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FG Declares War On Vandals, Oil Thieves As Aregbesola Commissions 8 Newly Acquired Gunboats

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Aregbesola

FG Declares War On Vandals, Oil Thieves As Aregbesola Commissions 8 Newly Acquired Gunboats

Aregbesola

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The Federal Government has vowed to bring down its might on vandals and oil thieves who are sabotaging the nation’s economy, this is also as it charges the security forces to collaborate to end the scourge.

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The Minister of Interior, Ogbeni Rauf Aregbesola made the declaration at the commissioning of eight gunboats acquired for use by the Nigeria Security and Civil Defence Corps (NSCDC) in Port Harcourt, Rivers State on Tuesday, 30 August, 2022.

 

 

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“Those who steal crude oil not only deny the country of the much needed revenue, they sell the stolen goods at discounted prices, well below the market value. This black market creates a glut and forces down the official price. They have therefore made Nigeria to suffer the double jeopardy of loss in revenue and drop in value of the product.

“President Muhammadu Buhari, GCFR, has given us the resources and the marching order to take the war to them. As a step in this direction, the Federal Government is taking adequate steps to equip relevant security agencies and, by extension, the NSCDC, which is the lead agency in the protection of critical national assets and infrastructure,” the minister stated.

 

 

 

 

 

 

 

 

The Minister further stated that the government is not oblivious of the dangers crude oil theft portends for the country, stating that the value of such theft is estimated to be in its billions.

“In the latest estimate, billions of dollars are lost to oil thieves and vandals. There is no gainsaying the fact that the Federal Government is committed and determined to curb the menace of oil theft which is bleeding the economy mindlessly, a development which has led to a drop in the earnings of the government. This unhealthy development has equally led to environmental pollution and other health hazards recorded in places where crude and refined products have been unleashed on the environment from broken pipes.

 

 

 

 

 

 

 

“Government is not oblivious of the danger the above scenario poses to national security and socio-economic development. No responsible government would sit down helplessly and watch this reckless display of brigandage by a few unpatriotic and criminally minded individuals who put personal interest above any other consideration,” Ogbeni Aregbesola informed the public.

Speaking at the event, the Commandant General of the NSCDC, Abubakar Audi, mni, declared the Corps’ readiness to put an end to pipeline vandalism and pillaging of the nation’s resources.

 

 

 

 

 

 

“Let me use this medium to assure the Federal Government and the good people of this great country, that the Corps is determined more than ever before and fully committed to the war against oil theft and illegal oil bunkering and will therefore make judicious use of this operational equipment to take the war to the doorstep of these economic brigands and saboteurs.

“I have directed continued strengthening of effective synergy with the military, relevant sister agencies as well as other stakeholders in our avowed commitment to checkmate the ugly trend,” the Commandant General stated.

 

 

 

 

 

 

Also speaking at the event, the Garrison Commander, 6 Division of the Nigeria Army, Brig. Gen. S. S. Tilawan, said the war has the assurance of the Nigeria Military, noting that they will continue to support the fight against illegal bunkering of Nigeria’s crude oil product whilst strengthening the collaboration between the military and the NSCDC.

Also at the event were the Commissioner of Police, Rivers State Command, Eboka Frank; Sector Commander, FRSC, Umar Salisu; Commander, River State Command, NDLEA, Ahmed Mamnda; members of other security outfits and senior officers in the NSCDC.

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Keep your mouth shut, you are the real criminal, you don’t have respect for elders, Prophet Ikuru blasts Yahaya Bello

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By Collins Nkwocha

 

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The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos  has blasted the former governor of Kogi state, Yaya Bello for evading arrest and making nasty comments about the government and EFCC.

 

The prophet was visibly angry that Bello went into hiding and started attacking the government and EFCC with nasty words.He said “yaya Bello does not have respect for elders,in facts he’s not fit to contest for any political position in Nigeria or hold any political position in Nigeria anymore, he’s a real criminal,yet, he’s still talking, he doesn’t not have respect for elders.Ododo should also be punished for aiding a criminal”

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Bello was declared wanted by EFCC after evading arrest, he’s been on fugitive since then,many people advised him to submit himself for investigations and clarifications.Nigerians are eagerly waiting to see how this saga will end.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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Education

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

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JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

 

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Sahara Weekly Reports That The Federal Government has reportedly shut down Lead British School following the bully of a student named Namitira in the Abuja-based institution.

 

 

 

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

 

 

 

 

Two videos showing the student reportedly named Namtira being manhandled went viral on social media on Tuesday.

 

 

 

 

 

 

 

In one of the videos, the victim was seen being slapped repeatedly by another female student while asking “Who broke my heart?”

 

 

 

 

 

 

 

In another video, the victim was seen sitting next to a male classmate who was heard saying “I spoilt her relationship”.

 

 

 

 

 

 

 

Furthermore, the minister of women affairs has visited the school to address the situation. In a follow up video recorded this morning, the culprit was seen being slapped by a woman who is said to be the victim’s aunty.

 

 

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