General
Army Deactivates 31 Illegal Refineries in One Week
By Adedapo Adesanya
The Nigerian Army says it has intensified its crackdown on oil theft in the Niger Delta, engaging suspected criminals in a fierce gun battle and deactivating 31 illegal refining sites across Rivers, Delta, Bayelsa, and Akwa Ibom states.
The large-scale operation, conducted between March 3 and 9, 2025 according to the Army, led to the arrest of 29 suspects, the seizure of over 212,000 litres of stolen petroleum products, and the destruction of 26 boats used for illegal activities.
Lieutenant Colonel Danjuma Jonah Danjuma, Acting Deputy Director of 6 Division Army Public Relations, said the operation carried out in collaboration with other security agencies, dealt a significant blow to oil thieves who continue to sabotage Nigeria’s economy through illicit refining and smuggling of petroleum products.
“One of the biggest busts took place in Ogbonga Forest, Bonny Island, where troops discovered 10 illegal refining sites, 15 cooking pots, and two massive reservoirs stocked with over 70,000 litres of stolen crude.
“Also seized were three tanks filled with 10,000 litres of stolen products and a 200-meter-long hose used for siphoning crude. These items were tactically concealed under a thick forest, making them difficult to detect through aerial surveillance.
“Further operations in Oloma, Krakarma, and Elelenwo led to the interception of three suspected oil thieves transporting 10,000 litres of stolen products in a wooden boat. In Degema LGA, security forces dismantled four illegal refining sites, confiscated 9,600 litres of stolen crude, and destroyed four boats used for illicit activities.
“In Bayelsa, suspected oil thieves opened fire on troops, but were overpowered and fled. Following the clash, security forces recovered over 12,000 litres of stolen crude and 9,000 litres of illegally refined Automotive Gas Oil. Other items seized included seven wheelbarrows and a motorcycle used for illegal refining activities.
“Similarly, in Biseni, Yenagoa LGA, troops dismantled four illegal refining sites and seized 18 metal oven tanks, metal pipes, hoses, and dugout pits containing 5,800 litres of stolen crude. Along Biseni-Samabiri Road, operatives intercepted a Toyota Sequoia Jeep loaded with 1,750 litres of illegally refined AGO stored in sacks.
“The occupants abandoned their vehicle and fled upon sighting troops. Similarly, over 4,000 litres of illegally refined AGO stored in two separate residential buildings were recovered after the occupants fled.
“In Delta State, operatives intercepted a truck carrying 35,000 litres of stolen petroleum products, while in Warri South LGA, security forces dismantled five boats used for illegal refining and confiscated 4,000 litres of stolen crude. Additional seizures were made at Obodo Omadino, Ogbe-Ijoh Market, Ughoton, and Alele Communities, where multiple illegal refining sites and storage facilities were discovered.
“In Akwa Ibom, security agents foiled an attempt to smuggle petroleum products across international waters. Troops intercepted 5,600 litres of illegally refined Premium Motor Spirit packed in 20 jerrycans of 280 litres each at Oron LGA, a key maritime exit point,” he said.
Commending the troops for their operational success, Major General Emmanuel Eric Emekah, General Officer Commanding, 6 Division Port Harcourt, reiterated the military’s resolve to end oil theft in the Niger Delta.
“The message is clear: turn to legitimate business or be ready to face severe consequences. Security agencies will sustain pressure on oil thieves and economic saboteurs,” the Army GOC stated.
The Nigerian Army further warned those involved in illegal oil refining to desist, urging communities to support efforts aimed at protecting national economic assets.
“The war against oil theft is critical to restoring Nigeria’s dwindling oil revenue, as the government loses billions of naira annually due to illegal refining and pipeline vandalism.”
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn