News
FG increases number of oil blocks for 2024 bid round
The federal government has increased the number of oil blocks on offer in the 2024 marginal bid round.
Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), spoke on Tuesday at the pre-bid conference for the 2024 licencing round in Lagos.
On May 8, NUPRC invited investors to bid for 12 oil blocks and seven deep offshore assets in the 2024 marginal bid round.
In addition to the previously disclosed 12 oil blocks available in the bid round, Komolafe said the nation has placed more oil blocks for sale.
He said this follows the acquisition of more geological data, which resulted in the discovery of more prospective blocks — a feat achieved in partnership with multi-client partners.
Komolafe said details of the newly identified oil blocks “would be made available on the portal”.
“The newly identified blocks will be added to the pool of blocks originally scheduled for the bid exercise and their details will be made available on the bid round portal,” he said.
“In addition to these blocks, the seven deep offshore blocks from the 2022 mini-bid round exercise which cover an area of approximately 6,700 km2 in water depths of 1,150m to 3,100m shall also be concluded along with this licensing round.”
Komolafe expressed the commission’s determination to carry out the bid round in a transparent manner in line with section 76 (1) of the Petroleum Industry Act (PIA).
He said each bloc was picked for its potential to strengthen the nation’s reserve and economic posterity, adding that as of April, Nigeria’s oil reserve stood at 37.5 billion barrels of oil, while gas reserve was 209 trillion cubic feet (tcf).
“We are not just a regulator, but a business enabler. This bid round will enable us an unprecedented opportunity to unlock Nigeria’s vast hydrocarbon potential, attract investment and propel our nation towards greater economic prosperity and shared prosperity,” Komolafe said.
The CEO called on investors to trust their investments in the Nigerian oil sector because it is cheaper for them to conduct exploration and production of oil in the country due to the depth of the oil wells.
“In the past the award of oil blocks culminated to the non-development of over 90 per cent of marginal fields, thus denying the federal government of reaping the intended benefits because such awards were not based on technical and financial considerations,” he said.
Going forward into the 2024 oil bid round, Komolafe said only investors with sufficient financial and technical capacity would be given consideration.
News
Bandit linked to kidnap of 121 Kaduna Baptist pupils, killed
Notorious bandit commander, Kachalla Tukur Sharme, linked to kidnap of 121 Bethel Baptist High School pupils in Kaduna State and two members of a rival gang have been killed in a violent clash between their groups in the forests around Rijana and Kaso, Kaduna State.
In a statement, the Overseeing Commissioner, Ministry of Internal Security and Home Affairs of the state, Samuel Aruwan, said the clash, which occurred over the weekend, left several bandits critically injured, while some kidnapped victims managed to escape during the chaos.
As a result of the incident, the overseeing commissioner urged residents to contact the state Security Operations Room with any information in case they notice any suspicious activity or movement.
Aruwan said Sharme, known for his brutal reign of terror across Kaduna and neighbouring states, met his end in a fierce gunfight with an opposing gang at a location identified as ‘Hambakko’, spanning Kachia, Chikun, and Kajuru local government areas of Kaduna.
According to Aruwan, “Intelligence sources revealed that five other bandits were wounded in the fratricidal clash and are now hiding in the area, seeking medical assistance. Residents in Rijana, Kaso, Kasarami, Jaka da-Rabi, and surrounding communities have been advised not to offer help to anyone with gunshot wounds but to report suspicious individuals to security forces immediately.
“Sharme had been responsible for numerous attacks, kidnappings, and cattle rustling incidents, including the infamous abduction of 121 students from Bethel Baptist High School, Kujama, on July 5, 2021.”
The commissioner said while Sharme had evaded security forces on several occasions, his death comes as a relief to many communities affected by his criminal activities. “His gang was notorious for attacks in areas such as Millenium City, Maraban Rido, Kujama, Kajuru, and the Kateri general area, as well as parts of Birnin Gwari, Kagarko, Kachia, and neighboring states of Katsina and Niger,” Aruwan added.
He, however, stated that in the course of repelling Sharme and his group, two security personnel lost their lives.
News
Amotekun arrests 27 suspects over alleged kidnapping, stealing, others
Western Nigeria Security Network in Ondo State, code named Amotekun Corps, has arrested 27 suspects over alleged kidnapping, stealing and other crimes.
The state Commander of the Amotekun Corps, Mr Adetunji Adeleye, broke the news while parading the suspects before reporters yesterday in Akure, the Ondo State capital.
Adeleye said the suspects, including four alleged kidnappers, were arrested in various parts of the state.
He said the suspected kidnappers and other gang members still on the run had for long been terrorising villagers in Ikakumo-Akoko.
“We also arrested a major member of a syndicate that specialises in killing commercial motorcycle riders, after robbing them.
“We went as far as Kogi and Edo, before we were able to track and arrest the suspect, who is here on parade.”
“He has confessed to stealing so many motorcycles in the last five years in Akure, Ogbese and Uso .
“He said he has lost count of the number of motorcycles stolen, and after dispossessing their owners of them, dismantled them, and took the parts out of the state in pieces,” the commander said.
Adeleye said the command’s personnel also arrested five suspects who specialise in stealing household equipment and foodstuffs.
Equally arrested were suspects, who allegedly broke into a shop and stole mattresses, which were sold between N5,000 and N10,000.
The commander further said that the recent establishment of the Amotekun Rangers had yielded positive results as some suspected criminals have been arrested in border forests in Edo and Kogi.
News
LG Election: PDP Clears All Chairmanship Seats In Enugu State
The Enugu State Independent Electoral Commission (ENSIEC) has declared the candidates of the Peoples Democratic Party (PDP) as winners of the chairmanship elections held on Saturday across the 17 local government areas of the state.
ENSIEC Chairman, Prof. Christian Ngwu, who declared the results on Sunday said the Commission conducted free and fair elections in the local government areas.
Declaring the elections as the fairest, Ngwu said the commission carefully collated and analysed the results to ensure that there were no mistakes.
“We carefully collated and analysed the results to ensure that there were no mistakes,” he said.
However, none of the opposition candidates that contested the chairmanship positions was at the ENSIEC Collation Centre where the election results were declared.
Expressing joy at their victory, chairman-elect for Oji River local government, Greg Amyaegbudike said he would make youth empowerment his watchword.
Anyaegbudike pledged to provide gainful jobs for employable youths and organise skills acquisition programme that would benefit all.
“I’ll make sure that the youth of Oji River are gainfully employed. Those who are employable, will definitely get employed,” he pledged.
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