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Auto giant Toyota said Wednesday it was suspending production at all its factories in Japan because of an approaching typhoon. “From today’s number-two (afternoon) shift through tomorrow’s number-one (daytime) shift, we will suspend all the production lines at domestic factories,” a Toyota spokesman told AFP.
The Rivers State House of Assembly, led by Victor Oko-Jumbo, has confirmed Emmanuel Frank-Fubara as a commissioner nominee. The confirmation…
President Bola Tinubu has said that the conflict in Palestine, Middle East has persisted for far too long. Tinubu stated this on Monday while addressing the Joint Arab-Islamic Summit in Riyadh, Saudi Arabia. The Summit, DAILY POST learnt, was convened to address the current situation in the Middle East. Tinubu canvassed for an immediate ceasefire
Gaza conflict lasted for too long, causing immeasurable suffering – Tinubu
President Bola Tinubu has said that the conflict in Palestine, Middle East has persisted for far too long.
Tinubu stated this on Monday while addressing the Joint Arab-Islamic Summit in Riyadh, Saudi Arabia.
The Summit, DAILY POST learnt, was convened to address the current situation in the Middle East.
Tinubu canvassed for an immediate ceasefire in Gaza, affirming the country’s support for a two-state solution, where both Israelis and Palestinians can co-exist in security and dignity.
He called for an end to Israeli aggression in Gaza, warning that the conflict has inflicted immeasurable suffering on countless lives.
Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a press release, said the one-day summit was a follow-up to the Riyadh summit in 2023.
Onanuga said Tinubu used the opportunity to call on parties in the conflict in the Middle East to respect the principles of proportionality and the basic rights of civilians.
He further noted that this solution remained a viable part of lasting peace in the region.
”The conflict in Palestine has persisted for far too long, inflicting immeasurable suffering on countless lives.
”As representatives of nations that value justice, dignity, and the sanctity of human life, we have a moral obligation to collectively bring about an immediate end to this conflict.
”It is not enough to issue empty condemnations. The world must work towards an end to Israeli aggression in Gaza, which has persisted for far too long.
“No political aim, no military strategy, and no security concern should come at the expense of so many innocent lives,” he said.
Gaza conflict lasted for too long, causing immeasurable suffering – Tinubu
The Federal Ministry of Petroleum Resources and stakeholders in the oil and gas sector have raised concerns about the need to implement the 2021 Petroleum Industry Act (PIA) for economic growth. Nicholas Ella, Permanent Secretary of the Ministry of Petroleum Resources, alongside other stakeholders, made the call at a one-day stakeholders’ engagement on “Harnessing the
Nigerian govt, stakeholders raise concerns on implementation of PIA
The Federal Ministry of Petroleum Resources and stakeholders in the oil and gas sector have raised concerns about the need to implement the 2021 Petroleum Industry Act (PIA) for economic growth.
Nicholas Ella, Permanent Secretary of the Ministry of Petroleum Resources, alongside other stakeholders, made the call at a one-day stakeholders’ engagement on “Harnessing the Petroleum Industry Act (PIA) as a Catalyst for Investment in Nigeria’s Oil and Gas Sector” in Abuja. The meeting was organized by the Ministry of Petroleum Resources.
Represented by Mohammed Abubakar, Director, Midstream and Downstream, Ella recalled the enactment of the PIA in 2021, which aimed to promote efficiency, boost transparency, and enhance sustainable practices.
“The PIA also marks a new chapter for investors, providing clarity and stability in fiscal regimes, which are essential for fostering both local and international investment.
“In 2023, Nigeria saw a rebound in oil production, averaging 1.4 million barrels per day in the third quarter, a significant improvement from the previous year.
“This resurgence was driven largely by the enhanced operational environment fostered by the PIA, as well as the continued efforts to combat oil theft and pipeline vandalism.
“I encourage all stakeholders, whether from government, industry, investment, or host communities, to focus on actionable outcomes that will maximize the benefits of the PIA,” he said.
According to him, with the PIA, Nigeria is ready to lead Africa in energy investments, attract global capital, and maintain its pivotal role in the international energy arena.
Ahmed Galadima, Executive Secretary of the Petroleum Technology Development Fund (PTDF), said that they had engaged in human capacity development, research and development for technological innovations, and institutional development to support energy transition and gas development initiatives.
Represented by Muhammad Abdulrahman, Deputy General Manager, Education and Training Department, Galadima said PTDF was committed to aligning its strategies with the key drivers of the PIA to enhance local participation.
“We will ensure that Nigeria benefits fully from its hydrocarbon wealth and the government’s efforts in energy transition.
“We have a comprehensive roadmap that focuses on expanding our partnerships with international research and academic institutions, oil companies (IOCs), and multilateral organizations.
“This will support skills transfer, enhance capacity building, and integrate cutting-edge technology into Nigerian operations, enhancing the oil and gas value chain.”
On the development of gas innovation and renewable energy research centers, he said they would support the government’s desire to meet global efforts on energy transition targets and objectives of the Global Energy Planning Targets.
Mohammed Shehu, Chairman of VG Energy, while speaking on “Unlocking Nigeria’s Oil and Gas Potential through the PIA and Leveraging Technology to Combat Oil Theft and Boost Government Revenue,” said technology was revolutionizing systems.
Shehu stated that the government could deploy pipeline surveillance and monitoring systems, blockchain technology for supply chain management, the Internet of Things, and artificial intelligence to boost activities in the oil and gas sector.
Gideon Obande, an official with YIN, emphasized that Nigeria needed to ascertain the quantity of crude oil produced daily to track what is being stolen.
“There has to be a systematic assessment of production levels to address operations to the extent that we can be precise about the barrels of oil we produce as a nation and track the stolen ones,” he said.
Nigerian govt, stakeholders raise concerns on implementation of PIA