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Pipeline vandalism: FG Devises New Means Of transporting crude oil

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Pipeline vandalism: FG may transport crude oil via trucks

Pipeline vandalism: FG Devises New Means Of transporting crude oil

 

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The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and trucks for the transportation of crude from the point of production to injection/storage points for eventual transportation to export terminals.

It said the Alternative Crude Oil Evacuation Systems was implemented to avoid production deferment, losses and other undesirable consequences as a result of pipeline disruption and outages.

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This is contained in a new presentation by the Nigerian Upstream Petroleum Regulatory Commission on “Stability in the Nigerian Energy Sector: Integrated Strategies for Infrastructure, Transportation and Security,” obtained by our correspondent in Abuja on Sunday.

Nigeria loses trillions of naira to crude oil theft and pipeline vandalism annually, a development that made the government consider virtual means of transporting the commodity.

 

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In October 2023, The PUNCH reported that the Senate ordered a comprehensive probe into the activities of security forces and organised groups employing sophisticated techniques to steal crude oil in the country.

The report stated that the decision was prompted by a motion put forth by Senator Ned Nwoko (PDP, Delta North), who reeled out data on what Nigeria loses to pipeline vandalism and oil bunkering.

Nwoko had pointed out that Nigeria lost N2.3tn to oil theft in 2023 alone.

 

“In March 2023, Nigeria incurred a substantial loss of 65.7 million barrels of crude oil, valued at $83 per barrel, translating to a staggering revenue loss of N2.3tn as a result of oil theft,” the senator stated.

To tackle this, the NUPRC said the government had to promote the Alternative Crude Oil Evacuation Systems by transporting the commodity through trucks and barges instead of pumping them through pipelines.

It stated that through collaboration with industry stakeholders, the Nigerian Upstream Petroleum Regulatory Commission had sustained its commitment in implementing targeted initiatives and various measures to combat vandalism and crude oil theft.

It said, “Through increased surveillance and deployment of security forces, the upstream industry has in recent times increasingly enhanced the protection of oil and gas infrastructure from criminal syndicates who often target oil and gas installations to siphon off crude oil for illegal sale.

 

“The activities of the syndicates has led to revenue losses for the government, oil companies and other stakeholders, increased cost of production, as well as far-reaching environmental consequences and demarketing of the nation’s global competitiveness.

“The commission has therefore promoted the implementation of Alternative Crude Oil Evacuation Systems to avoid production deferment and losses and other undesirable consequences as a result of pipeline disruption and outages.

“This virtual means of evacuation mainly involves the utilisation of barges and trucks for the transportation of crude oil from the point of production to injection/storage points for eventual transportation to export terminals,” the commission stated in the document.

 

 

According to the NUPRC, the ACOES provides a flexible and cost-effective crude oil transportation system for new entrants into the industry, such as the new PPL (Petroleum Prospecting Licence) holders, during Extended Well Test and early production phases.

It said, “For the new entrants, the ACOES provides a temporary solution for crude oil evacuation before the establishment of permanent evacuation infrastructure, such as pipelines or export terminals.

“Through properly laid down regulatory requirements, permitting and approval processes, documentation, accounting of produced volumes, synergy with the Nigerian Navy and other relevant security agencies, the commission has ensured safe and secured barging and trucking operations in the upstream oil and gas industry.

“Indeed, a lot of gains have been achieved through the alternative evacuation systems. The most evident is the NCTL line which recorded as much as 90 per vent production loss last year due to crue theft. In Q1 2024 alone, over three million barrels of crude was evacuated and exported through NCTL as a direct impact of proper deployment of the virtual pipelines.”

The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, commended the government for coming up with measures to tackle oil theft.

He noted that the revenue loss from oil theft was humongous, adding that any measure being adopted to halt this would go a long way in shoring up Nigeria’s earnings from crude oil.

“Nigeria earns a bulk of its foreign exchange from the sale of crude oil, so it is important for the government to continue to come up with ways to tackle the menace of oil theft and we encourage them in this,” he stated.

 

 

@PUNCH

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STANDARD PROFILE OF DR. JERRY IKECHUKWU IGWILO BY: CHINEDU NSOFOR

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STANDARD PROFILE OF DR. JERRY IKECHUKWU IGWILO

BY: CHINEDU NSOFOR

 

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Dr. Jerry Ikechukwu Igwilo is one person who has stood out in the dynamic world of finance and entrepreneurship given to innovation, strategic thinking, and leadership. With a career spanning over two decades, Dr. Igwilo has amassed a wealth of experience and expertise across various sectors, demonstrating a remarkable ability to drive growth, foster partnerships, and deliver exceptional results.

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Academic Journey

Dr. Jerry Ikechukwu Igwilo’s journey towards becoming a seasoned entrepreneur and financial expert began with a strong academic foundation. He obtained his Ph.D. in Economics and Management Sciences from the University of South Africa (UNISA) in 2019, and aslo a Doctorate Honoris in International Business Management from American Trinity University in the USA in 2018. His academic pursuits also include an LLM in International Commercial Law from Salford Business School, University of Salford ‐ Manchester in 2017, and an MBA Exchange Programme from the prestigious London Business School (LBS) in 2008.

Professional Endeavors

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Dr. Jerry Igwilo’s professional trajectory is marked by notable achievements and leadership roles across various organizations:

Co-founder and CEO Africa, Wynk Group Limited (2019 – Present): At Wynk Group Limited, Dr. Igwilo spearheads the innovation strategy of the group, particularly focusing on the African market. He excels in investor relationship management and strategic partnership management, driving the expansion of the business across the continent.

CFO, Heyden Group of Companies (2015 – Present): As the Chief Financial Officer of Heyden Group of Companies, Dr. Igwilo plays a pivotal role in driving the strategic and financial investment direction of the holding company and its subsidiaries. He is instrumental in engaging stakeholders, structuring and raising funds for special projects, and ensuring financial sustainability.

Non-Exec Director, EMD Limited (2011 – Present): Dr. Igwilo serves as a Non-Executive Director at EMD Limited, where he drives the strategic direction of the company and engages with stakeholders to ensure business sustainability. His expertise in negotiation and relationship management contributes to the company’s growth and success.

Director of PPP/Project Finance, Bi-Courtney Limited (2012 – 2015): In this role, Dr. Igwilo provided project-specific financial oversight and strategic direction to projects within the group. He excelled in relationship management with project stakeholders and played a key role in identifying and implementing new projects.

VP/Wealth Manager, Absa/Barclay Capital (2009 – 2012): Dr. Igwilo served as a Wealth Manager at Absa/Barclay Capital, where he advised ultra-high-net-worth individuals on investments and managed a Wealth Management Practice with a combined A&L of over $1 billion. His expertise in financial advisory and portfolio management earned him recognition as a top-performing banker.

Affiliations and Publications

Beyond his professional endeavors, Dr. Jerry Ikechukwu Igwilo is actively involved in various affiliations and has contributed significantly to academic research. He has served in leadership roles in organizations such as the Nigerians in Diaspora Organization (NIDO) and the Oba Patriotic Union (OPU). Additionally, his publications on ICT adoption and stock market development have added valuable insights to the field of finance.

Dr. Jerry Ikechukwu Igwilo’s journey is a testament to his unwavering commitment to excellence, innovation, and leadership in the realms of finance and entrepreneurship. With his blend of academic prowess, strategic vision, and hands-on experience, he continues to inspire and drive positive change in the global business landscape.

 

 

 

 

Chinedu Nsofor is a Seasoned Technocrat, Media Guru/Consultant and writes from Owerri, Imo State.

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Emerging Nollywood Actress, Lawrence Valerie Ebere, is an entertainer per excellence, she is also a model, dancer, and content creator

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Emerging Nollywood Actress, Lawrence Valerie Ebere, is an entertainer per excellence, she is also a model, dancer, and content creator.

 

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Sahara Weekly Reports She graduated from the university of Benin city, studied Mathematics and economics. She had her primary Education in Chris flourish children School, Alakuko-Alagbado, Lagos state. She had her Secondary Education at Lord’s college, Casso, Alagbado Lagos, she later completed her secondary education at Adeoye international College, Off idiroko road, sango Otta, Ogun state.

 

 

 

Emerging Nollywood Actress, Lawrence Valerie Ebere, is an entertainer per excellence, she is also a model, dancer, and content creator. 

She graduated from the university of Benin city, studied Mathematics and economics. She had her primary Education in Chris flourish children School, Alakuko-Alagbado, Lagos state. She had her Secondary Education at Lord’s college, Casso, Alagbado Lagos, she later completed  her secondary education at  Adeoye international College, Off idiroko road, sango Otta, Ogun state.

 Lawrence Valerie was born  into the family of Mr and Mrs Lawrence Otabor, and she’s the last child  of a family of 6.

 Originally from Delta state, ika-south local government, Agbor, but born and brought up in Lagos state, Alakuko-Alagbado and later her family moved to Sango Otta, Ogun state.  

Ebere completed her National youth Service Corp in March, 2023.

 This beautiful and talented act joined the theatre industry in 2018 in Benin city while schooling when she performed on stage at different indoor and outdoor school events, She started featuring on Tv screen in the year 2020 in Lagos, She is a member of the 2nd intake of Ebony life creative Academy for the 2023 batch, where she received extensive formal training. She won the award of Best supporting female Actress from their short film “IMOLE”. She has always had passion for acting from a very young age, She finds herself re-enacting a scene she just saw from a movie in front of the mirror in her house, One of Her favorite hobby is being in front of the Camera and her Favorite line to hear is “ACTION”. She has featured in movie  projects like the award winning Amvca movie “Leaked”, Netflix movie like Shanty town, Cinema movies like Battle on Buka street, Movies that appeared on African magic like Dilemma, Mr wonderful, My siblings and I, Rok movies like Love lace, Single ladies and YouTube movies like A mother’s lie, Visa on Arrival, My dad and I, just us, chilled revenge, three of us, and so many more. She has done a commercial for Zenith bank, Modelled for some big clothing brands like House of Sota, She is committed to achieving the highest standard of performance and she's always willing to listen and learn from others, She is every producer’s and director’s delight. She is energetic, prepared to go the extra mile and is sure to make a real difference to any project she is involved in.  

 She looks forward to achieving greater things and being on every Big Screen.

 

 

 

Lawrence Valerie was born into the family of Mr and Mrs Lawrence Otabor, and she’s the last child of a family of 6.

 

 

 

 

 

 

 

 

 

Originally from Delta state, ika-south local government, Agbor, but born and brought up in Lagos state, Alakuko-Alagbado and later her family moved to Sango Otta, Ogun state.

 

 

 

 

 

 

 

 

 

 

Ebere completed her National youth Service Corp in March, 2023.

 

 

 

 

 

 

 

 

 

This beautiful and talented act joined the theatre industry in 2018 in Benin city while schooling when she performed on stage at different indoor and outdoor school events, She started featuring on Tv screen in the year 2020 in Lagos, She is a member of the 2nd intake of Ebony life creative Academy for the 2023 batch, where she received extensive formal training. She won the award of Best supporting female Actress from their short film “IMOLE”. She has always had passion for acting from a very young age, She finds herself re-enacting a scene she just saw from a movie in front of the mirror in her house, One of Her favorite hobby is being in front of the Camera and her Favorite line to hear is “ACTION”. She has featured in movie projects like the award winning Amvca movie “Leaked”, Netflix movie like Shanty town, Cinema movies like Battle on Buka street, Movies that appeared on African magic like Dilemma, Mr wonderful, My siblings and I, Rok movies like Love lace, Single ladies and YouTube movies like A mother’s lie, Visa on Arrival, My dad and I, just us, chilled revenge, three of us, and so many more. She has done a commercial for Zenith bank, Modelled for some big clothing brands like House of Sota, She is committed to achieving the highest standard of performance and she’s always willing to listen and learn from others, She is every producer’s and director’s delight. She is energetic, prepared to go the extra mile and is sure to make a real difference to any project she is involved in.

 

 

 

 

 

 

 

 

 

 

She looks forward to achieving greater things and being on every Big Screen.

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Is Yahaya Bello the Sinner or the Sinned Against?* By Smart Origbo

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Governor Yahaya Bello Reveals His Preferred Successor

*Is Yahaya Bello the Sinner or the Sinned Against?*

By Smart Origbo

For unsavoury reasons, the story of the immediate past governor of Kogi State, Mr Yahaya Bello has literally seized the media space in the country, week-in, week-out.

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The hide -and seek game between Bello and the Economic and Financial Crimes Commission (EFCC), blew open a forthnight ago when the anti-graft agency decided to “catch” Bello right in his house at the Wuse district in Abuja.

The agency had barricaded the street forbidding even residents from entering or exiting the street. The planned arrest turned a fiasco as the sitting Kogi State governor, Governor Usman Ododo was alleged to have nestled Yahaya Bello into his car and driven him out of the vicinity, basking in the immunity that covers him and even his car.
Ever since then, the polity had been agog with the issue of Bello. Opinions have been divided whether or not the former Kogi governor is the sinner or the one sinned against.

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The way the EFCC has presented Yahaya Bello to the polity, with all the accompanying drama, is that Bello is a thief who must be stripped at the market square for maximum shame. But those who are more circumspect and critical in criminal procedures have faulted the approach of the EFCC.
Those who so believe, argue that the EFCC has breached the due process in an attempt to hastily humiliate the former governor, having pasted on him the tag of a crooked thief, without allowing the court to do so.

Perhaps it is in the fear that this may happen that the former governor had secured a court order forbidding the anti-graft agency from arresting or harassing him. But the EFCC in believing that Yahaya Bello has a case to answer, had appealed against that order. While the appeal is yet to be heard, the EFCC moved his men, in a gestapo fashion, to go for Bello’s jugular. This happened few days to the date the said appeal by the EFCC was due to be heard in the court.

So the question arises: why the haste to breach legal due process on the part of the EFCC, thus causing a needless social hoopla? If the anti-graft commission was so sure that it could do as it pleases, regardless of the provisions of the law, then why did it bother going to court to vacate the order stopping it from inviting, arresting or harassing Bello? Yes, nobody (including Yahaya Bello) is above the law, but is the EFCC above the law?

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It is doubly tragic and ironical that the EFCC is currently being run and headed by Ola Olukoyede, a lawyer of over 22 years experience. So, which part of the law he read permits him to pre-empt the pronouncement of the court by deciding to do as he wants, regardless of constitutionally laid down procedure?

Indeed, even if the EFCC had a good case against Bello, the way and manner it has gone about it has despoiled the case fundamentally. And this prosecutorial incapacity is one reason the EFCC had lost many of its good cases in the past. Does the EFCC need to be schooled on the basic ethos of the law which pays great attention to, not what done, but how done?Little wonder that the EFCC has, on its own accord, now withdrawn the appeal against the court injunction restraining the EFCC from arresting Bello, allegedly on the grounds that events have overtaken the appeal. What events have overtaken it? A sham claim!

It is even more curious to know that the same EFCC Chairman is a Pastor. As a senior clergy man, his actions both in private and public appearances should, like Ceaser’s wife, be above board. But sadly, this outing of Pastor Olukoyede is shamefully dirtied by procedural impropriety, fueling suspicion that his actions are politically motivated. A case of the voice of Jacob and the hands of Esau.

What is more? In all the back-and-forth of the matter, the EFCC has not been able to prove that it actually formally invited Bello for questioning over the pending allegations of money laundering. The closest to this was when the EFCC chairman, himself recently said he had put a call to Bello inviting him to his office for interrogation. No formal letter of invitation was ever sent to him. What if it is not true that Olukoyede is not telling the whole truth? It is certain that if the EFCC had formally invited Yahaya Bello, they would have long circulated the letter on the social media.

Did the EFCC not breach the process by suddenly sending its men to arrest Bello without formally inviting him for questioning? Even a suspected criminal, with bloody hands, is presumed innocent until proven guilty by a court of competent jurisdiction. This is what the law prescribes. Mr Olukoyede should know this. Neither he nor the EFCC can be a judge in their own case. It is when this process is duly followed that prosecution is not seen as persecution.

Even if indeed, Bello is a sinner and has some questions to answer, the EFCC has turned him to a man more sinned against by seemingly bungling the prosecution procedure. Justice and the route to it must be freed from emotion, propaganda and media trial. Until the EFCC learns to follow due process, its actions and inactions will continue to smell political.

Its best antidote is strict adherence to the rule of law.The EFCC cannot resort to self-help by side-stepping the provisions of the law. It must show its committed adherence to legal and judicial due process in securing convictions of accused persons.

The EFCC had furthered its affront on propriety by demanding the refund of the so-called school fees paid by Bello for his children in an Abuja high-nitch school. The school allegedly refunded the said fees which were paid in dollars, out of the intimidation tendencies of EFCC. The EFCC has a case with Yahaya Bello, not the school. So, coercing the school to refund the fees paid is clear case of institutional bullying.

In all, the law in any society is put in place to shield the citizenry from any form of political or institutional thralldom and so the EFCC, no matter how important and needed its role(s) might be in getting the system to function effectively, must be seen to be doing the right things at the right time and in the right way. Anything short of that will be a perfect prescription for chaos and crisis.

*Origbo is a lawyer and public affairs analyst*

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