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NNPC Records $224.29million Proceeds from Export of Crude Oil, Gas in August

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NNPC distributes 387.5m litres of petrol to normalize supply chains 

NNPC Records $224.29million Proceeds from Export of Crude Oil, Gas in August

The Nigerian National Petroleum Company (NNPC) Limited posted a total of $224.29million receipt from crude oil and gas export in August 2021 as against $191.26million in July 2021.
NNPC Records $224.29million Proceeds from Export of Crude Oil, Gas in August
A breakdown of the figures captured in the August 2021 NNPC Monthly Financial and Operations Report (MFOR) indicates that export of crude oil amounted to $7.77million while gas and miscellaneous receipts stood at $65.26 million and $151.26million respectively.
Total crude oil and gas export receipt for the period of August 2020 to August 2021 stood at $1.84billion.
In the Gas Sector, a total of 233.57billion cubic feet (bcf) of natural gas was produced in the month of August 2021 translating to an average daily production of 7,534.67million standard cubic feet per day (mmscfd).
For the period of August 2020 to August 2021, a total of 2,890.67bcf of gas was produced representing an average daily production of 7,303.61mmscfd during the period.
Period-to-date production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and the Nigerian Petroleum Development Company (NPDC) contributed about 57.51%, 20.88% and 21.62% respectively to the total national gas production.
The report also indicates that out of the 208.64bcf of gas supplied in August 2021, a total of 131.35bcf was commercialized, consisting of 40.22bcf and 91.13bcf for the domestic and export markets respectively.
This translates to an average total supply of 1,297.54mmscfd to the domestic market and 2,939.31mmscfd of gas to the export market for the month.
Total gas supply for the period of August 2020 to August 2021 stood at 2,792.28bcf out of which 537.51bcf and 1,245.93bcf were commercialized for the domestic and export markets respectively.
In the Downstream Sector, a total of 1.532billion litres of white products were sold and distributed by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the NNPC, in the month of August 2021.
A breakdown of the figure indicates that petrol accounted for 99% of total sales, while Automotive Gas Oil (AGO), also known as diesel, accounted for the rest.
Total sale of white products for the period of August 2020 to August 2021 stood at 20.032billion with petrol accounting for 99.81%.
In terms of value, a total sum of ₦203.43billion was made on the sale of white products by PPMC in the month of August 2021.
Total revenues generated from the sales of white products for the period of August 2020 to August 2021 stood at ₦2.619trillion with petrol contributing about 99.76% of the total sales with a value of ₦2.613trillion.
In August 2021, 21 pipeline points were vandalized representing 50% decrease from the 42 points recorded in July 2021.
According to the report, Port Harcourt area accounted for 10%, while Mosimi Area accounted for 90% of the vandalized points.
The August 2021 MFOR, the 73rd in the series, highlights NNPC’s activities for the period of August 2020 to August 2021.
In line with the Company’s commitment to the principles of accountability, transparency and performance excellence, the NNPC Ltd. has continued to sustain effective communication with stakeholders through the publication of the MFOR on its website, in national dailies, and on independent online news platforms.

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Stakeholders Seek Urgent Reforms to Tackle Youth Unemployment at disrupTED EduKate Africa Summit

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Stakeholders Seek Urgent Reforms to Tackle Youth Unemployment at disrupTED EduKate Africa Summit

By Ifeoma Ikem

Stakeholders in Nigeria’s education sector have called for urgent and scalable solutions to address the rising rate of youth unemployment, stressing the need for strengthened technical education and increased collaboration with the private sector to bridge existing skills gaps.

The call was made at the disrupTED EduKate Africa Summit 2026, a one-day leadership forum held at the University of Lagos, where participants examined the growing disconnect between education outcomes and labour market demands.

The summit brought together education leaders, private sector operators and development advocates to promote adaptive learning, practical skills acquisition and innovative financing models for Africa’s education sector.

Experts at the summit strongly advocated increased investment in technical and vocational education, noting that training programmes must reflect current industry realities and evolving labour market needs.

Speakers emphasised that Nigeria’s education system, particularly at the tertiary level, must urgently shift from certificate-driven learning to skills-based and experiential education aligned with global best practices.

Among the speakers were Deby Okoh, Regional Manager at Brunel University of London; Ashley Immanuel, Chief Operating Officer of Semicolon; Olapeju Ibekwe, Chief Executive Officer of Sterling One Foundation; and education advocate, Adetomi Soyinka.

The speakers highlighted the importance of continuous learning, teacher retraining and comprehensive curriculum reform to meet the demands of an increasingly technology-driven global economy.

They stressed that apprenticeship programmes, internships and hands-on training should be fully integrated into academic curricula, noting that over-reliance on theoretical qualifications has widened the employability gap among graduates.

In his remarks, Mr Tosin Adebisi, Director of EduKate Africa and convener of the summit, said the event was designed to challenge what he described as the education sector’s rigid attachment to outdated methods.

Adebisi said innovation must remain central to education reform, adding that stakeholders must rethink teaching methods, learning processes and approaches to solving challenges such as access to education, financing and employability.

He expressed confidence that sustainable solutions could be achieved through strong collaboration across education, private sector and development institutions.

Adebisi, alongside co-Director Mr Francis Omorojie, said the summit aimed at connecting stakeholders working across sectors to close existing skills and opportunity gaps for young people.

The summit also urged parents and educators to promote lifelong learning, critical thinking and adaptability among young people, stressing that education systems must evolve in line with global economic trends.

No fewer than 200 students from the University of Lagos, Lagos State University, Ojo, and other institutions participated in the summit, which was initially expected to host the Minister of Education, Dr Tunji Alausa.

In a welcome address, Prof. Olufemi Oloyede of the University of Lagos emphasised the need to shape young minds through innovation and positive thinking, noting that Africa’s development depends on the strategic use of its human and natural resources, as well as a shift towards creativity and innovation among youths.

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Turning Point: Dr. Chris Okafor Resumes with Fresh Fire of the Spirit

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Turning Point: Dr. Chris Okafor Resumes with Fresh Fire of the Spirit

-Steps onto the Grace Nation Pulpit After a Month-Long Honeymoon Retreat with Renewed Supernatural Power

By Sunday Adeyemi

 

The much-anticipated February 1, 2026 “Turning Point” service of Grace Nation has come and gone, but its impact remains deeply etched in the hearts of Grace Nation citizens across the world. The significance of the day was unmistakable—it marked the official return of the Generational Prophet of God and Senior Pastor of Grace Nation Global, Dr. Chris Okafor, to active ministerial duty as the Set Man of the commission.

 

The date was particularly symbolic, as Dr. Okafor had taken close to one month away from the pulpit following his wedding late last year. The period served not only as a honeymoon but also as a season of rest, reflection, and intimate fellowship with God in preparation for a greater spiritual assignment ahead.

The atmosphere at Grace Nation was electric as the Generational Prophet and his wife were received with a heroic welcome, accompanied by prophetic praise, joyful dancing, and fervent prayers. It was a celebration of return, renewal, and readiness.

 

 

In his opening remarks, Dr. Chris Okafor declared that he had returned to fully pursue the mandate God entrusted to him—winning souls for the Kingdom of God. He issued a strong warning to the kingdom of darkness, stating that light and darkness cannot coexist. According to him, the season ahead would witness intensified spiritual engagement, as the Kingdom of God advances and the forces of darkness lose ground.

“This time,” the Generational Prophet affirmed, “it will be total displacement of darkness, as the light of God shines brighter than ever.”

 

The Message: Turning Point

 

Delivering a powerful sermon titled “Turning Point,” Dr. Okafor explained that a turning point is defined as a moment when a decisive and beneficial change occurs in a situation. He emphasized that such moments are often preceded by battles.

According to him, battles do not necessarily arise because one is doing wrong, but because God desires to reveal His power and teach vital lessons through them. Every genuine battle, he noted, carries divine involvement and purpose.

 

 

Addressing the question “Why must I fight a battle?” Dr. Okafor explained that individuals who carry extraordinary grace often encounter greater challenges. “When you carry what others do not carry,” he said, “the battles that come your way are usually bigger.”

 

Characteristics of a Turning Point

 

The Generational Prophet highlighted that when a person is firmly rooted in God, no storm can uproot them. A strong spiritual foundation ensures that no battle can shake one’s destiny. He explained that prayer does not eliminate battles, but preparation through prayer guarantees victory on the evil day.

“Battles push you into your turning point when you are rooted in the Spirit,” he stated, adding that a prayerful life is essential for sustained victory and elevation.

 

A Supernatural Service

 

The Turning Point service witnessed an extraordinary move of the Holy Spirit in a fresh dimension. Deliverance, healings, miracles, restoration, and diverse testimonies filled the atmosphere as worshippers encountered the power of God during the Sunday service.

 

 

In a related development, Dr. Chris Okafor officially commissioned the ultra-modern church restaurant, Fourthman Foodies, dedicating it to God for the benefit and use of Grace Nation citizens worldwide.

The February 1 service has since been described by many as a defining moment—one that signals a new spiritual season for Grace Nation Global. https://www.facebook.com/share/v/1B2Eh6B6wo/

 

Sunday Adeyemi is a Lagos-based journalist and society writer. He writes from Lagos.

 

Turning Point: Dr. Chris Okafor Resumes with Fresh Fire of the Spirit

-Steps onto the Grace Nation Pulpit After a Month-Long Honeymoon Retreat with Renewed Supernatural Power

By Sunday Adeyemi

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Adron Homes Hails Ondo State at 50, Celebrates Legacy of Excellence

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Adron Homes Hails Ondo State at 50, Celebrates Legacy of Excellence

 

The Chairman, Board of Directors, Management, and staff of Adron Group have congratulated the Government and people of Ondo State on the celebration of its 50th anniversary, describing the milestone as a significant chapter in Nigeria’s federal history and a testament to visionary leadership, resilience, and purposeful development.

In a goodwill message issued to commemorate the Golden Jubilee, Adron Group noted that since its creation in 1976, Ondo State has consistently distinguished itself as a centre of honour, intellect, and enterprise. Fondly referred to as The Sunshine State, the state has produced generations of outstanding professionals, administrators, and national leaders whose contributions continue to shape Nigeria’s socio-economic and political development.

According to the company, the strength of Ondo State lies not only in its rich cultural heritage and intellectual depth, but also in the values of integrity, diligence, and excellence that define its people. These qualities, Adron noted, have remained the bedrock of the state’s enduring relevance and national impact over the past five decades.

Adron Group further commended the state’s renewed drive in recent years towards infrastructure development, economic diversification, industrial growth, and youth empowerment, describing these initiatives as indicators of a forward-looking, inclusive development agenda anchored in sustainability and long-term prosperity.

“As a corporate organisation committed to nation-building and sustainable development, Adron Group recognises Ondo State as a strategic partner in progress,” the statement read. “We commend His Excellency, Lucky Orimisan Aiyedatiwa, Executive Governor of Ondo State, and the leadership of the state at all levels for their dedication to public service and their commitment to the advancement of the people.”

As Ondo State marks its Golden Jubilee, Adron Group joined millions of well-wishers in celebrating a legacy of excellence, strength of character, and promise, while expressing optimism that the next fifty years will usher in greater milestones in economic vitality, social advancement, innovation, and enduring peace.

The company concluded by wishing the Government and people of Ondo State continued progress and prosperity, adding that the Sunshine State remains well-positioned to shine even brighter in the years ahead.

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