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Buhari Visit Will Fast Track Completion Of $1.5bn Lekki Deep Seaport – Amaechi

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The Minister of Transport, Rotimi Amaechi yesterday said that the visit of President Muhammadu Buhari to the $1.5billion Lekki deep seaport will mount pressure on the developers to fast track the completion of the project
The President who came into the first deep Seaport in Nigeria after commissioning Dangote fertilizer located a few kilometers away from the deep seaport, inspected the breakwater, quay wall, and other landside facilities of the port.
The Lekki Deep Seaport, when operational, will help regain lost cargoes from neighboring Benin Republic, Togo, Ghana, and other African countries.
Speaking earlier, the Minister of Transportation, Rotimi Amaechi, said the president toured the deep Seaport, to publicize the project to Nigerians.
He said after the completion of Lekki Port, the federal government would begin construction of Bonny Deep seaports after completion of the Lekki Deep Seaport.
 “I am convinced that we would commence work in Bonny’s deep seaport before we leave Office. Also, Ibaka Deep Seaport has gotten the government’s approval and we are fast-tracking the approval of Badagry Deep Seaport, so they can also get their own approval.
“By the time we leave office, all those people who would have been granted approval are all private seaports. The only one that government will participate in on its own is the Bonny seaport.
He, however, said that the deep seaports are almost ready as the cargo handling equipment will be ready in June while commercial operations will begin in September.
“The reason for asking the president to come to Lekki Port is to publicize the seaport so that people will know this Government is building the first deep seaport in Nigeria. The other ports in Nigeria are all river ports.
“The next reason for the president coming, is also to put the heat on them (promoters), you know that the port is almost ready, if not for the equipment, they can actually get this place ready before June, but they said the equipment is arriving by June 2022 and installation will take them till September and then it can be commissioned in September,” he said.
Also speaking, Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko, said the Lekki Deep Seaport, which has been under construction for years, would help regain lost cargoes from neighboring Benin Republic, Togo, Ghana, and others.
He stated that the Seaport will be ready for a test run in September, after which the first commercial vessel can be received at the port.
“Some of the businesses we have lost to other neighboring West African countries due to drought limitation will be regained.
“There will be employment creation and increased revenue for the government. It will create competition and compel other terminal operators to up their games to reduce cargo dwell time at their terminals. Apapa and Tin-Can Island Ports have been operating far beyond their capacity which means that the excess cargoes that have been going there would be diverted to Lekki Port,” he explained.
According to him, the port is located on about 90 hectares of land, is supposed to have three container terminals, and will be the first automated port in Nigeria that will enable the speedy clearing of goods.
Bello-Koko, who noted that the commencement of Lekki Port will reduce the rate of traffic at Apapa and Tin-Can Island Ports, said there will be Ship-to-Shore (STS) cranes that will enable faster processing of goods.
On the connectivity of the port to the rail line, Bello-Koko said there is already a plan and the Minister of Transportation has given the Nigerian Railway Corporation a directive to carry out a survey on the possibility of linking the port to the Lagos-Ibadan railway.
Also speaking, the executive secretary of the Nigerian Shippers Council (NSC), Emmanuel Jime explained that the Lekki port will change the face of maritime in Nigeria.
“From the point of view of an economic regulator, it has been something we have been looking forward to. We have dreamt that this day would come for a number of very important reasons. We have to understand that because of the draft that we are going to have here at this Lekki seaport and for the first time in our maritime domain, we are going to have the kind of vessels that have never birthed in our ports.
“So this is the first deep seaport we are having in our country. From that perspective alone, that gives us the comfort and recognition that as far as the economies of scale are concerned, we are going to have a boost in commercial activities in ways that we have never envisaged and experienced before.
“We at the Shippers council are indeed very happy to see this port happening. Because of the automation that this port will provide, businesses will be conducted in a way and manner that is efficient and service delivery will be done in a way that it will be cost-effective,” he added.

BIG STORY

Emefiele Loses Warehouse Built On 1.925 Hectares To Federal Government

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The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of a warehouse linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN).

According to The Guardian, top sources revealed that Justice Deinde Dipeolu of the Federal High Court in Lagos issued the forfeiture order on Thursday, December 19, 2024, with the property forfeited to the Federal Government of Nigeria.

The warehouse, built on a 1.925-hectare piece of land located at Km 8 along the Lagos-Ibadan Expressway in Magboro, contained 54 general-purpose steel containers.

The containers were filled with various types of sewing machines.

Earlier, on November 28, the judge had ordered the interim forfeiture of the assets after the Commission filed an application for their forfeiture.

Following the court’s directive for the EFCC to publish the order in two national newspapers, allowing any interested party to show cause why the assets should not be finally forfeited, the Commission later returned to court to request the final forfeiture of the assets.

According to the source, the court also ordered the forfeiture of the land on which the warehouse is situated to the government.

“At the resumed hearing of the matter on Thursday, EFCC Counsel, Rotimi Oyedepo, SAN, told the court that the EFCC had complied with the court’s directives to publish the assets in two national newspapers,” the source said.

“Citing Section 44(2)(B) of the constitution and Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act 2006, he prayed the court to grant the final forfeiture of the assets.

“Justice Dipeolu granted the order, making the forfeiture another milestone in the asset recovery drive of the EFCC.”

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BIG STORY

10 Feared Dead, Several Others Injured At Catholic Church’s Palliative In Abuja

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A stampede at the Holy Trinity Catholic Church in Maitama District of Abuja on Saturday morning has resulted in several deaths and numerous injuries.

The tragic incident occurred during a palliative distribution event organized by the church to assist struggling residents.

It was reported that chaos erupted as thousands of residents rushed to receive relief items, leading to the deadly crush.

Over 3,000 people, including children, mostly from nearby areas such as Mpape and Gishiri Village, had gathered for the event before the unfortunate incident took place.

Mike Umoh, the National Director of Social Communications at the Catholic Secretariat of Nigeria, confirmed the incident.

“Yes, it’s true, but the details are sketchy,” he said in a brief statement.

On the same Saturday, a stampede in Okija, a community in Ihiala Local Government Area of Anambra State in Nigeria’s South-east, also left many people dead.

According to Premium Times, witnesses reported that the victims had gathered to participate in the distribution of bags of rice donated by a well-known entrepreneur, Ernest Obiejesi, commonly referred to as Obijackson.

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NNPC Denies Misleading Report, Insists Port Harcourt Refinery Operational

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  • says product loading ongoing

 

The Nigerian National Petroleum Company Limited (NNPC) has affirmed that the renovated Port Harcourt refinery is fully operational.

The state-owned oil company clarified that preparations for loading operations were ongoing as of Saturday.

This clarification was made in a statement by Olufemi Soneye, the NNPC’s Chief Corporate Communications Officer, on Saturday.

Soneye was responding to reports suggesting that the refinery had halted loading petroleum products just one month after its reopening.

He confirmed that the refinery is fully functional, with a recent verification by former NNPC Group Managing Directors.

An earlier report by Saturday Punch said that less than a month after the Port Harcourt Refining Company appeared to have resumed production, the facility had stopped working.

Reacting, Soneye said preparation for today’s loading was ongoing at the time of sending out the statement.

“The attention of the Nigerian National Petroleum Company Limited has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down.

“We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC.

“Preparation for the day’s loading operation is currently ongoing,” he said in the statement.

He urged members of the public to disregard the report saying the malicious reports were the work of individuals attempting to create artificial scarcity and exploit Nigerians.

“Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians,” he stressed.

Olatunji Grace, a social media user with the handle @Tunjigrace, expressed her frustration, questioning the intentions of those who wish for things to go wrong in Nigeria.

She criticised individuals who discredit positive developments, stating, “Who are these people?

Does any other nation have such unfortunate citizens who pray for failure?”

She also expressed disappointment in a report by Punch Newspaper, describing it as “devilish and stupid journalism” that hides behind the guise of a “report.”

Another user, Patrick @Williamskane4, accused news media organisations of working with opposition political parties to spread fake news and misinformation.

He stated, “In collaboration with some opposition political parties, they spread lies, making propaganda their trade.”

Meanwhile, another user, Sarki @Waspapping_, defended the Old Port Harcourt Refinery’s operations, stating that the refinery is fully functional.

He questioned why some individuals and media outlets were spreading false narratives about shortages, claiming they aimed to exploit Nigerians.

Sarki emphasised that such misinformation benefits those who profit from scarcity and high prices and urged Nigerians to see through the lies and support local production efforts.

For decades, efforts to revive the Port Harcourt Refining Company (PHRC) seemed insurmountable. However, under Mele Kyari’s leadership, the once-elusive goal has been realised, signalling a critical step toward achieving energy self-sufficiency. This success is not only a milestone for the NNPCL but a testament to Kyari’s resolve to transform Nigeria’s energy landscape.

The Port Harcourt Refinery Company in Eleme is a sprawling facility divided into a 60,000-barrel-per-day-old refinery, and a new one capable of refining 150,000 barrels per day. The old refinery, operational since 1965, is Nigeria’s first refinery and had remained idle since 1990 when the newer unit became the primary production hub.

After over 30 years of dormancy, the old Port Harcourt refinery, which has a unique configuration where one barrel of crude oil yields a maximum of 23–24 per cent gasoline, was recently reopened by the NNPC Limited amid shock by forces against the revival of the country’s four refineries.

After the $1.5 billion approved by the Federal Government in 2021 for the comprehensive rehabilitation of the refinery had been judiciously spent, the NNPCL under Kyari’s sound leadership, reopened the Old Port Harcourt Refinery on Tuesday, November 26, 2024.

Today, the old Port Harcourt refinery is currently producing straight-run gasoline (Naphtha) blended into 1.4 million liters of PMS daily; 900,000 liters of kerosene; 1.5 million liters of Automotive Gas Oil (Diesel); 2.1 million liters of Low Pour Fuel Oil (LPFO), and additional volumes of Liquefied Petroleum Gas (LPG), also known as cooking gas.

Attempts by sceptics to rubbish the achievement recorded with the 60,000-barrel-per-day Port Harcourt refinery had been roundly repudiated by the NNPCL, workers at the refinery, experts, and delegates from the Presidency, Nigeria Labour Congress, Trade Union Congress, Petroleum and Natural Gas Senior Staff Association of Nigeria, and Nigeria Union of Petroleum and Natural Gas Workers.

 

Credit: The Punch

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