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Breaking:NNPC Discovers Oil In Nassarawa State

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Melee Kyari GMD NNPC

 

The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state.

It said the discovery was in continuation of its oil exploration activities in the country’s inland basins, adding that it would spud the first oil well in Nasarawa State in March 2023.

On January 5, 2023, The PUNCH reported that NNPC was prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi and Gombe states.

The report stated that NNPC was taking coordinated steps for more frontier exploration in the region, as part of measures to shore up the country’s oil output and reserves.

The company had disclosed this in a document on the frontier exploration services activities of the NNPC from 2020 to 2022, as outlined some prospective states where oil was expected to be discovered include Niger, Nasarawa, Sokoto, Borno, Yobe, Adamawa, Bauchi, and Gombe.

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Beyond the North, the Anambra basin was listed as another area where the NNPC was striving to find more oil.

Prospecting is the first stage in discovering the oil and gas fields, under which seismic surveys are carried out.

On Friday, NNPC’s Group Chief Executive Officer, Mele Kyari, announced the oil discovery and the planned spud-in when the Governor of the state, Abdullahi Sule, led a delegation of prominent indigenes on a courtesy visit to NNPC in Abuja.

Kyari, in a statement issued in Abuja by the corporation’s spokesperson, Garba-Deen Mohammad, said the results of exploratory activities confirmed the presence of substantial hydrocarbon resources in the state.

He called for prompt action on the project as the global energy transition had led to a reduction in investment in fossil fuels.

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you,” Kyari stated.

He added, “Otherwise, 10 years from now, no one will agree to put money in the petroleum business except it comes from your cash flow.”

He said community support and a conducive environment were key to a successful operation in the area, in order to avoid the experience of the Niger Delta.

In his response, the Nasarawa State Governor, Abdullahi Sule, congratulated the NNPC boss on the successful commencement of oil production and the Kolmani Integrated Development Project which was inaugurated in November 2022 by the President, Major General Muhammadu Buhari (retd.).

He commended the President for his support and assured NNPC of a conducive environment.

 

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Kano Gov’t Meets Lawyers, Approves 75% of Demands, Orders Salary Payments

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Governor Abba Kabir Yusuf of Kano State has approved 75 percent of the demands put forward by the state’s lawyers’ association, following their recent industrial action.

The decision is part of the government’s broader efforts to address challenges within the judiciary sector and enhance the welfare and working conditions of government-employed legal practitioners.

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As part of the measures, the governor also directed the immediate payment of two months’ outstanding salaries owed to newly recruited lawyers who had yet to receive their entitlements. The directive was disclosed by the Commissioner for Information and Internal Affairs.

The lawyers’ association has welcomed the development, describing it as a clear indication of the administration’s responsiveness and commitment to addressing their concerns.

The resolution is expected to bring the industrial action to an end and pave the way for the full resumption of legal and judicial activities across Kano State.

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FG Amends Charges Against Malami, Withdraws Terrorism Financing Allegation

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By Yusuf Danjuma Yunusa

The federal government has amended charges filed against Abubakar Malami, former attorney-general of the federation (AGF), and his son Abdulaziz, removing the allegation bordering on terrorism financing.

At the court session on Wednesday, Akinlolu Kehinde, counsel to the Department of State Services (DSS), informed the court about the amendment and applied to substitute the former charge.

The amended charge borders on illegal possession of firearms.

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Shaibu Aruwa, counsel to the defendants, confirmed that his clients were served with the amended charge and agreed that the fresh charge be read to the defendants.

Consequently, the amended charge was read to the defendants, to which they pleaded not guilty.

Joyce Abdulmalik, presiding judge, allowed the defendants to continue on the bail terms and conditions granted to them on February 27.

The case has been adjourned to May 26 and June 15 for trial.

In the amended charge, the prosecution alleges that arms and live cartridges were found in Malami’s residence in Birnin Kebbi.

Malami and Abdulaziz were first arraigned by the DSS on February 3 on a five-count charge bordering on alleged terrorism financing and illegal possession of firearms.

The DSS accused Malami of refusing to prosecute terrorism financiers whose case files were reportedly forwarded to the office of the attorney-general for prosecution.

On February 27, the ex-AGF and his son were each granted bail of N200 million with two sureties in like sum.

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Nigeria’s Inflation Rate Climbs to 15.38% in March

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By Yusuf Danjuma Yunusa

The National Bureau of Statistics (NBS) has reported a rise in Nigeria’s headline inflation rate, which increased to 15.38% in March 2026, up from 15.06% recorded in February.

According to the NBS’s latest Consumer Price Index (CPI) report released on Wednesday, the 0.32 percentage point increase marks the second consecutive monthly rise in inflation this year. The March figure also represents a significant jump compared to the same period last year, underscoring persistent price pressures across key sectors.

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Analysts point to rising food and energy costs, coupled with lingering supply chain disruptions, as primary drivers of the uptick. The NBS noted that food inflation remained elevated due to higher prices of staple items such as bread, cereals, and vegetables, while core inflation excluding volatile agricultural produce and energy also edged upward.

The development puts additional pressure on households and businesses, and may influence the Central Bank of Nigeria’s monetary policy stance in the coming months.

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