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Petrol Production Begins At Port Harcourt Refinery After Christmas Holiday — FG

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The Federal Government has reassured Nigerians that production of petrol and liquefied natural gas (LNG) at the Port Harcourt Refinery will restart after the Christmas holiday.

The confidence is based on the Nigerian National Petroleum Company Limited’s (NNPCL)’mechanical completion and flare start-up’ of Phase one of the 210,000 barrels per day (bpd) refinery.

The facility’s testing is claimed to be ongoing.Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Ekperikpe Ekpo, NNPCL Group Chief Executive Officer Mele Kyari, NNPCL Board Chairman Pius Akinyelure, and Port Harcourt Refinery Managing Director Ibrahim Onoja made the announcement during a media tour of the refinery in Eleme, Rivers State.

The tour coincided with the 15th Rehabilitation SteerCo meeting.

Lokpobiri told reporters that with the  Phase One  now ready, efforts would be geared towards the completion of the  Phase Two of the facility in the last quarter of next year.

He said: “The mechanical part is completed and this is the beginning of the completion of not just this Port Harcourt Refinery phase one and two, but the one for Warri, and then the one in Kaduna, so that we would be able to benefit from this massive investment that the country has made.”

Also, Ekpo said with the commencement of petrol production after Christmas, there will be more LPG(cooking gas) supply to the Nigerian market.

He added: “The good news equally to LPG users that as the refinery commences after Christmas, we will have  sufficient supply of LPG which will reduce the import at that level.”

NNPCL boss Kyari explained that the refinery pumps had been rehabilitated to allow the circulation of crude within the facility.

He said: “It is just to thank the team for doing great work and for keeping the promise we made to over 200 million Nigerians, and we know that this is a promise we can keep.

“We have a competent contractor and subcontractors. Our staff members are extremely determined to deliver on this project, and today, it is a promise fulfilled. Phase Two will be completed in the last quarter of 2024..

“We know all the scepticism that is in the public space but today has shown that we can fulfill commitments. NNPC is here to deliver value and we will get things done going forward.

“We have done a great deal of work to get the refinery to work. Our team has been working 24 hours a day and we are happy with the results we have today.”

NNPCL Board Chairman  Akinyelure, who described the completion of Phase One as “historic,” said he promised President Bola Tinubu that the refinery would be ready by the end of this year

He said: “I am here this morning to witness this historic ceremony on the mechanical completion of the Port Harcourt Refinery. We are proud of the staff and entire management of the refinery. We will be at the highest level of production, and if possible export part of our production.

“Doubts had been expressed by several Nigerians about the ability of NNPCL to make this facility available to support the distribution of fuel in the country. But today, I see them happy.”

Onoja also said the mechanical completion of the refinery was historic in that it would help buoy the nation’s economy.

He said:  “Today is a very happy day for me. I was part of the story from the beginning. We had a Presidential directive to get the refinery working. The NNPCL Group CEO asked us to give him an unassailable process that will not fail.

“We set governance in process and got the best team to do the work. We created a transparent project. We have 118 pumps in this first phase, the columns were filled and it will produce 60,000 barrels per day. It will create jobs and earn forex for the country.”

* Tinubu   a promise keeper, says FNM

The Future Nigeria Movement (FNM) welcomed the completion of the Phase One of the facility. It  described President Tinubu as a promise keeper

Its Leader Livingstone Wechie, said the turnaround was hitherto used by some agents of the Federal Government to siphon billions of dollars but that Tinubu ended such practice by ensuring its completion.

The  Port Harcourt refinery comprises two units, with the old plant having a refining capacity of 60,000  bpd and the new plant 150,000 bpd.

It was shut down in March 2019 for the first phase of repair works after the government secured the services of Italy’s Maire Tecnimont to handle the scoping of the complex, with oil major Eni appointed technical adviser.

In 2021, NNPC Ltd. said repairs had started after the Federal Executive Council approved $1.5bn for the project.

The refinery had over the years performed below optimal levels which resulted in the importation of petroleum products for domestic use for many years to cover for the gap in the refinery’s output.

*Dangote refinery receives another  one million barrels of crude

Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the receipt of an additional one million barrels of bonny light crude from the NNPCL.

About a week ago, the refinery received one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO).

Managing Director of Dangote Ports Operations, Mr Akin Omole told reporters at the Dangote Quay, Ibeju-Lekki, Lagos that the facility was expecting more supplies before the end of this year.

Designed for 100 percent Nigerian crude, the 650,000 bpd refinery can process most African crude grades as well as Middle Eastern Arab Light and even US Light tight oil.

BIG STORY

Yahaya Bello: EFCC Confirms Refund Of $760,000 From American International School Abuja

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The American International School in Abuja has reimbursed the Economic and Financial Crimes Commission (EFCC) for the amount of $760,910 that it was previously paid by former Kogi State Governor Yahaya Bello for his children’s advanced school fees.

Dele Oyewale, the EFCC spokesperson, verified this on Saturday.

The school requested the anti-graft agency’s “authentic banking details” in a letter dated October 24, 2022, in order to pay the reimbursement “as part of investigation into the alleged money laundering activities by the Bello family.”

The sum of $845,852 was said to be paid to the school between September 2021 and October 2022. The school said it deducted the educational services rendered between the period, with the remaining amount being $760,910.

The EFCC is prosecuting Bello on 19 counts bordering on alleged money laundering, breach of trust, and misappropriation of funds to the tune of N80.2 billion. The matter is before Justice Emeka Nwite of the Federal High Court in Abuja.

EFCC chief Ola Olukoyede, who vowed to prosecute Bello or resign, alleged that the embattled ex-governor withdrew $720,000 from the state’s accounts to pay his child’s school fees in advance just before he left office on January 27, 2024.

The anti-graft commission had declared Bello wanted after his successor, Governor Usman Ododo allegedly whisked him away on April 17, 2024, preventing EFCC operatives to arrest him (Bello) when they laid siege to his Abuja residence.

Meanwhile, a Kogi State High Court sitting in Lokoja has ordered EFCC chairman to appear in court on May 13, 2024, to show cause why an order of committal should not be made against him for allegedly disobeying court order.

The EFCC boss is facing a contempt charge for carrying out “some acts upon which they (the EFCC) have been restrained” by the Court on February 9, 2024, pending the determination of the substantive Originating Motion.

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Yahaya Bello: Kogi Court Summons EFCC Chairman Olukoyede Over Alleged Contempt

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Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), has been directed by a Kogi State High Court in Lokoja to appear in court on May 13, 2024, to provide justification for not having an order of committal placed against him for allegedly defying a court order.

A contempt charge has been brought against the EFCC chairman for executing “some acts upon which they (the EFCC) have been restrained” by the Court on February 9, 2024, while the Originating Motion’s merits are being determined.

Justice I. A. Jamil, delivering a ruling in Suit No: HCL/68M/2024 and Motion No: HCL/190M/2024, ordered that “the said act was carried out by the Respondent (EFCC) in violation of the order, which was valid and subsisting when they carried out the act. That same act of the Respondent amounts to Contempt.

EFCC operatives had laid siege on the residence of the immediate past Governor of Kogi State, Alhaji Yahaya Bello, as early as 8 am on April 17, 2024, with a bid to arrest him, despite a court order restraining them from taking such action, pending the determination of the Originating Motion.

Justice Jamil’s order was based on a motion ex-parte filed by Yahaya Bello through his lawyer, M.S. Yusuf, where he prayed to the court for an order to issue and serve the Respondent (EFCC Chairman) with Form 49 Notice to show cause why Order of committal should not be made on Olukoyede.

Having listened to the arguments of the Applicant’s counsel, the submission and the exhibits attached in the Written Address, Justice Jamil granted Yahaya Bello’s prayers and ordered Olukoyede to be summoned to appear before the court to answer the contempt charge.

Delivering his order on the motion on April 25, 2024, Justice Jamil said, “The applicant’s application before me is to the effect that the Respondent has carried out some acts upon which they have been restrained by this Court on the 9th of February, 2024, pending the determination of the substantive motion on Notice before this Court.

“That the said act was carried out by the Respondent in violation of the order which was valid and subsisting when they carried out those acts. That same acts of the Respondent amount to acts of contempt.

“That the Respondent should be summoned to appear before this Court to answer to the contempt charge.

“It’s against the above facts that this Court hereby grants the prayers sought in line with the principle of “Audi Ultra Patem”. To wit:

“An order of this Honourable Court for the issuance of Form 49 Notice to show cause why an order of committal should not be made against the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC).

“An order for service of Form 49-Notice to show why an order of committal should not be made on the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC) at EFCC Corporate Headquarters, Plot 301/302, Research and Institution District, Abuja.

“This matter is adjourned to the 13th of May, 2024 for the Respondent’s Chairman to appear before this Court in answer to form 49 ordered to be served on him.”

 

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Naira Depreciates Because I Was Out Of The Country — Odumeje

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The Mountain of Holy Ghost Intervention and Deliverance Ministry’s Prophet Chukwuemeka Ohanemere, popularly known as Odumeje, declared that he had returned to Nigeria in an effort to halt the dollar’s appreciation relative to the Nigerian Naira.

Odumeje, in a video recorded at the airport while returning from London, boasted: “This is Indaboski Bahose. The war and the battle. A man full of power and activities. The only man who tells you, “I will bring down a dollar,” and he gets it done. When I left the country, dollar began to rise; now, I am back, I will continue where I stopped.”

In a video recording of one of his church programmes a few weeks ago, the self-acclaimed prophet had claimed that the exchange rate of dollar to naira came down because of one of his powers, which he dubbed ‘Abidoshaker.’

His claims came on the heels of the Nigerian currency’s significant gains after exchanging at N1,920 per dollar.

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