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Port Harcourt Refinery’s Return: A Glimmer Of Hope Or A False Dawn?

Port Harcourt Refinery

The Port Harcourt Refining Company’s (PHRC) resumption of operation in December 2023, after years of dormancy and rehabilitation, marks a significant moment for Nigeria’s oil sector.

The recommencement of operations at the Port Harcourt refinery comes over two years after the Federal Government approved funding of $1.5 billion (1.2 billion euros) to repair one of its biggest oil refineries.

However, in August, the Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, said the Port Harcourt refinery will recommence operations in December.

Lokpobiri said this during an inspection tour of the rehabilitation work at the PHRC Ltd. plant

“Our objective in coming here today is to ensure that in the next few years, Nigeria stops fuel importation. From what we have seen here today, Port Harcourt Refinery will come on board by the end of the year,” he said in August.

The government chose an Italian firm Maire Tecnimont to carry out the repair work at the Port Harcourt facility which has a capacity of some 210,000 bpd.

“We are happy to announce that the rehabilitation of productivity refinery will commence in three phases,” the then-Minister of Petroleum (State) Timipre Sylva told reporters.

However, amidst the celebratory atmosphere, a critical analysis reveals a complex picture filled with both promising progress and lingering challenges.

Rekindling a Dormant Engine:

For years, the Port Harcourt Refinery, like its counterparts in Warri and Kaduna, lay dormant, choked by underperformance and plagued by protracted maintenance projects. This dependence on imported refined products exposed Nigeria to volatile global oil prices and hampered its economic diversification. The restart therefore signifies a tangible step towards regaining control over a crucial segment of the oil and gas value chain.

Deciphering the Capacity Conundrum:

While the combined capacity of these four refineries stands at 445,000 bpd, actual processing levels are likely to be much lower, at least initially. Technical hiccups, ramp-up delays, and potential feedstock shortages could constrain production, tempering expectations of immediate abundance. Additionally, the question of long-term sustainability remains, as future viability hinges on effective maintenance, efficient operations, and a conducive policy environment.

Beyond Port Harcourt: Unveiling the Wider Canvas:

The Port Harcourt restart, though crucial, is just one piece of a larger puzzle. The revitalization of all four refineries will be necessary to achieve oil-sector autonomy and unlock its potential for fueling broader economic growth. This necessitates significant investments, not just in physical infrastructure but also in institutional reforms, including streamlining bureaucratic processes, attracting skilled personnel, and fostering transparency in resource management.

A Glimmer of Hope, a Cautious Optimism:

The Port Harcourt refinery’s restart offers a glimmer of hope, a tangible sign of progress in Nigeria’s quest for domestic refining self-sufficiency. However, it’s crucial to view this development not as a triumphant finish line but as a significant milestone on a long and arduous journey. Continued commitment, meticulous planning, and unwavering resolve are key to ensuring this initial spark ignites a sustainable refinery renaissance for Nigeria.

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Safe School Initiative To Cover Off-Campus Hostels – Commander

 

Lifestyle Nigeria gathered that In addressing student safety, the National Safe School Response Coordination Centre Commander, Hameed Abodunrin, has highlighted the importance of including off-campus accommodations like student hostels within the Safe School framework.

On February 9, 2024, students of the Federal University of Technology, Akure, FUTA, protested against the incessant robbery attacks that had been ravaging the student community.

To strengthen campus security, Abodunrin, who spoke on Wednesday, emphasised the project’s applicability to all educational settings, particularly tertiary institutions.

He stressed the need for comprehensive protection plans, involving both on-campus and off-campus situations.

He said, “The Safe School project is for every place of learning, tertiary institutions are inclusive.

“Many universities, polytechnics, and Colleges of Education, among others, have their students’ hostels outside the school campuses.

“Whatever happens to them is also seen and considered as part of the Safe School issues. As such, carrying them along is key for comprehensive protection plans,” the commander said.

He noted the unique engagement required for tertiary institutions due to the maturity of students, involving both student union leadership and university management.

Furthermore, security personnel are receiving specialised training to handle challenges in both settings.

“The way tertiary institutions are being engaged is a bit different in that the students are more mature and independent. The leadership of the students’ union as well as the university management is being engaged as well.

“Besides, security operatives in some of the higher institutions are being trained not only to further understand the problems within but outside their campuses,” Abodunrin stated.

Abodunrin also emphasised the necessity of a holistic approach involving governmental and societal efforts to address insecurity, encompassing various strategies from governmental resources to societal contributions like providing information to security agencies and offering psychosocial support to affected individuals within the community.

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BREAKING: Alleged Mastermind Of Abuja-Kaduna Train Attack, Moniker Mandi, Arrested – Lifestyle Nigeria

Operatives of the Nigeria Police Force have made a significant breakthrough by apprehending the alleged mastermind behind the violent assault on the Abuja-Kaduna passenger train in March 2022.

The development was disclosed during a press briefing held in Kaduna on Thursday, May 2, 2024, by the Police Public Relations Officer, ACP Olumuyiwa Adejobi.

Identified as Ibrahim Abdullahi, who also goes by the ominous moniker of Mandi, the suspect’s arrest marks a pivotal moment in the investigations into the unfortunate Abuja-Kaduna train attack.

ACP Adejobi revealed that Abdullahi was also involved in the abduction of students from Greenfield University in 2021, shedding light on the extent of his alleged criminal activities.

Source: Politics Nigeria

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How 17-Year-Old Hacker Stuns EFCC Chairman With Impressive IT Skills 

 

Lifestyle Nigeria gathered that the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, narrated an incident where a 17-year-old successfully hacked into his personal computer and bank account while being interrogated at his office in Lagos.

The anti-graft agency chairman made this known in a chat with editors at the EFCC Headquarters, Jabi, Abuja, last Tuesday.

Olukoyede recounted inviting the 17-year-old for questioning at his own office, only to witness the young hacker effortlessly bypass the security measures of his locked computer right before his eyes.

He said, “I brought into my Lagos office a seventeen-year-old boy who is studying History and Anthropology. He is in the 200 level. He is not doing anything science-related. The guy sat in my office in Lagos and demonstrated some things to me on my laptop.

“He asked for my number, I gave him my number and through my number, he got my BVN. He then mentioned the name of my account number to me at the bank. I didn’t tell him anything.”

According to him, the country must take all necessary measures to discourage these young individuals, as their actions could lead to imprisonment or even fatal consequences.

“The problem is, I see crime in that, and I also see opportunities in it. So, if you leave these guys, we don’t make them know that what they are doing is wrong, if you leave them, they will continue to see it as a way of life to make money.”

He mentioned that due to their young ages, the EFCC would administer light sentences to punish youths for the cybercrimes they committed, while also focusing on helping them change their orientation.

“We plead for light sentences so that we can reorientate them and that’s part of what we’re doing. What joy will I derive from sending a 17-year-old boy to jail? You have destroyed his future. You have destroyed his career.

“Sometimes they give them options of fines and all of that conviction, so we bring them in, lecture them and talk to them.”

In a bold demonstration of his skills, the boy confidently informed Olukoyede that he could transfer up to 10 million naira from any account in a single transaction.

He said the 17-year-old boy, when he was done, said, “Look, oga, I can make 10 million now. I will demonstrate it to you. I will move money from your account to mine.

“I said no, don’t do that in my office and he was ready to do that. When he opened my laptop, I didn’t give him the key to my laptop and he had access.

When questioned about his involvement in cybercrime, the boy explained that his parents, who are both farmers, were unable to work on their farm due to security concerns.

“He has two younger ones. One is in JSS2 and the other is in SSS2. He is the one feeding his parents and responsible for the payment of tuition for his younger ones.

“I saw a Bill Gates in that guy.”

Olukoyede, however, assured the boy that he would take responsibility for his schooling if he was able to stop the criminal act.

“I told my family, we are going to do that.

“I spoke to one of my friends who is also ready to help take up the schooling of the SSS 2 guy. So I’m still looking for someone who will take up the one for the JSS 2 sibling.”

This is not the first time the EFCC chairman has revealed the anti-graft agency’s plan to rehabilitate convicted internet fraudsters with reduced sentences.

Addressing a delegation of the National Association of University Students in March 2024, he said “when you think deeply, that tag ‘ex-convict’ is not a good thing. You can never tell where you will find yourself tomorrow, and they will want to profile you and discover that you are an ex-convict.”

“So, it is even in the interest of the youth that the EFCC is doing what it is doing to prevent them from indulging in the heinous act of cybercrime.”

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