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Angola overtakes Nigeria as continent’s leading oil production

For the month of April 2023, Angola has surpassed Nigeria to become the leading producer of crude oil in Africa. According on information obtained directly and included in the Organization of Petroleum Exporting Countries’ April 2023 monthly oil market report.

According to the research, Angola produced 1.06 million barrels of petroleum per day in April 2023.

 

Algeria and Nigeria both recorded the same number of barrels per day during the highlighted timeframe, at 999,000 for the month of April 2023 and 999,000 for the whole month. Nigeria has not experienced a lower output rate than this since the year 2023.

According to Nairametrics, data from the Nigerian Upstream Petroleum Regulatory Commission showed that in April 2023, Nigeria produced 998,602 barrels per day of crude oil.

According to the OPEC report, total OPEC-13 crude oil production in April 2023 averaged 28.60 million barrels per day, a 191 thousand barrels per day decrease month over month. Saudi Arabia, Angola, and Iran saw the largest increases in crude oil production, while Nigeria and Iraq saw decreases.

Global tensions are still expected to increase in 2023, according to the Organization of Petroleum Exporting Countries. The organization made this claim in its monthly oil market report, which was made public on May 11. According to the research, OPEC expects the global oil demand to reach 101.9 million barrels per day in 2023. This estimate, however, is subject to several risks, including persistent geopolitical tensions and developments in the global economy, the research notes in one section.

The Nigerian government was recently given tax advice from KPMG Nigeria to explore for ways to improve its oil income. However, the fact that the nation would lose its position as the top African oil producer to Angola in April 2023 does not instill new hope in the oil sector’s ability to perform well in the first half of 2023, at the very least.

The Russia-Ukraine war resulted in increased oil prices in 2022, which benefited various oil and gas businesses as well as nations that produce petroleum. Nigeria, however, was unable to benefit from the price increase because of unacceptably high levels of crude oil theft in 2022, which caused the nation to lose up to 700,000 barrels per day, according to the Nigerian National Petroleum Company Limited.

Nigeria’s economy encountered difficulties gaining momentum in the first quarter of 2023, according to the OPEC MOMR, with company activity and consumer spending continuing modest, as well as significant input-cost inflation and lower employment levels compared to 2022.

 

 

Ex-lawmaker: Tinubu will treat everyone fairly

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The President-elect, Asiwaju Bola Tinubu, would not marginalize any segment of the country, whether they voted for him or not, according to Dayo Adeyeye, the national coordinator of the South-West Agenda for Asiwaju.

In an interview with journalists on Thursday in Abuja, Adeyeye—a former spokesperson for the 9th Senate—gave the guarantee.

 

The Afenifere chieftain claimed that because Tinubu won his election with overwhelming support nationwide, he had no justification for marginalizing any region of the nation.

In five of the six geographical zones that include 31 of the 36 states of the Federation, he pointed out, the President-elect met the conditions set forth by the Constitution.

This indicates a significant spread across the nation, he said. Whoever becomes president of Nigeria must enjoy widespread support across the entire nation, according to the constitution’s framers. These criteria have been met by Tinubu.

Nevertheless, Asiwaju Bola Tinubu’s administration poses no threat to the populace in the few regions of the nation where it was clear he did not adhere to the constitution’s provisions.

“He is a man with a big heart, and he’s already said he’ll be fair to everyone of Nigeria. Therefore, the simple fact that some individuals didn’t vote for him wouldn’t stop him from implementing development projects in their communities in any way.

“Everyone should have peace of mind knowing that Tinubu’s government will treat all the geopolitical zones of Nigeria fairly.

“His government will provide for the needs of the residents of every region of the nation. Therefore, it is essential for all Nigerians to have faith that better times are coming for everyone. Tinubu will always be pro-Nigerians and will never have any animosity toward any Nigerian.

“He was elected president of Nigeria, and as such, he would work for all Nigerians, regardless of their age, gender, nationality, or religion.

“He will guarantee the uniform development of the entire nation. Neglecting one region of the nation will set other regions back. In terms of social and economic progress, we must continue.

Tinubu’s first priority, according to Adeyeye, would be to deal with the problem of insecurity.

He stated, “Although present throughout the entire nation, insecurity is more chronic in some areas.

“As a result, locations where the issue has virtually reached intractable status would receive substantial attention.

“Once the issue of insecurity is resolved, it will spark tremendous social and economic activity that will have an impact on all economic sectors, simultaneously. Tinubu will use all available tools, including technology, to find a solution. The nation’s security architecture could also need to be decentralized.

When he served as governor of Lagos State, “I know that he has done well in terms of the security in Lagos State,” Adeyeye continued.

 

Ooni, ex-INEC commissioner congratulate Adeleke

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The Ooni of Ife, Oba Adeyeye Ogunwusi, and ex-National Commissioner of the Independent National Electoral Commission, Prof. Lai Olurode, on Wednesday, congratulated Osun State Governor, Ademola Adeleke, on his victory at the Supreme Court which affirmed his election.

A congratulatory statement signed by Ooni’s spokesperson, Moses Olafare, then urged Adeleke to develop a robust partnership with the Federal government in the interest of the Osun people.

The royal father also advised Adeleke to be magnanimous in victory and lead with integrity, wisdom, and compassion.

The statement read in parts, “The House of Oduduwa is thrilled to extend her heartfelt congratulations to you on your remarkable and well-deserved victory as declared by the esteemed Supreme Court of Nigeria. This momentous ruling is a triumph for democracy and the will of the Good People Of The State Of Osun.

“The people of the state have placed their trust in you, and we have no doubt that you will work tirelessly to fulfil the aspirations and dreams of citizenry. Your passion for public service, your vision for progress, and your unwavering dedication to the welfare of the people will undoubtedly guide you in the path ahead.

“Now that you have been finally affirmed as our Governor, you are urged to develop a robust partnership with the Federal government in the interest of our people. We have full confidence that you will be magnanimous in victory and also, lead with integrity, wisdom, and compassion. Your tenure is an opportunity to bring about positive change, uplift communities, and foster an environment of inclusivity, progress, and development.”

Similarly, ex-INEC national commissioner, Olurode, in his congratulatory message to Adeleke, noted that the governor had passed through difficult electoral and legal hurdles and advised him to quickly settle down to commence serious work of responding to the cries of the people in terms of infrastructural deficit.

In considering people for appointments, he also advised Adeleke to be all-inclusive and avoid winner takes all approach that may create instability.

Olurode equally commended the former governor, Mr. Adegboyega Oyetola, for being a gentleman who never sought violence in his pursuit of electoral justice.

 

Senate Presidency: Allow incoming senators to exercise their constitutional rights – Group

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According to the Amalgamated All Progressives Congress (APC) Support Groups, the race for President of the Tenth Senate is a constitutional matter, and senators-elect must be allowed to exercise their constitutional rights to vote for leaders of their choice.

Dr Kailani Muhammad, the group’s Director-General, stated this on Wednesday at a news conference in Abuja on the issues surrounding the election of the 10th Senate President.

Muhammad, who is also the National Chairman of the Tinubu/Shettima Network (TSN), described the endorsement of Sen. Godswill Akpabio as the APC’s preferred candidate for the Senate presidency as rumours.

Read Also: Bola Tinubu meets APC’s consensus candidates for Reps leadership

“The rumors of endorsement are a total distraction from the tenets of democracy and must be rejected by all and sundry.” We must allow the senators-elect to exercise their free will.

“Senators-elect must be allowed to exercise their constitutional rights to vote for aspirants of their choice in the Senate Chambers,” he said.

Following a meeting of the NWC on Monday at the party’s national secretariat in Abuja, the APC leadership reached a decision on the two key positions in the National Assembly.

Following the meeting, the party’s National Publicity Secretary, Felix Morka, stated that the NWC reached a compromise on the zoning arrangement for the 10th National Assembly.

“The All Progressives Congress (APC) National Working Committee met today, Monday, May 8, 2023, to consider reports of consultations and meetings held with the president-elect, His Excellency, Asiwaju Bola Ahmed Tinubu, other party leaders, and stakeholders on zoning arrangements for 10th National Assembly leadership positions,” Morka said.

“The NWC took note with respect of the outcome of the meetings held between the president-elect and the NWC leadership.” The NWC called for more and better consultation with relevant stakeholders in order to ensure the support of National Assembly leadership aspirants and party members across the country.

“The NWC was informed of the following zoning arrangement: Senator Godswill Akpabio (Akwa Ibom) is the Senate President for the South-South; Senator Barau Jubrin (Kano) is the Deputy Senate President for the North-West; Hon. Abass Tajudeen (Kaduna) is the Speaker of the House of Representatives for the North-West; and Hon. Ben Kalu (Abia) is the Deputy Speaker for the South-East.

“We urge our party leaders, members, and all Nigerians to continue to work for our country’s peace and progress during and beyond the current period of leadership transition.”

Muhammad recalled that the APC leadership took a stand on the issue of zoning the 10th Senate presidency to the South-South about two days ago.

“Sen. Godswill Akpabio used this to claim that the party has chosen him as its preferred candidate for the prestigious position.” To set the record straight, there is currently no such thing as zoning in the APC.

“To allay Nigerians’ and indeed aspirants’ fears, our great party’s Publicity Secretary, Mr Felix Snooker, came out on Channels Television to debunk the statement, likening it to a damaging rumour.”

“Felix categorically stated that the party and aspirants are still talking with other stakeholders and negotiating to see how the issue can be resolved amicably so that the country can move forward.”

“Felix categorically stated that the party is working toward a peaceful resolution of the issue, in order to ensure a developed Nigeria free of rancor.”

Read Also: Randy’s father detained for allegedly impregnating, raping daughter for 3 yrs

“We recall the recent scenario during the APC primaries where President Muhammadu Buhari and the National Chairman of the APC, Sen. Abdullahi Adamu, endorsed Senate President, Ahmed Lawan, as Presidential Candidate, but President-elect, Bola Ahmed Tinubu, eventually emerged as the winner,” he said.

A cross-section of senators-elect from various political parties have also rejected outside influence in their presiding officers’ election.

The senators-elect insisted on following the constitutional provisions on the emergence of presiding officers during the induction program organized for them by the National Assembly management in collaboration with the National Institute for Legislative and Democratic Studies.

Senator-elect Ned Nwoko, who was elected on the Peoples Democratic Party (PDP) platform to represent Delta North Senatorial District, said members of the 10th Senate would reject any attempt by the executive to pocket the legislature.

“The overwhelming majority of the senators-elect believe that we must be independent,” Nwoko said. That is the only way to hold the executive accountable.

“The legislature is not meant to be a tool for the executive. Some of us were already well-established before we came here. As a result, we are not cowards. We are very self-sufficient.”

Senator-elect AbdulRaham Kawu-Sumaila, a former minority leader in the House of Representatives who now represents Kano South on the platform of the New Nigeria Peoples Party (NNPP), has stated that any attempt to impose presiding officers on the 10th National Assembly will fail.

“When it comes to the Senate presidency, we should stick to the constitution.”

“The constitution contains a clear and express provision that allows members of the National Assembly to choose their presiding officers among themselves, regardless of party affiliation, religious or ethnic considerations.”

EFCC arrests former Minister of Power, Sale Mamman

The Economic and Financial Crimes Commission has detained and arrested Sale Mamman, a former minister of power, in connection with an alleged N22 billion fraud.

Mamman, who served as a minister for President Major General Muhammadu Buhari (retd.) from 2019 to 2021, was reportedly detained on Wednesday at the EFCC headquarters in Abuja after showing up for questioning.

 

Mamman had been fired by Buhari in 2021 after a minor cabinet shuffle.

According to EFCC sources, the former minister is being questioned in relation to an investigation into alleged corruption totaling N22 billion during the execution of some power projects.

“The former minister is being held on suspicion of embezzling and diverting about N22 billion.

According to a source, “He is under investigation for allegedly conspiring to divert N22 billion and share among themselves with some ministry employees in charge of the accounts of the Zungeru and Mambilla Hydro Electric Power projects.”

The source claims that properties in Nigeria and abroad that were allegedly connected to the suspects were found during the investigations, and that millions of naira and dollars were also reportedly recovered.

Wilson Uwujaren, the EFCC spokesperson, did not return phone calls or a text message when our correspondent tried to get in touch with him for comment.

According to reports, the EFCC had opened an inquiry into the contentious $5.8 billion Mambilla Hydro Electric Power project contract with Sunrise Power in November 2022.

The Sunrise litigation on the project is the only issue delaying its start, according to the current Minister of Power, Abubakar Aliyu.

“The EFCC has taken an interest in the situation, and we have provided them with information on it. The power project’s history has been provided to them. Our attorneys have communicated with the anti-graft organization. We are powerless to take any action unless we can end the legal battle.

In a 2022 report, Aliyu stated, “I don’t think the investor will bring his money where there is an encumbrance.”

 

The Economic and Financial Crimes Commission has detained and arrested Sale Mamman, a former minister of power, in connection with an alleged N22 billion fraud.

Mamman, who served as a minister for President Major General Muhammadu Buhari (retd.) from 2019 to 2021, was reportedly detained on Wednesday at the EFCC headquarters in Abuja after showing up for questioning.

 

Mamman had been fired by Buhari in 2021 after a minor cabinet shuffle.

According to EFCC sources, the former minister is being questioned in relation to an investigation into alleged corruption totaling N22 billion during the execution of some power projects.

“The former minister is being held on suspicion of embezzling and diverting about N22 billion.

According to a source, “He is under investigation for allegedly conspiring to divert N22 billion and share among themselves with some ministry employees in charge of the accounts of the Zungeru and Mambilla Hydro Electric Power projects.”

The source claims that properties in Nigeria and abroad that were allegedly connected to the suspects were found during the investigations, and that millions of naira and dollars were also reportedly recovered.

Wilson Uwujaren, the EFCC spokesperson, did not return phone calls or a text message when our correspondent tried to get in touch with him for comment.

According to reports, the EFCC had opened an inquiry into the contentious $5.8 billion Mambilla Hydro Electric Power project contract with Sunrise Power in November 2022.

The Sunrise litigation on the project is the only issue delaying its start, according to the current Minister of Power, Abubakar Aliyu.

“The EFCC has taken an interest in the situation, and we have provided them with information on it. The power project’s history has been provided to them. Our attorneys have communicated with the anti-graft organization. We are powerless to take any action unless we can end the legal battle.

In a 2022 report, Aliyu stated, “I don’t think the investor will bring his money where there is an encumbrance.”

Randy’s father detained for allegedly impregnating, raping daughter for 3 yrs

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The Nigerian Security and Civil Defence Corps (NSCDC), Kogi Command, has arrested a 41-year-old father for allegedly defiling and raping his 16-year-old daughter.

After arraigning the suspect on Wednesday at the NSCDC Command Headquarters in Lokoja, the state’s Commandant, Ahmad Gandi, stated that the command received a complaint from an NGO on May 5.

According to him, the complaint was filed in relation to a case of defilement, rape, and incest in which the suspect is the victim’s biological father.

The commandant stated that the abusive act had been ongoing for three years, from 2020 to 2023, since the victim was 16 years old.

Gandi stated that the victim’s younger sister advised her to commit suicide or kill their father in order to escape the abusive act.

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The commandant stated that the father admitted to committing the act and that he would be charged in court after the investigation was completed.

Gandi praised the NGO for reporting the case to the command, while urging other victims in society who were dying in silence to come forward and report similar cases.

According to the News Agency of Nigeria, the NSCDC did not allow journalists to reveal the identity and names of both the victim and the suspect due to the sensitivity of the case in order to avoid stigmatizing the victim.

The victim told reporters that she had been sexually abused by her father since 2020 when her mother left the house.

“It happened in 2020 when my mother left home, and my father has been sexually abusing me since then.”

My father impregnated me in 2021 and took me to a clinic where they aborted the pregnancy I had for him.

“I couldn’t leave the house because of my younger sister because I was afraid my father would do the same thing to my sister,” the victim explained.

“After aborting the pregnancy, he continued the sexual abuse until I couldn’t take it anymore, which I had to report to an NGO, who reported the case to NSCDC,” the victim explained.

The suspect, for his part, admitted to the act, saying he was hypnotized after his wife left him in 2020.

“I did commit the act, but I have no idea how I did it.” I adore my wife and have begged her to return home for the past three years.

“It’s the same stage I was in when my mother left my father that my wife left my children for me and left.” “I love my wife, but she never returns to me,” the suspect said.

Mr Abdulrasak Ibrahim, Executive Director of the NGO, the Islamic Centre for Communication and Creative Thought (ItrippleCT), praised the NSCDC for doing a fantastic job in arresting the suspect.

Ibrahim stated that after learning about the problem, the victim was immediately relocated to a safe location away from her father’s home to protect her from further abuse.

Speaking on the matter, Barr LilianOkolo, Chairperson, Federation of Women Lawyers (FIDA), Kogi, and Amb. Idris Muraina, Chairman, Kogi Network of NGO (KONGONET), both commended the NSCDC for their proactiveness in handling the case.

Okolo assured that FIDA would ensure that the suspect was brought to justice as a deterrent to other irresponsible fathers out there.

Muraina assured that the NGOs in Kogi would continue to use professionalism in such cases to protect the rights of the girl-child and obtain justice for her.

He urged other victims of such acts who were going through such traumatic experiences in the state to speak up, assuring them that justice would be served.

Read Also: CBN Responds To Scammers’ Behavior, BVN Doesn’t Expire

The KONGONET Chairman also urged the state and federal governments, as well as the international community, to establish a “Safe Keep” facility in the state where victims of such crimes could be accommodated for the duration of the case.

“As of now, we don’t have such “safe-keeping” facilities in Kogi where victims of gender-based violence can be kept during the trying period,” Muraina said.

CBN Responds To Scammers’ Behavior, BVN Doesn’t Expire

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It has been made abundantly clear by the Central Bank of Nigeria (CBN) that the Bank Verification Number (BVN) that was issued by the Bank in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) does not have an expiration date. This is in contrast to the bogus news that has been going around claiming that it would expire after a period of ten years.
“We would like to make it clear that contrary to these claims, the BVN that is issued in Nigeria does not have an expiration date.”
Once a customer’s biometrics have been captured and enrolled in the database of NIBSS, the BVN is maintained for the customer’s entire life, according to a statement released by the Acting Director of the Corporate Communications Department of the apex Bank, Dr. Isa Abdulmumin. “However, the Regulatory Framework for BVN issued by the CBN in 2021 stipulates that customers can only change their records due to certain conditions spelled out in the document and after being cleared by relevant authorities. This means that customers can only change their records if they meet both of these requirements.
“Therefore, we strongly encourage customers of banks throughout the country, particularly those whose biometrics have already been stored in the system, to continue making use of their one-of-a-kind identifiers because these credentials are good for the rest of their lives.Follow the directions given to you.”

 

Traditionalists from Osun pledge their support for Adeleke

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The Osun State Traditional Religious Worshippers Association’s leadership promised the state’s helmsman that they would support him in carrying out the necessary rituals to further make Ademola Adeleke’s administration more peaceful.

This was stated in a message of congratulations from the religious organization to Adeleke on his victory at the Supreme Court, which upheld his election at the governorship election on July 16, 2022. The message was signed by the organization’s president, Oluseyi Atanda, and was obtained in Osogbo on Wednesday.

The traditionalists then urged Adeleke to ensure peace among the state’s residents of different faiths, adding that the governor must also look out for the welfare of the group’s members by supporting their initiatives to keep the state safe through various spiritual interventions.

The group also gave the governor the advice to keep up the good policies of his predecessors and to stop all the bad ones in order for the state to advance in the nation’s league of states.

Osun PDP elects a new executive as Adeleke calls for unity.
We congratulate Senator Ademola Adeleke, our governor, on his victory at the Supreme Court, which upheld his election, the statement said. God appointed him governor, and we will keep working hard to appease our ancestors in order for him to rule the state in peace.

“As a nonpartisan religious organization, we pledge Governor Adeleke our steadfast support. In the interest of the state, he should continue with the successful policies of those who came before him in office rather than changing any that he feels are ineffective.

“All the rituals required to make the land more tranquil will be performed during the term of our amiable governor, and we are confident that he will extend hands of friendship to us and give us a chance to interact with his administration. He has our unwavering support, we promise.

 

Fire Guts Nigerian Air Force Base In Abuja

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On Wednesday morning, a fire completely destroyed several buildings that were located within the Nigerian Air Force Base, which is located along Airport Road in the Federal Capital Territory.

As of the time when this report was filled out, the reason for the fire incident that occurred is unknown.

On the other hand, our correspondent was able to confirm that the timely intervention of the operatives from the Federal Fire Service attempted to put out the fire.

During a telephone interview with our correspondent, the Head of Operations for the FFF FCT, Amiola Adebayo, responded to a question about the incident by stating that firefighters were working diligently to completely put out the fire.

Adebayo stated that “the fire gutted part of the NAF Base, and our men are here putting out the fire, and we’re working hard to completely quench the fire.” Our men are currently working to put out the fire.

However, I am unable to provide a definitive answer as to what caused the fire outbreak at this time; however, we will issue a statement once our investigation is complete.