeking better opportunities abroad.

Professor Bode noted that migration is a global phenomenon affecting all species, but in Nigeria’s case, it has serious consequences for the healthcare sector.

“We are losing doctors and nurses after investing significant resources in training them,” he said, and warned that the country faces a critical shortage, with one doctor for every 4,000 Nigerians—far below the World Health Organization’s recommended ratio of one doctor per 600 people.

Citing recent data, Prof. Bode stressed that Nigeria needs at least 240,000 doctors to meet healthcare demands, but current production rates suggest that the country will still be short in 100 years without drastic changes.

He lamented the paradox of unemployed doctors despite nationwide shortages, attributing the problem to the concentration of medical professionals in urban centers as Lagos and Abuja.

The former chief medical director fingered poor remuneration as the leading cause of migration, with 91% of healthcare workers citing dismal pay as their reason for leaving.

“How can someone spend nearly 30 years in training only to earn a pittance?” Prof. Bode asked, warning that if the trend continues, more staff may leave to worsen Nigeria’s healthcare crisis.

He also blamed poor working conditions, insecurity, and a lack of career prospect as additional push factors.

Prof Bode also touched on cultural challenges faced by Nigerian professionals abroad, including racism and loneliness. “Some people thrive overseas, but others struggle with isolation,” he said, stressing the importance of self-awareness by individuals considering migration.

While acknowledging the benefits of migration—such as remittances, advanced training, and better living conditions—Professor Bode questioned the long-term impact.

He concluded by urging the government to improve salaries, working conditions, and rural infrastructure to encourage healthcare workers to stay. “If we want different results, we must do things differently,” he emphasized.

Sundry speakers agreed on the need for collective action to address the brain drain crisis and reposition Nigeria’s healthcare sector for sustainable growth.

The highlight of the event was the recognition of the best clinical department and non-clinical department in the past year.

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PRESIDENT TINUBU CELEBRATES OLORI ONIKEPO OLUFUNMIKE AKANDE ON HER 80TH BIRTHDAY

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PRESIDENT TINUBU CELEBRATES OLORI ONIKEPO OLUFUNMIKE AKANDE ON HER 80TH BIRTHDAY

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

President Bola Tinubu congratulates Olori Onikepo Olufunmike Akande, OON, CON, as she joyfully marks her 80th birthday on 29 October.

A true pioneer, Onikepo  Akande holds the honour of being Nigeria’s first female Minister of Industry and the second female President of the Lagos Chamber of Commerce & Industry.

In celebrating her, President Tinubu highlights Olori Akande’s trailblazing record and her contributions to Nigeria’s public and private sectors.

Affectionately known as Nike, she is revered not only as an exceptional leader but also as the Iyalaje Iyalode of Ibadanland, a devoted wife to Oba Adebayo Akande, the Ekaarun Olubadan of Ibadanland, a proud mother, and beloved grandmother.

In the early 1990s, she served as a director of the National Insurance Corporation of Nigeria (NICON) and the Nigeria Industrial Development Bank (NIDB), now known as the Bank of Industry. She was also a member of the Board of Trustees of the National Centre for Women Development in Abuja from 1992 to 1994.

President Tinubu commends her exceptional service as a boardroom player, public administrator, community leader, philanthropist, and business executive.

President Tinubu also praises Nike Akande for her tenure as Minister of Industry, acknowledging her dedication and commitment to driving progress in the nation.

Her remarkable career, bolstered by her Harvard education and expertise in investment, has earned her numerous national and international accolades, particularly in empowering women in commerce and entrepreneurship.

The President expresses deep gratitude to Nike Akande for her unwavering commitment to mentoring and uplifting others, asserting she is a role model to countless women across Nigeria.

He honours the Iyalaje Iyalode of Ibadanland as a symbol of beauty, diligence, courage, affection, and kindness. President Tinubu also notes her exemplary role as a supportive wife to a respected traditional ruler and as a mother whose children have achieved great success.

The President prays to God Almighty to bless Nike Akande with continued health and longevity, allowing her to share her inspiring life story and encourage others to embrace optimism and resilience.

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