The Catholic Bishop of Ilorin Diocese, the Most Rev. Ayo-Maria Atoyebi, has urged the three tiers of government to do more for the citizenry to ensure their well-being. Atoyebi made the appeal in an interview with the News Agency of Nigeria (NAN) on Mo...
An Italian oil firm, Eni, on Monday shut down its activities in the swampy oil fields located in Bayelsa over theft.
The firm, in a statement made available to the News Agency of Nigeria (NAN) in Yenagoa on Monday, attributed the frequent spills to oil theft by vandals and said that it had decided to shut down operations to prevent further damages to the environment.
Eni, which operates in Nigeria as Nigeria Agip Oil Company (NAOC), said it authorised the suspension of operations on March 22 and subsequently declared ‘Force Majeure’ on its oil output from the facility on March 23.
`Force Majeure' is a legal notice that absolves an oil firm of liabilities for failure to meet supply obligations to crude buyers due to circumstances beyond the firm’s control
“Eni confirms that during the night between 21 and 22 March, the company has declared force majeure and ordered the closure of its onshore activities in the Swamp Area, located in Bayelsa State in Nigeria.
“The decision was made due to the intensified bunkering, consisting in the sabotage of pipelines and the theft of crude oil, which has recently reached unsustainable levels regarding both personal safety and damage to the environment.
“Sustainability is for Eni a priority in Nigeria, as in all the countries in which it operates, the statement said.
According to the statement, the firm produced about 40,000 barrels of crude oil equivalent daily from the shut facilities.
It espressed regret about 7,000 barrels of its daily crude production was lost to oil thieves in Bayelsa, a development the firm described as unsustainable and compelled it to shut down.
The Squash Federation of Africa (SFA) has selected Nigeria to host the 2014 edition of Africa Squash Championships, the President, Nigeria Squash Federation (NSF), Femi Ajagbe, has said. Ajagbe said on Monday in Lagos that Nigeria had accepted the offe...
The operatives of the Inspector-General of Police’s Special Task Force on Anti-Pipeline Vandalism Unit, have arrested five suspected vandals in Lagos, that News Agency of Nigeria (NAN) reports. Mr Friday Ibadin, Assistant Commissioner of Police i...
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Team Nigeria youth athletes who cleared the gold medals in the 100 metres in both boys and girls categories of the maiden edition of the Africa Youth Athletics championship in Warri, Delta State where the IAAF instructors and other observed are eyeing ...
The Ondo and Nigeria Immigration Service (NIS) Delta teams have emerged champions of the second edition of Samsung Beach Volleyball Championship for Men and Women respectively In the competition played at the Jabi Lake beach volleyball court, the teams...
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The Nigeria Olympic Committee has urged the Athletics Federation of Nigeria to take advantage of the hosting of the African Youth Athletics Championship in Asaba in the nation’s preparations towards the Youth Olympics, Commonwealth Games in Glasg...
The Senate met Nigeria’s security chiefs last Wednesday in an executive session. Of course, the increased terror campaigns recorded in most parts of the country’s north as well as fresh terror threats in other regions topped the agenda. EDE...
Special Adviser on Communications to Governor Kashim Shettima of Borno State, Isa Umar Gusau, had a chat recently in Abuja with journalists, responding to views which were in sharp contrast with those of his boss on the issue of dialogue and amnesty fo...
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The Federal Airport Authority of Nigeria (FAAN) has said it will boost its revenue generation through non- aeronautical bases when the remodelling works across the airports are completed. This is coming as the airport authority disclosed that it ...
A new competition in the high-end smartphone segment will get tougher with the entry of Sony Mobile Communications’ new Android smartphone into the Nigeria mobile devices market. With the launch of its much-awaited smartphone, Xperia Z, in Lagos ...
With enormous potential in Nigeria’s maritime, the country’s shipping industry remained largely undeveloped, with local investors’ vessels in a comatose state. In this report, SAMSON ECHENIM x-rays the challenges and possible solution...