Headlines
NNPCL, Others Give Nigeria Economy Clean Bill of Health, Say PH, Kaduna Refineries Begin Production August, December
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has declared that the Port Harcourt refinery will begin to deliver refined petroleum products in August while that of Kaduna and Warri will commence by December, just as he insisted that they were not lying to the nation.
Kyari, who spoke on Monday, in Abuja when he appeared before Senator Sani Musa, APC, Niger East led National Assembly joint Senate and House of Representatives Committee on Finance during an emergency session on the state of the economy, assured that by the end of the year, Nigeria will be a net exporter of petroleum products.
Recall that Mele Kyari had said in March this year shortly after meeting with the Senate Ad-hoc Committee on Turnaround Maintenance of the country’s four refineries that the Port Harcourt refinery will begin to deliver refined petroleum products in two weeks. He had disclosed then that the rehabilitation of the refinery had been completed, having passed its “completion mechanical” procedure.
The NNPCL Chief Executive Officer opened up yesterday when the Senator said, “Thank you, Group CEO. We have not reached the questions and answers session. For the benefit of the press that is here, I know that they are very keen to know if we will start our domestic production from our refineries that have been refurbished. So if you can just give a word on that, then we now excuse the press so that we can go on to the closed session.”
Kyari said, “Yes, I’m aware that there are several comments in the public space around refining business and domestic production, including production that will come from the commissioned Dangote refinery. Yes, this country, as we have said, will be a net exporter of petroleum products by the end of this year.
“We are very optimistic that by December this country will be a net exporter. That means a combination of production coming from us, and also from the Dangote refinery and other smaller producing companies that we know are in line to do this.
“So I can confirm to you, Mr. Chairman, that by the end of the year, this country will be a net exporter of petroleum products.
“And specific to the NNPC refinery. As you recall, and we have spoken to a number of your committees, it is impossible to have the Kaduna refinery come into operation before December, it will get to December. Both Warri and Kaduna.
“Let me explain this very clearly. We did have mechanical completion of the Porth Harcourt refinery, which means that every technical work that is required to get the refinery to work has been completed. This is what we announced December last year, if you recall.
“Once you are mechanically completed for an existing refinery, even for new ones, there are several technical steps that you have to take when you are introducing hydrocarbon into this plant. It is only then that you will see the real challenges of even a new refinery. And I can confirm to you today that we have gone through this.
“We are already introducing hydrocarbon under a hot situation, that’s what we call it. And I’m very sure that latest by early August, the Port harcourt refinery will start producing products.
“And of course, the new one will get to December. And Warri will also be in production. I’m very optimistic. I don’t have any confirmation at this moment, so that nobody quotes me and says, oh, you keep lying. No, we’re not lying to you, Mr. President. This is a technical process.
“We do our best of intention. You can put debts on a refinery start-up, but it is when you get to start-up that you see the real challenges, even for a new refinery. As you can see, even a new, porthacouurtģ refinery, it really has to take steps and processes to get it to full operationality.
“This is very normal in a refinery operation. So we don’t put hard debts on it because there are things that you are never in control. Otherwise, I can confirm to you that we are taking every step to make sure that it works.”
In their remarks, the Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso who was represented by his Deputy, Economic Policy Directorate, Muhammad Sani Abdullahi, the Minister of Budget and Economic Planning, Senator Atiku Bagudu all agreed that with the ailing economy situation, Nigeria is emerging stronger.
The CBN particularly said that Nigeria was emerging stronger from her economic malaise.
In his remarks, Chairman of the Committee, Senator Musa, who urged Nigerians to persevere, said that the indicators are showing that the economy was doing well.
Senator Musa said, “at least we heard from the Honorable Ministers that are here. We also heard from the group CEO and the representative of the government of the central bank. And all that we have all heard, we are all on the same path.
“It is about economic growth. It’s about how we can get our policies to work. How we will support Nigerians.
“The National Assembly is very concerned because we are the representatives of the people. And we are obliged to ask what is happening. And this is the reason (why) such a meeting is very important.
“And we have heard from them. At least they have given us a preamble of the activities going on. On how our economy can get back on track.
“You are all aware of the obstructions our economy has had in the previous years. And it’s not going to be easy that overnight, in 365 days or in one year of the coming administration, things will change. It will be gradual.
“And I believe that Nigerians will persevere. This is the only time we can all come together as Nigerians to give His Excellency the President all the needed support. To get us out of all the trouble we have been.
“And you can see the indicators are showing that the economy is doing well. The only thing is that things are a bit difficult because it’s not easy for inflation that has gone up to go down like that. It takes time.
“There are some indices, there are some indicators that have to work together. It’s not like having positive and negative cables. When you put the two together, you will achieve what you want to achieve.
“But when you say, okay, everything should go negative, it will not work. So we have had negativities in the economy. And now we are trying to bring the positivities to work.”
Vanguard
Former Governor of Delta State, Peoples Democratic Party (PDP) presidential running mate in the 2023 election, Senator Ifeanyi Okowa, has dumped the PDP for the All Progressives Congress (APC).
Okowa confirmed the news of his defection to ARISE NEWS on Wednesday following the announcement of the current governor of Delta State, Sheriff Oborevwori, who also defected from the PDP to the APC on Wednesday.
The development was disclosed by Senator James Manager after a six-hour meeting at Government House, Asaba.
“All PDP members in the state, including the governor, former Governor Okowa, the Speaker, the state party chairman, all the local government chairmen and others, have agreed to move to the APC,” Manager stated. “We cannot continue to be in a sinking boat.”
Delta State Commissioner for Information, Mr Aniagwu Charles, officially confirmed the sweeping political shift, attributing the decision to the need for renewed direction and enhanced governance in the state.
“There is a need for us to adjust our drinking patterns. And in adjusting that drinking pattern, we needed to make a decision that would further help to cement the development in our state,” he said.
Aniagwu added that the move aimed to sustain progress in law, security, and welfare, likening the PDP to a “palm wine whose taste has changed,” necessitating a change in “drinking party”.
He further indicated that the defection was unanimously agreed upon by key PDP leaders and stakeholders in the state, with a formal public declaration expected on Monday.
“By the grace of God, on Monday next week, we will be able to make a very big statement confirming that we are moving into the APC,” he said.
The mass defection represents a dramatic realignment in Delta State’s political landscape and could significantly alter party dynamics in the broader South-South region, historically a PDP stronghold.
Okowa will be received on Monday by Vice President Kashim Shettima alongside Governor Oborevwori.
AriseNews
Delta State governor, Rt. Hon. Sheriff Oborevwori has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
The defection was announced after Wednesday’s closed-door meeting at the Government House in Asaba by the Governor’s Chief Press Secretary, Sir Festus Ahon.
Ahon said the Governor’s decision to switch allegiance to the ruling APC came after thorough discussions with political stakeholders, aimed at fostering long-term development for Delta State.
Governor Oborevwori, who secured victory in the 2023 gubernatorial election under the platform of the PDP, was welcomed by high-ranking APC officials.
The National Assembly has taken a swipe at Pastor Tunde Bakare over his recent criticism of the country’s legislature, describing it as biased.
Bakare, the serving overseer of The Citadel Global Community Church, had on Sunday condemned the Senate’s suspension of Senator Natasha-Akpoti Uduaghan; the National Assembly’s ratification of the emergency rule in Rivers State.
“The two main contenders in the ongoing institutional immorality Olympics are the executive and the legislature,” he said.
But on Tuesday, the Chairman, Senate Committee on Media and Public Affairs, Yemi Adaramodu, said the cleric was biased and crossed the line in his commentary.
“While the Senate respects the right of every citizen – regardless of station – to express views on the state of the nation, we are constrained to respond when such commentary crosses the line into unwarranted invective and misleading assertions that risk eroding public trust in democratic institutions,” the statement by Adaramodu read.
Adaramodu said, “such commentary crosses the line into unwarranted invective and misleading assertions that risk eroding public trust in democratic institutions”.
“We view his corrosive criticisms of the National Assembly as a biased and political ecumenical homily,” the statement read.
“The challenges facing our country require dialogue anchored on truth, mutual respect, and a commitment to nation-building, not polarizing rhetoric that undermines confidence in our democratic institutions.”
“We are confident that, in time, with a nuanced review of the performance of the 10th national assembly — within the context of the exigencies of this time and season — Pastor Bakare may, at some point in the future, commend us for acting in the best interest of the people of Nigeria, in line with our constitutional mandate,” the Senator added.
