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

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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.”

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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.

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Waiya Urges Northern Appointees to Take Tinubu’s Renewed Hope Message to Grassroots

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Comrade Ibrahim Abdullahi Waiya, Co-Convener of the Nigeria Forward Project, has urged political appointees of President Bola Ahmed Tinubu from Northern Nigeria to take the message and achievements of the administration’s Renewed Hope Agenda to the grassroots.

Waiya made the call in a statement in which he said those entrusted with public responsibilities must communicate the policies and achievements of the Federal Government more effectively to citizens, particularly as the country approaches the 2027 general elections.

According to him, the call by the Secretary to the Government of the Federation, Senator George Akume, for ministers, special advisers, chairmen and chief executive officers of federal government agencies to improve communication of the administration’s achievements should be taken seriously by appointees across the country.

Waiya said Akume made the call at the Federal Appointees Strategic Summit in Abuja, where he reportedly urged government officials to communicate the impact of the administration’s policies and programmes to Nigerians more effectively.

He said the call had assumed greater political significance as political activities ahead of the 2027 presidential election intensify, with various groups and political leaders beginning grassroots mobilisation for President Tinubu.

Waiya noted that reports of heads of federal government agencies describing themselves as “foot soldiers of the Renewed Hope Agenda” demonstrated the growing mobilisation around the administration ahead of the 2027 elections.

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He also referred to reports that Senator Akume had led North-Central political leaders in launching a grassroots mobilisation campaign for President Tinubu and Vice President Kashim Shettima, saying such activities should go beyond political mobilisation.

According to Waiya, the mobilisation should provide an opportunity for government officials and political leaders to explain to Nigerians how the Renewed Hope Agenda affects their daily lives and the development of their communities.

He urged Northern appointees of the Federal Government to communicate what he described as the positive reforms of the Tinubu administration, while presenting measurable achievements in areas such as infrastructure, institutional reforms, economic development and opportunities for citizens.

Waiya said the message should not be restricted to Abuja or other major cities, urging Northern appointees to take the administration’s message to markets, farms, businesses, universities, local communities and households across the region.

He stressed that the concerns and aspirations of ordinary Nigerians should remain central to any campaign for the administration, arguing that citizens would ultimately assess the government based on what they have experienced, seen and understood.

“The 2027 elections will ultimately belong to Nigerians. They will judge the administration by what they have seen, experienced and understood,” Waiya said.

He urged President Tinubu’s appointees not only to campaign for continuity but also to explain the reasons for seeking another mandate, defend the administration’s record with evidence and communicate its future plans clearly to the electorate.

Waiya said the Renewed Hope Agenda should be presented to Nigerians in a manner that enables citizens to understand the policies, programmes and reforms of the administration and their potential impact on communities.

He called on Northern appointees to intensify grassroots engagement, saying the message of the administration must reach people at the community level if it is to be properly understood.

“Now is the time to take the Renewed Hope message to the people. Let the story be told. Let the achievements speak. Let the vision be explained,” Waiya said.

He further urged government officials and supporters of the administration to demonstrate to Nigerians why they believe the Tinubu administration deserves another mandate in 2027.

“Renewed Hope must not remain a government slogan. It must become a story Nigerians can see and feel,” Waiya said.

The statement was signed by Waiya in his capacity as Co-Convener of the Nigeria Forward Project.

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Obasanjo Recalls Asaba Massacre, Urges Forgiveness

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By Yusuf Danjuma Yunusa

Former President Olusegun Obasanjo has described the 1967 Asaba Massacre as one of the most painful and terrible episodes of the Nigerian Civil War.

Obasanjo spoke virtually on Wednesday as chairman of the 59th anniversary memorial held in Asaba, the Delta State capital.

He said the occasion marked the remembrance of “one very sad aspect” of the civil war, adding that the war itself was an unfortunate event that should never have happened.

“But the Asaba Massacre, as it is called, was one of the most painful, one of the most terrible aspects of that war,” he said.

Obasanjo said he was moved to tears after receiving documents on the massacre from Chuks Nduka-Eze, convener of the Asaba Massacre Memorial. He added that he was saddened such an event occurred “in my own country, in my lifetime.”

The former military head of state urged survivors and victims’ families to embrace forgiveness and reconciliation. “To all of you assembled: let us keep one thing in mind — forgiveness, forgiveness, and forgiveness again,” he said. He also called for the tragedy to be remembered as part of efforts to prevent a recurrence.

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In response, Epiphany Azinge, the Asagba of Asaba, said the community could forgive without forgetting the massacre or abandoning its demand for accountability. “We may not forget, but certainly, we have to forgive,” he said.

The monarch, however, said there could be no closure or healing until a sitting Nigerian president publicly apologised to the people of Asaba. “There will be no closure, there will be no healing until a sitting President — not an ex-President, but a sitting President — publicly apologises to us,” he said. He noted that former military Head of State Yakubu Gowon had apologised while out of office.

Azinge also questioned Obasanjo’s appeal for Nigerians to say “never again,” recalling the Odi killings during Obasanjo’s administration. “Coming from him, I was a bit taken aback. How long do we say ‘never again’? But it happened at Odi,” he said.

Despite his demand for a presidential apology, Azinge publicly proclaimed forgiveness for the family of Colonel Ibrahim Taiwo, who was associated with the military operation during the massacre. “On behalf of the Asaba community, and as the prescribed authority — the Asagba of Asaba — I hereby publicly proclaim that we have forgiven the Taiwo family,” he said.

The monarch said the community had accepted the apology offered by retired Major General Ahmed Taiwo, son of Colonel Taiwo. Taiwo had expressed regret and apologised on behalf of his father and family for any act, omission or commission that contributed to the massacre. “I know it will not right the wrong, but I believe and pray it is a start towards reconciliation,” he said.

The 59th anniversary memorial also called for national recognition of the massacre and the establishment of a permanent memorial centre ahead of next year’s 60th anniversary.

The Asaba Massacre occurred between October 5 and 7, 1967, in Asaba, present-day Delta State, during the Nigerian Civil War. It targeted civilians in Asaba, most of them Igbo, and was carried out by the Nigerian Army’s Second Infantry Division.

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Abubakar Aminu Ibrahim Appointed A4A Mobilisation Secretary in Kano

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Hon. Abubakar Aminu Ibrahim has been appointed Secretary of the Directorate of Mobilization of Arewa for Asiwaju (A4A), Kano State Chapter.

Ibrahim announced his appointment in a statement dated October 8, 2026 on his verified Facebook page saying the appointment was approved and conveyed by the Kano State Coordinator of A4A, Engr. Abdullahi Tijjani Muhammad Gwarzo.

According to him, the appointment comes with a significant responsibility, as he expressed appreciation to Gwarzo for considering him worthy of serving in the strategic position within the organisation.

Ibrahim described the appointment as a confidence reposed in him by the leadership of A4A, assuring that he would work diligently to justify the trust placed in him.

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The new mobilisation secretary said he was prepared to work with the leadership and members of A4A to strengthen the organisation’s mobilisation activities across Kano State ahead of the 2027 general elections.

He pledged his loyalty, dedication and commitment to mobilising support for President Bola Ahmed Tinubu and the All Progressives Congress (APC) in the 2027 elections.

Ibrahim said the mobilisation efforts would be aimed at building broad support for Tinubu’s administration and ensuring the success of the APC in Kano State.

He called for collective efforts among members and supporters of A4A, stressing that the task of achieving electoral success would require unity, commitment and sustained grassroots mobilisation.

The newly appointed secretary expressed confidence in the organisation’s ability to achieve its objectives, declaring: “Together we will deliver.”

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