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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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YOU MUST OVERCOME THE NEED TO BE LIKED -Apostle Suleman lectures

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YOU MUST OVERCOME THE NEED TO BE LIKED -Apostle Suleman lectures

YOU MUST OVERCOME THE NEED TO BE LIKED
-Apostle Suleman lectures

 

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If you have always been a people pleaser and always try your best to be liked by everyone, and do not like it when people are mad at you and always your mouth shut and letting people do and say whatever and walk all over you, Apostle Johnson Suleman has a word for you.

 

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YOU MUST OVERCOME THE NEED TO BE LIKED
-Apostle Suleman lectures

The servant of God at the Omega Fire Ministries (OFM) worldwide warns you should never try to make people like you. “Deal with fear,” he instructed in his latest homily. “The person who already likes you doesn’t need it, and the person who dislikes you doesn’t deserve it,” declares the ‘Restoration Apostle, warning that you risk being overwhelmed by anxiety and fear if you desperately need to be liked by others to be happy.

 

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“It is fear. Fear is so terrible that it takes some components to crush fear; love, power and sound mind, including courage. To be free from fear, guard what you hear. When the devil throws fear at you, gather yourself and respond in faith,” Apostle Suleman lectures.

 

There are people who are incapable of saying no to other people; they struggle terribly to overcome the need to be liked by other people. But Apostle Suleman’s warning suggests the keyword to be ‘need’. It indicates that it’s perfectly okay to ‘want’ to be liked by other people. However, issues arise when it becomes a need, because you would do all sorts of dumb things just to crave acceptance in order to be liked. The famous preacher says the need to be liked by other people can only compound the problem by breaking your commitment to yourself.

 

 

It doesn’t matter if that means ignoring your values, lying to yourself, or pretending to be someone you’re not; as long as it results in you being well-liked by others, it sounds good to you. But Apostle Suleman points out the result: “Jesus Christ and other great people in world’s history never achieved the impossible goal of being universally liked. These exceptional people lived their truth regardless of whether or not everyone liked them,” he asserts, instructing that you’re better at focusing on living your truth than trying to be liked by others.

People will dislike you because of how you look, dress and talk. People will avoid you or pretend to fall asleep when you’re talking, for reasons you may never know. But, Apostle Suleman cautions you to commit to consistently living who you really are because, he says, if you don’t, no matter who you are, you will always say yes to people who don’t like you for whatever reason.

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Niger: One Week After Primate Ayodele’s Warnings, Bandits Attack Nigerian Soldiers (VIDEO)

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Niger: One Week After Primate Ayodele’s Warnings, Bandits Attack Nigerian Soldiers (VIDEO)

*Niger: One Week After Primate Ayodele’s Warnings, Bandits Attack Nigerian Soldiers (VIDEO)

 

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Six Nigerian soldiers and a civilian hunter were killed on Friday night by bandits who ambushed them in Shiroro Local Government Area, Niger State.

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Niger: One Week After Primate Ayodele’s Warnings, Bandits Attack Nigerian Soldiers (VIDEO)

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Local sources report that the soldiers were responding to a distress call from Roro, Karaga, and Rumace communities when they were attacked. An army captain, identified as Adamu, was also abducted during the ambush. There are conflicting reports on whether Captain Adamu was subsequently killed.

This unfortunate incident has fulfilled the prophecy of Nigerian prophet, Primate Elijah Ayodele which he shared earlier in the month of April.

According to the prophecy which was captured in a video, the man of God warned the government of Niger state to be careful of attacks on military formations, government houses and governor’s convoy. He called on the authorities to watch out for any of these attacks.

These were his words:

‘’There will be a deadly attack on military formation. They must be careful so they won’t attack their government house and the governor’s convoy. They must watch on this in Niger’’

Just one week after the prophet sent this warning; bandits laid an ambush against soldiers and killed them.

There are several prophecies on the internet that Primate Ayodele has shared regarding the security situation of Nigeria. He also foretold the biggest calamity involving the brutal murder of soldiers in Delta state, kidnap operations in Nigerian schools, and several other things that have been fulfilled while some are yet to come to pass.

WATCH VIDEO BELOW:

@primateayodele

#military #nigeria #nigeriantiktok🇳🇬 #militarylife #warnings #government #niger #nigerstatetiktokers #governance #governor #governmenthouseniger #primateayodele #iescworldwide

♬ original sound – Primate Ayodele

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Milan Industries claims N850 billion damages against AMCON

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Milan Industries claims N850 billion damages against AMCON

Milan Industries claims N850 billion damages against AMCON

 

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…Over wrongful sale of Intercontinental Hotels

 

 

 

 

 

 

 

 

Sahara Weekly Reports That The Milan Industries Ltd, owners of Intercontinental Hotels, Lagos has filed Eight Hundred and Fifty Billion Naira (N850,000,000,000.00) damages claim against Assets Management Corporation of Nigeria (AMCON) over wrongful sale of Intercontinental Hotels Lagos.

 

 

 

 

 

Milan Industries claims N850 billion damages against AMCON

 

 

 

 

 

 

The firm had earlier filed a suit against AMCON and Polaris Bank challenging the sale of the hotel over Milan’s alleged indebtedness to Polaris, following a banking relationship between them. AMCON allegedly acquired Milan’s alleged indebtedness from Polaris, and in a bid to recover the alleged debt, purportedly sold Intercontinental Hotels – the security for the loan, to a third party. However, in December 2022, the Court of Appeal, Lagos Division, set aside the sale of Intercontinental Hotels Limited, by AMCON as being unlawful.

 

 

 

 

 

 

 

 

 

 

 

 

The claim is contained in a suit against AMCON at the Federal High Court Lagos in which Milan Industries is claiming that as a result of the unlawful sale and takeover of its hotel, it has suffered an estimated loss of more than Eight Hundred and Fifty Billion Naira (N850,000,000,000.00 ), which sum, it is now seeking from AMCON as damages in court.

 

 

 

 

 

 

 

 

 

 

 

 

The firm in its statement of claim, said “despite lodging an appeal against the judgment of the Court of Appeal, AMCON in clear abuse of court process, is also attempting to recover the unsecured part of the debt, which it estimates to be Forty Billion Two Naira (N42,000,000,000.00 ). Remarkably, at the time the hotel was sold to the third party, it was valued at Eighty-five Billion Naira (N85,000,000,000.00) whereas Milan’s indebtedness stood at Fifteen Billion Naira (N15,000,000,000.00) only, at most.”

 

 

 

 

 

 

 

 

 

 

 

 

 

According Milan Industries, “To date, AMCON and Polaris have not informed Milan how much the hotel was purportedly sold for, and whether as a result, the debt is fully liquidated or not. The directors of Milan Industries Limited are vigorously contesting the bankruptcy proceeding commenced against them by AMCON.”

 

 

 

 

 

 

 

 

 

 

 

 

 

As a result, the directors of Milan Industries have already instructed the law firms of Prof A. B. Kasunmu L.P, Ahmed Raji & Co., and A. B. Sulu Gambari & Co. to represent them in court.

 

 

 

 

 

 

 

 

 

 

“The bankruptcy proceeding is a grand design by AMCON to divert attention from the monumental damages they have inflicted on Milan Industries Limited which they, along with Polaris, must surely pay for”, the firm stated in its statement.

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