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We’ll Use Gas to Revolutionise Nigeria’s Power, Industrial Sectors –Kyari

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The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Ltd., Mr. Mele Kyari, has said that the company will utilise Nigeria’s abundant gas resources to revolutionize the nation’s power and industrial sectors.

Kyari disclosed this during a signing ceremony of a Shareholders Agreement (SHA) between the NNPC Ltd., UTM Offshore (an indigenous company), and the Delta State Government on the development of the first Floating Liquefied Natural Gas (FLNG) facility in Nigeria, held at the NNPC Towers in Abuja, on Tuesday.

“In the next 2-3 years, we will use gas to bring about a revolution in our country. The outcomes will be clear on the table; there will be prosperity, and value will be created. Not just creating gas for export but progressing on all our initiatives of bringing gas into the domestic market. Our backbone infrastructures are almost ready to ensure we achieve that. Once that happens, we will see the immediate impact on the power sector, gas-based industries and several other collateral value that this will create,” the GCEO stated.

Describing the FLNG project as a task that must be done, Kyari said Nigeria is a gas country whose abundant gas resources have been under-utilised. He stressed that the new focus is to monetise such gas resources for the benefit of the country and the world.

He said the FLNG Project clearly fits into the Federal Government’s gas aspirations under the Decade of Gas Initiative and in line with Mr. President’s clear agenda to create a gas hub so that value can be maximised, and Nigeria achieves the prosperity that it deserves.

Reiterating NNPC Ltd.’s commitment towards the project, Kyari said the FLNG was the first of its kind that the company was taking keen interest and holding an equity in.

“More than this, there are several Floating LNGs that we are promoting, including fixed LNG projects. We are happy to collaborate with the Delta State Government. We will take practical steps to get it done. We are committed to delivering this project in time, on schedule and in the best possible cost,” the GCEO added.

Earlier in his remarks, the Group Managing Director of UTM Offshore Limited, Mr. Julius Rone described the SHA execution as another significant milestone in actualizing Nigeria’s first indigenous FLNG.

He thanked President Bola Tinubu for his dedication towards developing the Nation’s gas resources, as exemplified in the recently held COP28 Conference in Dubai, UAE, where the President made a commitment for the complete flare-down and use of Nigeria’s gas resources as a transition fuel to achieve the global transition to cleaner energy fuels and reduce methane emission in oil and gas operations.

He also lauded the GCEO of NNPC Ltd for his leadership and commitment in ensuring that Nigeria’s gas resources are developed within the provisions of the Petroleum Industry act (PIA) 2021.

Also speaking, the Governor of Delta State, Rt. Hon. Sheriff Oborevwori said that the Delta State Government, which has 40% of Nigeria’s proven gas reserves, decided to take 8% equity because of its conviction of the strategic importance of the project to the national economy.

Apart from producing over 300,000 metric tonnes of LPG (cooking gas) which will be dedicated to the domestic market, the Governor said the FLNG project will also help to mitigate the environmental hazards in the Niger Delta by reducing gas flaring; creating ample employment opportunities and ensuring the switch from kerosene and firewood to cleaner energy, thus improving the health and general wellbeing of the people.

In attendance to witness the execution of the SHA was the Honourable Minister of State for Petroleum Resources (Gas) Rt. Hon. Ekperikpe Ekpo, who said the FLNG will ensure the monetisation of Nigeria’s gas resources to drive the economy and attain energy security.

Speaking briefly on the project, the Executive Vice President, Gas, Power & New Energy, Mr. Olalekan Ogunleye lauded the Federal Government for its belief in the ability of gas to drive and accelerate economic growth which has been exemplified by the initiative to create a gas economy, especially through the Decade of Gas.

The FLNG facility is expected to produce 1.81 to 2.72 metric tonnes per annum (mtpa) of gas. The project equity has NNPC Ltd., UTM Offshore and the Delta State Government holding 20%, 72% and 8% stakes respectively.

 

 

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Kano State Hosts 8th Annual Audit Forum to Enhance Transparency and Accountability

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The 8th Annual Audit Forum, organized by the Office of the Auditor General of Kano State, was held recently, focusing on strengthening transparency and accountability in public financial management. .

Isma’ila Musa, the Auditor General of Kano State, welcomed the participants and highlighted the constitutional and legal mandates that guide the auditing process. “Sections 125(2) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and 36(i) of the Kano State Audit Law, 2021 (as amended) mandate the Office of the Auditor General to audit the accounts and financial statements of the State Government and all Offices and Courts,” he stated.

Musa expressed immense gratitude to His Excellency, Engineer Abba Kabir Yusuf, the Governor of Kano State, for his support in making the event possible. “It is very important to note that a strengthened fiscal transparency will help build trust in governance,” he emphasized. He added that the Audit Forum is a reform intended to reduce opportunities for corruption and abuse of public resources, thereby increasing the efficiency of public expenditures.

The Auditor General also acknowledged the contributions of various officials, including the Hon. Commissioner Ministry of Planning and Budget, the Accountant General, the Executive Chairman of Kano Internal Revenue Services, and former Auditors General, among others. “My sincere appreciation to all the invitees here present for honoring our invitation. I wish us a successful 8th Kano State Annual Audit Forum,” Musa concluded.

In his remarks, the Chairman of the House Committee on Public Accounts, Honorable Tukur Fagge, praised the exercise for its potential to enhance resource management and ensure the success of the tasks at hand. “This exercise will enhance resources management and will realize the success of the task,” Fagge stated.

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Sarkin Shanon Kano, Shehu Muhammad Dankadai, who served as the royal father of the day, also graced the event, adding to the significance of the occasion.

The forum underscored the commitment of the Kano State Government to upholding transparency and accountability, reflecting the administration’s dedication to effective and efficient service delivery.

 

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Breaking: Former Secretary of Federal Electoral Commission, FEDECO, Ahmadu Kurfi Passes On at 93

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Late Alhaji Ahmadu Kurfi

 

A former secretary of the Federal Electoral Commission, Alhaji Ahmadu Kurfi, has passed away.

A family source, Jafar Yakubu, informed NIGERIAN TRACKER about the death of the pioneer secretary of the Federal Electoral Commission, who supervised the 1979 general election.

 

Jafar Yakubu said Alhaji Ahmadu Kurfi died at the age of 93 and his Janaza funeral prayers will take place by 2:30 PM at Kurfi in KATSINA state .

 

Dr. Amadu Kurfi, OFR, was born in 1931. He was a former chairman of the then Marketing Board, former Federal Permanent Secretary of the Federal Ministry of Defence, and the first person to acquire a BSc degree in the whole of Katsina State, at University College London in 1957.

 

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President Tinubu Sacks UNIZIK Vice-Chancellor, Registrar

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The governing council of the Nnamdi Azikiwe University has been dissolved by President Bola Tinubu.

The president dissolved the council and approved the removal of the institution’s vice-chancellor Bernard Odoh and the university registrar, Rosemary Nwokike.

A statement by Bayo Onanuga, the special adviser to the president on information and strategy said the action by Tinubu follows allegations of procedural violations in the appointment of the Vice-Chancellor.

He also said that the council led by Greg Ozumba Mbadiwe and including five other members—Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin was accused of bypassing due process to appoint an unqualified candidate, prompting federal intervention.

Onanuga said, “The sacking of the governing council and officials followed reports that the council illegally appointed an unqualified vice-chancellor without following due process.

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He added that following the controversial appointment, the Federal Government stepped in to address the rivalry between the university’s Senate and the governing council of the institution.

“The government expressed concern over the council’s apparent disregard for the university’s governing laws in its selection process”, Onanuga added.

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