NNPC spends N81.4bn on refineries in eight months, refines zero crude – Newstrends
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NNPC spends N81.4bn on refineries in eight months, refines zero crude

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The Nigerian National Petroleum Corporation
pumped a total of N81.41bn into the nation’s refineries between January and August this year.
A report from the corporation which contains this figure however indicates that the facilities refined no drop of crude throughout this period.
With a revenue of N6.54bn and a total expense of N81.41bn, the facilities ended up with a deficit of N78.87bn, according to statistics in the just released August 2020 report of the NNPC.
It also showed that the revenue, expense and deficit of the Kaduna refinery during the period were N6.22bn, N33.61bn and N27.39bn respectively.
Similarly, Warri refinery earned a revenue of N257m, incurred an expense of N22.23bn and posted a deficit of N21.98bn during the same period.
For 13 months, the facilities were running without refining any crude oil.
Data from the consolidated refineries operations put the volume of crude processed by the facilities from August 2019 to August 2020 at zero metric tonnes.
With a cumulative plant capacity of 445,000 barrels per day, the facilities recorded a capacity utilisation of zero per cent throughout the 13-month period.
The nation has been importing the bulk of its refined petroleum products for many years.
The Federal Government last week said Nigeria would soon resume the importation of petroleum products from Niger Republic.
The national oil firm again explained in its latest monthly report that the declining operational performance of Nigeria’s refineries was attributable to ongoing revamping of the facilities.
It said the revamping of the facilities was expected to further enhance their capacity utilisation once completed.
Operators in the downstream oil sector as well as economists have repeatedly called for a fast revamp of Nigeria’s refineries in order to halt the continued importation of refined petroleum products.

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Tinubu’s aide Ajuri Ngelale quits, proceeds on indefinite leave over family health 

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Tinubu’s aide Ajuri Ngelale quits proceeds on indefinite leave over family health 

 

Special Adviser to the President on Media and Publicity, Ajuri Ngelale, has announced his resignation, saying he is stepping down to focus on medical matters affecting his nuclear family.

Ngelale said he had submitted a memo to the Chief of Staff to the President, Femi Gbajabiamila, informing him of his decision to step down as Special Presidential Envoy on Climate Action, and Chairman, Presidential Steering Committee on Project Evergreen.

He said in the statement that he was stepping down from the two roles to enable him to proceed on indefinite leave.

President Bola Tinubu had on 31 July, 2023 named Ajuri as his official spokesperson and special adviser on media and publicity.

On May 19 this year, the president gave him an additional responsibility in the administration by appointing him Nigeria’s special presidential envoy on climate action. He served in that role as part of a larger presidential committee chaired by President Bola Tinubu.

Ngelale, 38, was at different times a broadcast journalist with African Independent Television and Channels Television.

He also worked as public affairs consultant at the Federal Ministry of Power and later as senior special assistant on public affairs in the office of then Vice President Yemi Osinbajo.

His Resignation Letter 

On Friday, I submitted a memo to the Chief of Staff to the President informing that I am proceeding on an indefinite leave of absence to frontally deal with medical matters presently affecting my immediate nuclear family.

While I fully appreciate that the ship of state waits for no man, this agonizing decision — entailing a pause of my functions as the Special Adviser to the President on Media & Publicity and Official Spokesperson for the President; Special Presidential Envoy on Climate Action, and Chairman, Presidential Steering Committee on Project Evergreen — was taken after significant consultations with my family over the past several days as a vexatious medical situation has worsened at home.

I look forward to returning to full-time national service when time, healing, and fate permit.

I respectfully ask for some privacy for my family and I during this time.

Chief Ajuri Ngelale

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FG blocks Nigerian nurses from practising abroad, shuts certificate verification portal

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FG blocks Nigerian nurses from practising abroad, shuts certificate verification portal

Nigerian nurses in the United Kingdom, the United States and other places outside the country are currently in limbo following the decision of the Federal Government to close the certificate verification portal.

This has frustrated their efforts at completing the verification required by the host countries to admit them as registered nurses to practise.

Those already practising abroad are also unable to renew their operating licence since the deactivation of the verification portal by the Nursing and Midwifery Council of Nigeria in February this year.

Many of the affected nurses are said to have been forced to return to the country.

In a report published on Saturday, PUNCH quoted some of those affecting voicing their frustration over the development.

One of them who spoke on condition of anonymity said the UK Trust, bound by its policies, reportedly terminated his employment due to his inability to meet the certification criteria.

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He said, “The situation is not only saddening but also suicidal. My career is stagnated because the portal is closed. I’m in Nigeria now. I have gone to the nursing council on several occasions to tell them that even if they should write a letter of good standing and send it to them, they would be happy to acknowledge it. But my efforts were futile.”

Another nurse based in Saudi Arabia, Hannah, said she travelled to the country in 2023 to practise as a nurse, but her future had become uncertain.

Reacting, President of the National Association of Nigeria Nurses and Midwives, Michael Nnachi, said the group had engaged the government on the reopening of the portal.

He noted that a committee was recently formed to review the issue among others.

He said, “I would advise our affected members to remain patient.

“We are deeply concerned about the difficulties they are facing, and we are not comfortable with the situation. However, patience is necessary at this time.

“Finally, in many cases, even when agreements are reached with the government, they often fail to fulfil their promises. I remain hopeful and expect a positive response from the government. There is hope.”

FG blocks Nigerian nurses from practising abroad, shuts certificate verification portal

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Petrol price hike, hard economic growth decision – Tinubu

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President Bola Ahmed Tinubu

Petrol price hike, hard economic growth decision – Tinubu

President Bola Tinubu has reacted to the recent hike in the price of Premium Motor Spirit (PMS), popularly known as petrol.

Daily Trust reports that the newest hike, implemented by the Nigerian National Petroleum Company’s (NNPCL) Retail Management, range from N855 to N897 per litre, depending on the location, from the previous N568-N617.

Independent marketers have adjusted their prices to between N930 and N1,200 per litre of petrol.

Since the removal of subsidy by Tinubu in May 2023, prices of petrol tripled, compounding the woes of Nigerians who power their vehicles and generating sets with petrol.

But speaking Friday at a meeting with Nigerians in Beijing, China, after rounding off his official engagements in the country, Tinubu said the increase in petrol price is a “bold and unprecedented decision” necessary for Nigeria’s growth.

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A statement by Ajuri Ngelale, the President’s Special Adviser on Media and Publicity, quoted him to have said the petrol price hike and other reforms by his administration are part of an overall strategy to set Nigeria on the path of economic growth.

President Tinubu said: “Nigeria is going through reforms, and we are taking very bold and unprecedented decisions. For example, you might have been hearing from home in the last few days about fuel prices.

“But, can we help it? Can we develop good roads like you have here? You see electricity being constant in quantity and quality. You see water supply, constant and running, and you see their good schools. And we say we want to hand over a banner without stain to our children?

“What is the critical part to get us there if we cannot take hard decisions to pave the way for a country that is blessed and so talented?

“So many of you are so talented, speaking very fluent Mandarin. It is what you contribute and tell them at home that will reflect in the attitude of our people.

“The more you want everything free, it will become more expensive and long-delayed to achieve meaningful development.’’

Petrol price hike, hard economic growth decision – Tinubu

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