Tag: NNPC

  • Okowa hails Buhari Presidency over peace in Niger Delta

    Okowa hails Buhari Presidency over peace in Niger Delta

    Delta State Governor, Ifeanyi Okowa on Friday hailed President Muhammadu Buhari’s government for the current peace in the Niger Delta region.

    He spoke with State House correspondents after meeting with Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

    He said “If you find out in the past few months there has been peace in Delta state so I wanted to appreciate his visit to Delta state because that definitely helped us in the peace process.”

    Speaking further on the Niger Delta, he said “Definitely it’s very peaceful and we will continue to consolidate on the peace.”

    He also commended the Senate for the Maritime university Okerenkoko bill that passed third reading in the Upper legislative chamber.

    “Just Friday the bill for the Maritime University Okerenkoko passed third reading at the Senate that is definitely a very strong plus for us.

    “We are also aware that a committee has been set up led by the Minister of Education, my Deputy Governor is part of the committee to work out the processes to enable the Maritime university take off in October. It’s a step in the right direction so I came to appreciate him and to discuss some other issues with him.” he said

    On the progress on the Modular refineries, he said “I think the process are being put in place, you realise that the President has talked a lot about it and I believe the Minister of State for Petroleum Resources and the NNPC have been working in that direction.

    “You know it’s not something that you can just bring up all in one day or in one month, I believe that the processes are being put in place to ensure that we have some of them in some of our communities in the creeks and in the Niger Delta generally,” he said.

  • NNPC, Chevron, WRAHP hold cancer screening

    TO sensitise women on cancer and High Blood Pressure, NNPC/Chevron Nigeria Ltd and its employees under the Employee Volunteer Programme has collaborated with Women’s Right and Health Project, WRAHP to carry out a Cancer awareness program in Ejigbo.
    The event, targeted at the women under the umbrella of Pepper Grinders Association, Ejibgo, featured free cervical cancer screening and blood pressure checks on 57 women.
    General Manager, Policy, Government and Public Affairs (PGPA), Chevron Nigeria Limited Mr Esimaje Brikinn said over the years, the NNPC/ Chevron Joint Venture have recognised that their progress is tied to the progress of the communities neighbouring their operations.
    Represented by Mrs Adekunle Agnes of the Public Affairs Department of the organisation, he said, in line with their tradition, they have continued to implement social investment programs on health, education and economic development.
    “Our employees have imbibed this culture that is why they are organising this program as part of efforts to give back to the society by creating awareness on cancer among women thereby helping to contribute to health development in the society,” he said.
    Matron in charge of outreach hospital, Okota, Mrs Chinwe Olisa, said cervical cancer is sexually transmitted disease that can be caused by having too many sexual partners, having too many children, criminal abortion among others.
    Oral sex with someone that has cancer cells, she said, could cause throat cancer.
    She urged women to go for regular screening, eat good food to improve their immunity, avoid multiple sex partners, and reduce abortions by going for Family Planning that suits them.
    WRAHP Founder Mrs Bose Ironsi said: “Because women are always outside working to feed and take care of the children, they do not remember to take care of their own health so we checked their BPs and the result was alarming. We also had women who needed to go for further cancer screening.
    “We had women with BP as high as 180/140 so we need programmes like this to preach health consciousness to the people and we need philanthropists to help us because those people you are seeing have neglected their health to look for what their children will eat. We will do a follow up with the women and try to enrol them in government hospitals so that they can get further help.”

  • 37 companies bid for NNPC fire-fighting trucks supply

    37 companies bid for NNPC fire-fighting trucks supply

    No fewer than 37 companies have submitted bids to supply firefighting trucks to Nigerian Pipelines and Storage Company (NPSC), a downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC).

    The NNPC stated this in a statement in Abuja on Wednesday by Mr Ndu Ughamadu, its Group General Manager, Public Affairs Division.

    The corporation said that the bid would lead to the procurement of six firefighting trucks that would replace the non-functional and old trucks in its fleet.

    “The public bid opening is part of NNPC’s avowed commitment to openness and transparency aimed at transforming the corporation into a focused, accountable, competitive and transparent organization, conducting its business with Integrity.

    “The firefighting trucks, when procured, would reduce to the barest minimum, the incidences of fire outbreak in the 21 depots across the country,” it said.

    The Nigerian Content Development and Monitoring Board, the Bureau of Public Procurement and several Civil Society Organizations were on hand to observe and ensure strict compliance to due process in the exercise.

  • 37 bid to supply NNPC six trucks

    37 bid to supply NNPC six trucks

    No fewer than 37 companies have submitted bids to supply six triple agent firefighting trucks for the operation of the Nigerian Pipelines and Storage Company (NPSC), one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC).

    Speaking at a public bid-opening exercise held at the NNPC Towers yesterday, the Managing Director of NPSC, Mr. Luke Anele, who was represented by the Manager, Health, Safety and Environment (HSE), Mr. Agbami Tijani Mohammed, said the bid would lead to the procurement of six fire fighting trucks that would replace the non- functional and old trucks in its fleet.

    NNPC’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu in a statement yesterday, explained that the public bid-opening exercise is part of NNPC’s avowed commitment to openness and transparency aimed at transforming the Corporation into a focused, accountable, competitive and transparent organisation conducting its business with integrity.

  • Economy on growth, recovery part,  says NNPC

    Economy on growth, recovery part, says NNPC

    State-run oil firm, the Nigerian National Petroleum Corporation (NNPC) has said if current improvement in oil production is sustained, the economy is on its way out of the doldrums. It said oil remains the main stay of the economy, accounting for over 70 per cent of the nation’s gross domestic product (GDP).

    Its health, safety and environment (HSE) Mashood O. Dolapo who spoke in an interview in Abuja, said as a mono-cultural economy, oil remains largely the driver of the economy.

    He said: “Nigeria’s is a mono-cultural economy. Oil and gas contribute more than 70 per cent of national gross domestic product (GDP).  She essentially depends on the oil and gas industry for its survival. Very recently when production fell to below a million barrels per day, the national economy was distressed.

    “It is now on the way back to recovery just as production began to ramp up again. We are still struggling, without much to show, to generate revenue from other sources. That Nigeria is afloat therefore indicates incontrovertibly that the oil and gas industry is doing very well but there is plenty of room for improvement.

    Dolapo who is one of the guest speakers lined up to speak at a risk management forum organised by NFPAWA scheduled for between May 9 and 12 at Oriental Hotel, Lagos, said:  “Health and safety of persons, assets and the environment is a factor of production that cannot be compromised assets and the environment is a factor of production that cannot be compromised. The oil and gas industry owe its successful existence to good HSE performance. Therefore no matter what the price of oil is, if the organisation chooses to be in business, the quality of the loss prevention service will not be negatively affected. What may happen is adjustment of priorities and trimming down to the essentials.

    “As to change in the reorientation of the managers, of course people must adjust to extant circumstances to remain relevant and successful. And that is the hallmark of the industry – the managers are quick to react to changes. They in fact do so in a proactive manner – reorienting ahead of the change.”

    With Sustainable Macro Economic Development: The Safety Perspectives as its theme, the forum will examine key issues in risk management in the country with a view to improving productivity and reducing work place calamities.

    According to him, risk mitigation gives confidence to investors that assets and the environment will be maintained in serviceable state, that healthy staff will be available and productive, that incidents that can damage company reputation will be avoided. Community relations, he added, will be cordial and insurance premiums will remain low. “Based on this, they (investors) invest more in companies with good HSE performance record. Moreover, there will be peaceful labour relation and optimum assets performance. All these in the long run boost productivity which in turn enhances stability in the sector,” Dolapo said.

    On benchmarks that ensure that risks are properly mitigated, he said generally, benchmark elements may include items in different categories, adding that the extent of relevance will depend on the type of facility, hazardous nature of operations, complexity of processes, exposure to plant employees and the public. Others he said include HSE management system; process technology – process safety information, process hazard analysis; mechanical integrity programmes- process equipment, emergency safety devices and protection systems. Fire protection systems; operations – operating procedures, safe work practices; employee training; contractor management; management of change; incident management –incident reporting and investigation, implementation and resolution all matters thereto; emergency planning, are the others.

    He said: “Appropriateness and robustness of these may be benchmarked against applicable standards in the industry, local and international regulations and best practices.”

  • We groom our graduates to be employable – DVC, Babcock University

    We groom our graduates to be employable – DVC, Babcock University

    Undoubtedly one of the frontline private universities in Nigeria, Babcock University, Ilisan, Ogun State, through its operations and forays into ICT revolution and students’ mentorship has remained unrelenting in its drive towards excellence. In this interview with Emorinken Moses, its Deputy Vice Chancellor and College of Health and Medical Sciences provost, Prof. Iheanyi Chukwu Okoro beams more light on the institutions activities, achievements and products.

    Babcock University is one of the few private universities with impressive stories to tell; can you give us a sneak peek into your activities so far?

    Well, as we speak, students have started their exams, one of the things we have going for us is stability. By the grace of God, we have not missed a single day since 1999. And one of the factors responsible for this is the online revolution going on in the institution. Some of our courses are now taken online. Before now, marking, collation, and grading of the scores of students after an examination was an arduous task. You typically would find a lecturer having to mark and grade close to 500 students. However, some of our in-house ingenious staff in the ICT unit developed a software, which is now being used for exams. It was tried last year, and within 30 minutes the exams were concluded and the results came out swiftly.

    This reduced the burden of collation of results for the lecturers. All they now have to do is input the data (scores) and the computer software automatically does the calculations and collation of results instantly.

    Secondly, as a school, we place a premium on the behaviour of our students. We believe that education is more than imbuing academic knowledge to students, but also in the inculcation of ethical and scrupulous behaviours. We train their hearts and make sure that they behave well.

    We have a way of monitoring their behaviour through a tool called the Behavioural Index. We monitor them in their hostels, chapel, class rooms etc. If a student has any infraction or misconduct, he or she is ‘demerited’. Every student has a 60 demerit point; so as a student keeps misbehaving, his or her score reduces. It is like withdrawing from ones account. When you are zero, you go on suspension, and this affects your ‘citizenship grading’. Even if you have a first class, with a zero point of behaviour, you are not graduating because this affects your citizenship rating.

    This form of assessment has also gone online. There is a central coordinating office called the BUMU office (Babcock University Merit Unit). The unit coordinates all the grades from the various points online, and they issue out the grades to the students at the end of a session.

    Can you tell us about the ‘total classroom revolution’ project?

    The Total Classroom Revolution is simply leveraging technology in the deployment of learning and the learning environment. Currently, every classroom in the school has a projector and smart boards. You can also find radio towers at strategic positions within the campus. We intend to have a cloud all over the compound, so that students can access their lectures anywhere they are within the campus. Lecturers can upload courses, and students can refer back to it by downloading it.

    All these congenial educational facilities are powered by electricity. Therefore, the school is investing heavily on a power project called Babcock Power Project, which will supply uninterrupted power round the clock. At first, we wanted to opt for a gas-powered turbine, but because of the huge cost of maintenance, we settled for a power generator that runs for 80,000 hours non-stop…on gas. By implication, it means it can run for 9 years at a stretch.

    Due to the current economic recession in the country, the project has however been stalled a bit; but, with the Naira slowly gaining stature, we hope to push the project further.

    Aside the generating power generator, there are some diesel-powered generators on ground as standby – they can run for 30 hours non-stop.

    All of these efforts are geared towards creating a congenial academic environment for the students and members of staff.

    You have spoken on the importance of behavioural competence of the students; however, focusing on the society as a whole, do you think the Nigerian youths have the right values to lead going into the future?

    To be frank with you, I don’t think we are giving our younger ones good examples. There is a saying where I am from that – ‘When a mother goat is eating the yam, the kid is also looking at the mouth of the mother goat.’ The snake can only give birth to long things like itself. This is the situation of the country now. Until we have a total revolution in the attitudes of minds and behaviours among the older generation (my generation), the concept of examples and mentorship for the younger ones will be a white elephant expenditure. The blame should not always point to the direction of the younger ones. You cannot give what you don’t have. It is my belief that when you have a delinquent child, there are at least two delinquent adults that are propelling such a child. Take for instance examination malpractice; some parents arrange for special centres for their wards; the individual running this centre is a delinquent adult, the parent seeking his or her service is a delinquent adult. Their unethical attitudes can only produce a delinquent child. These acts continue even when the child reaches an institution of higher learning; the child now believes that this is the ideal way to carry on in life. He doesn’t do anything straight anymore because he believes he has to cheat to get things done. However, if the child requests for a special centre and is rebuked instantly by the parent, this leaves an indelible impression on the child.

    My appeal goes to my generation to consider posterity before engaging in acts of malfeasance, corruption, and other related delinquent behaviours.

    This current administration has a mantra – the change begins with me! But it should go beyond rhetorics and advertisement.

    In Babcock, our motto is ‘building leadership through Christian education’. We intend to produce servant-leaders. We continually resound into the consciousness of our students that leadership is about service – it is not what you get from the position, but what you give into that position.

    Here, we have the Babcock University Students Association (BUSA), which is not a student government but an association. We train them on the values that make a complete leader, and the need to be a worthy example. Another important thing about the behaviour of students in Babcock is their responsibility to the environment. If you go round, you will not see a single piece of paper on the ground. When you come to such an environment, you will definitely look stupid to begin to drop wastes on the ground. Our students are well dressed. It is leadership by example – from the management, members of staff, and down to the students.

    Last week, the students had a seminar tagged ‘experience’, which saw the likes of Femi Falana (SAN), Charles Okafor etc. They were on ground to encourage and inspire the graduating students on succeeding. They shared personal experiences about how they became successful in their fields and careers. Also, they enlightened the students about some of the pitfalls they should avoid on their journey to the top.

    There is this assumption that a lot of Nigerian graduates are unemployable. What is your take on this? What is Babcock doing to produce ‘employable’ graduates?

    What makes us stand out is the process of producing our graduates. Regardless of the unemployment in the country, one fact remains that people are consistently being employed. For instance, KPMG, a foremost auditing firm has seen the quality of our students in accounting, and have given us 300 slots for internship every year. From those 300, they will select those that will eventually be employed. Other organisations like ICAN, ACCA, CIMA etc., are partnering with us in Accounting. In computer, the computer professional registration body in Nigeria has named Babcock a centre for excellence in training because they have seen our products. It is the same for other programmes. Also, we have been the overall best in the Nigerian Law School for two years now. That speaks volumes about the quality of our products.

    Students evaluate the lecturers – contents, methods etc., while the lecturers in turn evaluate the students. If a student fails to meet up with 75% of attendance, he or she has failed automatically – it is called “Failure due to absence” (FA).

    When students are graduating they go through a finishing school to prepare them for the labour market. Issues on how to sit at an interview, how to write a CV etc., are considered. The highlight of the programme is usually a job fair where organisations come and interview students live, and possibly recruit them on the spot.

    Finally, we have a centre for entrepreneurial studies that teaches the students all kinds of arts and craft – theory and practical.

    My worry about ‘unemployability’ also bothers on the incessant strikes that used to be preponderant in federal and state-owned schools, which is reducing gradually. This usually affects the quality of content that the lectures give as a result of rushing to meet up with the semester.

    What is the state of Babcock’s Cardiac Centre?

    We have partnered with Tristate Cardiovascular Associates from Delaware in the U.S. It is a team of experts that brings together solution to heart diseases through the collective competence of top intervention cardiologists, cardiothoracic surgeons and radiologists.

    We have developed a state-of-the-art cardiac centre, which is currently the only permanently run cardiac centre in the country today. Other centres may occasional invite surgeons from abroad to come and perform one or two heart surgeries and then go back to their country. However, our surgeons are permanently resident in the institution. The centre, which started in October 2015 have performed almost a hundred heart surgeries, and still counting.

    We are partnering with NNPC, LAFARGE, Primary Health Administrations in the country, and non-governmental organisations (NGO). They refer cases to us.

    Many universities have come to us for academic partnership; amongst them are Caleb University, Adeleke University etc.

    Our medical students go to India for their housemanship for two months each. This is because of the quality of field experience they can get from India because of its seasoned medical department.

    Our computer students also go to Poland for computer training and exposure. In fact, some students also earn an additional degree during their educational stay in Poland.

    We also partner with Birmingham University. Our International and Diplomacy students go there for two years and get their law degrees and come back. These are a few of the kinds of academic partnerships that we are involved in.

    Tell us about the awards Babcock has won in recent times.

    We have received awards from the World Branding Forum in the education segment. We got the award in 2015 and 2016 concurrently. We also received a solid 18-carat gold award plaque, based on the fact that no organisation had ever won the award back-to-back since inception.

    For two to three years now, we have won the best university in Africa award, given by the Association of African Students. We were nominated by the National Association of Nigerian Students (NANS). The interesting thing is that Babcock is not part of NANS, however, their interactions with our students and the qualitative feedbacks they get informed their decision to recommend our institution for the award.

    Also, in the Nigerian Private Universities Debate (NIPUD), our students have consistently emerged tops in the last four years. We encourage our students to be the best they can be.

    Do you think that government is doing enough to encourage private tertiary institutions? Also, what can government do to encourage private tertiary institutions?

    I do not think the government is doing much to encourage private institutions because they see it as business. They only monitor and accredit them through their agencies to ensure that the schools meets up with the minimum standard, however, that is where it stops. The federal government finances government-owned universities using TETFund. Initially, private institutions have always been weary of receiving such funds because as the saying goes – he that pays the piper dictates the tune. But with the biting economic situations in the country, private institutions have started to bite their words arguing that even if the institutions are privately owned, it produces graduates for the nation at large; therefore, it should at least be encouraged with palliative and government largess like the TETFund. It is a cry of desperation because many universities are finding it difficult to cope. We implore government to give us grant in aid. By grant in aid, we mean government provides some level of financial support, monitor its usage, but do not interfere with running the school.

    Twitter: @memorinken

    Instagram: @memorinken

    Email: brandphase@yahoo.com

  • NNPC adopts measures to stem pipeline vandalism

    NNPC adopts measures to stem pipeline vandalism

    The NNPC says it will adopt security measures to address issues affecting its operations in host communities to stabilse the situation and stop vandalism of oil facilities.

    The Group Managing Director of the company, Dr Maikanti Baru, said this at a dinner for media executives in Abuja on Thursday.

    He said vandalism of pipelines constituted a serious threat to national economy and the environment and called for an end to it.

    He said NNPC had recorded milestones in its operations that eventually translated positively in the lives of Nigerians since July 2016.

    Baru said the company also introduced numerous policies that had strengthed its operations.

    According to him, the company’s operations have been conducted with transparency, accountability and in openness.

    He said NNPC had also taken measures to recover about 130 million litres of product misappropriated by some companies recently, adding that it would soon recover about N11 billion fron one them.

    He expressed gratitude to the media for keeping the NNPC officials on their toes through regular monitoring of their operations.

    He solicited the support of the media as stakeholders to safeguard national interest.

  • NNPC to commercialise communication network

    NNPC to commercialise communication network

    The Nigerian National Petroleum Corporation (NNPC) will commercialise some of its critical Information Communications & Technology (ICT) infrastructure in line with its bid to re-focus the Corporation as a commercially viable entity.

    The Group Managing Director of the Corporation, Dr. Maikanti Baru, made this known while receiving the Minister of Communication, Abdur-Raheem Adebayo Shittu, who paid a courtesy call on him at the NNPC Towers, yesterday.

    The infrastructure include the over 960km of Fiber Optic Cable laid between Lagos-Benin and Warri to Kaduna on the NNPC Pipeline Right of Way; 52 remote VSAT stations nationwide and 2 Network Centres connecting all NNPC Depots and Pump Stations across the country.

    According to the statement that the corporation issued yesterday, the GMD said, “Our look-ahead plan is to commercialise our Fibre-Optics Cable Network utilizing NNPC pipeline Right of Way that cuts across the entire country. Some of the benefits of this initiative include the opportunity to provide backbone carriage to meet the National 2020 Plan for broadband penetration in the country”.

    He also expressed the Corporation’s readiness to collaborate with the Ministry of Communications in its quest to develop new ICT initiatives towards making life easier for Nigerians.

    “We are committed to supporting the Ministry of Communications to realize its ICT dreams which will not only ensure effective governance and service delivery in the country, but will also make life easier for Nigerians,” Dr. Baru stated.

    The GMD also lauded the Minister for ensuring the pursuit of the National Strategy and Roadmap Agenda which intends to increase broadband penetration from 6% to 30% by 2020.

    He told the Minister that to key into the Ministry’s laudable agenda; the NNPC had already re-strategized its ICT initiatives towards making it a hub for seamless, efficient and value-adding operations nationwide.

    According to the GMD, the NNPC also boasts of a Data Centre Facility that houses all its Data, Information and business solutions such as the Systems Applications & Products (SAP), E-mail services, collaboration solutions and specialized applications for the oil and gas industry.

    Earlier in his remarks, the Minister of Communications, Adebayo Shittu, lauded the GMD for “bringing a new lease of life to the NNPC” through reforms that were in consonance with President Muhammadu Buhari’s change agenda for the country.

    He called on the NNPC to support some of its initiatives such as the proposed ICT University, the reforms in Nigeria Communication Satellite (NIGCOMSAT), the Nigerian Postal Service (NIPOST) bank and Transport Company as well as the proposed ICT Park & Exhibition Centre.

    “With these initiatives, our intention is to continue to make the business of governance much easier for our teeming population, especially those in the rural areas,” the Minister assured.

     

  • Oil export proceeds reduce to $171.12m

    Oil export proceeds reduce to $171.12m

    The Nigerian National Petroleum Corporation (NNPC) Tuesday said that the total export proceeds of $ 171.12million were recorded in January 2017 as receipt against $175.04 million in December 2016.

    Its monthly financial report that made this known added that contribution from Crude oil amounted to $93.97 Million while Gas and miscellaneous receipt stood at $69.76 million and $7.39 million.

    The total export proceeds were remitted to fund the JV cash Call for the month of January 2017 to guarantee current and future production.

    According to the report, “total export crude Oil & Gas receipt for the period of January, 2016 to January 2017 stood at $2.57 billion. Out of which the sum of $ 2.50 billion was transferred to JV Cash Call in line with 2016 Approved Budget pending 2017 budget approval and the Exit of JV Cash Call and the balance of $0.073 billion was paid to Federation Account. However, this JVCC amount falls short of the 2016 Appropriated amount of $.8.55 billion. This is due to twin effect of production disruption in Niger-Delta and low Crude Oil prices during the year.”

    The Domestic Crude Oil and Gas receipt during the month amounted to N132.20 billion, consisting of N1.18Billion from Domestic Gas and the sum of N131.01 billion from Domestic Crude Oil.

    Out of the Naira receipt, the sum of N49.17 billion was transferred to Joint Venture Cash Call (JVCC) being a first line charge and to guarantee continuous flow of revenue stream to Federation Account.

    The report noted that NNPC transferred the sum of N81.84 billion into Federation Account during the month under review from the net domestic crude oil receipt and N1.18Billion from Gas receipts.

    It added that “Also, the 30th installment of the refund to FG of N6.33billion was transferred. From January 2016 to January 2017, Federation, JV, and FG received the sum N736.09billion, N404.35 billion and N82.30 billion respectively.”

    NNPC said that a total export sale of $202.16 million was recorded in January, 2017. This is $6.76 million higher than the preceding month’s performance. Crude oil export sales contributed $93.97million (or 46.48%) of the dollar transactions compared with $100.37 million contribution in the previous month.

    The corporation said that also the export Gas sales amounted to $108.20 million in the month. The January 2016 to January 2017 Crude Oil and Gas transactions indicate that Crude Oil & Gas worth $2,647.61 million was exported.

    According to the report, the Group operating revenue for the months of December 2016 and January 2017 were ₦206.40billion and ₦255.43billion respectively.

    It said that: “These represent 86.89% and 107.53% respectively of monthly budget. Similarly, operating expenditure for the same periods were ₦223.40billion and ₦269.68billion respectively, which also represents 106.54% and 128.61% of budget for the months respectively.

    “NNPC has been operating in a challenging environment which limits its aspiration to profitability. However, this 18th publication (January 2017) is structured to reflect the Corporation’s ongoing restructuring exercise for the implementation of Autonomous Business Unit and the new refineries business model.

    “Overall, a trading deficit of ₦14.26Billion was recorded for the month under review as against the reported December, 2016 trading deficit of ₦17.01billion. This represents about 16% improvement compared to previous month.

    “This marginal decrease in the deficit is largely attributed to the improved NPDC Revenue and combined Refineries efficiency as well as reduction in the upstream costs by over 32% relative to last month. Other factors that affected the overall NNPC’s performance include production shutdown of Qua Iboe & Agbami Terminals, TNP & NCTL as well as the subsisting Force Majeure declared by SPDC as a result of the vandalized 48-inch Forcados export line after the restoration on 17th October, 2016 amongst others.”

     

  • NNPC resumes loading at Mosimi

    NNPC resumes loading at Mosimi

    The Nigerian National Petroleum Corporation (NNPC)  resumed products  loading  at Mosimi depot in Ogun State at the weekend. This has led to a boost in supply and distribution.

    Its Group Managing Director, Dr. Maikanti Kacalla Baru, who supervised the recommencement of loading  in the area, said the development marked a major milestone in NNPC’s quest to ensure steady supply and distribution of white petroleum products across the entire nation.

    Represented by the Chief Operating Officer, Downstream, Mr. Henry Ikem-Obih,  he said: “Today marks the beginning of a new era of hope and the return of commercial activities in this economic corridor, as products are being received in Atlas cove and pumped to Mosimi for on-ward pumping to Satellite depot and loading from these two great depots in this area.’’