The Nigerian National Petroleum Company says the country can get up to three million barrels per day of crude if all the stakeholders in the oil sector work in synergy.

The country currently produces an average of 1.3 million barrels per day (bpd), according to data from the Organisation of Petroleum Exporting Countries (OPEC).

Olufemi Soneye, NNPC’s chief corporate communications officer, spoke at an interactive session with reporters covering the national assembly in Abuja on Saturday.

Soneye said the country is now averaging 1.7 million bpd because of a recent directive President Bola Tinubu gave to security agencies.

“Three million barrels oil production per day is achievable in Nigeria if all the stakeholders work in synergy for that purpose from the security agencies both government and private owned, to oil companies and host communities,” he said.

“With the expected synergy from all the relevant stakeholders in the war against oil theft and pipeline vandalism, the enabling environment would be in place for optimal oil production to the volume of 2.5 to 3 million bpd.

“At a time, we felt that Nigeria was in trouble as far as oil theft was concerned, but with the intensity of the war against it (crude oil theft) has allayed our fears.”

Murtala Muhammad, NNPC’s deputy manager, command and control centre, said in six months, over 8,000 illegal refineries and 5,800 illegal oil pipelines were found and destroyed

Popular singer Bankole Wellington a.k.a Banky W is the latest of Nigerian entertainers who have relocated abroad with his family in recent times.

Few years back, the likes of actress Omotola Jalade-Ekeinde, Emem Isong-Mosidi, Joseph Benjamin, singer Tekno, Princess Chineke, Bukky Wright, Prince Eke, Jeta Amata among other top entertainers have left the shores of this country for reasons that are not unconnected with the worsening economic situation, insecurity and unending cases of kidnapping in the country.

Also, many other entertainers have said they relocated abroad in search of a better life. And the EME boss is no exception. The singer however revealed in an instagram post that relocating to America with his family was to enable him pursue a Master’s degree at Georgetown University in Washington DC.

Banky W’s relocating to America with his family has raised concerns about the steady mass exodus of Nigeria citizens, including celebrities. His joining the trend, however, speaks volumes of the hopeless situation that Nigerian youths have found themselves.

The federal government has declared Tuesday, October 1, as a public holiday to commemorate Nigeria’s 64th independence anniversary.

Olubunmi Tunji-Ojo, minister of interior, announced the holiday on Saturday in a statement by Magdalene Ajani, permanent secretary in the ministry.

The minister praised patient and hardworking Nigerians, adding that their sacrifices would not be in vain.

He also “reiterated the need for Nigerians to reflect on the labour of our heroes past and be inspired for the tasks ahead, realising that a Nigeria of our dream can only be built when we unite”.

“While wishing Nigerians a Happy Independence Day Anniversary, Dr. Tunji- Ojo urged the citizens to continue to be steadfast in nation-building,” the statement reads.

The federal government had announced that this year’s Independence Day anniversary will be a “low-key event” due to the economic hardship and spiralling inflation bedevilling millions of households.

THE Federal Government has made clarifications on the recent increase in passport fees, saying it is not feasible for the government to subsidise the issuance of the travel document.

Many Nigerians had criticized the government for increasing the passport fees by about 45 per cent.

Minister of Interior, Olubunmi Tunji-Ojo, speaking at a news conference on Friday in Abuja, said the fee adjustment was caused by the high exchange rate between the dollar and the naira.

Recall that in August, the Nigerian Immigration Service (NIS) announced an upward review of the fees for Nigerian Standard Passports.

With the new payment structure, the cost of a 32-page passport booklet with a five-year validity was hiked from N35,000 to N50,000, while a 64-page passport booklet with a 10-year validity rose from N70,000 to N100,000.

Tunji-Ojo maintained that the Federal Government could not subsidise passport fees for Nigerians, stressing that the travel document is an individual thing and not the same as National Identity Card that is produced free for Nigerians.

While also noting that the government was not exploiting Nigerians but simply covering the cost of passport procurement, the Minister, however, explained that the price increase did not affect the fees for Nigerians living abroad.

He said: “The increase in passport fees is a matter of cost-benefit analysis, especially when considering the exchange rate between the dollar and the naira.

“If the government were to subsidise anything, I don’t think it should be passports. The increase is just from N35,000 to N50,000 —only about 45%. There has been no increase for Nigerians abroad,” Tunji-Ojo said.

He added that Nigerians in the diaspora, particularly those in the United States, Canada, and the United Kingdom, would soon enjoy more seamless passport acquisition processes.

“We are going to pre-launch these automated systems very soon. By October, they will be fully operational. In London, for instance, we have 16,000 Nigerians applying for passports, while the capacity of our systems at the Embassy is about 200.

“But now that we have this system in place, Nigerians will no longer need to undertake multiple journeys across the world to acquire a passport,” he stated.

He debunked claims on passport booklet scarcity while responding to a question, saying the NIS current has over 80,000 passports in stock.

He also noted that all passport backlogs had been cleared and that the Nigeria Immigration Service no longer owes its service providers for the printing and supply of passports.

Nigeria will be celebrating its 64th Independence Day on October 1, 2024.

While the government prepares for the traditional celebrations, certain groups have slated this day to begin sustained protests against the current hardship, which they attribute to ‘bad governance.’ This planned protest, tagged #FearlessInOctober or EndBadGovernanceProtestInNigeria 2.0, follows a similar 10-day protest in August where thousands across various states expressed grievances against government policies.

The August protests focused on reversing government policies, including the removal of subsidy on petrol, floating the naira, and increasing electricity tariffs. Despite passionate pleas and cautions from authorities, protests turned violent, with attacks on persons and infrastructure.

To prevent a repeat of the August violence, the presidency is engaging with protest organizers to reach an understanding before October 1. Special Adviser Bayo Onanuga said that the government supports peaceful protests but is apprehensive about potential riots.

“Government is not against any peaceful protest by Nigerians. After all, it is their fundamental right to stage any protest.

“But government is always apprehensive about such protests degenerating into a riot as we experienced in August or the 2020 EndSARS protest in many parts of the country.

“Security agencies have been discussing with some of the organisers and they are being monitored so that they do not plunge the country into chaos or allow themselves to be used by internal and external forces which want to subvert the country and the 16-month-old administration”, he said.

He highlighted that economic reforms have started yielding dividends, citing indicators from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics (NBS).

Since the August protests, the economic situation has worsened. Petrol prices have risen to over N1,000, and the exchange rate exceeds N1,600

Makes U-Turn from supporting Tinubu

Joe Igbokwe, a staunch supporter of President Bola Tinubu and the All Progressives Congress (APC), has alleged that those who will rescue Nigeria have not been born.

Igbokwe, one of those who campaigned actively for Tinubu in the buildup to the election, said this while commenting on the cost of living crisis.

In a Facebook post on Friday, Igbokwe lamented that a bag of rice now costs N100,000

“With all the rice mills we have in Nigeria, my wife just told me that a bag of rice is now ₦100k plus. Without sounding immodest, I am constrained to say that the men and women that will rescue this country from self-inflicted pains and tears are not born yet,” he wrote.

Recently, Igbokwe, who served under virtually every Lagos governor since 1999, has been critical of some policies of the Tinubu administration, marking a departure of what he stood for.

Two weeks ago, he lamented over the hike in electricity tarrif, asking Tinubu to look into it.

In a post on his Facebook page three weeks ago, Igbokwe lamented that N20,000 worth of units only lasted him for just a day.

He said: “PBAT, please look into the new electricity tariff in Nigeria. It will kill businesses if the government does not act as quickly as possible. I have a small office in Surulere with about 7 units of AC.

“We used to buy 300 plus units for N20,0000. Yesterday we bought N20,000 worth of units and it lasted for just one day. They call it band A group. I pray that we review this.”

David Umahi, minister of works, says the first phase of the Lagos-Calabar coastal highway project will be completed on May 29, 2025.

Speaking on Thursday in Abuja during an inter-ministerial press briefing as part of activities to mark Nigeria’s 64th independence anniversary, the minister said after the project is completed, it will be tolled for five to 10 years to recover construction costs.

The construction of the highway began in March. The first phase of the project, made up of 47.47 kilometres of dual carriageway, was awarded to Hitech Construction Company Ltd.

“We started the coastal highway, 700 kilometers that is traversing Lagos, Ogun, Ondo, Edo, Bayelsa, Rivers, Akwa Ibom and Cross River states, ” Umahi said.

“People did not understand the merits of this project. People did not see this project as an investment. And so today, the first section is going to be completed by May 29 and we’re going to toll it, and we’re going to get back our money within five to 10 years.”

According to the minister, the federal government is planning to implement additional initiatives, including developing land along the corridor for tourism, factories, and housing, as part of efforts to further enhance returns on the project.

“We also acquired a number of land within the corridor, because we’ve seen that tolling of roads alone is not just going to give you return on investment immediately,” Umahi said.

“So, along these corridors, we are acquiring land where we use for tourism, where we use for factories, where we use for housing and so on and so forth.”

Umahi also said the Lagos-Calabar coastal highway is designed to relieve the strain on Apapa Wharf.

“This has long faced challenges due to its shallow berths that limit cargo handling capacity. These constraints have necessitated the costly process of transloading, where goods are shifted between vessels, resulting in significant daily financial losses for Nigeria,” he said.

The minister further said the importance of the seven axle road under construction is to facilitate the seamless transportation of goods from the Dangote refinery, fertilizer plant, and other major industries within the Lekki free trade zone.

“This critical infrastructure will connect to the Sagamu-Benin Expressway, ensuring smoother logistics and supply chains across key regions, including the North, south-west, south-south, and south-east,” the minister said.

Umahi added that the project is set to tap into the renewable energy potential along the coastal corridor, with plans to harness wind energy for future development.

Buba Galadima, a chieftain of the New Nigeria Peoples Party (NNPP), says President Bola Tinubu‘s planned cabinet reshuffle would not make any difference.

On September 25, Bayo Onanuga, special adviser to the president on information and strategy, said Tinubu “has expressed his desire to reshuffle his cabinet and he will do it”.

Speaking on Politics Today, a programme on Channels TV on Friday, Galadima said reshuffling the cabinet would not curb food inflation.

Galadima claimed that the president intends to reward his cronies with the reshuffle.

“That (planned cabinet reshuffle) has nothing to do with me or any Nigerian. What is of importance to all of us is bringing down the harsh conditions of living and the buck stops only on the table of one man. That is President Bola Ahmed Tinubu,” Galadima said.

“No amount of reshuffling can make a difference. As far as that team is only ‘job for the boys,’ nothing will come out of it.

“Anybody that calls himself president or governor is responsible for their cabinet’s performance. He should be told that some of his appointees are more interested in their pockets than service delivery.

“I expected him to do better than this; and to hit the ground running.”

The NNPP chieftain asked Tinubu to find a solution to the country’s foreign exchange crisis “which has seen the naira performing abysmally”.

There have been growing calls from Nigerians and members of the All Progressives Congress (APC) for Tinubu to reshuffle his cabinet and remove underperforming ministers.

Tinubu’s policies have driven petrol prices to record highs and depreciated the naira to record lows since he assumed the reins on May 29, 2023

Former Speaker of the House of Representatives, Yakubu Dogara has said that President Bola Tinubu is not responsible for the fuel subsidy removal.

According to him, Tinubu simply made the announcement.

Dogara said there was no provision for fuel subsidy in the budget before Tinubu made the announcement.

He stated this on Friday during an appearance on Channels TV.

The former speaker opined that fuel subsidy removal was a good move for Nigeria despite the effect.

He said, “In this case, there was no provision for it, and anybody who told you Tinubu suspended it was just joking because how did he suspend payment that was not budgeted for in the first instance?

“There was no provision for subsidy in that budget and I am not aware of any amendment that took place to accommodate the payment of subsidy.

“The truth is that he (Tinubu) was not the one who removed the subsidy. But he did make that pronouncement.

“There was no provision for it in the budget and you know the budget is backed by the Constitution. If there’s no provision for it in the budget, then how do you pay for it?”

The Economic and Financial Crimes Commission (EFCC) has outlined at least fifteen charges against the former Governor of Taraba State, Darius Ishaku.

Naija News reports that the anti-graft agency whisked away the former state leader from his residence in Abuja during the early hours of Friday, September 27.

Ishaku was apprehended for involvement in an ₦27 billion fraud.

The former governor is set to stand trial on 15 charges, ranging from criminal breach of trust to misappropriation and embezzlement of public money.

These alleged crimes took place from 2015 to 2021 while Ishaku was in office, involving the state’s and local government’s funds.

In particular, Ishaku is accused of siphoning off ₦1.01 billion from the 2.5% reserve fund of the Bureau of Local Government and Chieftaincy Affairs, Taraba State, between August 2015 and March 2016.

He is also said to have misused ₦3.348 billion from the funds of local government councils for his own benefit and took ₦639 million for personal use.

More accusations point to the theft of ₦1.138 billion from the same reserve fund between July 2015 and May 2019, as well as the theft of ₦193 million from the Donga Local Government Council’s funds.

Other charges include the theft of ₦650 million from the Gassol Local Government Council, ₦170 million from the Gashaka Local Government Council, and ₦201 million from the Ardo Kola Local Government Council.

The ex-governor is also being accused of purchasing a duplex in Abuja with funds from the Taraba State Government and using ₦761 million to settle a loan for his company, Worthy Construction Limited.

The spokesperson for the Commission, Dele Oyewale, has confirmed these allegations.

The charge sheet reads in part: “That you, DARIUS DICKSON ISHAKU, while being the Governor of Taraba State and BELLO YERO, while being the Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs, Taraba State, between 25th August 2015 and 21st March 2016 in Abuja, within the jurisdiction of this Honourable Court, and in such capacity entrusted with dominion over certain property, to wit: an aggregate sum of N1,010,000,000 (One Billion and Ten Million Naira), which sum formed part of the 2.5% contingency funds belonging to the Bureau of Local Government and Chieftaincy Affairs, Taraba State, committed criminal breach of trust in respect of the said property, when you dishonestly diverted the said sum to your own use and you thereby committed an offence contrary to Section 315 of the Penal Code Act, Cap 532, Laws of the Federal Capital Territory of Nigeria 2007 and punishable under the same Section.

“That you, DARIUS DICKSON ISHAKU, while being the Governor of Taraba State between 3rd September 2015 and 29th January 2018 in Abuja, within the jurisdiction of this Honourable Court, and in such capacity entrusted with dominion over certain property, to wit: an aggregate sum of N761,301,000 (Seven Hundred and Sixty-One Million, Three Hundred and One Thousand Naira), which sum formed part of the funds belonging to Taraba State Government and Local Government Councils in Taraba State, and you hereby committed criminal breach of trust in respect of the said property, when you dishonestly diverted the said sum to defray the loan of One Billion Naira granted by Zenith Bank Plc. to your company, Worthy Construction Limited, and you thereby committed an offence contrary to Section 315 of the Penal Code Act, Cap 532, Laws of the Federal Capital Territory of Nigeria 2007 and punishable under the same section.”