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NNPCL Claims Nigeria Can Achieve 3mbpd In Oil Production
The Nigerian National Petroleum Company Limited has stated that increasing crude oil production from the current 1.7 million barrels per day to three million barrels is achievable.
Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, announced this during a stakeholders’ engagement session with journalists covering the National Assembly on Saturday.
He attributed the potential for increased production to the political will demonstrated by President Bola Tinubu, who has issued directives to relevant security agencies to combat oil theft and pipeline vandalism.
According to Soneye, these efforts have contributed to a rise in daily oil production from 1.4 million to 1.7 million barrels.
“Three million barrels of oil production per day is achievable in Nigeria if all stakeholders work in synergy—from government and private security agencies to oil companies and host communities,” Soneye stated.
He added that with a collaborative effort against oil theft and pipeline vandalism, an enabling environment could be created to support optimal oil production levels of 2.5 to 3 million barrels per day.
Soneye also noted that at one point, oil production had plummeted to 900,000 barrels per day, highlighting the critical role of private security agencies and renewed military efforts in addressing the issue.
“At that time, we felt Nigeria was in trouble regarding oil theft, but the intensified fight against it has alleviated our concerns,” he said.
During the session, the Deputy Manager at the NNPC Command and Control Centre, Murtala Muhammad, presented a PowerPoint on the ongoing issue of crude oil theft and its economic impact on Nigeria.
He reported that over 8,000 illegal refineries and 5,800 illegal oil pipeline connections had been detected and destroyed in the last six months, with Bayelsa, Rivers, Imo, and Abia identified as hotspots for this criminal activity.
In a separate presentation on “Balancing Reporting and Nation Building: The Role of the National Assembly Press Corps,” Professor Taiye Obateru emphasised the importance of fairness and national interest in all journalistic endeavours.
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MILLIONS IN, MILLIONS OUT: Manchester United Cracks Record £677.6M Revenue Amid Mounting Financial Bleed!
Manchester United has reported a net loss of £43 million (approx. $57 million) for the financial year ending June 30, even as the club pulled in a record-breaking revenue of £677.6 million.....KINDLY READ THE FULL STORY HERE▶
The club’s revenue saw a 1.7 percent boost, largely propelled by a nearly 20 percent increase in broadcasting income following a third-place finish in the Premier League during the 2025/26 season. However, both commercial and matchday revenues dropped by nearly 5 percent due to playing without European football.
Key highlights from the financial report include:
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Seventh Consecutive Loss: The accounts marked United’s seventh straight annual loss after tax, which included £8.2 million in exceptional costs mainly linked to the departure of manager Ruben Amorim in January after 14 months in charge.
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Stadium Expansion & Cost-Cutting: The club invested £63.5 million on land adjacent to Old Trafford as part of ambitions to build a new 100,000-capacity stadium, while co-owner Jim Ratcliffe has continued implementing strict cost-cutting initiatives and job reductions.
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Future Outlook: Chief Executive Omar Berrada expressed confidence in the club’s trajectory and financial discipline, with the club projecting revenues between £740 million and £760 million for the current financial year.
Despite the positive financial outlook and a return to Champions League football under manager Michael Carrick, the team has faced a rocky start to the new Premier League campaign, picking up five points from their first five matches and exiting the English League Cup.
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ARM UP OR WIPE OUT! General Musa Demands Mandatory Military Boot Camp For Every Single Citizen!
The Minister of Defence, General Christopher Musa (rtd), has proposed that every Nigerian citizen should undergo military training, arguing that the physical and mental endurance it builds provides a unique perspective on life.....KINDLY READ THE FULL STORY HERE▶
Speaking on the African Leadership Podcast with Ken Giami, the minister explained that putting ordinary citizens through rigorous boot-camp conditions would foster a deeper appreciation for the sacrifices made by members of the Armed Forces.
According to Musa, experiencing firsthand hunger, exhaustion, and physical strain teaches invaluable lessons in resilience.
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Building Resilience: Citizens would learn what it means to keep moving forward despite physical fatigue, lack of sleep, and hunger while protecting their country.
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Understanding the Military: The training is designed to help the public truly grasp the gravity of soldiers putting their lives at stake on the front lines.
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Addressing Criticism: Expressing frustration over public backlash, the minister noted that such an experience would help critics better understand and respect the hardships military personnel face daily.
Musa emphasized that understanding these hardships highlights the true dedication of security forces who risk everything so that other Nigerians can move about freely.
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‘Nigeria Will Be Governed Remotely Until Tinubu Returns’ – Hakeem Baba-Ahmed
ABUJA — The National Chairman of the Peoples Redemption Party (PRP), Dr. Hakeem Baba-Ahmed, has remarked that Nigeria is effectively being managed from afar following the extension of President Bola Tinubu’s leave in Europe.....KINDLY READ THE FULL STORY HERE▶
Baba-Ahmed pointed out that both President Tinubu and Vice President Kashim Shettima are currently out of the country—with the President extending his working vacation in Paris and the Vice President attending the United Nations General Assembly (UNGA) in New York.
Key Highlights from Baba-Ahmed’s Remarks
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Remote Governance: Baba-Ahmed criticized the concurrent absence of the nation’s top two leaders, noting on social media that the country would have to “be governed remotely” until the President’s return.
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Critical Timing: He emphasized that this leadership vacuum occurs at a crucial moment when citizens are evaluating the current administration and deciding whether they desire a continuation of leadership or a major change.
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Questions on Leadership Priorities: The PRP chieftain expressed skepticism over the timing of the prolonged absence, suggesting that the administration’s current approach leaves critical domestic governance gaps.
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