Connect with us

News

NNPC Says Crude Oil Production, Price Benchmark for 2024 Budget Realistic

Published

on

 

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable.

The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari, gave the assurance during an interactive session with the Senate Committee on Finance at the National Assembly, Abuja, on Wednesday.

Speaking on the dynamics of the market in relation to the projected budget benchmark price of $77.96 per barrel, Kyari said: “With what we see in the market today and potentially in the year 2024 and even beyond the next two years, it is very unlikely to see $70 per barrel oil in the market. The oscillation we are seeing, sometimes you do see prices coming down to $75 to the barrel and sometimes it goes above it, overall, benchmarks are averages. We think that the proposal by Mr. President around the $77.96 is still realisable in 2024.”.

On the crude oil production projection, he stated: “The number we have is 1.785mbpd. This is cumulative of all oil produced in the country. This figure is inclusive of all production including crude oil and condensate. I need to make this clarification because of the reports in the media that our OPEC quota is 1.5million barrels per day. The OPEC quota is related only to crude oil. We also do between 250,000 to 300,000 barrels per day of condensate in our production. When you combine the two, the 1.78mbpd is realistic and realisable.”

Advert

He expressed optimism that though there were challenges such as security and force majeure, the measures being deployed by the Federal Government would be able to take care of them to guarantee the projected level of production.

The GCEO also assured that NNPC Ltd. will maintain the level of dividends remittance to the Federation Account as stated in the Medium-Term Expenditure Framework, adding that the projected dividends from the Nigeria Liquefied Natural Gas Ltd. was also realizable and would be flowed directly into the Federation Account as stipulated by the law.

While answering a question on the Company’s Road Tax Credit Scheme, Kyari explained that all the roads being undertaken under the scheme would be duly completed, adding that the scheme was anchored by the Ministry of Works while the Federal Inland Revenue Service and NNPC Ltd. were only playing supervisory roles to ensure that value is delivered for every kobo paid.
Speaking earlier, the Chairman of the Senate Committee on Finance, Senator Mohammed Sani Musa, said the purpose of the interactive session was to deepen conversations on the projections in the 2024 Appropriation Bill to help the lawmakers determine what and where to adjust.

He expressed satisfaction with the explanations offered by the NNPC Ltd.’s helmsman.

News

2027: Former 44 Local Government Speakers During Ganduje’s Tenure, Malam Takai Endorse Senator Barau as Kano APC Gubernatorial Candidate

Published

on

 

The Deputy Senate President, Senator Barau I. Jibrin, has confirmed that a forum of former local government speakers in Kano State, who served during the tenure of former Governor Abdullahi Umar Ganduje, have formally endorsed him as the gubernatorial candidate of the All Progressives Congress (APC) for the 2027 elections.

Senator Barau disclosed this while receiving the delegation, led by Hon. Shuaibu Haruna Gamarya, Chairman of the forum, at his office in the National Assembly, Abuja. He described their visit as a demonstration of unity and commitment to the progress of Kano State.

According to Senator Barau, the delegation, comprising 32 former House Leaders, came with a clear and united message of support. He explained that the group not only declared total backing for President Bola Ahmed Tinubu’s second-term bid but also adopted him as the APC gubernatorial candidate for Kano in 2027.

Speaking on behalf of the group, Hon. Shuaibu Haruna Gamarya said the forum had overwhelming confidence in Senator Barau’s leadership. He described him as “a senator for all, who, irrespective of constituency, offers support for the well-being and development of Kano State and its people.” Gamarya added: “You are our gubernatorial candidate and governor come May 29, 2027, Insha Allah.”

Advert

The forum’s Secretary, Hon. Usman Muazu Garin Malam, reaffirmed their grassroots commitment, stating: “We, the house leaders, hereby support President Tinubu’s second-term bid and endorse you as the sole APC gubernatorial candidate. All we need is your support, and we will mobilise the grassroots for you.”

Former Speaker of Tofa LGA, Hon. Shehu Halilu, highlighted Senator Barau’s developmental projects across communities. He said: “The bridge you built in our village is saving lives. Your interventions touch women, men, children, farmers, and teachers everywhere. This is why we want you as the next governor of Kano.”

Halilu subsequently moved a motion for the formal adoption of Senator Barau’s candidature for 2027. The motion was seconded by Hon. Sunusi Abdu, former leader of Garko LGA, who declared: “Anybody that is against you is an enemy of Kano and an enemy of APC. That person is also against President Tinubu.”

Alhaji Salihu Sagir Takai, coordinator of the Renewed Hope Initiative in Kano, also lent his voice to the endorsement. He urged party members and stakeholders to work together for APC’s victory in the state, saying: “Choosing Senator Barau as Governor is the best decision for Kano, and promoting his candidature is a duty for all lovers of our state.”

In his remarks, Senator Barau expressed gratitude to Almighty Allah and thanked the forum for their courage, unity, and unwavering belief in Kano’s future. He reminded them of the shared responsibility to restore Kano to its rightful place as a centre of commerce, education, industry, good governance, and social progress.

“With dedication, sincerity, and unity of purpose, we will build a stronger, safer, and more prosperous Kano,” Senator Barau said, praying for Allah’s guidance and success in the journey ahead.

 

Continue Reading

News

Kano Bans Unauthorized Hisbah Groups, Outlaws ‘Independent Hisbah Fisabilillahi’

Published

on

 

The Kano State Government has issued a sweeping executive order banning the formation and operation of any unauthorized Hisbah-like groups, particularly targeting a self-styled body known as the “Independent Hisbah Fisabilillahi.

 

The order, titled “Kano State Government (Prohibition of the Independent Hisbah Fisabilillahi) Order 2025,” was signed by Governor Abba Kabir Yusuf and publicly read by the Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, during a press briefing

 

 

He said the executive order draws its authority from Section 5(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), which vests executive powers in the state governor, including the responsibility to maintain public order and enforce state laws.

 

The Commissioner said government expressed deep concern over the emergence of individuals and groups who have been “undertaking recruitment, mobilization and organisation of persons into a body described as ‘Independent Hisbah Fisabilillahi’, without lawful authority and in contravention of the Laws of Kano State.”

Advert

According to the order, Waiya added, such activities amount to the creation of “parallel, unauthorised enforcement structures within the State,” which the government deems “an unlawful act capable of disturbing the peace” and undermining the statutory functions of the Kano State Hisbah Board.

 

He maintained that the order unequivocally declares that “the formation of Independent Hisbah Fisabilillahi is unlawful and it is prohibited from operating or carrying out any activity in the state.”

Reinforcing the exclusive mandate of the Kano State Hisbah Board, the government emphasized that it “shall remain the sole legally recognized institution in the State” for coordinating Hisbah-related functions. Any impersonation of the Board’s authority, uniforms, symbols, or activities is now officially prohibited.

 

He pointed out that the order further directs all relevant security agencies including the Nigeria Police Force, Department of State Services, and Nigeria Security and Civil Defence Corps to investigate the organisers and sponsors of the outlawed group, halt all related activities, and take lawful measures to prevent any breach of peace.

 

In a stern warning to the public, Commissioner Waiya explained that “participation in, support for, or affiliation with the Independent Hisbah Fisabilillahi constitutes violation of the laws of Kano State.” Individuals who have already been recruited or approached for recruitment are urged to “disengage immediately and report to the nearest Security Agencies Division, Hisbah Office or Local Government Authority.”

 

According to him also, violators of the order face prosecution under applicable laws for offences including unlawful assembly, impersonation of lawful authorities, and the establishment of unauthorized enforcement groups. The term “Independent Hisbah Fisabilillahi” is broadly defined to include “any group, unit, committee, movement or body organised for the purpose of performing Hisbah-like enforcement functions outside the statutory Hisbah Board.”

 

“The executive order takes immediate effect and is to be gazetted by the Kano State Government Printer. Governor Abba Kabir Yusuf signed the order on December 8, 2025, marking a significant step in the state’s efforts to centralize religious enforcement under lawful authority and prevent the rise of parallel vigilante structures

Continue Reading

News

Supreme Court Nullifies Tinubu’s Pardon, Restores Maryam Sanda’s Death Sentence

Published

on

 

By Yusuf Danjuma Yunusa

 

Nigeria’s Supreme Court has set aside the presidential pardon granted by President Bola Ahmed Tinubu to Maryam Sanda, the Abuja woman convicted of killing her husband, Bilyaminu Bello, during a domestic dispute.

In 2020, the Federal Capital Territory High Court sentenced Sanda to death by hanging, a verdict later upheld by the Court of Appeal in Abuja.

Advert

In contrast, President Tinubu had subsequently commuted the sentence to 12 years’ imprisonment on compassionate grounds.

However, in a narrow 4–1 judgment delivered on December 12, 2025, the Supreme Court restored the initial death sentence. The apex court dismissed Sanda’s final appeal, ruling that it lacked merit and failed to undermine the findings of the lower courts.

Reading the lead judgment, Justice Moore Adumein held that the prosecution had proved its case beyond reasonable doubt, establishing that Sanda unlawfully caused the death of her husband.

He described the presidential pardon as an inappropriate exercise of executive power, particularly because the clemency was issued while the appeal process in a homicide case was still ongoing.

Continue Reading

Trending