General
Edo Refinery Receives 15,000 Barrels Of Crude From Oza Oil Field
By Adedapo Adesanya
The Edo Refinery has confirmed the receipt of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field operated by Decklar Resources Incorporated and its co-venturer, Millenium Oil & Gas Company Limited.
This was disclosed by the Chief Executive Officer of Decklar Resources, Mr Sanmi Famuyide, in a statement, noting that the company has continued ongoing crude oil injection volumes into the Trans Niger Pipeline for transport to and export from the Bonny Export Terminal.
The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC), facilitated through a Memorandum of Understanding (MoU) between the Governor Godwin Obaseki-led State Government and AIPCC.
Initially a 6,000 barrels per day capacity plant, it is being expanded to 21,000 barrels per day and upon completion, the facility with its feedstock can produce 500,000 litres of diesel, 300,000 litres of Naphtha, and 200,000 litres of low-pour fuel oil.
“We are very pleased to announce the significant milestone of the first crude oil exports from the Oza Oil Field through the TNP and Bonny Export Terminal. In addition, crude oil is still being trucked to the local refinery customer in Edo State.
“The restoration and continued operation and availability of the Trans Niger Pipeline connection between the Oza Oil Field and the Bonny Export Terminal and delivery and sales of crude oil to the local refinery has allowed Decklar and Millenium to deliver a steady stream of crude oil to market and to generate a continuing revenue stream,” said Mr Famuyide.
“With continued revenues, the company’s financial position will improve enabling progress with additional field development activities including re-entries and drilling plans. In addition, the approximately 8,000 barrels of crude oil Decklar and Millenium previously delivered to the Forcados export terminal is expected to have a vessel nomination in the next few weeks with export and sales coming, thereafter,” he added.
Mr Famuyide also said that the crude oil produced from the field is sold to Shell Western Supply and Trading Limited (Shell).
“Crude oil production from the Oza Oil Field through the TNP to the Bonny Export Terminal is being sold to Shell Western Supply and Trading Limited (“Shell”). Crude oil held in storage at the Oza Oil Field and crude oil being produced into storage tanks from the Oza-1 and Oza-4 wells is being transported by truck a short distance in-field to the transfer pumping station at the Oza Oil Field for injection into the TNP.
“The first crude oil export cargo of 15,000 bbls to Shell was loaded on board a vessel with a bill of lading date of February 7, 2024, with sales proceeds expected in the last week of March.
“Decklar and Millenium are expecting another crude oil export nomination notice from Shell before the end of March 2024 for the export of another 15,000 barrels of crude oil currently held in the Bonny Export Terminal tanks,” he disclosed.
General
Nigeria Records Zero Piracy Incident Fourth Straight Year in 2025
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has reaffirmed its commitment to accountability, improved performance, and sustained growth in the maritime sector, as the country recorded zero piracy incidents on its territorial waters for the fourth consecutive year.
This came with the signing of its 2026 Sectoral Performance Bond, overseen by the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.
According to the Director-General of NIMASA, Mr Dayo Mobereola, the Performance Bond is a key governance instrument for tracking deliverables, strengthening institutional accountability, and aligning the Agency’s operations with national priorities.
He stated that NIMASA’s ongoing reforms are driven by purposeful leadership and strategic ministerial support, adding that the Agency remains committed to delivering on its mandate in line with the Renewed Hope Agenda of President Bola Tinubu’s administration.
On maritime security, Mobereola disclosed that Nigeria has recorded zero piracy incidents in its territorial waters over the past four years, attributing the milestone to enhanced surveillance systems and improved inter-agency collaboration.
He further revealed that the Agency is at an advanced stage of automating its ship registry processes, a move expected to improve efficiency, reduce delays, and boost Nigeria’s competitiveness in global maritime business.
Providing an update on the Cabotage Vessel Financing Fund (CVFF), the NIMASA boss said more than 60 applications have been received since the portal was launched in January 2026, assuring that the disbursement process will be transparent and strictly monitored.
Mr Mobereola also noted that Nigeria has deposited three conventions with the International Maritime Organisation (IMO), while three others are awaiting Federal Executive Council approval, underscoring the country’s commitment to international maritime standards.
Speaking further, he noted that Nigeria’s election into category C at the IMO Council in November 2025 restored its voice in global maritime governance and strengthened its leadership role in Africa.
In his remarks, Minister Oyetola reiterated the federal government’s commitment to using the maritime sector to drive economic diversification, job creation, and foreign exchange earnings.
He stressed that the Performance Bonds are binding commitments that will be closely monitored, declaring that “accountability is not optional.”
General
FCCPC to Extend Regulatory Oversight to Electrical, Electronic Products
By Adedapo Adesanya
The Federal Competition and Consumer Protection Commission (FCCPC) says it has expanded its market surveillance and product testing to electrical and electronic products to ensure strict regulatory compliance.
The organisation also said it was extending market surveillance to cables and other building materials due to significant product safety issues regarding collapsed buildings.
According to the Director of the Surveillance and Investigations Department at FCCPC, Mrs Boladale Adeyinka, there are products that did not meet basic safety and quality standards in circulation.
She noted that where business conduct raises concerns about consumer safety, such matters would be investigated.
Mrs Adeyinka said the commission was coordinating with various sector regulators to address weaknesses that permitted unsafe products to enter or remain in the market.
”When a product presents a risk, the law requires prompt collective action, including product withdrawal, product recall, and proper notice to the consumer.
“If you are producing products in Nigeria and you discover there is a safety concern or likely to be a safety concern with respect to products that you have rolled out in the market, you have an obligation to withdraw and recall them.
“You also give notice to consumers who have purchased those products to be able to make the remedial actions, particularly with products that may significantly affect the lives of consumers of those products.”
“These are not optional expectations but legal requirements under our law. They are statutory duties to ensure product safety and consumer welfare in Nigeria.
“Failure to act responsibly by recalling, withdrawing, and issuing consumer notice will attract strict and stiff regulatory response from the commission,” she added.
The official noted that, “Compliance is not a favour to the regulator,” she stated.
Mrs Adeyinka also said FCCPC, headed by Mr Tunji Bello, remained committed to effectively monitoring and enforcing compliance across the market.
General
Kebbi Assembly Speaker Muhammad Usman Zuru Dies in Egypt
By Aduragbemi Omiyale
The Speaker of the Kebbi State House of Assembly, Mr Muhammad Usman Zuru, has died in an Egyptian hospital.
He was said to have breathed his last on Monday night at the North African healthcare facility.
Details surrounding his death last night have yet to be made public, but the Special Adviser to Governor Nasir Idris on Communication and Strategy, Mr Idris Zuru, said, “We are still gathering full details surrounding his passing. The government will make an official statement and announce burial arrangements in consultation with the family.”
“The death of the Speaker, Muhammad Usman Zuru, came to us as a rude shock. It is a painful loss not only to Kebbi State but to the entire nation,” the media aide further stated.
It was gathered that the late Speaker travelled to Egypt to receive treatment for an undisclosed illness.
Before his passing, the lawmaker represented Zuru Constituency in the Kebbi State House of Assembly.
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