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  •   Seven young Nigerian engineering graduates have explained how they invented the first liquefied natural gas LNG stove which is expected to open in December The inventors spoke Thursday in Lagos when Information and Culture Minister Alhaji Lai Mohammed paid a working visit to the Nigerian office of the Unicorn Group a pan African organization seeking innovative ideas The Nigerian News Agency reports that the seven young graduates have moored Nigeria s first LNG stove under the supervision of the Unicorn Group The young inventors are Taiwo Yussuf Bukunola Bolajoko Martins Omobude Anjola Badaru Toheeb Aleshinloye Elijah Olasehinde and Edidiong Udoh Speaking after a presentation of the stove to the minister and other guests Bolajoko the only woman among the seven inventors said they took up the initial challenge of how Nigeria could best use its abundant natural gas deposit According to her LNG in advanced countries is used for the generation and industrialization of electricity while it is burned or exported for processing in Africa Bolajoko said they were concerned about the inefficient method by which LNG which Nigeria has in abundance is burned or shipped abroad She said that of the exported LNG liquefied petroleum gas LPG which is used at home for cooking is exported and shipped back for sale in Nigeria at a higher cost The engineer said they were given the challenge of coming up with an innovative design where LNG could be used directly for cooking She said that after the meeting with Unicorn it took them around five months to come up with a suitable design for the country Omobude one of the inventors who explained how the stove works said they came up with a simple design that is portable and easy to use He said that the stove is made up of the storage system where the LNG is stored the regasification unit that converts the LNG into natural gas and the burner According to him the stove has a special burner with a system that maximizes the heat generated He explained that with the stove system a container of one liter of LNG would be equivalent to 600 liters of LPG Speaking about the advantages of the LNG stove over the currently available LPG in the country Omobude said that it would be readily available at lower cost and stable price According to him the stove generated by gas is less risky because it is lighter than air and in case of a leak it will dispense freely The young innovator said that the stove system has a lower carbon footprint with better combustion due to its purity level Dr Akintoye Akindele President of Unicorn said they brought together young people to come up with the innovation due to the need to fix Nigeria s gas asset and prevent flaring The stove was designed at our hatchery campus here in Lagos We brought together talented young engineers from all over Nigeria and they worked together for about five months on designing this We gave them lodging they receive allowances and they designed this which is the first of its kind in the country We will introduce the prototype then patent it make it available throughout Nigeria and export it first to African countries and the world at large This is a product that all Nigerians should be proud of and the names of the inventors will be inscribed inside the gas burners for life he said Akindele who revealed that 85 per cent of production content was locally sourced said it would be 100 per cent local content within a few years He also assured Nigerians that the stove would be launched and available on the market before the end of the year The minister for his part praised the young innovators and assured them and their sponsors of the government s support He also praised Unicorn for encouraging young Nigerians to become the best innovators in the world and helping them make their dreams come true
    How we invented first LNG stove – Young Nigerian engineers
      Seven young Nigerian engineering graduates have explained how they invented the first liquefied natural gas LNG stove which is expected to open in December The inventors spoke Thursday in Lagos when Information and Culture Minister Alhaji Lai Mohammed paid a working visit to the Nigerian office of the Unicorn Group a pan African organization seeking innovative ideas The Nigerian News Agency reports that the seven young graduates have moored Nigeria s first LNG stove under the supervision of the Unicorn Group The young inventors are Taiwo Yussuf Bukunola Bolajoko Martins Omobude Anjola Badaru Toheeb Aleshinloye Elijah Olasehinde and Edidiong Udoh Speaking after a presentation of the stove to the minister and other guests Bolajoko the only woman among the seven inventors said they took up the initial challenge of how Nigeria could best use its abundant natural gas deposit According to her LNG in advanced countries is used for the generation and industrialization of electricity while it is burned or exported for processing in Africa Bolajoko said they were concerned about the inefficient method by which LNG which Nigeria has in abundance is burned or shipped abroad She said that of the exported LNG liquefied petroleum gas LPG which is used at home for cooking is exported and shipped back for sale in Nigeria at a higher cost The engineer said they were given the challenge of coming up with an innovative design where LNG could be used directly for cooking She said that after the meeting with Unicorn it took them around five months to come up with a suitable design for the country Omobude one of the inventors who explained how the stove works said they came up with a simple design that is portable and easy to use He said that the stove is made up of the storage system where the LNG is stored the regasification unit that converts the LNG into natural gas and the burner According to him the stove has a special burner with a system that maximizes the heat generated He explained that with the stove system a container of one liter of LNG would be equivalent to 600 liters of LPG Speaking about the advantages of the LNG stove over the currently available LPG in the country Omobude said that it would be readily available at lower cost and stable price According to him the stove generated by gas is less risky because it is lighter than air and in case of a leak it will dispense freely The young innovator said that the stove system has a lower carbon footprint with better combustion due to its purity level Dr Akintoye Akindele President of Unicorn said they brought together young people to come up with the innovation due to the need to fix Nigeria s gas asset and prevent flaring The stove was designed at our hatchery campus here in Lagos We brought together talented young engineers from all over Nigeria and they worked together for about five months on designing this We gave them lodging they receive allowances and they designed this which is the first of its kind in the country We will introduce the prototype then patent it make it available throughout Nigeria and export it first to African countries and the world at large This is a product that all Nigerians should be proud of and the names of the inventors will be inscribed inside the gas burners for life he said Akindele who revealed that 85 per cent of production content was locally sourced said it would be 100 per cent local content within a few years He also assured Nigerians that the stove would be launched and available on the market before the end of the year The minister for his part praised the young innovators and assured them and their sponsors of the government s support He also praised Unicorn for encouraging young Nigerians to become the best innovators in the world and helping them make their dreams come true
    How we invented first LNG stove – Young Nigerian engineers
    General news11 months ago

    How we invented first LNG stove – Young Nigerian engineers

    Seven young Nigerian engineering graduates have explained how they invented the first liquefied natural gas (LNG) stove which is expected to open in December.

    The inventors spoke Thursday in Lagos when Information and Culture Minister Alhaji Lai Mohammed paid a working visit to the Nigerian office of the Unicorn Group, a pan-African organization seeking innovative ideas.

    The Nigerian News Agency reports that the seven young graduates have moored Nigeria's first LNG stove under the supervision of the Unicorn Group.

    The young inventors are Taiwo Yussuf, Bukunola Bolajoko, Martins Omobude, Anjola Badaru, Toheeb Aleshinloye, Elijah Olasehinde, and Edidiong Udoh.

    Speaking after a presentation of the stove to the minister and other guests, Bolajoko, the only woman among the seven inventors, said they took up the initial challenge of how Nigeria could best use its abundant natural gas deposit.

    According to her, LNG in advanced countries is used for the generation and industrialization of electricity while it is burned or exported for processing in Africa.

    Bolajoko said they were concerned about the inefficient method by which LNG, which Nigeria has in abundance, is burned or shipped abroad.

    She said that of the exported LNG, liquefied petroleum gas (LPG), which is used at home for cooking, is exported and shipped back for sale in Nigeria at a higher cost.

    The engineer said they were given the challenge of coming up with an innovative design where LNG could be used directly for cooking.

    She said that after the meeting with Unicorn, it took them around five months to come up with a suitable design for the country.

    Omobude, one of the inventors who explained how the stove works, said they came up with a simple design that is portable and easy to use.

    He said that the stove is made up of the storage system where the LNG is stored, the regasification unit that converts the LNG into natural gas, and the burner. According to him, the stove has a special burner with a system that maximizes the heat generated.

    He explained that with the stove system, a container of one liter of LNG would be equivalent to 600 liters of LPG.

    Speaking about the advantages of the LNG stove over the currently available LPG in the country, Omobude said that it would be readily available at lower cost and stable price.

    According to him, the stove generated by gas is less risky because it is lighter than air and in case of a leak it will dispense freely.

    The young innovator said that the stove system has a lower carbon footprint with better combustion due to its purity level.

    Dr. Akintoye Akindele, President of Unicorn, said they brought together young people to come up with the innovation due to the need to fix Nigeria's gas asset and prevent flaring.

    “The stove was designed at our hatchery campus here in Lagos.

    “We brought together talented young engineers from all over Nigeria and they worked together for about five months on designing this.

    “We gave them lodging, they receive allowances and they designed this, which is the first of its kind in the country.

    “We will introduce the prototype, then patent it, make it available throughout Nigeria, and export it first to African countries and the world at large.

    "This is a product that all Nigerians should be proud of and the names of the inventors will be inscribed inside the gas burners for life," he said.

    Akindele, who revealed that 85 per cent of production content was locally sourced, said it would be 100 per cent local content within a few years.

    He also assured Nigerians that the stove would be launched and available on the market before the end of the year.

    The minister, for his part, praised the young innovators and assured them and their sponsors of the government's support.

    He also praised Unicorn for encouraging young Nigerians to become the best innovators in the world and helping them make their dreams come true.

  •   The Federal Government says that it will inject 10 000 000 cylinders of Liquefied Petroleum Gas in circulation throughout the country to increase access to raw material Musa Ibrahim Managing Director of Nigeria LPG made this known during a two day awareness workshop in Bauchi on Tuesday He said that the cylinders would be distributed nationally through registered dealers saying that we would establish micro centers for the sale and distribution of the cylinders The price of safe cylinders is affordable since LPG is capable of improving the economic activities of end users he said Dayo Adeshina Senior Special Assistant to the Vice President for LPG urged the people of the state to adopt the use of LPG in their homes He explained that the federal government is considering the possibility of increasing access to the raw material by reducing the high cost of LPG to expand affordability He said that the use of gas for cooking would reduce the cases of deforestation desertification and soil erosion that seriously contribute to environmental dangers In his statements Governor Bala Mohammed represented by his deputy Baba Tela assured that his government will support the program so that it is successful He called on the national LPG office to develop a means or device through which gas for car combustion will be introduced to reduce carbon emissions He explained that many Nigerians are unaware of the potential of LPG and stressed that citizens should be properly aware of the product s potential Earlier in his remarks state natural resources commissioner Nuruddeen Abdulhameed said the government would fully support the implementation of the project He said the state government would provide ample land and the political will to ensure the successful launch of the program The two day awareness workshop was called Engaging Bauchi State in Sustainable Socio Economic Growth through LPG Adoption and Expansion YAYA
    Nigerian govt to begin nationwide distribution of 10million gas cylinders
      The Federal Government says that it will inject 10 000 000 cylinders of Liquefied Petroleum Gas in circulation throughout the country to increase access to raw material Musa Ibrahim Managing Director of Nigeria LPG made this known during a two day awareness workshop in Bauchi on Tuesday He said that the cylinders would be distributed nationally through registered dealers saying that we would establish micro centers for the sale and distribution of the cylinders The price of safe cylinders is affordable since LPG is capable of improving the economic activities of end users he said Dayo Adeshina Senior Special Assistant to the Vice President for LPG urged the people of the state to adopt the use of LPG in their homes He explained that the federal government is considering the possibility of increasing access to the raw material by reducing the high cost of LPG to expand affordability He said that the use of gas for cooking would reduce the cases of deforestation desertification and soil erosion that seriously contribute to environmental dangers In his statements Governor Bala Mohammed represented by his deputy Baba Tela assured that his government will support the program so that it is successful He called on the national LPG office to develop a means or device through which gas for car combustion will be introduced to reduce carbon emissions He explained that many Nigerians are unaware of the potential of LPG and stressed that citizens should be properly aware of the product s potential Earlier in his remarks state natural resources commissioner Nuruddeen Abdulhameed said the government would fully support the implementation of the project He said the state government would provide ample land and the political will to ensure the successful launch of the program The two day awareness workshop was called Engaging Bauchi State in Sustainable Socio Economic Growth through LPG Adoption and Expansion YAYA
    Nigerian govt to begin nationwide distribution of 10million gas cylinders
    Headlines1 year ago

    Nigerian govt to begin nationwide distribution of 10million gas cylinders

    The Federal Government says that it will inject 10,000,000 cylinders of Liquefied Petroleum Gas in circulation throughout the country to increase access to raw material.

    Musa Ibrahim, Managing Director of Nigeria LPG, made this known during a two-day awareness workshop in Bauchi on Tuesday.

    He said that the cylinders would be distributed nationally through registered dealers, saying that we would establish micro centers for the sale and distribution of the cylinders.

    "The price of safe cylinders is affordable since LPG is capable of improving the economic activities of end users," he said.

    Dayo Adeshina, Senior Special Assistant to the Vice President for LPG, urged the people of the state to adopt the use of LPG in their homes.

    He explained that the federal government is considering the possibility of increasing access to the raw material by reducing the high cost of LPG to expand affordability.

    He said that the use of gas for cooking would reduce the cases of deforestation, desertification and soil erosion that seriously contribute to environmental dangers.

    In his statements, Governor Bala Mohammed, represented by his deputy, Baba Tela, assured that his government will support the program so that it is successful.

    He called on the national LPG office to develop a means or device through which gas for car combustion will be introduced to reduce carbon emissions.

    He explained that many Nigerians are unaware of the potential of LPG and stressed that citizens should be properly aware of the product's potential.

    Earlier in his remarks, state natural resources commissioner Nuruddeen Abdulhameed said the government would fully support the implementation of the project.

    He said the state government would provide ample land and the political will to ensure the successful launch of the program.

    The two-day awareness workshop was called “Engaging Bauchi State in Sustainable Socio-Economic Growth through LPG Adoption and Expansion.

    YAYA

  •  The federal government has praised Nigeria Liquefied Natural Gas NLNG Limited for suspending the export of cooking gas while approving 100 percent of the product s domestic supply The Nigerian News Agency reports that on January 14 NLNG said the move is designed to increase the availability of LPG in Nigeria diversify its use and support the federal government s Decade of Gas initiative The Minister of State for the Environment Chief Sharon Ikeazor delivered the eulogy in a statement issued by the Saghir el Mohammed Press Director Ikeazor said such a bold move was a welcome development and a step in the right direction that will not only reduce the price of the raw material but also bring relief to our forests and ecosystems The minister recalled that shortly after the increase in cooking gas prices in the country millions of Nigerians could no longer afford the product and consequently turned to firewood and charcoal as alternatives While lamenting that clearing forests for firewood and charcoal has been one of the main causes of deforestation and other climate change challenges the Minister lamented that smoke from wood and charcoal contributes to air pollution and other pollutants that produce greenhouse gases NLNG is to be commended for its sensitivity and responsiveness to the plight of Nigerians For us in the environmental sector this unique decision will not only help restore our forests and address some of our climate challenges it will also facilitate the achievement of our Nationally Determined Contribution NDC and other aspects of the Paris Agreement We in the environmental sector strongly support and believe that available and affordable being the cleanest of fossil fuels Nigeria is now determined to drastically reduce its carbon emissions thus it will play a leading role during the current period of energy transition it also reports that NLNG is currently the largest single supplier of LPG in the domestic market with an estimated supply of 400 000 metric tons in 2021 The milestone comes just three months after the company supplied its first shipment of propane to the domestic market and has developed a scheme to sustainably supply propane for use in gas blending for cooking as well as in the agri food autogas energy and petrochemicals in the country Nigerian economy to further deepen the utilization of gas in Nigeria Source NAN
    FG lauds NLNG Ltd for suspending exportation of cooking gas.
     The federal government has praised Nigeria Liquefied Natural Gas NLNG Limited for suspending the export of cooking gas while approving 100 percent of the product s domestic supply The Nigerian News Agency reports that on January 14 NLNG said the move is designed to increase the availability of LPG in Nigeria diversify its use and support the federal government s Decade of Gas initiative The Minister of State for the Environment Chief Sharon Ikeazor delivered the eulogy in a statement issued by the Saghir el Mohammed Press Director Ikeazor said such a bold move was a welcome development and a step in the right direction that will not only reduce the price of the raw material but also bring relief to our forests and ecosystems The minister recalled that shortly after the increase in cooking gas prices in the country millions of Nigerians could no longer afford the product and consequently turned to firewood and charcoal as alternatives While lamenting that clearing forests for firewood and charcoal has been one of the main causes of deforestation and other climate change challenges the Minister lamented that smoke from wood and charcoal contributes to air pollution and other pollutants that produce greenhouse gases NLNG is to be commended for its sensitivity and responsiveness to the plight of Nigerians For us in the environmental sector this unique decision will not only help restore our forests and address some of our climate challenges it will also facilitate the achievement of our Nationally Determined Contribution NDC and other aspects of the Paris Agreement We in the environmental sector strongly support and believe that available and affordable being the cleanest of fossil fuels Nigeria is now determined to drastically reduce its carbon emissions thus it will play a leading role during the current period of energy transition it also reports that NLNG is currently the largest single supplier of LPG in the domestic market with an estimated supply of 400 000 metric tons in 2021 The milestone comes just three months after the company supplied its first shipment of propane to the domestic market and has developed a scheme to sustainably supply propane for use in gas blending for cooking as well as in the agri food autogas energy and petrochemicals in the country Nigerian economy to further deepen the utilization of gas in Nigeria Source NAN
    FG lauds NLNG Ltd for suspending exportation of cooking gas.
    Environment1 year ago

    FG lauds NLNG Ltd for suspending exportation of cooking gas.

    The federal government has praised Nigeria Liquefied Natural Gas (NLNG) Limited for suspending the export of cooking gas while approving 100 percent of the product's domestic supply.

    The Nigerian News Agency reports that on January 14, NLNG said the move is designed to increase the availability of LPG in Nigeria, diversify its use and support the federal government's Decade of Gas initiative.

    The Minister of State for the Environment, Chief Sharon Ikeazor, delivered the eulogy in a statement issued by the Saghir el Mohammed Press Director.

    Ikeazor said such a bold move was a welcome development and a step in the right direction that will not only reduce the price of the raw material but also bring relief to our forests and ecosystems.

    The minister recalled that shortly after the increase in cooking gas prices in the country, millions of Nigerians could no longer afford the product and consequently turned to firewood and charcoal as alternatives.

    While lamenting that clearing forests for firewood and charcoal has been one of the main causes of deforestation and other climate change challenges, the Minister lamented that smoke from wood and charcoal contributes to air pollution and other pollutants. that produce greenhouse gases.

    “NLNG is to be commended for its sensitivity and responsiveness to the plight of Nigerians.

    “For us in the environmental sector, this unique decision will not only help restore our forests and address some of our climate challenges, it will also facilitate the achievement of our Nationally Determined Contribution (NDC) and other aspects of the Paris Agreement.

    “We in the environmental sector strongly support and believe that available and affordable, being the cleanest of fossil fuels, Nigeria is now determined to drastically reduce its carbon emissions, thus it will play a leading role during the current period of energy transition. ”.

    it also reports that NLNG is currently the largest single supplier of LPG in the domestic market, with an estimated supply of 400,000 metric tons in 2021.

    The milestone comes just three months after the company supplied its first shipment of propane to the domestic market and has developed a scheme to sustainably supply propane for use in gas blending for cooking, as well as in the agri-food, autogas, energy and petrochemicals in the country. Nigerian economy to further deepen the utilization of gas in Nigeria.

    Source: NAN

  •   The weekly activities of the Nigerian National Petroleum Company NNPC began as staff were urged to prepare for higher levels of efficiency in 2022 as it now operates under the Companies and Allied Affairs Act CAMA Addressing the workforce at the first corporate town hall meeting for 2022 NNPC GMD CEO Malam Mele Kyari outlined the changes ahead Kyari assured that no member of the NNPC workforce would lose their job as a result of the impending reforms to be introduced under the PIA transition but that they must be productive accountable and transparent in their work He called for maximum dedication in the performance of their duties in order to improve profitability noting that under the PIA the company would operate as a contractor to the nation at large The NNPC CEO also said that Nigerians were expecting nothing more than higher profit levels Kyari explained that all asset transfers and structural changes associated with the transition process will be completed before the end of the year Speaking on behalf of NNPC staff Group Executive Director Corporate Services Ms Aisha Katagum pledged the commitment of the entire workforce to accomplish the tasks set out as spelled out by CEO Meanwhile NNPC Limited executed various Memorandums of Understanding MoUs and agreements with some joint venture partners strategic allies and stakeholders in 2021 These agreements were aimed at strengthening the corporation s profitability throughout its operational value chain They were also designed in line with the national objectives of the oil and gas industry on the repositioning of gas for rapid expansion of the national regional and export markets The first execution of these agreements began with the signing of Final Investment Decision FID partners DSV Engineering and the Nigerian Content Development and Oversight Board NCDMB for the 3 6 billion Brass Methanol Plant dollars in Odioma Brass Island Bayelsa The project upon completion would be the largest methanol plant in Africa and the first in Nigeria Anchored Project Fertilizer and Petrochemical Company Limited BFPCL is an incorporated entity owned by DSV Engineering and NCDMB Speaking at the event NNPC Limited GMD CEO Malam Mele Kyari said he was pleased with the Government s ongoing efforts to provide value to Nigeria s gas resources He described the FID as one of the most significant investment developments in the gas sector in recent times noting that the project coincided with the previous declaration of 2020 as the year of gas and 2021 2030 as the decade of state gas for Petroleum Resources NNPC GMD Malam Mele KyariThe construction phase of the project would create some 30 000 temporary jobs in addition to the 5 000 permanent jobs that would be created when the plant comes online Another major gas development deal was the signing of a 260 million deal with Assa North Ohaji South ANOH Gas Processing Company Limited AGPC for the financing of the ANOH Gas Project in February ANOH Gas Processing Company Limited AGPC is an incorporated joint venture owned 50 50 by Gas Company NGC a wholly owned subsidiary of NNPC and Seplat Petroleum Development Company The ANOH Gas Project which has been described as a game changer another milestone in the journey to deliver more gas to the domestic market for the promotion of power generation and rapid industrialization in the country Gas flaring comes to an end in NigeriaIt would deliver 300 million standard cubic feet of gas per day mscfd and 1 200 megawatts of power when completed NNPC s gas development and commercialization program received another boost with the signing of the Oil Mining Lease OML 143 Gas Development Agreement GDA Sterling Oil Exploration and Production Company SEEPCO The project would boost the country s gas production by 1 2 trillion cubic feet tcf GMD CEO NNPC Ltd Kyari said gas from the project would be processed at the 125 million standard cubic feet mmscf per day Ashtavinayak Hydrocarbon Limited AHL gas plant located in Kwale Delta State SEEPCO Group Managing Director Mr Tony Chukwueke said the OML 143 GDA was unique in two ways First it is the first Agreement in Nigeria to completely separate gas development from oil production an agreement that will enable the holistic development of gas potential in the block And it is the first of its kind to expressly include terms that encourage the contractor to be effective in managing costs generating significant revenue for the Federal Government NNPC and other stakeholders Port Harcourt RefineryAlso in May 2021 GMD CEO Kyari directed the NNPC to sign a series of agreements with Shell Nigeria Exploration and Production Company SNEPCo and other PSC partners PSC partners include Total Exploration and Production Nigeria Limited TEPNG Esso Exploration and Production Nigeria Limited EEPNL and Nigerian Agip Exploration NAE to renew Oil Mining Lease OML 118 for a further 20 years The execution of these agreements resolved the disputes surrounding the Deep Offshore Block OML 118 which led to the renovation of that acreage with the prospect of a new investment of 10 billion naira in the development of the Bonga South East Field The five signed agreements include Dispute Settlement Agreement Settlement Agreement Historic Gas Agreement Custody Agreement and Renewed PSC Agreement all of these agreements would further boost the nation s oil production It is worth noting that the OML 118 dispute lasted for more than 12 years before Kyari intervened His knife of conciliatory leadership has cut through several seemingly irreconcilable and protracted disputes in the oil industry This is yet another indicator of the fact that NNPC places a priority on ensuring and maintaining a cordial and peaceful relationship between all of its stakeholders and partners Governor Nasir El RufaiStill in 2021 the Nigerian National Petroleum Corporation s NNPC push to increase refining capacity in the country was bolstered by contracts for the rehabilitation of the 210 000 barrel per day capacity Port Harcourt refinery in Alesa Eleme Rivers and the Warri and Kaduna refineries in July and August The PHRC rehabilitation project which had a completion time of between 18 and 44 months in a three phase agreement was awarded to Milan based Tecnimont SpA for an overall contract price of 1 5 billion including VAT and other legal payments An elated NNPC GMD Kyari described the PHRC rehabilitation project as a dream come true noting that the project was in line with President Muhammadu Buhari s promise to the Nigerian people to make the refineries work In August the NNPC responding to a presidential directive stepped in and provided a solution to the perennial power supply challenge in Maiduguri Borno State The intervention saw the execution of Engineering Procurement and Construction EPC and Equipment Procurement contracts for a 50 Megawatt MW Emergency Power Project in Maiduguri The project which had become an integral part of the ongoing efforts to deepen the NNPC s domestic gas utilization plan for the nation s socio economic growth had China Machinery Engineering Company CMEC as the EPC contractor while General Electric GE became the equipment manufacturer Governor Abdullahi SuleSpeaking at the opening ceremony NNPC GMD CEO Kyari explained that the Corporation through its subsidiary NNPC Gas and Power Investment Company NGPIC decided to intervene in the Maiduguri Energy Situation Project which is would fire with liquefied natural gas Gas LNG and operate commercially The Ajaokuta Kaduna Kano AKK Natural Gas Pipeline was also conceptualized to transport natural gas from Ajaokuta in Kogi State to Kano in Kano State through various states and urban centers as part of the pipeline trans nigeria Three of the contiguous states Kaduna Kano and Nasarawa signed different agreements with the NNPC in conjunction with the Gas Aggregation Company of Nigeria GACN for the expansion and utilization of gas supply to their states At the MoU Execution Ceremony NNPC GMD CEO Malam Mele Kyari described the signing of the agreement as another turning point in the Federal Government s Gas Decade initiative which aims to utilize the abundant gas resources of the nation to feed the nation s economy Kaduna State Governor Malam Nasir El Rufai said the state government was delighted at the prospect of having an additional energy source to power the state s businesses In Nasarawa the signing of the MoU which was the climax of the well organized Nasarawa Business Round Table was witnessed by the Governor of the State Ing Abdullahi Sule GMD CEO NNPC Limited Kyari and the Executive Director of the Gas Group amp Power NNPC Ltd Mr Mohammed Abdulkabir Ahmed Other attendees at the event included Group General Manager NNPC Group Public Affairs Malam Garba Muhammad Nigerian Gas Marketing Company General Manager Eze Justin Ezeala and Axxela CEO Mr Bolaji Osunsanya Governor Abdullahi Sule called on the indigenous people of the state to take advantage of respective opportunities in the gas value chain such as gas distribution CNG stations captive integrated power generation LPG trading the commercialization of gas torches among others It should be noted that these various agreements represent an important step in NNPC s marketing campaign and more importantly in the federal government s gas expansion program With the signing of the PIA and the subsequent transformation of the NNPC into a fully commercial entity operating under the Companies and Allied Matters Act the multiplier effects of these agreements on the ongoing reforms of the NNPC and the oil industry are truly enormous Also read NNPC reviews 2021 activities as Buhari inaugurates board Visit us at for more details Keep reading Source NAN
    NNPC Weekly: Company rallies workforce for higher efficiency, profitability
      The weekly activities of the Nigerian National Petroleum Company NNPC began as staff were urged to prepare for higher levels of efficiency in 2022 as it now operates under the Companies and Allied Affairs Act CAMA Addressing the workforce at the first corporate town hall meeting for 2022 NNPC GMD CEO Malam Mele Kyari outlined the changes ahead Kyari assured that no member of the NNPC workforce would lose their job as a result of the impending reforms to be introduced under the PIA transition but that they must be productive accountable and transparent in their work He called for maximum dedication in the performance of their duties in order to improve profitability noting that under the PIA the company would operate as a contractor to the nation at large The NNPC CEO also said that Nigerians were expecting nothing more than higher profit levels Kyari explained that all asset transfers and structural changes associated with the transition process will be completed before the end of the year Speaking on behalf of NNPC staff Group Executive Director Corporate Services Ms Aisha Katagum pledged the commitment of the entire workforce to accomplish the tasks set out as spelled out by CEO Meanwhile NNPC Limited executed various Memorandums of Understanding MoUs and agreements with some joint venture partners strategic allies and stakeholders in 2021 These agreements were aimed at strengthening the corporation s profitability throughout its operational value chain They were also designed in line with the national objectives of the oil and gas industry on the repositioning of gas for rapid expansion of the national regional and export markets The first execution of these agreements began with the signing of Final Investment Decision FID partners DSV Engineering and the Nigerian Content Development and Oversight Board NCDMB for the 3 6 billion Brass Methanol Plant dollars in Odioma Brass Island Bayelsa The project upon completion would be the largest methanol plant in Africa and the first in Nigeria Anchored Project Fertilizer and Petrochemical Company Limited BFPCL is an incorporated entity owned by DSV Engineering and NCDMB Speaking at the event NNPC Limited GMD CEO Malam Mele Kyari said he was pleased with the Government s ongoing efforts to provide value to Nigeria s gas resources He described the FID as one of the most significant investment developments in the gas sector in recent times noting that the project coincided with the previous declaration of 2020 as the year of gas and 2021 2030 as the decade of state gas for Petroleum Resources NNPC GMD Malam Mele KyariThe construction phase of the project would create some 30 000 temporary jobs in addition to the 5 000 permanent jobs that would be created when the plant comes online Another major gas development deal was the signing of a 260 million deal with Assa North Ohaji South ANOH Gas Processing Company Limited AGPC for the financing of the ANOH Gas Project in February ANOH Gas Processing Company Limited AGPC is an incorporated joint venture owned 50 50 by Gas Company NGC a wholly owned subsidiary of NNPC and Seplat Petroleum Development Company The ANOH Gas Project which has been described as a game changer another milestone in the journey to deliver more gas to the domestic market for the promotion of power generation and rapid industrialization in the country Gas flaring comes to an end in NigeriaIt would deliver 300 million standard cubic feet of gas per day mscfd and 1 200 megawatts of power when completed NNPC s gas development and commercialization program received another boost with the signing of the Oil Mining Lease OML 143 Gas Development Agreement GDA Sterling Oil Exploration and Production Company SEEPCO The project would boost the country s gas production by 1 2 trillion cubic feet tcf GMD CEO NNPC Ltd Kyari said gas from the project would be processed at the 125 million standard cubic feet mmscf per day Ashtavinayak Hydrocarbon Limited AHL gas plant located in Kwale Delta State SEEPCO Group Managing Director Mr Tony Chukwueke said the OML 143 GDA was unique in two ways First it is the first Agreement in Nigeria to completely separate gas development from oil production an agreement that will enable the holistic development of gas potential in the block And it is the first of its kind to expressly include terms that encourage the contractor to be effective in managing costs generating significant revenue for the Federal Government NNPC and other stakeholders Port Harcourt RefineryAlso in May 2021 GMD CEO Kyari directed the NNPC to sign a series of agreements with Shell Nigeria Exploration and Production Company SNEPCo and other PSC partners PSC partners include Total Exploration and Production Nigeria Limited TEPNG Esso Exploration and Production Nigeria Limited EEPNL and Nigerian Agip Exploration NAE to renew Oil Mining Lease OML 118 for a further 20 years The execution of these agreements resolved the disputes surrounding the Deep Offshore Block OML 118 which led to the renovation of that acreage with the prospect of a new investment of 10 billion naira in the development of the Bonga South East Field The five signed agreements include Dispute Settlement Agreement Settlement Agreement Historic Gas Agreement Custody Agreement and Renewed PSC Agreement all of these agreements would further boost the nation s oil production It is worth noting that the OML 118 dispute lasted for more than 12 years before Kyari intervened His knife of conciliatory leadership has cut through several seemingly irreconcilable and protracted disputes in the oil industry This is yet another indicator of the fact that NNPC places a priority on ensuring and maintaining a cordial and peaceful relationship between all of its stakeholders and partners Governor Nasir El RufaiStill in 2021 the Nigerian National Petroleum Corporation s NNPC push to increase refining capacity in the country was bolstered by contracts for the rehabilitation of the 210 000 barrel per day capacity Port Harcourt refinery in Alesa Eleme Rivers and the Warri and Kaduna refineries in July and August The PHRC rehabilitation project which had a completion time of between 18 and 44 months in a three phase agreement was awarded to Milan based Tecnimont SpA for an overall contract price of 1 5 billion including VAT and other legal payments An elated NNPC GMD Kyari described the PHRC rehabilitation project as a dream come true noting that the project was in line with President Muhammadu Buhari s promise to the Nigerian people to make the refineries work In August the NNPC responding to a presidential directive stepped in and provided a solution to the perennial power supply challenge in Maiduguri Borno State The intervention saw the execution of Engineering Procurement and Construction EPC and Equipment Procurement contracts for a 50 Megawatt MW Emergency Power Project in Maiduguri The project which had become an integral part of the ongoing efforts to deepen the NNPC s domestic gas utilization plan for the nation s socio economic growth had China Machinery Engineering Company CMEC as the EPC contractor while General Electric GE became the equipment manufacturer Governor Abdullahi SuleSpeaking at the opening ceremony NNPC GMD CEO Kyari explained that the Corporation through its subsidiary NNPC Gas and Power Investment Company NGPIC decided to intervene in the Maiduguri Energy Situation Project which is would fire with liquefied natural gas Gas LNG and operate commercially The Ajaokuta Kaduna Kano AKK Natural Gas Pipeline was also conceptualized to transport natural gas from Ajaokuta in Kogi State to Kano in Kano State through various states and urban centers as part of the pipeline trans nigeria Three of the contiguous states Kaduna Kano and Nasarawa signed different agreements with the NNPC in conjunction with the Gas Aggregation Company of Nigeria GACN for the expansion and utilization of gas supply to their states At the MoU Execution Ceremony NNPC GMD CEO Malam Mele Kyari described the signing of the agreement as another turning point in the Federal Government s Gas Decade initiative which aims to utilize the abundant gas resources of the nation to feed the nation s economy Kaduna State Governor Malam Nasir El Rufai said the state government was delighted at the prospect of having an additional energy source to power the state s businesses In Nasarawa the signing of the MoU which was the climax of the well organized Nasarawa Business Round Table was witnessed by the Governor of the State Ing Abdullahi Sule GMD CEO NNPC Limited Kyari and the Executive Director of the Gas Group amp Power NNPC Ltd Mr Mohammed Abdulkabir Ahmed Other attendees at the event included Group General Manager NNPC Group Public Affairs Malam Garba Muhammad Nigerian Gas Marketing Company General Manager Eze Justin Ezeala and Axxela CEO Mr Bolaji Osunsanya Governor Abdullahi Sule called on the indigenous people of the state to take advantage of respective opportunities in the gas value chain such as gas distribution CNG stations captive integrated power generation LPG trading the commercialization of gas torches among others It should be noted that these various agreements represent an important step in NNPC s marketing campaign and more importantly in the federal government s gas expansion program With the signing of the PIA and the subsequent transformation of the NNPC into a fully commercial entity operating under the Companies and Allied Matters Act the multiplier effects of these agreements on the ongoing reforms of the NNPC and the oil industry are truly enormous Also read NNPC reviews 2021 activities as Buhari inaugurates board Visit us at for more details Keep reading Source NAN
    NNPC Weekly: Company rallies workforce for higher efficiency, profitability
    General news1 year ago

    NNPC Weekly: Company rallies workforce for higher efficiency, profitability

    The weekly activities of the Nigerian National Petroleum Company (NNPC) began as staff were urged to prepare for higher levels of efficiency in 2022 as it now operates under the Companies and Allied Affairs Act (CAMA).

    Addressing the workforce at the first corporate town hall meeting for 2022, NNPC GMD/CEO Malam Mele Kyari outlined the changes ahead.

    Kyari assured that no member of the NNPC workforce would lose their job as a result of the impending reforms to be introduced under the PIA transition, but that they must be productive, accountable and transparent in their work.

    He called for maximum dedication in the performance of their duties in order to improve profitability, noting that under the PIA, the company would operate as a contractor to the nation at large.

    The NNPC CEO also said that Nigerians were expecting nothing more than higher profit levels.

    Kyari explained that all asset transfers and structural changes associated with the transition process will be completed before the end of the year.

    Speaking on behalf of NNPC staff, Group Executive Director, Corporate Services, Ms. Aisha Katagum, pledged the commitment of the entire workforce to accomplish the tasks set out as spelled out by /CEO.

    Meanwhile, NNPC Limited executed various Memorandums of Understanding (MoUs) and agreements with some joint venture partners, strategic allies and stakeholders in 2021.

    These agreements were aimed at strengthening the corporation's profitability throughout its operational value chain.

    They were also designed in line with the national objectives of the oil and gas industry on the repositioning of gas for rapid expansion of the national, regional and export markets.

    The first execution of these agreements began with the signing of Final Investment Decision (FID) partners, DSV Engineering and the Nigerian Content Development and Oversight Board (NCDMB), for the $3.6 billion Brass Methanol Plant. dollars in Odioma, Brass Island, Bayelsa.

    The project, upon completion, would be the largest methanol plant in Africa and the first in Nigeria.

    Anchored Project Fertilizer and Petrochemical Company Limited (BFPCL), is an incorporated entity owned by DSV Engineering and NCDMB

    Speaking at the event, NNPC Limited GMD/CEO Malam Mele Kyari said he was pleased with the Government's ongoing efforts to provide value to Nigeria's gas resources.

    He described the FID as one of the most significant investment developments in the gas sector in recent times, noting that the project coincided with the previous declaration of 2020 as the year of gas and 2021-2030 as the decade of state gas. for Petroleum Resources.

    NNPC GMD Malam Mele Kyari

    The construction phase of the project would create some 30,000 temporary jobs in addition to the 5,000 permanent jobs that would be created when the plant comes online.

    Another major gas development deal was the signing of a $260 million deal with Assa-North-Ohaji South (ANOH) Gas Processing Company Limited (AGPC) for the financing of the ANOH Gas Project in February.

    ANOH Gas Processing Company Limited (AGPC) is an incorporated joint venture owned 50:50 by Gas Company (NGC), a wholly owned subsidiary of NNPC and Seplat Petroleum Development Company.

    The ANOH Gas Project, which has been described as a game changer, another milestone in the journey to deliver more gas to the domestic market for the promotion of power generation and rapid industrialization in the country.

    Gas flaring comes to an end in Nigeria

    It would deliver 300 million standard cubic feet of gas per day (mscfd) and 1,200 megawatts of power when completed.

    NNPC's gas development and commercialization program received another boost with the signing of the Oil Mining Lease (OML) 143 Gas Development Agreement (GDA), Sterling Oil Exploration and Production Company (SEEPCO).

    The project would boost the country's gas production by 1.2 trillion cubic feet (tcf).

    GMD/CEO NNPC Ltd Kyari said gas from the project would be processed at the 125 million standard cubic feet (mmscf) per day Ashtavinayak Hydrocarbon Limited (AHL) gas plant located in Kwale, Delta State.

    SEEPCO Group Managing Director, Mr. Tony Chukwueke, said the OML 143 GDA was unique in two ways.

    “First, it is the first Agreement in Nigeria to completely separate gas development from oil production, an agreement that will enable the holistic development of gas potential in the block.

    “And it is the first of its kind to expressly include terms that encourage the contractor to be effective in managing costs, generating significant revenue for the Federal Government, NNPC and other stakeholders.”

    Port Harcourt Refinery

    Also in May 2021, GMD/CEO Kyari directed the NNPC to sign a series of agreements with Shell Nigeria Exploration and Production Company (SNEPCo) and other PSC partners.

    PSC partners include Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL) and Nigerian Agip Exploration (NAE) to renew Oil Mining Lease (OML) 118 for a further 20 years.

    The execution of these agreements resolved the disputes surrounding the Deep Offshore Block, OML 118, which led to the renovation of that acreage with the prospect of a new investment of 10 billion naira in the development of the Bonga South-East Field.

    The five signed agreements include, Dispute Settlement Agreement, Settlement Agreement, Historic Gas Agreement, Custody Agreement and Renewed PSC Agreement; all of these agreements would further boost the nation's oil production.

    It is worth noting that the OML 118 dispute lasted for more than 12 years before Kyari intervened.

    His knife of conciliatory leadership has cut through several seemingly irreconcilable and protracted disputes in the oil industry.

    This is yet another indicator of the fact that NNPC places a priority on ensuring and maintaining a cordial and peaceful relationship between all of its stakeholders and partners.

    Governor Nasir El-Rufai

    Still in 2021, the Nigerian National Petroleum Corporation's (NNPC) push to increase refining capacity in the country was bolstered by contracts for the rehabilitation of the 210,000-barrel-per-day capacity Port Harcourt refinery in Alesa-Eleme, Rivers and the Warri and Kaduna refineries, in July and August.

    The PHRC rehabilitation project, which had a completion time of between 18 and 44 months in a three-phase agreement, was awarded to Milan-based Tecnimont SpA for an overall contract price of $1.5 billion, including VAT and other legal payments.

    An elated NNPC GMD, Kyari, described the PHRC rehabilitation project as a dream come true, noting that the project was in line with President Muhammadu Buhari's promise to the Nigerian people to make the refineries work.

    In August, the NNPC, responding to a presidential directive, stepped in and provided a solution to the perennial power supply challenge in Maiduguri, Borno State.

    The intervention saw the execution of Engineering, Procurement and Construction (EPC) and Equipment Procurement contracts for a 50 Megawatt (MW) Emergency Power Project in Maiduguri.

    The project, which had become an integral part of the ongoing efforts to deepen the NNPC's domestic gas utilization plan for the nation's socio-economic growth, had China Machinery Engineering Company (CMEC) as the EPC contractor, while General Electric (GE) became the equipment manufacturer.

    Governor Abdullahi Sule

    Speaking at the opening ceremony, NNPC GMD/CEO Kyari explained that the Corporation, through its subsidiary, NNPC Gas and Power Investment Company (NGPIC), decided to intervene in the Maiduguri Energy Situation Project, which is would fire with liquefied natural gas. Gas (LNG) and operate commercially.

    The Ajaokuta-Kaduna-Kano (AKK) Natural Gas Pipeline was also conceptualized to transport natural gas from Ajaokuta in Kogi State to Kano in Kano State through various states and urban centers as part of the pipeline. trans nigeria.

    Three of the contiguous states, Kaduna, Kano and Nasarawa signed different agreements with the NNPC in conjunction with the Gas Aggregation Company of Nigeria, GACN for the expansion and utilization of gas supply to their states.

    At the MoU Execution Ceremony, NNPC GMD/CEO Malam Mele Kyari described the signing of the agreement as another turning point in the Federal Government's Gas Decade initiative, which aims to utilize the abundant gas resources of the nation to feed the nation's economy.

    Kaduna State Governor Malam Nasir El-Rufai said the state government was delighted at the prospect of having an additional energy source to power the state's businesses.

    In Nasarawa, the signing of the MoU, which was the climax of the well-organized Nasarawa Business Round Table, was witnessed by the Governor of the State, Ing. Abdullahi Sule, GMD/CEO NNPC Limited, Kyari, and the Executive Director of the Gas Group & Power, NNPC Ltd, Mr. Mohammed Abdulkabir Ahmed.

    Other attendees at the event included Group General Manager, NNPC Group Public Affairs, Malam Garba Muhammad, Nigerian Gas Marketing Company General Manager, Eze Justin Ezeala, and Axxela CEO, Mr. Bolaji Osunsanya.

    Governor Abdullahi Sule called on the indigenous people of the state to take advantage of respective opportunities in the gas value chain, such as gas distribution, CNG stations, captive/integrated power generation, LPG trading, the commercialization of gas torches, among others.

    It should be noted that these various agreements represent an important step in NNPC's marketing campaign and, more importantly, in the federal government's gas expansion program.

    With the signing of the PIA and the subsequent transformation of the NNPC into a fully commercial entity, operating under the Companies and Allied Matters Act, the multiplier effects of these agreements on the ongoing reforms of the NNPC and the oil industry are truly enormous. .

    Also read: NNPC reviews 2021 activities as Buhari inaugurates board

    Visit us at for more details.

    Keep reading

    Source: NAN

  •   The board of directors of Nigeria LNG Limited NLNG has approved the supply of 100 percent of the company s liquefied petroleum gas LPG production propane and butane to the Nigerian market NLNG is currently the largest single supplier of LPG in the domestic market with an estimated 400 000 metric tons MT supplied in 2021 In a statement Thursday NLNG said the development will collapse the price of cooking gas which has been rising since March 2021 The statement quoted the company s Managing Director CEO Dr Philip Mshelbila as expressing a strong commitment to the continued growth of the domestic LPG market and his passion for increasing the utilization of one of the world s most versatile energy sources He said Committing 100 of our LPG supply is an important milestone in our domestic gas supply journey We supplied our first cargo of butane LPG to the domestic market in 2007 which helped develop the Nigerian LPG industry over the years from less than 50 000 tonnes to over a million tonnes in market size annual by the end of 2020 According to him in 2021 the company increased the LPG supply commitment from 350 000 MT or 28 m of 12 5 kg cylinders to the actual delivery of 400 000 MT or 32 m of 12 5 kg cylinders thus directing the largest part of our production to the national market But this was not enough for NLNG hence this commitment to do everything possible and supply 100 of our LPG production to the domestic market Mshelbila added
    Price of cooking gas to crash as NLNG begins supply to domestic market
      The board of directors of Nigeria LNG Limited NLNG has approved the supply of 100 percent of the company s liquefied petroleum gas LPG production propane and butane to the Nigerian market NLNG is currently the largest single supplier of LPG in the domestic market with an estimated 400 000 metric tons MT supplied in 2021 In a statement Thursday NLNG said the development will collapse the price of cooking gas which has been rising since March 2021 The statement quoted the company s Managing Director CEO Dr Philip Mshelbila as expressing a strong commitment to the continued growth of the domestic LPG market and his passion for increasing the utilization of one of the world s most versatile energy sources He said Committing 100 of our LPG supply is an important milestone in our domestic gas supply journey We supplied our first cargo of butane LPG to the domestic market in 2007 which helped develop the Nigerian LPG industry over the years from less than 50 000 tonnes to over a million tonnes in market size annual by the end of 2020 According to him in 2021 the company increased the LPG supply commitment from 350 000 MT or 28 m of 12 5 kg cylinders to the actual delivery of 400 000 MT or 32 m of 12 5 kg cylinders thus directing the largest part of our production to the national market But this was not enough for NLNG hence this commitment to do everything possible and supply 100 of our LPG production to the domestic market Mshelbila added
    Price of cooking gas to crash as NLNG begins supply to domestic market
    Headlines1 year ago

    Price of cooking gas to crash as NLNG begins supply to domestic market

    The board of directors of Nigeria LNG Limited, NLNG, has approved the supply of 100 percent of the company's liquefied petroleum gas (LPG) production (propane and butane) to the Nigerian market.

    NLNG is currently the largest single supplier of LPG in the domestic market, with an estimated 400,000 metric tons, MT, supplied in 2021.

    In a statement Thursday, NLNG said the development will collapse the price of cooking gas, which has been rising since March 2021.

    The statement quoted the company's Managing Director/CEO, Dr. Philip Mshelbila, as expressing a strong commitment to the continued growth of the domestic LPG market and his passion for increasing the utilization of one of the world's most versatile energy sources.

    He said: “Committing 100% of our LPG supply is an important milestone in our domestic gas supply journey.

    "We supplied our first cargo of butane (LPG) to the domestic market in 2007, which helped develop the Nigerian LPG industry over the years from less than 50,000 tonnes to over a million tonnes in market size. annual by the end of 2020".

    According to him, in 2021, the company increased the LPG supply commitment from 350,000 MT or 28 m of 12.5 kg cylinders to the actual delivery of 400,000 MT or 32 m of 12.5 kg cylinders, thus directing the largest part of our production to the national market.

    “But this was not enough for NLNG, hence this commitment to do everything possible and supply 100% of our LPG production to the domestic market,” Mshelbila added.

  •   A news analysis Nigerian News Agency Describing Kogi as the most strategic state in Nigeria will not be out of place considering its location on the country s map the confluence state and gateway from one end of the country to the other The former seat of colonial masters that forms a vital part of Nigerian history is also rich in vast natural resources arable land for agriculture tourism and cultural attractions and human resources Because of this Kogi is expected to pass as one of the country s economic hubs and a source of foreign direct investment from Nigeria However achieving this goal has been Governor Yahaya Bello s focus since he took office as governor of the state in January 2016 determined to lead the state to economic prosperity and stability Correctly establishing his priorities the governor began the renewal of all sectors of the state under what he called The New Direction Administration Without a doubt this has produced several successes among which is the attraction of foreign investors to Kogi considering also the leaps and bounds made to make Kogi one of the safest states We will continue to strategically protect our state and people because without security there can be no meaningful development he said Realizing the importance of boosting the state s Internally Generated Revenue IGR Bello revamped the nearly defunct Kogi State Internal Revenue Service KGIRS with a building and services overhaul Fulfilling his mandate KGIRS Acting Chief Executive Mr Yusufu Aubakar said that by the end of 2020 the agency had collected N17 5 billion as IGR with efforts underway to generate N1 3 billion monthly However the IGR has assisted in development projects throughout the state to support the state s monthly allocation from the federal government which is among the lowest recipient states These funds have invested across sectors to make a laudable impact on the state and the lives of residents The state in the New Management Administration led by Bello has witnessed visible successes in the areas of health education agriculture culture and tourism In the health sector Bello has invested heavily in financing health and paying health workers which is why doctors in the state do not join the Nigerian Medical Association s national strikes The administration also constructed and renovated several health facility buildings in the state upgrading Okene General Hospital to a state of the art referral hospital The referral hospital is expected to serve as a teaching hospital for the newly established Confluence University of Science and Technology CUSTECH Osara Bello pointed out that this would reduce the rate of medical tourism in the country and the hospital would be built to a world class standard to respond to any type of health situation The ultra modern referral hospital is designed to meet international standards with state of the art healthcare facilities The hospital will fill the need for better medical care and mark the complete end of medical tourism in Kogi and Nigeria said Bello The educational sector has not been left out either with the constitution of CUSTECH to join other state institutions payment of scholarships to students delivery of scholarships and aid to students among others Bello said that CUSTECH was established to boost Nigeria s education system and put a logical end to the inability of indigenous Kogi to study desired courses due to lack of admission to other institutions My administration was greatly disturbed by the experiences of hundreds of young Kogi who were unable to pursue careers in science and technology due to very limited vacancies at universities outside of Kogi This trend became so worrying that we just had to act as a government to bring it to the only logical end Problems make me combative for solutions said Bello The agricultural sector also received a boost from the New Direction Administration which got the World Bank to applaud Bello for introducing sustainable agriculture programs in the state The administration has also ensured the timely payment of salaries the construction of highways throughout the state and the launch of rural development projects to bring development to the grassroots as well The great advances in security amid the high rate of insecurity throughout the country have also earned the governor much international and national praise attracting foreign investors to the state In November 2021 a Dutch company Euro LPG BV Holland expressed interest in building gas plants in Kogi The international company specializes in the engineering manufacturing and supply of Liquefied Petroleum Gas Liquefied Natural Gas and industrial gases and their related equipment for storage and transportation Company chairman Dr Wahaab Abdullah said Kogi was chosen for the project due to sustained security in the state One of Bello s frantic efforts to boost Kogi as the country s economic hub materialized with President Muhammadu Buhari s recent announcement naming Kogi as one of Nigeria s oil producing states This will again boost the economic activities of the state and create job opportunities for the locals The governor in fulfillment of his commitment to revive the state s economy also in November 2021 inaugurated the start of the hydrographic survey and mapping of the Lower Niger and Benue rivers from Lokoja to Burutu Bello praised the initiative that was born Public Partnership of Nigeria Export Import Bank Plc in collaboration with the Nigerian Navy and the National Inland Waterways Authority He said that the project will generate more than a million direct and indirect jobs for the youth of the state and the country Bello is committed to continuous efforts to develop policies and projects that will make Kogi take its place as one of the economic centers of Nigeria In addition to this Bello said that his administration was interested in ensuring the revival of Ajaokuta Steel Company He noted that he had been in talks with President Muhammadu Buhari to get the company up and running before the end of his administration Articles www ews ng If used please credit the writer and Nigerian News Agency Keep reading Source NAN
    NEWS ANALYSIS: Harnessing Kogi’s potential for economic prosperity, stability
      A news analysis Nigerian News Agency Describing Kogi as the most strategic state in Nigeria will not be out of place considering its location on the country s map the confluence state and gateway from one end of the country to the other The former seat of colonial masters that forms a vital part of Nigerian history is also rich in vast natural resources arable land for agriculture tourism and cultural attractions and human resources Because of this Kogi is expected to pass as one of the country s economic hubs and a source of foreign direct investment from Nigeria However achieving this goal has been Governor Yahaya Bello s focus since he took office as governor of the state in January 2016 determined to lead the state to economic prosperity and stability Correctly establishing his priorities the governor began the renewal of all sectors of the state under what he called The New Direction Administration Without a doubt this has produced several successes among which is the attraction of foreign investors to Kogi considering also the leaps and bounds made to make Kogi one of the safest states We will continue to strategically protect our state and people because without security there can be no meaningful development he said Realizing the importance of boosting the state s Internally Generated Revenue IGR Bello revamped the nearly defunct Kogi State Internal Revenue Service KGIRS with a building and services overhaul Fulfilling his mandate KGIRS Acting Chief Executive Mr Yusufu Aubakar said that by the end of 2020 the agency had collected N17 5 billion as IGR with efforts underway to generate N1 3 billion monthly However the IGR has assisted in development projects throughout the state to support the state s monthly allocation from the federal government which is among the lowest recipient states These funds have invested across sectors to make a laudable impact on the state and the lives of residents The state in the New Management Administration led by Bello has witnessed visible successes in the areas of health education agriculture culture and tourism In the health sector Bello has invested heavily in financing health and paying health workers which is why doctors in the state do not join the Nigerian Medical Association s national strikes The administration also constructed and renovated several health facility buildings in the state upgrading Okene General Hospital to a state of the art referral hospital The referral hospital is expected to serve as a teaching hospital for the newly established Confluence University of Science and Technology CUSTECH Osara Bello pointed out that this would reduce the rate of medical tourism in the country and the hospital would be built to a world class standard to respond to any type of health situation The ultra modern referral hospital is designed to meet international standards with state of the art healthcare facilities The hospital will fill the need for better medical care and mark the complete end of medical tourism in Kogi and Nigeria said Bello The educational sector has not been left out either with the constitution of CUSTECH to join other state institutions payment of scholarships to students delivery of scholarships and aid to students among others Bello said that CUSTECH was established to boost Nigeria s education system and put a logical end to the inability of indigenous Kogi to study desired courses due to lack of admission to other institutions My administration was greatly disturbed by the experiences of hundreds of young Kogi who were unable to pursue careers in science and technology due to very limited vacancies at universities outside of Kogi This trend became so worrying that we just had to act as a government to bring it to the only logical end Problems make me combative for solutions said Bello The agricultural sector also received a boost from the New Direction Administration which got the World Bank to applaud Bello for introducing sustainable agriculture programs in the state The administration has also ensured the timely payment of salaries the construction of highways throughout the state and the launch of rural development projects to bring development to the grassroots as well The great advances in security amid the high rate of insecurity throughout the country have also earned the governor much international and national praise attracting foreign investors to the state In November 2021 a Dutch company Euro LPG BV Holland expressed interest in building gas plants in Kogi The international company specializes in the engineering manufacturing and supply of Liquefied Petroleum Gas Liquefied Natural Gas and industrial gases and their related equipment for storage and transportation Company chairman Dr Wahaab Abdullah said Kogi was chosen for the project due to sustained security in the state One of Bello s frantic efforts to boost Kogi as the country s economic hub materialized with President Muhammadu Buhari s recent announcement naming Kogi as one of Nigeria s oil producing states This will again boost the economic activities of the state and create job opportunities for the locals The governor in fulfillment of his commitment to revive the state s economy also in November 2021 inaugurated the start of the hydrographic survey and mapping of the Lower Niger and Benue rivers from Lokoja to Burutu Bello praised the initiative that was born Public Partnership of Nigeria Export Import Bank Plc in collaboration with the Nigerian Navy and the National Inland Waterways Authority He said that the project will generate more than a million direct and indirect jobs for the youth of the state and the country Bello is committed to continuous efforts to develop policies and projects that will make Kogi take its place as one of the economic centers of Nigeria In addition to this Bello said that his administration was interested in ensuring the revival of Ajaokuta Steel Company He noted that he had been in talks with President Muhammadu Buhari to get the company up and running before the end of his administration Articles www ews ng If used please credit the writer and Nigerian News Agency Keep reading Source NAN
    NEWS ANALYSIS: Harnessing Kogi’s potential for economic prosperity, stability
    Features1 year ago

    NEWS ANALYSIS: Harnessing Kogi’s potential for economic prosperity, stability

    A news analysis, Nigerian News Agency

    Describing Kogi as the most strategic state in Nigeria will not be out of place considering its location on the country's map: the confluence state and gateway from one end of the country to the other.

    The former seat of colonial masters that forms a vital part of Nigerian history is also rich in vast natural resources, arable land for agriculture, tourism and cultural attractions, and human resources.

    Because of this, Kogi is expected to pass as one of the country's economic hubs and a source of foreign direct investment from Nigeria.

    However, achieving this goal has been Governor Yahaya Bello's focus since he took office as governor of the state in January 2016, determined to lead the state to economic prosperity and stability.

    Correctly establishing his priorities, the governor began the renewal of all sectors of the state under what he called: “The New Direction Administration”.

    Without a doubt, this has produced several successes, among which is the attraction of foreign investors to Kogi, considering also the leaps and bounds made to make Kogi one of the safest states.

    "We will continue to strategically protect our state and people because, without security, there can be no meaningful development," he said.

    Realizing the importance of boosting the state's Internally Generated Revenue (IGR), Bello revamped the nearly defunct Kogi State Internal Revenue Service (KGIRS) with a building and services overhaul.

    Fulfilling his mandate, KGIRS Acting Chief Executive Mr. Yusufu Aubakar said that by the end of 2020, the agency had collected N17.5 billion as IGR, with efforts underway to generate N1.3 billion monthly.

    However, the IGR has assisted in development projects throughout the state to support the state's monthly allocation from the federal government, which is among the lowest recipient states.

    These funds have invested across sectors to make a laudable impact on the state and the lives of residents.

    The state in the “New Management Administration” led by Bello has witnessed visible successes in the areas of health, education, agriculture, culture and tourism.

    In the health sector, Bello has invested heavily in financing health and paying health workers, which is why doctors in the state do not join the Nigerian Medical Association's national strikes.

    The administration also constructed and renovated several health facility buildings in the state, upgrading Okene General Hospital to a state-of-the-art referral hospital.

    The referral hospital is expected to serve as a teaching hospital for the newly established Confluence University of Science and Technology (CUSTECH), Osara.

    Bello pointed out that this would reduce the rate of medical tourism in the country and the hospital would be built to a world-class standard to respond to any type of health situation.

    “The ultra-modern referral hospital is designed to meet international standards with state-of-the-art healthcare facilities.

    “The hospital will fill the need for better medical care and mark the complete end of medical tourism in Kogi and Nigeria,” said Bello.

    The educational sector has not been left out either with the constitution of CUSTECH to join other state institutions, payment of scholarships to students, delivery of scholarships and aid to students, among others.

    Bello said that CUSTECH was established to boost Nigeria's education system and put a logical end to the inability of indigenous Kogi to study desired courses due to lack of admission to other institutions.

    “My administration was greatly disturbed by the experiences of hundreds of young Kogi who were unable to pursue careers in science and technology due to very limited vacancies at universities outside of Kogi.

    “This trend became so worrying that we just had to act as a government to bring it to the only logical end. Problems make me combative for solutions,” said Bello.

    The agricultural sector also received a boost from the New Direction Administration, which got the World Bank to applaud Bello for introducing sustainable agriculture programs in the state.

    The administration has also ensured the timely payment of salaries, the construction of highways throughout the state, and the launch of rural development projects to bring development to the grassroots as well.

    The great advances in security amid the high rate of insecurity throughout the country have also earned the governor much international and national praise, attracting foreign investors to the state.

    In November 2021, a Dutch company, Euro LPG BV Holland, expressed interest in building gas plants in Kogi.

    The international company specializes in the engineering, manufacturing and supply of Liquefied Petroleum Gas, Liquefied Natural Gas and industrial gases and their related equipment for storage and transportation.

    Company chairman Dr. Wahaab Abdullah said Kogi was chosen for the project due to sustained security in the state.

    One of Bello's frantic efforts to boost Kogi as the country's economic hub materialized with President Muhammadu Buhari's recent announcement naming Kogi as one of Nigeria's oil-producing states.

    This will again boost the economic activities of the state and create job opportunities for the locals.

    The governor, in fulfillment of his commitment to revive the state's economy, also in November 2021, inaugurated the start of the hydrographic survey and mapping of the Lower Niger and Benue rivers from Lokoja to Burutu.

    Bello praised the initiative that was born Public Partnership of Nigeria Export-Import Bank Plc. in collaboration with the Nigerian Navy and the National Inland Waterways Authority.

    He said that the project will generate more than a million direct and indirect jobs for the youth of the state and the country.

    Bello is committed to continuous efforts to develop policies and projects that will make Kogi take its place as one of the economic centers of Nigeria.

    In addition to this, Bello said that his administration was interested in ensuring the revival of Ajaokuta Steel Company.

    He noted that he had been in talks with President Muhammadu Buhari to get the company up and running before the end of his administration. (Articles) (www.ews.ng)

    **If used, please credit the writer and Nigerian News Agency

    Keep reading

    Source: NAN

  •   The Federal Government has yet to implement the payment of Value Added Tax VAT on imported Liquefied Petroleum Gas LPG reports the Nigerian News Agency LPG also known as cooking gas traders confirmed the development to NAN on Monday in Lagos as it reacted to the drop in the price of the product across the country The government had published in 2019 the elimination of VAT on LPG to increase its national use However in July 2021 marketers were notified about the reintroduction of VAT on the product when the government moved to shore up their sources of income Bassey Essien Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Traders NALPGAM urged the government to urgently clarify its position on the issue The announcement that the government was reintroducing VAT on imported LPG generated panic in the market that led to the spike we experienced in cooking gas prices in 2021 Some traders stopped importing and don t forget that around 60 percent of the LPG consumed in Nigeria is imported The NLNG only supplies around 450 000 MT and our LPG consumption exceeds one million metric tons so the imposition of VAT on imported LPG affected the market However the government has not yet started collecting VAT despite the announcement that has encouraged more traders to restart importing He said the shock currently felt as if cooking gas prices had dropped from about N10 000 and N10 500 for a 12 5 kg gas cylinder to about N7 400 and N9000 across the country According to Mr Essien the supply has increased and as it continues prices will continue to fall but it is still a long way from where we came from In January 2021 a 20 metric ton truck cost around 4 million naira but is currently around 9 7 million naira We have to look at all the factors that drove prices including the demand for LPG in the international market and find a way to tame the supply of LPG to ensure price stability In addition Michael Umudu National President Liquefied Petroleum Gas Retailers LPGAR branch of the National Union of Petroleum and Natural Gas Workers NUPENG said that the drop in cooking gas prices was a positive development Mr Umudu said We as retailers suffered a lot because many of our customers switched to charcoal and firewood because they could no longer afford to buy gas Now the supply is increasing and we hope that if it continues there will be a further reduction in the price of cooking gas We learned that the government has not implemented the VAT policy but the pressure that the pronouncement brought to the industry led to the rise in the price of LPG We want the government to openly say that they have eliminated VAT on imported LPG so that there is stability He stressed the need for the government to encourage more Nigerians to adopt gas because of the health benefits it brings to the nation The government has announced many policies aimed at deepening gas use such as the Decade for Gas Development initiative and the National Gas Expansion Program However these programs must be viable and not just on paper There needs to be infrastructure on the ground to support its implementation Umudu added YAYA
    Nigerian govt yet to implement VAT on imported LPG — Marketers
      The Federal Government has yet to implement the payment of Value Added Tax VAT on imported Liquefied Petroleum Gas LPG reports the Nigerian News Agency LPG also known as cooking gas traders confirmed the development to NAN on Monday in Lagos as it reacted to the drop in the price of the product across the country The government had published in 2019 the elimination of VAT on LPG to increase its national use However in July 2021 marketers were notified about the reintroduction of VAT on the product when the government moved to shore up their sources of income Bassey Essien Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Traders NALPGAM urged the government to urgently clarify its position on the issue The announcement that the government was reintroducing VAT on imported LPG generated panic in the market that led to the spike we experienced in cooking gas prices in 2021 Some traders stopped importing and don t forget that around 60 percent of the LPG consumed in Nigeria is imported The NLNG only supplies around 450 000 MT and our LPG consumption exceeds one million metric tons so the imposition of VAT on imported LPG affected the market However the government has not yet started collecting VAT despite the announcement that has encouraged more traders to restart importing He said the shock currently felt as if cooking gas prices had dropped from about N10 000 and N10 500 for a 12 5 kg gas cylinder to about N7 400 and N9000 across the country According to Mr Essien the supply has increased and as it continues prices will continue to fall but it is still a long way from where we came from In January 2021 a 20 metric ton truck cost around 4 million naira but is currently around 9 7 million naira We have to look at all the factors that drove prices including the demand for LPG in the international market and find a way to tame the supply of LPG to ensure price stability In addition Michael Umudu National President Liquefied Petroleum Gas Retailers LPGAR branch of the National Union of Petroleum and Natural Gas Workers NUPENG said that the drop in cooking gas prices was a positive development Mr Umudu said We as retailers suffered a lot because many of our customers switched to charcoal and firewood because they could no longer afford to buy gas Now the supply is increasing and we hope that if it continues there will be a further reduction in the price of cooking gas We learned that the government has not implemented the VAT policy but the pressure that the pronouncement brought to the industry led to the rise in the price of LPG We want the government to openly say that they have eliminated VAT on imported LPG so that there is stability He stressed the need for the government to encourage more Nigerians to adopt gas because of the health benefits it brings to the nation The government has announced many policies aimed at deepening gas use such as the Decade for Gas Development initiative and the National Gas Expansion Program However these programs must be viable and not just on paper There needs to be infrastructure on the ground to support its implementation Umudu added YAYA
    Nigerian govt yet to implement VAT on imported LPG — Marketers
    Headlines1 year ago

    Nigerian govt yet to implement VAT on imported LPG — Marketers

    The Federal Government has yet to implement the payment of Value Added Tax, VAT, on imported Liquefied Petroleum Gas (LPG), reports the Nigerian News Agency.

    LPG, also known as cooking gas traders, confirmed the development to NAN on Monday in Lagos as it reacted to the drop in the price of the product across the country.

    The government had published in 2019 the elimination of VAT on LPG to increase its national use.

    However, in July 2021, marketers were notified about the reintroduction of VAT on the product when the government moved to shore up their sources of income.

    Bassey Essien, Executive Secretary of the Nigerian Association of Liquefied Petroleum Gas Traders, NALPGAM, urged the government to urgently clarify its position on the issue.

    “The announcement that the government was reintroducing VAT on imported LPG generated panic in the market that led to the spike we experienced in cooking gas prices in 2021.

    “Some traders stopped importing and don't forget that around 60 percent of the LPG consumed in Nigeria is imported.

    “The NLNG only supplies around 450,000 MT and our LPG consumption exceeds one million metric tons, so the imposition of VAT on imported LPG affected the market.

    "However, the government has not yet started collecting VAT despite the announcement that has encouraged more traders to restart importing."

    He said the shock currently felt as if cooking gas prices had dropped from about N10,000 and N10,500 for a 12.5 kg gas cylinder to about N7,400 and N9000 across the country.

    According to Mr. Essien, the supply has increased and as it continues prices will continue to fall, but it is still a long way from where we came from.

    “In January 2021, a 20 metric ton truck cost around 4 million naira, but is currently around 9.7 million naira.

    "We have to look at all the factors that drove prices, including the demand for LPG in the international market, and find a way to tame the supply of LPG to ensure price stability."

    In addition, Michael Umudu, National President, Liquefied Petroleum Gas Retailers (LPGAR), branch of the National Union of Petroleum and Natural Gas Workers (NUPENG), said that the drop in cooking gas prices was a positive development.

    Mr Umudu said: “We as retailers suffered a lot because many of our customers switched to charcoal and firewood because they could no longer afford to buy gas.

    “Now, the supply is increasing and we hope that if it continues, there will be a further reduction in the price of cooking gas.

    “We learned that the government has not implemented the VAT policy but the pressure that the pronouncement brought to the industry led to the rise in the price of LPG.

    "We want the government to openly say that they have eliminated VAT on imported LPG so that there is stability."

    He stressed the need for the government to encourage more Nigerians to adopt gas because of the health benefits it brings to the nation.

    “The government has announced many policies aimed at deepening gas use, such as the Decade for Gas Development initiative and the National Gas Expansion Program.

    “However, these programs must be viable and not just on paper. There needs to be infrastructure on the ground to support its implementation, '' Umudu added.

    YAYA

  •   Once completed the new facility will be able to reduce not only the cost of fuel but also ensure that Kenya can consistently have an adequate supply of fuel for our needs MOMBASA Kenya January 6 2022 APO Group President Uhuru Kenyatta on Thursday inspected the ongoing construction of the 40 billion shillings offshore oil terminal at Kipevu the largest of its kind in Africa Construction of the 770 meter long jetty currently 96 complete is fully funded by the Kenya Port Authority KPA and implemented by China Communications Construction Company When completed in April this year the offshore facility will be able to load and unload large tankers of up to 200 000 dwt carrying all categories of petroleum products including crude oil white oils and LPG During the inspection President Kenyatta who was accompanied by Chinese Foreign Minister Wang Yi said that the new jetty will improve supply and ensure price stability for petroleum products in Kenya and the region by replacing oil 50 year old Kipevu Oil on land Terminal KOT When operational President Kenyatta noted that the new coastal pier will save the country more than 2 billion shillings a year in living costs incurred by oil carriers contributing to a significant reduction in pump prices made out of fuel Once completed the new facility will be able to reduce not only the cost of fuel but also ensure that Kenya can consistently have an adequate supply of fuel for our needs and the development needs of our people This terminal once put into service in a few weeks will result in the savings of nearly 2 billion shillings that we are currently paying each year due to the delay caused by long queues of ships parked outside our port waiting download your product he said The president praised Kenya s development partnership with China saying the deal had helped deliver key infrastructure projects adding that the populous Asian nation was progressively opening up its expansive domestic market to Kenyan exports Our partnership with China is not a partnership based on China telling us what to do It is an association of friends who work together to fulfill the socio economic agenda of Kenya The old Kipevu oil terminal with which we have struggled for many years could not meet the demands of the growing population to meet the demands of the growing economy We needed this facility to be able to meet those demands and China was there when we asked for a partnership to develop it the president said And he added They were there ready to work and walk with us hand in hand and that is what we call a friend We don t need lectures on what we need we need partners to help us achieve what we need The Head of State said that the various infrastructure projects implemented with the support of China had strengthened the Kenyan economy He noted that the standard gauge railway SGR had kept Kenya s economy going during the slowdown caused by the global coronavirus pandemic The chairman noted that SGR had significantly lowered the cost of freight freight by saying that the price of transporting a container of tea from Nairobi to Mombasa had been reduced from 60 000 shillings by road to 17 000 shillings on the modern railway line Many said that it was not necessary to improve the railway linking Mombasa with Nairobi and finally with Kisumu Malaba and our neighboring countries Today millions and millions of Kenyans have benefited from the reduced cost of travel between Nairobi and Mombasa During this Covid 19 period thousands of Kenyans were able to take advantage of the SGR to travel to Mombasa and make sure that at least our hotels down here were not closed and our people were employed President Kenyatta said Earlier at the Mombasa Government House President Kenyatta met with the State Councilor and Foreign Minister of the People s Republic of China Wang Yi who paid him a courtesy visit The Head of State and the Chinese Minister discussed a wide range of bilateral and multilateral issues of mutual interest to Kenya and China including the two country development cooperation framework regional peace and security as well as the global fight against Covid 19 The president reiterated Kenya s commitment to its development partnership with China saying that the cooperation had contributed greatly to the country s transformation in recent years Let me tell you that as a country we highly value the partnership between our two countries Our political cooperation our economic cooperation our cultural engagement is something we value and something we hope to deepen as we move forward I can clearly say that Kenya would not have been able to achieve many of our economic and social development agendas without the support of China And this is something that not only we as a government appreciate but also the Kenyan people said the president He expressed optimism that the continued opening of the Chinese domestic market to Kenyan agricultural exports will help close the huge gap in the balance of trade that exists between the two economies I am very grateful especially as a farmer for the movement that we are making towards opening up the market in China to Kenyan agricultural products and I am very interested to see it develop because the basis for success is if we are able to balance our commerce said President Kenyatta Minister Wang Yi who was accompanied by Qian Keming Vice Minister Trade Minister Wu Jianghao Vice Minister Ministry of Foreign Affairs and his country s ambassador to Kenya Zhou Pingjiang assured President Kenyatta of China s continued commitment to support Kenya s development agenda Cabinet Secretaries Raychelle Omamo Foreign Affairs Joe Mucheru ICT Ukur Yatani National Treasury John Munyes Oil James Macharia Infrastructure Peter Munya Agriculture Mutahi Kagwe Health and Betty Maina Commerce attended the State House meeting Mombasa Others were Principal Secretaries Macharia Kamau Foreign Relations Kirimi Kaberia Industrialization and Johnson Weru Commerce as well as the Comptroller of the House of Representatives Mr Kinuthia Mbugua among other senior government officials
    President Kenyatta Inspects Shs 40 Billion New Kipevu Oil Terminal
      Once completed the new facility will be able to reduce not only the cost of fuel but also ensure that Kenya can consistently have an adequate supply of fuel for our needs MOMBASA Kenya January 6 2022 APO Group President Uhuru Kenyatta on Thursday inspected the ongoing construction of the 40 billion shillings offshore oil terminal at Kipevu the largest of its kind in Africa Construction of the 770 meter long jetty currently 96 complete is fully funded by the Kenya Port Authority KPA and implemented by China Communications Construction Company When completed in April this year the offshore facility will be able to load and unload large tankers of up to 200 000 dwt carrying all categories of petroleum products including crude oil white oils and LPG During the inspection President Kenyatta who was accompanied by Chinese Foreign Minister Wang Yi said that the new jetty will improve supply and ensure price stability for petroleum products in Kenya and the region by replacing oil 50 year old Kipevu Oil on land Terminal KOT When operational President Kenyatta noted that the new coastal pier will save the country more than 2 billion shillings a year in living costs incurred by oil carriers contributing to a significant reduction in pump prices made out of fuel Once completed the new facility will be able to reduce not only the cost of fuel but also ensure that Kenya can consistently have an adequate supply of fuel for our needs and the development needs of our people This terminal once put into service in a few weeks will result in the savings of nearly 2 billion shillings that we are currently paying each year due to the delay caused by long queues of ships parked outside our port waiting download your product he said The president praised Kenya s development partnership with China saying the deal had helped deliver key infrastructure projects adding that the populous Asian nation was progressively opening up its expansive domestic market to Kenyan exports Our partnership with China is not a partnership based on China telling us what to do It is an association of friends who work together to fulfill the socio economic agenda of Kenya The old Kipevu oil terminal with which we have struggled for many years could not meet the demands of the growing population to meet the demands of the growing economy We needed this facility to be able to meet those demands and China was there when we asked for a partnership to develop it the president said And he added They were there ready to work and walk with us hand in hand and that is what we call a friend We don t need lectures on what we need we need partners to help us achieve what we need The Head of State said that the various infrastructure projects implemented with the support of China had strengthened the Kenyan economy He noted that the standard gauge railway SGR had kept Kenya s economy going during the slowdown caused by the global coronavirus pandemic The chairman noted that SGR had significantly lowered the cost of freight freight by saying that the price of transporting a container of tea from Nairobi to Mombasa had been reduced from 60 000 shillings by road to 17 000 shillings on the modern railway line Many said that it was not necessary to improve the railway linking Mombasa with Nairobi and finally with Kisumu Malaba and our neighboring countries Today millions and millions of Kenyans have benefited from the reduced cost of travel between Nairobi and Mombasa During this Covid 19 period thousands of Kenyans were able to take advantage of the SGR to travel to Mombasa and make sure that at least our hotels down here were not closed and our people were employed President Kenyatta said Earlier at the Mombasa Government House President Kenyatta met with the State Councilor and Foreign Minister of the People s Republic of China Wang Yi who paid him a courtesy visit The Head of State and the Chinese Minister discussed a wide range of bilateral and multilateral issues of mutual interest to Kenya and China including the two country development cooperation framework regional peace and security as well as the global fight against Covid 19 The president reiterated Kenya s commitment to its development partnership with China saying that the cooperation had contributed greatly to the country s transformation in recent years Let me tell you that as a country we highly value the partnership between our two countries Our political cooperation our economic cooperation our cultural engagement is something we value and something we hope to deepen as we move forward I can clearly say that Kenya would not have been able to achieve many of our economic and social development agendas without the support of China And this is something that not only we as a government appreciate but also the Kenyan people said the president He expressed optimism that the continued opening of the Chinese domestic market to Kenyan agricultural exports will help close the huge gap in the balance of trade that exists between the two economies I am very grateful especially as a farmer for the movement that we are making towards opening up the market in China to Kenyan agricultural products and I am very interested to see it develop because the basis for success is if we are able to balance our commerce said President Kenyatta Minister Wang Yi who was accompanied by Qian Keming Vice Minister Trade Minister Wu Jianghao Vice Minister Ministry of Foreign Affairs and his country s ambassador to Kenya Zhou Pingjiang assured President Kenyatta of China s continued commitment to support Kenya s development agenda Cabinet Secretaries Raychelle Omamo Foreign Affairs Joe Mucheru ICT Ukur Yatani National Treasury John Munyes Oil James Macharia Infrastructure Peter Munya Agriculture Mutahi Kagwe Health and Betty Maina Commerce attended the State House meeting Mombasa Others were Principal Secretaries Macharia Kamau Foreign Relations Kirimi Kaberia Industrialization and Johnson Weru Commerce as well as the Comptroller of the House of Representatives Mr Kinuthia Mbugua among other senior government officials
    President Kenyatta Inspects Shs 40 Billion New Kipevu Oil Terminal
    Africa1 year ago

    President Kenyatta Inspects Shs 40 Billion New Kipevu Oil Terminal

    Once completed, the new facility will be able to reduce not only the cost of fuel, but also ensure that Kenya can consistently have an adequate supply of fuel for our needs.

    MOMBASA, Kenya, January 6, 2022 / APO Group / -

    President Uhuru Kenyatta on Thursday inspected the ongoing construction of the 40 billion shillings offshore oil terminal at Kipevu, the largest of its kind in Africa.

    Construction of the 770-meter-long jetty, currently 96% complete, is fully funded by the Kenya Port Authority (KPA) and implemented by China Communications Construction Company.

    When completed in April this year, the offshore facility will be able to load and unload large tankers of up to 200,000 dwt carrying all categories of petroleum products, including crude oil, white oils and LPG.

    During the inspection, President Kenyatta, who was accompanied by Chinese Foreign Minister Wang Yi, said that the new jetty will improve supply and ensure price stability for petroleum products in Kenya and the region by replacing oil. 50-year-old Kipevu Oil on land. Terminal (KOT).

    When operational, President Kenyatta noted that the new coastal pier will save the country more than 2 billion shillings a year in living costs incurred by oil carriers, contributing to a significant reduction in pump prices. made out of fuel.

    “Once completed, the new facility will be able to reduce not only the cost of fuel, but also ensure that Kenya can consistently have an adequate supply of fuel for our needs and the development needs of our people.

    "This terminal, once put into service in a few weeks, will result in the savings of nearly 2 billion shillings that we are currently paying each year due to the delay caused by long queues of ships parked outside our port waiting download your product, "he said. .

    The president praised Kenya's development partnership with China, saying the deal had helped deliver key infrastructure projects, adding that the populous Asian nation was progressively opening up its expansive domestic market to Kenyan exports.

    “Our partnership with China is not a partnership based on China telling us what to do. It is an association of friends who work together to fulfill the socio-economic agenda of Kenya.

    “The old Kipevu oil terminal, with which we have struggled for many years, could not meet the demands of the growing population, to meet the demands of the growing economy.

    "We needed this facility to be able to meet those demands and China was there when we asked for a partnership to develop it," the president said.

    And he added: “They were there ready to work and walk with us hand in hand and that is what we call a friend. We don't need lectures on what we need, we need partners to help us achieve what we need. "

    The Head of State said that the various infrastructure projects implemented with the support of China had strengthened the Kenyan economy.

    He noted that the standard gauge railway (SGR) had kept Kenya's economy going during the slowdown caused by the global coronavirus pandemic.

    The chairman noted that SGR had significantly lowered the cost of freight freight by saying that the price of transporting a container of tea from Nairobi to Mombasa had been reduced from 60,000 shillings by road to 17,000 shillings on the modern railway line.

    “Many said that it was not necessary to improve the railway linking Mombasa with Nairobi and finally with Kisumu, Malaba and our neighboring countries. Today, millions and millions of Kenyans have benefited from the reduced cost of travel between Nairobi and Mombasa.

    “During this Covid-19 period, thousands of Kenyans were able to take advantage of the SGR to travel to Mombasa and make sure that at least our hotels down here were not closed and our people were employed,” President Kenyatta said.

    Earlier, at the Mombasa Government House, President Kenyatta met with the State Councilor and Foreign Minister of the People's Republic of China, Wang Yi, who paid him a courtesy visit.

    The Head of State and the Chinese Minister discussed a wide range of bilateral and multilateral issues of mutual interest to Kenya and China, including the two-country development cooperation framework, regional peace and security, as well as the global fight against Covid-19.

    The president reiterated Kenya's commitment to its development partnership with China, saying that the cooperation had contributed greatly to the country's transformation in recent years.

    “Let me tell you that, as a country, we highly value the partnership between our two countries. Our political cooperation, our economic cooperation, our cultural engagement is something we value and something we hope to deepen as we move forward.

    “I can clearly say that Kenya would not have been able to achieve many of our economic and social development agendas without the support of China. And this is something that not only we, as a government, appreciate, but also the Kenyan people, ”said the president.

    He expressed optimism that the continued opening of the Chinese domestic market to Kenyan agricultural exports will help close the huge gap in the balance of trade that exists between the two economies.

    “I am very grateful, especially as a farmer, for the movement that we are making towards opening up the market in China to Kenyan agricultural products, and I am very interested to see it develop because the basis for success is if we are able to balance our commerce, "said President Kenyatta.

    Minister Wang Yi, who was accompanied by Qian Keming (Vice Minister, Trade Minister), Wu Jianghao (Vice Minister, Ministry of Foreign Affairs) and his country's ambassador to Kenya, Zhou Pingjiang, assured President Kenyatta of China's continued commitment to support Kenya's development agenda. .

    Cabinet Secretaries Raychelle Omamo (Foreign Affairs), Joe Mucheru (ICT), Ukur Yatani (National Treasury), John Munyes (Oil), James Macharia (Infrastructure), Peter Munya (Agriculture), Mutahi Kagwe (Health) and Betty Maina (Commerce) attended the State House meeting, Mombasa.

    Others were Principal Secretaries Macharia Kamau (Foreign Relations), Kirimi Kaberia (Industrialization) and Johnson Weru (Commerce), as well as the Comptroller of the House of Representatives, Mr. Kinuthia Mbugua, among other senior government officials.

  •  Police fired tear gas and stun grenades in an attempt to break up an unprecedented march of thousands of people in Almaty Kazakhstan s largest city after protests that began over fuel prices threatened to spiral out of control Police opened fire after protesters refused to disperse reported two AFP journalists estimating more than 5 000 protesters were present at the rally Tuesday night Messaging apps Telegram Signal and WhatsApp fell in Kazakhstan early Wednesday morning as thousands took to the streets in cities across the oil rich country to express their discontent over prices and the government An AFP journalist in Almaty saw some protesters attacking vehicles including a fire truck Another AFP journalist saw several protesters and several riot police admitted to a hospital in central Almaty with what appeared to be minor injuries Smaller protests have been organized in cities across the country since Sunday starting with the western city of Zhanaozen Outrage over the increase in the price of LPG The initial cause of the unrest was a rise in the prices of liquefied petroleum gas LPG in the western energy heart of the country but a government move to lower prices in line with protesters demands failed to calm them down President Kassym Jomart Tokayev tweeted late Tuesday that the authorities had made the decision to cut LPG prices in the western Mangystau region to ensure stability in the country Independent media reports suggest that his announcement of a new price of 50 tenge 11 US cents per liter below 120 earlier in the year failed to weaken protests in Zhanaozen and the capital of Mangystau Aktau where the images showed thousands of protesters surrounded by police The president also wrote that a government commission had started work in Aktau The commission is instructed to find a mutually acceptable solution to the problem that has arisen in the interest of the stability of our country Tokayev said Law enforcement agencies have been instructed to ensure that public order is not violated The protesters must show responsibility and a willingness to dialogue he added The Mangystau region relies on LPG as its main fuel for cars and any jump in price would have affected the price of food which has seen sharp increases since the start of the coronavirus pandemic Zhanaozen was the scene of the country s deadliest unrest since it gained independence from the Soviet Union in 1991 when at least 14 striking oil workers were killed in 2011 when police crushed a protest over pay and working conditions Tokayev took office in 2019 personally chosen as his successor by the founding leader of the central Asian country Nursultan Nazarbayev But Nazarbayev 81 who has ruled Kazakhstan since 1989 retains control of the country as president of the security council and leader of the nation a title that grants him unique privileges in policy making as well as immunity from prosecution Source Credit TheGuardian
    Police tear gas rare mass protest in Kazakhstan’s largest city
     Police fired tear gas and stun grenades in an attempt to break up an unprecedented march of thousands of people in Almaty Kazakhstan s largest city after protests that began over fuel prices threatened to spiral out of control Police opened fire after protesters refused to disperse reported two AFP journalists estimating more than 5 000 protesters were present at the rally Tuesday night Messaging apps Telegram Signal and WhatsApp fell in Kazakhstan early Wednesday morning as thousands took to the streets in cities across the oil rich country to express their discontent over prices and the government An AFP journalist in Almaty saw some protesters attacking vehicles including a fire truck Another AFP journalist saw several protesters and several riot police admitted to a hospital in central Almaty with what appeared to be minor injuries Smaller protests have been organized in cities across the country since Sunday starting with the western city of Zhanaozen Outrage over the increase in the price of LPG The initial cause of the unrest was a rise in the prices of liquefied petroleum gas LPG in the western energy heart of the country but a government move to lower prices in line with protesters demands failed to calm them down President Kassym Jomart Tokayev tweeted late Tuesday that the authorities had made the decision to cut LPG prices in the western Mangystau region to ensure stability in the country Independent media reports suggest that his announcement of a new price of 50 tenge 11 US cents per liter below 120 earlier in the year failed to weaken protests in Zhanaozen and the capital of Mangystau Aktau where the images showed thousands of protesters surrounded by police The president also wrote that a government commission had started work in Aktau The commission is instructed to find a mutually acceptable solution to the problem that has arisen in the interest of the stability of our country Tokayev said Law enforcement agencies have been instructed to ensure that public order is not violated The protesters must show responsibility and a willingness to dialogue he added The Mangystau region relies on LPG as its main fuel for cars and any jump in price would have affected the price of food which has seen sharp increases since the start of the coronavirus pandemic Zhanaozen was the scene of the country s deadliest unrest since it gained independence from the Soviet Union in 1991 when at least 14 striking oil workers were killed in 2011 when police crushed a protest over pay and working conditions Tokayev took office in 2019 personally chosen as his successor by the founding leader of the central Asian country Nursultan Nazarbayev But Nazarbayev 81 who has ruled Kazakhstan since 1989 retains control of the country as president of the security council and leader of the nation a title that grants him unique privileges in policy making as well as immunity from prosecution Source Credit TheGuardian
    Police tear gas rare mass protest in Kazakhstan’s largest city
    Foreign1 year ago

    Police tear gas rare mass protest in Kazakhstan’s largest city

    Police fired tear gas and stun grenades in an attempt to break up an unprecedented march of thousands of people in Almaty, Kazakhstan's largest city, after protests that began over fuel prices threatened to spiral out of control.

    Police opened fire after protesters refused to disperse, reported two AFP journalists, estimating more than 5,000 protesters were present at the rally Tuesday night.

    Messaging apps Telegram, Signal and WhatsApp fell in Kazakhstan early Wednesday morning as thousands took to the streets in cities across the oil-rich country to express their discontent over prices and the government.

    An AFP journalist in Almaty saw some protesters attacking vehicles, including a fire truck.

    Another AFP journalist saw several protesters and several riot police admitted to a hospital in central Almaty with what appeared to be minor injuries.

    Smaller protests have been organized in cities across the country since Sunday, starting with the western city of Zhanaozen.

    Outrage over the increase in the price of LPG

    The initial cause of the unrest was a rise in the prices of liquefied petroleum gas (LPG) in the western energy heart of the country, but a government move to lower prices in line with protesters' demands failed to calm them down.

    President Kassym-Jomart Tokayev tweeted late Tuesday that the authorities had made the decision to cut LPG prices in the western Mangystau region "to ensure stability in the country."

    Independent media reports suggest that his announcement of a new price of 50 tenge (11 US cents) per liter below 120 earlier in the year failed to weaken protests in Zhanaozen and the capital of Mangystau, Aktau, where the images showed thousands of protesters surrounded by police.

    The president also wrote that a government commission had "started work" in Aktau.

    "The commission is instructed to find a mutually acceptable solution to the problem that has arisen, in the interest of the stability of our country," Tokayev said.

    “Law enforcement agencies have been instructed to ensure that public order is not violated. The protesters must show responsibility and a willingness to dialogue ”, he added.

    The Mangystau region relies on LPG as its main fuel for cars and any jump in price would have affected the price of food, which has seen sharp increases since the start of the coronavirus pandemic.

    Zhanaozen was the scene of the country's deadliest unrest since it gained independence from the Soviet Union in 1991, when at least 14 striking oil workers were killed in 2011 when police crushed a protest over pay and working conditions.

    Tokayev took office in 2019, personally chosen as his successor by the founding leader of the central Asian country, Nursultan Nazarbayev.

    But Nazarbayev, 81, who has ruled Kazakhstan since 1989, retains control of the country as president of the security council and "leader of the nation," a title that grants him unique privileges in policy-making as well as immunity from prosecution.

    Source Credit: TheGuardian

  •   No fewer than 800 households in Enugu state received 12 5 kilograms of refilled gas cylinders from Second Coming Nigeria Ltd a distributor of liquefied petroleum gas LPG on Monday The beneficiaries came from Amechi in Enugu South and Agbani in the Nkanu West Local Government Areas of the state Speaking while distributing the cylinders the Company Manager Ms Ogochukwu Ezeonyigbo the Manager said that the gesture was part of her Corporate Social Responsibility Ezeonyigbo said that the company s Managing Director Dr Basil Ogbuanu decided to give back to customers to reduce their difficult situation in purchasing gas for cooking He said the donation was made in collaboration with the state government At present our company distributes 12 5 kg of refilled cooking gas each free of charge to 800 customers in Amechi and Agbani It is our own Corporate Social Responsibility towards our clients he said In his comments Ogbuanu s brother Mr Okenwa Anieke said that the company was customer friendly as people called it Town Gas Plant Anieke said a similar gesture would take place at two other plants at Nike in Enugu East and Achi in the state s Oji River LGA on December 30 1 600 Enugu residents will receive free cooking gas worth more than 12 million naira from its four gas plants in Agbani Amechi Nike and Achi by December 30 It is not surprising because this is not the first time that Ogbuanu has participated in something like this as it has done in Lagos and Umuahia But this one in particular is very important because it will come at a time when gas prices have skyrocketed So this is the right time to appreciate clients to make it easier for them to celebrate and ease that pain said Anieke However some of the recipients expressed satisfaction with the company s benevolence in providing them with free cooking gas One client Mr Charles Ezeoha said he was excited that the gift would ease his plight adding that this was the first time he had benefited from such magnitude I am surprised that a company has even invited people over the radio to collect gas for free I was here at 4 00 am and I am happy I had a 12 5kg cylinder refilled free of charge I m impressed because everything is moving smoothly because of the way it was organized the crowd is under control he said Also a septuagenarian Ms Ifeyinwa Nnaji said she was overwhelmed by the company and prayed for its continued existence Nnaji asked God to support the owner of the company and its survival reports that more than 2 500 people gathered at the company s facilities in Amechi fighting to have their gas cylinders refilled Source NAN
    800 households receive free 12.5kg refilled gas cylinders in Enugu
      No fewer than 800 households in Enugu state received 12 5 kilograms of refilled gas cylinders from Second Coming Nigeria Ltd a distributor of liquefied petroleum gas LPG on Monday The beneficiaries came from Amechi in Enugu South and Agbani in the Nkanu West Local Government Areas of the state Speaking while distributing the cylinders the Company Manager Ms Ogochukwu Ezeonyigbo the Manager said that the gesture was part of her Corporate Social Responsibility Ezeonyigbo said that the company s Managing Director Dr Basil Ogbuanu decided to give back to customers to reduce their difficult situation in purchasing gas for cooking He said the donation was made in collaboration with the state government At present our company distributes 12 5 kg of refilled cooking gas each free of charge to 800 customers in Amechi and Agbani It is our own Corporate Social Responsibility towards our clients he said In his comments Ogbuanu s brother Mr Okenwa Anieke said that the company was customer friendly as people called it Town Gas Plant Anieke said a similar gesture would take place at two other plants at Nike in Enugu East and Achi in the state s Oji River LGA on December 30 1 600 Enugu residents will receive free cooking gas worth more than 12 million naira from its four gas plants in Agbani Amechi Nike and Achi by December 30 It is not surprising because this is not the first time that Ogbuanu has participated in something like this as it has done in Lagos and Umuahia But this one in particular is very important because it will come at a time when gas prices have skyrocketed So this is the right time to appreciate clients to make it easier for them to celebrate and ease that pain said Anieke However some of the recipients expressed satisfaction with the company s benevolence in providing them with free cooking gas One client Mr Charles Ezeoha said he was excited that the gift would ease his plight adding that this was the first time he had benefited from such magnitude I am surprised that a company has even invited people over the radio to collect gas for free I was here at 4 00 am and I am happy I had a 12 5kg cylinder refilled free of charge I m impressed because everything is moving smoothly because of the way it was organized the crowd is under control he said Also a septuagenarian Ms Ifeyinwa Nnaji said she was overwhelmed by the company and prayed for its continued existence Nnaji asked God to support the owner of the company and its survival reports that more than 2 500 people gathered at the company s facilities in Amechi fighting to have their gas cylinders refilled Source NAN
    800 households receive free 12.5kg refilled gas cylinders in Enugu
    General news1 year ago

    800 households receive free 12.5kg refilled gas cylinders in Enugu

    No fewer than 800 households in Enugu state received 12.5 kilograms of refilled gas cylinders from Second Coming Nigeria Ltd., a distributor of liquefied petroleum gas (LPG), on Monday.

    The beneficiaries came from Amechi in Enugu South and Agbani in the Nkanu West Local Government Areas of the state.

    Speaking while distributing the cylinders, the Company Manager, Ms Ogochukwu Ezeonyigbo, the Manager, said that the gesture was part of her Corporate Social Responsibility.

    Ezeonyigbo said that the company's Managing Director, Dr. Basil Ogbuanu, decided to give back to customers to reduce their difficult situation in purchasing gas for cooking.

    He said the donation was made in collaboration with the state government.

    “At present, our company distributes 12.5 kg of refilled cooking gas each free of charge to 800 customers in Amechi and Agbani.

    "It is our own Corporate Social Responsibility towards our clients," he said.

    In his comments, Ogbuanu's brother, Mr. Okenwa Anieke, said that the company was customer-friendly, as people called it, "Town Gas Plant."

    Anieke said a similar gesture would take place at two other plants at Nike in Enugu East and Achi in the state's Oji River LGA on December 30.

    ”1,600 Enugu residents will receive free cooking gas worth more than 12 million naira from its four gas plants in Agbani, Amechi, Nike and Achi by December 30.

    “It is not surprising because this is not the first time that Ogbuanu has participated in something like this, as it has done in Lagos and Umuahia.

    “But this one in particular is very important because it will come at a time when gas prices have skyrocketed.

    "So this is the right time to appreciate clients to make it easier for them to celebrate and ease that pain," said Anieke.

    However, some of the recipients expressed satisfaction with the company's benevolence in providing them with free cooking gas.

    One client, Mr. Charles Ezeoha, said he was excited that the gift would ease his plight, adding that this was the first time he had benefited from such magnitude.

    “I am surprised that a company has even invited people over the radio to collect gas for free. I was here at 4:00 am, and I am happy I had a 12.5kg cylinder refilled free of charge.

    "I'm impressed because everything is moving smoothly because of the way it was organized, the crowd is under control," he said.

    Also, a septuagenarian, Ms. Ifeyinwa Nnaji, said she was overwhelmed by the company and prayed for its continued existence.

    Nnaji asked God to support the owner of the company and its survival.

    reports that more than 2,500 people gathered at the company's facilities in Amechi, fighting to have their gas cylinders refilled.

    Source: NAN

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