NNPC Intensifies Efforts to Protect Pipelines

Image

By Dipo Olowookere

Efforts to safeguard pipelines across the country from vandals and fire outbreaks in line with best safety practices have been intensified by the Nigerian National Petroleum Corporation (NNPC).

Group Managing Director of NNPC, Dr Maikanti Baru, disclosed that this was his agency’s determination to ensure that the current steady supply of petroleum products nationwide was sustained.

Speaking while receiving a delegation of the Occupational Safety and Health Association, (OSHA) UK, Nigeria Chapter, at the NNPC Towers, Abuja, Mr Baru said the corporation would continue to monitor its pipelines and collaborate with the law enforcement agencies to safeguard such critical national asset.

He noted that in line with safety standards, NNPC pipelines right-of-way across all locations had been clearly indicated to keep members of the public away from the facilities so as not to come to harm.

“In our various pipelines running across several kilometres and locations, right-of- way is indicated to show that people should not temper with the facility because of the danger that is involved. This is done to ensure that when there is safety breach, we have access to the affected spot and intervene accordingly,” the GMD stated.

He disclosed that an attack on the Port Harcourt – Aba a few days ago resulted in massive products loss and damage to the environment, adding that though there was no loss of lives in the incident, it took much effort and time to bring the huge fire that broke out under control.

“We will use this opportunity to call on pipeline vandals to please keep away from our pipeline because they are not carrying liquid that can easily be handled like water. We are calling on the general public that when they see the sign on the pipeline, they should not temper with in their own interest and that of the nation,” Dr Baru pleaded.

He said the corporation would stop at nothing to ensure that the pipelines were continuously monitored and that anybody caught trying to sabotage oil facilities would be handed over to the law enforcement agency to face appropriate sanctions, adding that in the Port-Harcourt – Aba pipeline incident one suspect was apprehended and handed over to the authorities.

Mr Baru urged members of the public to support NNPC by reporting any suspicious activity around pipelines and other oil and gas facilities, stressing that the Corporation, on its own part, would do everything possible to ensure the safety of lives and property around its facilities.

Shedding light on NNPC’s safety practice, the GMD said that in view of the complex and technical nature of its operations, the Corporation accords safety a special priority.

“We are very much determined to ensure that our processes and procedures meet the highest safety standard. Dealing with inflammable liquids and gasses requires utmost care. Our watchword to ensure that is: Safety to one is safety to all; that defines how we handle safety issues,” the GMD said.

He said NNPC held HSE Week annually across its subsidiaries to sensitise personnel, contractors and visitors on the need to adhere strictly to its safety standards, adding that the Corporation’s safety policies and procedures were reviewed regularly to comply with the highest safety standards.

Speaking at the event, the leader of the delegation and Regional President of OSHA, Nigeria Branch, Dr Dalhatu Mohammed Ahmed, stated that the purpose of their visit was to carry the GMD along in their drive to ensure safety of workers and equipment in view of the position occupied by the NNPC in the Nigerian economy as one of the largest employer of labour in the country and major revenue earner.

Dr Ahmed applauded the GMD for his numerous initiatives to ensure safety of staff and assets across the corporation’s value chain.

“I want to commend the efforts of the GMD as far as safety of lives and property is concerned in the corporation. It is interesting to see that the NNPC has done a lot in terms of safety. Safety is everybody’s business as it is a multi-dimensional issue that requires multi-dimensional approach,” Dr Dalhatu averred.

The GMD and the NNPC General Manager, Health, Safety and Environment, Mr Ahmed Shehu were conferred with a fellowship of the association.

Share
Related Stories
Image
28-November-2023

Unlisted Securities Close 0.84% Higher

By Adedapo Adesanya The duo of Aradel Holdings Plc and 11 Plc landed the NASD Over-the-Counter (OTC) Securities Exchange in the green territory by 0.84 per cent on Monday, November 27. The two energy stocks overpowered losses posted by two other securities admitted to the alternative stock exchange, leaving the NASD Unlisted Security Index (NSI) closing higher by 7.22 points to 864.51 basis points from 857/29 points, as the market capitalisation of the exchange increased by N9.78 billion to N1.171 trillion from N1.162 trillion. Aradel Holdings Plc saw its share price continue to soar as it rose by N28.80 to

Image
27-November-2023

Alternative Bourse Sustains Strength With 1.44% Gain in Week 47

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded yet another positive week-on-week performance after stretching its gains by 1.44 per cent in Week 47. This expanded the portfolios of NASD investors by N17 billion in the week to N1.162 trillion from the N1.145 trillion recorded in Week 46, as the NASD Unlisted Security Index (NSI) increased by 12.16 points to 857.29 points from 845.13 points in the previous week. The trading week was with three price gainers and three losers, with Aradel Holdings Plc on top of the advancers’ chart after it grew by 10 per cent to finish

Image
28-November-2023

Brent Crude Slides Below $80 Per Barrel Ahead OPEC+ Meeting

By Adedapo Adesanya Brent crude benchmark dipped below $80 a barrel on Monday, precisely losing 60 cents of 0.7 per cent to trade at $79.98 a barrel as investors await this week’s meeting of the Organisation of the Petroleum Exporting Countries and their allies (OPEC+). The group is anticipated to maintain its ceiling on crude oil production by member countries into 2024. This affected the oil market, with the West Texas Intermediate (WTI) crude futures declining yesterday by 68 cents or 0.9 per cent to trade at $74.86 per barrel. Last week, the 23-man OPEC+ postponed its Sunday ministerial meeting

Image
28-November-2023

Naira Falls at Across FX Market Segments as CBN Vows to Clear Backlogs

By Adedapo Adesanya The Naira depreciated in the opening session of the week in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Monday, November 27 against the Dollar by N19.71 or 2.5 per cent as the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, said the lender was committed to clearing a backlog of foreign exchange (forex). “We have initiated the payment of unsettled forward foreign exchange obligations, and these payments will continue until all obligations are cleared,” he told bankers last Friday during a dinner speech in Lagos. However, his assurance could not ease the pressure

More Stories
Image
19-December-2018

Optimism About More Dovish Fed May Generate Buying Interest

By Investors Hub The major U.S. index futures are pointing to a higher opening on Wednesday, with stocks likely to add to the gains posted in yesterday?s volatile session. Traders may once again look to pick up stocks at reduced levels after the markets were unable to sustain the initial upward move in the previous session. The major averages managed to end Tuesday?s trading in positive territory, although many sectors extended recent sell-offs. The markets may also benefit from optimism the Federal Reserve will strike a more dovish tone in its announcement of its latest monetary policy decision this afternoon.

Image
15-April-2022

Gunmen Attack Tonye Princewill’s Residence in Rivers

By Modupe Gbadeyanka The residence of a chieftain of the All Progressives Congress (APC) in Rivers State, Mr Tonye Princewill, was on Friday attacked by some yet-to-be-identified gunmen. A statement issued by the governorship hopeful in the gubernatorial election in 2023 disclosed that the unfortunate incident happened in the early hours of the day. However, he was lucky as he was not at home when the hoodlums invaded his home. Mr Princewill was away with his ally, Mr Rotimi Amaechi, who is the current Minister of Transportation, who is on a consultative tour of most Emirate Councils in Northern Nigeria,

Image
16-September-2016

Navy Nabs Notorious Militant Leader In Calabar

By Ebitonye Akpodigha One Uduak Etim Thompson, leader of a notorious militant group called Bakasi Strike Force in Calabar, Cross River State, has been apprehended by the Nigerian Navy. The Nigerian Navy disclosed in a statement that Mr Thompson was arrested on Wednesday night along with other Niger Delta criminals. Among crimes said to be perpetrated by the militants are attack on market women and other traders, siphoning of crude oil and destruction of pipelines. A statement signed by Commodore Christian Ezekobe, Director of Navy Public Relations said, “As part of efforts to eliminate unwholesome activities perpetuated by criminals in

Image
25-September-2018

NSE: Investors Gain N242b on Renewed Buying Interest

By Dipo Olowookere The local stock market recorded a gain on Tuesday after opening bearish on the first trading day of this week on Monday. This was mainly due to activities of bargain hunters on the floor of the Nigerian Stock Exchange (NSE) as they take advantage of the low prices of equities to shore up their portfolios. The All-Share Index (ASI) appreciated today by 674.27 points to close at 33,114.44 points, while the market capitalisation increased by N242 billion to settle at N12.089 trillion. Business Post reports that at the close of business on Tuesday, there were 26 price

Image
14-March-2022

NASD Investors Pocket N5.31bn in Week 10

By Adedapo Adesanya Investors gained N5.31 billion at the NASD Over-the-Counter (OTC) Securities Exchange in Week 10 on the back of buying pressure, which lifted the unlisted securities market by 0.53 per cent at the close of business. As a result of this, the market capitalisation of the bourse closed at N621.67 billion compared to N618.66 billion of the previous week, while the NASD Securities Index (NSI) increased by 3.55 points to 734.16 points from 730.61 points. Business Post reports that last week’s gains were spurred by two market bellwethers; Friesland Campina Wamco Nigeria Plc and NASD Plc. The milk-producing firm

Image
11-November-2021

Tess Rinearson Leads Twitter’s New Crypto Team

By Ashemiriogwa Emmanuel Microblogging and social networking giant, Twitter, has announced Mrs Tess Rinearson, a seasoned Crypto engineer, to lead its new cryptocurrency team. The company has carved out a dedicated team to specifically look into decentralised applications, cryptocurrencies and blockchain solutions. Mrs Rinearson, before joining Twitter, was a full-stack engineer at Medium, where she worked on the company’s first service written in Go called the social graph service. She has built blockchain software and worked on storage and protocol problems. Announcing the new role in her tweet on Wednesday, November 10, she wrote, “I’m thrilled to share that I’ve

Image
28-December-2021

Publiseer Expands Distribution Channel to Poland

By Dipo Olowookere African authors are now sure of reaching a wider audience with the recent collaboration between Nigeria’s digital content distribution company, Publiseer, and the leading digital retailer of ebooks and audiobooks in Poland, Empik. The deal between the two parties is part of Publiseer’s determination to expand its reach for the benefit of its clients. With this development, Publiseer will be sending every ebook and audiobook on its catalogue to Empik, giving authors an avenue to reach book-lovers in the country and Europe. Empik owns over 61 per cent of the digital-book market in Poland and this gives

Image
11-June-2017

MainOne Maintains Stand on West Africa’s Data Centre Capacity

**As DataCloud Europe Summit Honours Opeke By Dipo Olowookere Chief Executive Officer of MainOne, Ms Funke Opeke, has been recognised for her role in transforming the data centre and cloud landscape in Europe, the Middle East and Africa (EMEA). At the Data Center Africa Summit, which took place at the DataCloud Europe 2017 conference in Monaco, Ms Opeke was nominated as one of 50 top influencers transforming the sector. The DataCloud Europe conference, which has attracted over 1800 Data Center and Cloud executives from more than 60 countries as well as over 90 exhibiting companies, is the foremost networking event

Ad
Ad
Recent Stories
Image
28-November-2023

Cytek Advocates Cybersecurity Resilience in Nigeria’s Financial Services Sector

By Adedapo Adesanya Leading global provider of technological solutions YNV Group, through its cybersecurity brand, Cytek, has advocated that stakeholders in the financial services sector prioritise cybersecurity and highlighted key strategies for resilience at a recently hosted webinar for the industry. The session which was held on November 22, was themed Ensuring Cybersecurity Resilience in Financial Services Companies in Nigeria, and served as a pivotal platform for fostering collaboration and knowledge exchange in the sector. Led by cybersecurity experts in the industry, the webinar analysed some of the pressing challenges and emerging threats faced by financial services companies in Nigeria while

Image
28-November-2023

BetWGB Empowers Youths With Omo Adugbo Initiative

By Aduragbemi Omiyale An innovative initiative called Omo Adugbo, designed to tackle the high rate of unemployment among youths across Nigeria, has been introduced by a foremost bookmaker, BetWGB. This schemed, which is part of the company to bridge the youth unemployment gap in the country, involves the provision of an outlet in each local government across the country to serve as the organisation’s contact office within the local area. By establishing these outlets across the country, BetWGB Nigeria aims to impact positively on the local economy and bridge the unemployment gap that has affected many young Nigerians. With a

Image
28-November-2023

Zenith Bank Seeks Operating Licence for Subsidiary in France

By Aduragbemi Omiyale Zenith Bank Plc has taken a huge step to establish a subsidiary in France, and to make this a reality, it has sealed a Memorandum of Understanding (MoU) with the French government. The Chairman of the company, Mr Jim Ovia, confirmed that the lender may commence operations in the European nation next year, though it is working hard to secure a banking licence. This will add to other countries Zenith Bank has presence in, including Ghana, Sierra Leone, The Gambia, and a Representative Office in China. Speaking at a signing ceremony on Friday, November 24, 2023, Mr

Image
28-November-2023

Stanbic IBTC Capital Shines at AIHN Awards

By Modupe Gbadeyanka Like a golden fish, which has no hiding place, Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, was the cynosure of all eyes at the recently concluded Association of Issuing Houses of Nigeria (AIHN) Investment Banking Dinner and Awards ceremony. At the event held in Lagos, the company went home with five awards, named as the Best Investment Bank in Nigeria, the Equity Deal of 2022, the Best Equity House of 2022, the Best Corporate Bond House 2022 and the M&A Deal of the Year 2022. The recognitions spread across Stanbic IBTC Capital’s Advisory,

Image
28-November-2023

Slave Wages for Contract Private Security Guards in Nigeria

By Emmanuel Udom Today, most contract security guards are earning slave wages, putting their lives in danger while ensuring the safety of other people, corporate bodies, government agencies, etc, 24/7. It is noted that all over the world, security business is deadly, risky, slippery, dangerous and sophisticated. Like in other business concerns, owners of registered and yet-to-be-registered private security companies are in for raw deals. They are driven by profits, the laws of supply and demand and the desperate hustle for big, juicy contracts, our investigations have shown. Private contract security companies hire all sorts of people, give them one

Image
28-November-2023

Tinubu Writes Reps for $8.6bn, €100m Foreign Loans

By Adedapo Adesanya  President Bola Tinubu has written to the House of Representatives seeking the approval for an $8.6 billion and €100 million external borrowing plan for critical infrastructure in areas such as power, roads, water, railway, and health. The President also forwarded the Federal Capital Territory (FCT) Supplementary Budget to the lower chamber for consideration. Meanwhile, the President will present the 2024 budget to the National Assembly on Wednesday. This was after the Federal Executive Council (FEC) approved a 2024 budget of N27.5 trillion. The approval followed the review of the Medium-Term Expenditure Framework (MTEF) earlier passed by the

Image
28-November-2023

Nigeria to Develop Integrated Electricity Policy, Implementation Plan

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

Image
28-November-2023

Zenith Bank Lights Up Ajose Adeogun Street With Beautiful Decorations

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

Image
28-November-2023

FG Rehabilitate TinCan, Onne Port, Others With $1.1bn

By Adedapo Adesanya  The federal government, through the Nigerian Ports Authority (NPA), has announced plans to invest $1.1 billion to fully rehabilitate decaying port infrastructure at TinCan, Apapa, Rivers, Delta, Calabar, and Onne ports as part of efforts to improve the efficiency of the nation’s existing ports. Out of the estimated 47,000 kilometres of coastline in Africa, Nigeria makes up about 853 kilometres, creating the perfect opportunity to get access to its much-needed revenue. This coastline and a 200 nautical mile exclusive economic zone make up Nigeria’s coastline in the Gulf of Guinea. The coastline equals a maritime area of

Image
28-November-2023

EFCC Educates Public About Ways to Prevent ATM Card Swap Fraud

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians of unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swap fraud. The commission issued the alert on Monday in a statement by the Head of Media and Publicity, Mr Dele Oyewale. According to the EFCC, fraudsters engaged in this activity typically keep a debit card from the same bank and, under the guise of assisting a confused bank customer at an ATM point, swiftly swap the card while memorising the PIN used with fake cards. “These cards get stuck in the machine due to a