Connect with us

Business

72 Illegal Refineries Uncovered In One Week Says NNPC

Published

on

72 Illegal Refineries Uncovered In One Week Says NNPC

72 Illegal Refineries Uncovered In One Week Says NNPC

 

No fewer than 72 illegal crude oil refining sites were uncovered in the past week, the Nigerian National Petroleum Company Limited disclosed in a video report.

The 72 illegal refineries were reportedly discovered and destroyed in Rivers, Delta and Abia states.

On August 18, a vessel was said to have been arrested by men of Operation Delta Safe with 12 suspects on board in the Southern Ijaw area of Bayelsa State.

The tugboat was caught loaded with stolen Shell Petroleum Development Company flow lines, which shows that not only did the thieves break the pipelines in order to connect their pipes, but they also harvested oil pipelines as well,” the NNPC said.

It revealed that the 12 arrested suspects were in custody for further investigation.

It was added that 46 vessel automatic identification system infractions were recorded at sea, while 24 wooden boats conveying stolen crude were apprehended in Rivers and Bayelsa States.

The state-owned energy firm stated that on land, several vehicles loaded with stolen crude were apprehended in Delta, Rivers and Bayelsa States.

In the past week, 33 illegal connections were uncovered in the three states.

Eight cases of oil spill were recorded as a result of vandalism in the period under review, while 12 sites used for storing stolen crude and illegally refined products were uncovered.

From August 17 to 23, 204 incidents of oil theft were recorded by different incident sources.

“47 of the incidents took place in the deep blue water, 10 in the western region, 100 in the central region and 47 in the eastern region,” it was disclosed.

A total of 42 suspects had been arrested in connection with the incident.

 

 

Continue Reading
Advertisement

Business

NLC Pinponts Causes of NNPC, Dangote disagreements

Published

on

NLC Pinponts Causes of NNPC, Dangote disagreements

NLC Pinponts Causes of NNPC, Dangote disagreements

 

The President of the Nigeria Labour Congress, Joe Ajearo, has attributed the current uproar between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy somersault and fraudulent moves by some forces.

Ajearo, who said this to journalists at the Murtala Muhammed Airport Terminal ll, in Lagos on Wednesday, further described what has been going on between the Dangote and the NNPC as uncalled for, stressing that in a deregulated economy there should be choices and competition.

He quarried the basis for regulating what Dangote is to sell, insisting that deciding for the private sector on how or what should be sold is an act of fraud.

“For a product produced here, he didn’t import with dollars, there was no landing cost and they wanted him to sell it at the same cost as the one they are bringing from abroad. That is fraudulent and unacceptable.”

 

 

“What you are seeing is fraudulent and policy somersault. Nigerians were made to believe that the sector has been deregulated and in a deregulated arrangement there should be choices and competition. So why are you now attempting to regulate how much Dangote should sell his product? Why?

“When Port Harcourt refinery comes up, let NNPC sell, let Dangote also sell but when you now begin to regulate how much Dangote should sell, that is fraudulent.

“This is the time for Nigerians to speak up. They told us that when they deregulate the economy, the private sector will direct the economy and the government will have no business in business. Now, they are trying to regulate how or what to sell by the private sector.

 

 

“They want him to sell the product at the same price as when it was imported.  For a product he produced here without landing cost and you want him to sell it at the same rate as the one imported, that is fraudulent,” he stated.

 

Continue Reading

Business

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Published

on

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

 

Adron Homes & Properties is excited to announce the official unveiling of the 7th edition of the Adron Games, tagged “Fit to Be the Biggest”. The 2024 edition is set to take place at the renowned Lekan Salami Stadium, Adamasingba, Ibadan, from November 29th-30th, 2024, marking the second time the city of Ibadan will host the prestigious sporting event.

The Adron Games is a national platform designed to promote physical fitness, wellness, and community engagement through sports. Having previously held successful editions in Ogun and Lagos states, the 2024 edition is expected to attract over 10,000 athletes and fitness enthusiasts from across Nigeria.

The theme of this year’s Adron Games, “Fit to be the Biggest”, perfectly captures the spirit and ambition of the event. It signifies both the physical and metaphorical journey to greatness, where athletes, fitness enthusiasts, and even spectators are encouraged to embrace the challenge of becoming their best selves—physically, mentally, and competitively.

The theme also promotes the idea that fitness is essential to achieving greatness, whether through competitive sports or in everyday life. It motivates participants to push their boundaries and excel, whether on the field, court, or track, and ultimately reminds them that the journey toward fitness and excellence never stops.

This year’s games will feature a wide array of sporting disciplines, including Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and the fan-favorite Tug of War.

In a special highlight, Nigerian football legends Daniel Amokachi and Mutiu Adepoju have been announced as the official ambassadors of the event. Both are renowned for their contributions to Nigerian football and are expected to inspire athletes and spectators alike with their presence.
Key Event Highlights:
• Event Dates: November 29th-30th, 2024
• Venue: Lekan Salami Stadium, Adamasingba, Ibadan
• Ambassadors: Daniel Amokachi, Mutiu Adepoju, Vanessa Jones and MC Relax
• Sporting Events: Football, Basketball, Volleyball, Athletics, Table Tennis, Snooker, Shot Put, Long Jump, E-sports, and Tug of War
• Special Guests: Sports icons, fitness personalities, and celebrity appearances
• Participants: Over 10,000 athletes and fitness enthusiasts
• Prizes: Cash prizes, trophies, and awards for winners in various categories
Speaking at the unveiling, Daniel Amokachi emphasized the importance of corporate sponsorship in fostering young Nigerian talents, praising Adron Homes for their commitment to promoting sports.

He said “Sports in Nigeria need more support from businesses and brands to help discover and nurture talents among our youth. Organizations like Adron Homes, through their consistent support of sports, are boosting Nigeria’s global sports performance,” Amokachi said.

Meanwhile, Mutiu Adepoju lauded the unifying and transformative power of sports and commended Aare Adetola Emmanuelking, Group Managing Director of Adron Homes, for his unwavering commitment to organizing this event annually. “Sports is a powerful tool for unity and fitness, both physically and mentally. I commend Aare Adetola Emmanuelking for his continuous support of sports by organizing this prestigious event. His dedication is vital to the development of sports and the empowerment of youth in Nigeria,” Adepoju remarked.

it will be recalled that, Adron Games is an annual sporting event organized by Adron Homes & Properties to promote physical fitness, wellness, and community engagement through sports. Since its inception, the event has grown into a major national platform, bringing together thousands of athletes, corporate teams, and fitness enthusiasts in the spirit of competition and fun.

Adron Homes, through this sporting event, encourages everyone to view fitness and sports as key to unlocking personal and communal growth, building healthier lifestyles, and fostering unity across different regions, backgrounds, and demographics. “Fit to be the Biggest” represents not only the size and scope of the event but also the opportunity for everyone involved to elevate themselves and inspire others through the power of sport.

For more information, sponsorship, vendor registration and inquiries, please contact: Abiodun 08138432335

Adron Games 2024 Unveiled: ‘Fit to Be the Biggest’ with Sports Icons Daniel Amokachi and Mutiu Adepoju Leading the Charge

Adeboye Abiodun
Mnipr, Acicrm
Digital Operations and Media Relations Officer
Adron Homes and Properties Limited.
08138432335

Continue Reading

Business

Three marketers to import 141m-litres petrol By Shonibare Timilehin 

Published

on

NNPC cautions motorists, others against panic buying

Three marketers to import 141m-litres petrol

By Shonibare Timilehin 

 

Three major oil marketers are expecting vessels of imported Premium Motor Spirit, popularly called petrol, this week barring any unforeseen circumstance, it was gathered on Tuesday.

Dealers said about 141 million litres of PMS are being conveyed to Nigeria by the vessels following the full deregulation of the downstream oil sector by the Federal Government.

They also noted that the recent hike in the pump prices of petrol produced by the Dangote Petroleum Refinery and released by the Nigerian National Petroleum Company Limited on Monday had allowed room for PMS imports.

Continue Reading

Cover Of The Week

Trending