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NNPC Uncovers 165 Illegal Refineries in Niger Delta
In the past week, the Nigerian National Petroleum Company Limited (NNPC) discovered 165 illegal refineries in the Niger Delta. From June 15 to 21, around 400 incidents of oil theft and vandalism were reported.
NNPC found 69 illegal connections in Bayelsa and Rivers States and recorded eight oil spills due to vandalism.
In Warri, an illegal loading point was discovered, and 69 illegal refineries were dismantled in Okrika, Rivers State. Additional illegal sites were found in Abia and Bayelsa States.
The NNPC also uncovered 19 illegal storage sites and seized 11 vehicles and 39 boats transporting stolen crude.
NNPC CEO Mele Kyari stressed the need to address security challenges to boost oil production, noting that over 5,800 illegal pipeline connections and 6,000 illegal refineries have been removed in the past two years.
President Bola Tinubu speaks on CNG in Nigeria and shares how the benefits from it aren’t even helping the government but are going into the pockets of truck owners.
While speaking on his promise to help the refinery and the removal of the fuel subsidy to better the country, he spoke on CNG:
“Equally, the introduction of compressed natural gas — well, I will appeal to you: we will do more and encourage you, but ask your drivers to let the benefits trickle down to commuters too, because whatever benefit is coming from CNG is going into the pockets of truck owners. It’s not spreading as fast as I would like, but it should spread.
“The refineries you mentioned are going to come back to work. We’re just building a very firm reset and structural reworking of the economics of it.”
The Nigerian youth leaders of Ogun State call on the government for their support to advance youth development in the state.
For International Youth Day, Ogun State held a programme with Nigerian youth leaders, and it was shared.
“Ogun State is at a trajectory moment of transition and continuity, and it’s a political season. We are trying to ensure that youth inclusion is key in the next administration’s agenda.”
“A dedicated ministry will help coordinate opportunities for our young people and ensure that their voices are properly channelled.”
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
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