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NNPC, private firm to build 100,000bpd refining facility within PH refinery

Published

2 weeks ago

April 26, 2024

NNPC, private firm to build 100,000bpd refining facility within PH refinery

Nigerian National Petroleum Company Limited (NNPCL) has signed an agreement with African Refinery Port Harcourt (ARPHL) for the subscription of 15 percent equity in Nigeria’s second largest private refinery after Dangote Refinery.

The agreement was executed by Mr. Omotayo Adebajo (Managing Director) on behalf of African Refinery Port Harcourt Limited (ARPHL) and Mr. Adedapo Segun, the NNPC Executive Vice-President, Downstream signed the agreement on behalf of NNPC Ltd.

The 15 percent Share Subscription Agreement, which was finalised on Thursday at a signing ceremony at the NNPC Towers in Abuja is a crucial step towards increasing Nigeria’s refining capacity.

Adedapo Segun, the NNPC Executive Vice- President for Downstream, said after the signing of the agreement, “African Refinery is one of the partners we have been working with to co-locate in our various refinery assets and they are our partners for the Port Harcourt Refinery.

“The proposed 100kbpd will be co-located with the two existing refineries in the PHRC complex, and it will increase our refining capacity in Port Harcourt from 210kbpd to 310kbpd.

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Tola Ayo-Adeyemi, Group Executive Director Legal, and Regulatory Compliance at African Refinery Group (ARG), speaking on behalf of the African Refinery Group stressed the significance of this collaboration, highlighting that the event signals NNPC Ltd’s full commitment to the ARPHL refinery project to be sited on 46 hectares of land within the Port Harcourt Refinery complex, Eleme, Rivers State.

The project stands as the largest private refinery in Nigeria’s South-South and South-East geo-political regions.

He noted, “NNPCL and ARPHL since signing a Project Framework in 2017 have made significant progress, that a groundbreaking ceremony is scheduled for later in the year, and that the estimated project delivery schedule aims for commencement of construction in 2025, and commercial operations by 2027.”

The project will be developed in phases and upon completion, the refinery is anticipated to produce over 30 million litres of various petroleum products daily, including petrol, diesel, jet fuel, LPG, and LPFO. The project is estimated to cost over US$2 billion.

The agreement inked today is the penultimate stage in the cooperation documentation between NNPCL and ARPHL.

Among the dignitaries present at the signing ceremony were Ayo Adebajo, Chidi Momoh, and various representatives from NNPCL Management.

NNPC, private firm to build 100,000bpd refining facility within PH refinery

Related Topics:Featured NNPC PH refinery

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Nigerian varsity VC suspended over alleged gross misconduct

Published

2 hours ago

May 6, 2024

Trends Admin

Suspended Vice-Chancellor Augustine Angba

Nigerian varsity VC suspended over alleged gross misconduct

In an unexpected turn of events, the Governing Council of the University of Cross River State (UNICROSS) has suspended Vice-Chancellor Augustine Angba on allegations of severe misconduct.

The decision was reached at a meeting of the Governing Council on Monday, May 6, 2024, where they resolved to release Angba of his duties with immediate effect.

The council has nominated Professor Stephen Oshang of the Faculty of Agriculture to serve as the interim Vice-Chancellor until further notice.

UNICROSS

The suspension comes on the heels of a vote-of-no-confidence passed by some staff members of the university on January 17, 2024.

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The staff, who were protesting the non-payment of five months’ salary arrears, had carried placards with slogans like “This Management and the VC must go” and “We don’t want them any longer.”

Angba had previously criticized the staff unions, claiming that four members had hijacked the union and incited others to protest on the streets.

However, the Governing Council’s decision suggests that they found merit in the allegations against the embattled Vice-Chancellor.

Despite several attempts, Vanguard efforts to reach the university’s spokesperson, Mr. Onen Onen, for comments on the matter were unsuccessful, as his phone line was not answered at the time of filing this report.

Similarly, Professor Angba’s phone line was busy when contacted.

Nigerian varsity VC suspended over alleged gross misconduct

(Vanguard)

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Lagos to experience morning, afternoon thunderstorms for 3 days

Published

3 hours ago

May 6, 2024

Trends Admin

thunderstorms

Lagos to experience morning, afternoon thunderstorms for 3 days

The Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Monday to Wednesday across the country.

NiMet’s weather outlook released on Sunday in Abuja forecasts sunny and hazy conditions on Monday over parts of Yobe, Jigawa, Kano and Katsina states throughout the forecast period with chances of morning thunderstorms over parts of Taraba state.

“However, localised thunderstorms are expected over parts of Kaduna, Bauchi, Zamfara, Kebbi and Taraba states.

“Cloud patches with sunshine intervals are expected over the North Central region with chances of localised thunderstorms over parts of the Federal Capital Territory, Kwara, Benue and Kogi states during the morning hours.

“In the afternoon/evening period, localised thunderstorms are anticipated over parts of the Federal Capital Territory, Plateau, Nasarawa, Benue, Kogi, Kwara and Niger states,” it said.

The agency envisaged cloudy skies with intervals of sunshine over the Inland states of the South and the Coast. It anticipated chances of localised thunderstorms over parts of Ogun, Oyo, Edo, Delta, Bayelsa, Cross River and Akwa Ibom states during the morning hours.

NiMet predicted localised thunderstorms over parts of Imo, Abia, Ondo, Osun, Ekiti, Oyo, Rivers, Edo, Cross River, Akwa Ibom, Lagos, Bayelsa, Rivers and Delta states later in the day. According to him, sunny skies with few patches of cloud are anticipated over the northern region during the morning hours on Tuesday.

“Later in the day, localised thunderstorms are expected over parts of Kaduna, Taraba, Zamfara and Kebbi states. The North Central region is expected to be cloudy with sunshine intervals.

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“Also, with chances of localised thunderstorms over parts of Kogi, Nasarawa, Benue and the Federal Capital Territory during the morning hours,” it stated.

NiMet predicted localised thunderstorms over parts of Kogi, Plateau, the Federal Capital Territory, Niger, Kwara, Benue and Nasarawa states later in the day.

It anticipated cloudy skies with intervals of sunshine over the Inland of the South and the Coast with chances of isolated thunderstorms over parts of Enugu, Imo, Anambra, Ebonyi, Rivers, Cross River and Akwa Ibom states in the morning hours.

It forecast localised thunderstorms over parts of Imo, Abia, Enugu, Anambra, Edo, Ondo, Oyo, Osun, Ogun, Ekiti, Delta, Rivers, Cross River, Akwa Ibom, Bayelsa and Lagos states. The agency envisaged a sunny atmosphere with patches of cloud over the northern region during the morning hours on Wednesday.

“Later in the day, localised thunderstorms are expected over parts of Taraba and Kaduna states. Cloudy skies with intervals of sunshine are expected over the North Central region during the morning hours.

“In the afternoon/evening period, localised thunderstorms are anticipated over parts of the Federal Capital Territory, Nasarawa, Plateau and Niger states. A cloudy atmosphere is expected over the southern region during the morning hours.

“Later in the day, thunderstorms are expected over the entire region,” it added.

NiMet urged the public to take adequate precautions as strong winds might precede the rains in areas where thunderstorms were likely to occur. The agency advised the Airline operators to get updated weather reports and forecasts from NiMet for effective planning in their operations.

Lagos to experience morning, afternoon thunderstorms for 3 days

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Your position on state police unacceptable, Lagos Assembly tells IGP

Published

3 hours ago

May 6, 2024

Trends Admin

Inspector-General of Police (IGP), Olukayode Egbetokun

Your position on state police unacceptable, Lagos Assembly tells IGP

The Lagos State House of Assembly has kicked against the position of the Inspector-General of Police, IGP, Olukayode Egbetokun, that Nigeria is not ripe for the establishment of state police.

Speaker of the House, Mudashiru Obasa, directed the Clerk of the House, Olalekan Onafeko, to write the Inspector-General and the National Assembly stating that the state lawmakers reject Egbetokun’s position.

Recall that the IGP, represented at a recently held one-day dialogue on state policing, themed, ‘Pathways to Peace: Reimagining Policing in Nigeria,’ opposed the establishment of state police, arguing that it would increase ethnic tension and cause divided loyalty in states of the federation.

The IGP also suggested that the Federal Road Safety Corps and the Nigeria Security and Civil Defence Corps be merged with the police force.

However, speaking at plenary on Monday, Obasa, who noted that the FRSC and the NSCDC have not been able to solve the problems of accidents on roads and pipeline vandalism respectively, wondered how effective they would be if they are merged with the police force.

“In Lagos State, we have the Security Trust Fund through which successive administrations starting from that of Asiwaju Bola Ahmed Tinubu have provided enormous support to the police command in Lagos State. Yet, crime of different dimensions has continued.

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“This shows that no matter what Egbetokun has proffered as solution, such won’t solve our problem. The position of the IGP is unacceptable.

“We strongly believe that if we have state police, we would be able to solve the issues of crime in our nation or reduce it to the minimum.

“As we have seen in other climes, the United Kingdom has different levels of policing just like the United States of America. So why should ours be different?

“The lives of our people are very important and we must do everything possible to make sure we protect lives and property. We want to state categorically that we believe in state police and we want to urge the National Assembly to continue with its intendment to establish state police through the process of constitutional amendment,” Obasa said while praising President Tinubu for his resolve to end insecurity in the country.

Commending the Speaker for his stand on the issue of state police, the lawmaker representing Badagry Constituency 1, argued that with its current structure, it would be difficult for the Nigeria Police Force to effectively secure the country.

Also declaring his support for state police, another lawmaker, Hon. Sa’ad Olumoh (Ajeromi/Ifelodun 1), said each Nigerian state currently has a local security outfit in the semblance of state police.

“Today, which state does not have state police one way or the other? This is a cause that should be supported. For the IG to come out and say state police is not in the interest of Nigeria shows he is not considering the reality of insecurity on Nigerians,” he said.