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Boost for Nigeria’s Oil Production, As NNPC’s Utapate Crude Grade Hits Global Oil Market

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Managing Director, NNPC E & P Limited (NEPL), Mr. Nicholas Foucart speaks at the official unveiling of the Utapate crude oil blend during the Utapate Crude Roadshow held on the sidelines of the 2024 Argus European Crude Conference in London, United Kingdom, on Wednesday.

 

 

In a major boost for Nigeria’s crude oil production, revenue generation and
economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil
grade, the Utapate crude oil blend, before the international crude oil market.

It would be recalled that in July, 2024, NNPC Ltd and its partner, the Sterling Oil
Exploration & Energy Production Company (SEEPCO) Ltd introduced the Utapate
crude oil blend, following the lifting of first cargo of 950,000 barrels which headed
for Spain.

During a ceremony held at the Argus European Crude Conference taking place in
London, United Kingdom, on Wednesday, the Managing Director, NNPC E & P
Limited (NEPL), Mr. Nicholas Foucart described the introduction of the Utapate
crude oil blend into the market as a significant milestone for Nigeria’s crude oil
export to the global energy market.

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“Since we started producing the Utapate Field in May 2024, we have rapidly
ramped up production to 40,000 barrels per day (bpd) with minimum downtime.
So far, we have exported five cargoes, largely to Spain and the East Coast of the
United States; while two more additional cargoes have been secured for November
and December 2024, representing a significant boost to Nigeria’s crude oil export
to the global market,” Foucart told a packed audience of European crude oil
marketers.
He added that since its introduction into the global market, the Utapate crude oil
blend has enjoyed a positive response from the international crude oil market, due
to its highly attractive qualities.
Foucart said the Oil Mining Lease (OML) 13, fully operated by NEPL and Natural
Oilfield Services Ltd (NOSL), a subsidiary of SEEPCO Ltd, boasts a huge reserves of
330million barrels of crude oil reserves, 45 million barrels of condensate and 3.5 tcf
of gas.
“We have a number of ongoing projects to increase our production from the
current 40,000bopd to 50,000bopd by January 2025 and 60,000bopd to
65,000bopd by June 2025. Essentially, we are targeting opportunities to increase
production to 80,000bopd by the end of 2025,” Foucart added.He said the Utapate crude oil terminal is sustainable, affordable and fully compliant
with the rigorous environmental regulations and sustainability principles especially
those aimed at reducing carbon emissions and other ecological effects.
Also speaking, the Managing Director of NNPC Trading Ltd (NTL), Mr. Lawal Sade
said the pricing structure of the Utapate crude oil blend is similar to that of
Amenam crude as it is a light sweet crude which is highly sought after by refiners
across the world due to its low sulphur content, efficient yield of high-value
products, API gravity and other similarities.
He said in bringing the new crude oil blend to the global market, NNPC Ltd wanted
to optimise value for both its producers and counterparties across the globe.
He added to ensure predictability and sustainability of supply, the NNPC Trading
intends to run a term contract on the Utapate crude oil blend cargoes, principally
targeting off-takers from the European and the US East Coast refineries.
Produced from the Utapate field in OML 13 in Akwa Ibom State in Nigeria, the
Utapate crude oil blend is similar to the Nembe crude oil grade. It has a low sulphur
content of 0.0655% and low carbon footprint due to flare gas elimination, fitting
perfectly into the required specification of major buyers in Europe.
The NNPC E&P Ltd and NOSL partnership is also committed to operating in a
manner that is safe, environmentally responsible, and beneficial to the local
communities.
The Utapate field development plan, executed between 2013-2019 and approved in
October, included converting wells and facilities from swamp/marine to land-
based operations.
The plan involved a multi-rig drilling campaign for 40 wells and the development
of significant infrastructure such as production facilities, storage tank, a subsea
pipeline and an offshore loading platform to facilitate crude oil evacuation and
loading.

The entry of the Utapate crude oil blend into the market is coming barely a year
after the NNPC Ltd announced the launch of Nembe crude oil, produced by the
NNPC/Aiteo operated Oil Mining Lease (OML) 29 Joint Venture (JV).

In a statement by Olufemi O Soneye Chief corporate communications officer NNPCL said the remarkable achievement signals the commitment of the NNPC Ltd to
increasing Nigeria’s crude oil production and growing its reserves through the
development of new assets.

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Court Restrains Anti-Corruption Commission, Others from interfering in MAAUN’s Affairs

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A Kano High Court has granted an interim injunction restraining the Public Complaints and Anti-Corruption Commission (PCACC) and four other parties from interfering in the internal and external affairs of Maryam Abacha American University of Nigeria (AAUN), Kano.

Justice Sanusi Ado Ma’aji of the High court of Kano Judicial Division issued the order, while ruling on a motion of ex parte filed by the management of the university.

The respondents in the suit are the Kano State Government, PCACC, Kano State House of Assembly and the state’s Attorney-General and concerned parents of the institution.

Justice Ma’aji in the court order dated December 11, 2025, restrained the respondents or any other person acting on their behalf from inviting officials of the institution or interfering in the administrative and academic activities of the intuition, pending the hearing and determination of the substantive suit.

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The court also directed all the parties to maintain status quo in relation to the matter between the applicant and the first respondent, pending the determination of the originating summons.

Speaking after the ruling, MAAUN’s counsel Zahraddeen M. Bello, said that the court’s decision reaffirmed the rule of law and the need for due process, saying the university will continue to operate within the confines of law, while the case is pending.

However, the court granted leave to the applicant to serve court processes on the fifth respondent at its office located at No. 224 Sabo Bakin Zuwo, Kano.

The matter was adjourned to December 29, 2025 and the order was given under the hand and seal of the presiding judge and was duly endorsed by the Principal Registrar of the court.

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Jigawa Trains Local Government Chairmen on 2025 Tax Reform Act

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The Jigawa Joint Task Committee has commenced a two-day capacity-building training for local government chairmen and policymakers. The two-day capacity program focused on the new Nigeria Tax Reform Act (NTA) 2025, which is scheduled to take effect nationwide on January 1, 2026.

The training gathered a contingent of state and local revenue stakeholders, including all 27 local government chairmen of Jigawa State, led by the Chairman of the Association of Local Governments of Nigeria (ALGON), revenue officers, and key policy and tax experts.

The core objective of the session was multifaceted: to enhance understanding of the NTA 2025 and its specific implications for local government administration, strengthen collaboration between state and local tiers for revenue harmonization and joint administration, and improve the technical capacity of local government leaders in deploying modern revenue processes and digital systems.

During the event, the Executive Chairman of the Jigawa Internal Revenue Service (JIRS), Dr. Nasir Sabo Idris, commended the state government’s leadership for its commitment to fiscal autonomy.

“I wish to acknowledge the immense support of His Excellency, Governor Malam Umar Namadi, FCA,” Dr. Idris said.

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According to Dr. Idris, Jigawa Governor’s commitment to revenue generation has been unwavering, ensuring a consistent improvement in the state’s Internally Generated Revenue (IGR).

Dr. Idris pointed out that the upcoming launch of JigiTax, a wholly digital platform designed to streamline and modernize revenue collection across Jigawa State, is underway.

He said the move is seen as a direct response to strengthening transparency and blocking revenue leakages.

On his part, the Jigawa State Commissioner for Local Government, Ibrahim Graba Hannun-Giwa, whose address was delivered by the Director of Research, Malam Samaila Yusuf, said:

“The Ministry of Local Government is doing all it takes to continue supporting the visionary policies of Governor Namadi and driving policies that will shore up the revenue base of our local governments,” Malam Yusuf stated, emphasizing a unified approach to fiscal strength.

The dividends of the collaborative efforts were highlighted by the ALGON Chairman, who also serves as the Chairman of Dutse Local Government.

Speaking to newsmen, he asserted that the state’s disciplined approach had fundamentally altered the financial landscape at the grassroots level.

“With the commitment shown by Governor Namadi and the diligent efforts of the Jigawa Joint Revenue Committee, no local government in Jigawa now seeks intervention,” the ALGON Chairman declared.

He said, “Revenue loopholes are being systematically blocked, and improved compliance by different stakeholders, including markets and motor parks remitting their taxes, has significantly boosted our revenue drive.”

He further confirmed that the local governments had already undertaken a series of awareness trainings for all relevant stakeholders to ensure a seamless transition to the NTA 2025.

Barrister Aliyu Abdullahi said the in a paper presentation titled “State and Local Government in the Law,” by a legal practitioner. The paper specifically called for the legislative institutionalization of the Jigawa Joint Revenue Committee by the State House of Assembly. This institutional backing, the practitioner argued, would solidify the collaborative framework for revenue harmonization and ensure its longevity beyond the current administration.

 

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Former President Obasanjo Endorses Turaki’s Faction of PDP

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By Yusuf Danjuma Yunusa

Former President Olusegun Obasanjo hosted the national working committee (NWC) of a faction of the Peoples Democratic Party (PDP) at his residence in Abeokuta, Ogun state.

The PDP faction visited the former president on Saturday, and Kabiru Turaki led the delegation.

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Those among the delegation are: Muazu Aliyu, former Niger governor; Jonah Jang, former governor of Plateau; Adolphus Wabara, former senate president, and many more.

Interacting with the delegation, Obasanjo commended the faction’s effort, adding that its members should “soldier on”.

The former president also urged the faction to remain steadfast in instilling discipline in the party, adding that:

“anybody who wants to belong to a political party must adhere strictly to its rules and regulations”.

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