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PhonesRe: Nigeria Signs Currency Pact With China And It's Effect On Phone Imports by obo389(m): 5:40pm On Apr 16, 2016
my brothers from the east are the ones who will benefit these policy most
PoliticsRe: Fulani Herdsmen Confess To Membership Of Boko Haram (April 2014) by obo389(m): 11:26pm On Apr 11, 2016
so Chris Olukolade is still the army spokesman abi?
weldone
HealthRe: Electrocution Of My Brother By 33kva Over Head High Tention Wire Of PHCN by obo389(m): 11:16pm On Apr 11, 2016
wow. so sory about ur bro but was it the electrocution that affected his right arm?
Jobs/VacanciesRe: Efcc Recruitment by obo389(m): 9:03am On Apr 10, 2016
mods, kindly move to front page.
this EFCC job ad is authentic and was sent to me by an insider.

CrimeRe: The Busting Of Ayokunnu Human Abattoir In Ogun - Graphic Photos by obo389(m): 8:12pm On Apr 06, 2016
lord have mercy
RomanceRe: If This Is What Relationship Is All About Then I Quit!!! by obo389(m): 10:54pm On Apr 02, 2016
you never see anything.
Nairaland GeneralRe: Photo Of Some Muslim Youths Mocking The Crucification Of Jesus by obo389(m): 4:32am On Mar 29, 2016
angry @ OP, this is an old report and it dint happen in nigeria. please be guided
PoliticsNNPC Spends N103.4 Billion To Protect Oil Pipelines In One Year by obo389(op): 7:29am On Mar 28, 2016
• Corporation loses N57.71b to vandalism
• 2,832 vandalised points recorded in 13 months, 400
in 2016
• Ghana may dump Nigeria, looks elsewhere for gas
supply.
It may be virtually impossible for the Nigerian
National Petroleum Corporation (NNPC) to
operate its refineries, crude oil and products
pipelines nationwide profitably, unless
government takes drastic measures to eliminate
all acts of pipeline vandalism, according to an
investigation by The Guardian.
This is coming in the light of a report titled
“Report on Improving Local Refining Capacity
in Nigeria”, prepared by the Managing Director,
Matwims Consult Limited, Mark Tubotein,
which reveals that the repeated repairs by
Petroleum Pipelines and Marketing Company
(PPMC) after each act of vandalism for several
years calls to question the integrity of existing
pipelines that are over 35 years in operation
without adequate maintenance on them.
Before this report, there were revelations by
the NNPC that the huge spending by
government for the purpose of protecting
Nigeria’s vital petroleum products’ pipelines
seemed not to be having any positive effects on
the security of the country’s oil and gas
resources after all.
This is because despite spending N103.4 billion
for pipeline repairs and management between
January and December 2015, data from the
NNPC shows that the Federal Government
actually recorded crude oil and product losses
of N57.71 billion to pipeline vandalism.
According to Tubotein, the repeated repairs by
the Petroleum Pipelines and Marketing
Company (PPMC) after each act of vandalism
for several years call to question the integrity
of existing pipelines that are over 35 years of
operation without adequate maintenance on
them.
He noted that reports from the NNPC reveal
that as from January to August 2015 alone,
there have been over 1,824 cases of line breaks
on PPMC pipelines. “The corporation at least,
spends billions of naira each year to maintain
and secure pipelines with the assistance of
security personnel and community personnel in
the Niger Delta. With this level of financial
expenditure on dilapidated pipelines coupled
with low capacity utilisation of local refineries,
there is no way the corporation can remain
profitable.”
He said since the transportation of products
through pipelines cost less than the alternative
modes, viz, rail, road and sea, “ providing
marketing companies the access of pipelines for
a reasonable fee is essential to protect the
consumer interests. All product pipelines need
to be treated as utilities and ‘common carrier
principle’ made applicable to all of them. The
tariff for the usage of pipelines may be fixed by
the regulatory body such as Department of
Petroleum Resources (DPR).”
Due to the series of pipeline vandalism, Nigeria
has suffered setbacks in meeting its gas
obligation to Ghana and other West African
countries through the West Africa Gas Pipeline
Company. It was learnt that Ghana has already
started making alternative arrangements to get
gas in order to provide regular electricity,
which has been epileptic for several months
due to the deficit in Nigeria’s supply.
Specifically, NNPC disclosed that a total of
2,832 vandalised points were recorded between
February 2015 and January 2016. According to
data from the corporation, the Mosimi pipeline
recorded 103 breaks in February last year; 60
breaks in March; 101 breaks in April; 146
breaks in June; 78 in July; 79 in August; 44 in
September; 66 in October; 57 in November; 93
in December; and in January this year, it
recorded 59 breaks. In January alone, Kaduna
and Port Harcourt recorded 59 and 247 breaks
respectively, while Warri recorded 32
incidents.
The government initially hired community
members as guards, but then brought in the
security personnel when there was no
improvement with the local guards. Not even
the intervention of the security personnel could
stop the unrepentant vandals.
It was learnt that NNPC then adopted a new
strategy in 2011, reportedly signing pipeline
protection contracts worth at least $39.5
million a year. Government had touted the
deals as effective tools in the fight against oil
theft, yet NNPC’s own data show pipeline losses
actually went up after the new contracts
started.
In the last five years, things only appeared to
get worse. In the Niger Delta, as many as 5,280
oil wells are linked by 7,000 kilometres of
pipelines and are vulnerable to attacks by
organised gangs.
The NNPC said in its report that pipeline
vandalism, refinery capacity utilisation which
is below commercial threshold due to
prolonged Turn Around Maintenance (TAM)
issues, and products losses, had continued to
cost the corporation huge amounts of money.
Although the NNPC has not released the
January 2016 claimable Pipeline Repairs/
Management Cost and Crude and Product
Losses due to vandalised pipelines, The
Guardian learnt that the country has already
recorded over 400 breaches on pipelines
between January and March.
The corporation said that a comprehensive
reform of the pipeline security situation would
unlock several industry upsides which include
improved upstream oil production due to
reduced pipeline disruptions, improved refinery
utilisation due to increased crude oil feed from
restored pipelines, and reduction of crude oil
and product losses.
The Minister of State for Petroleum, Dr
Emmanuel Kachikwu, had expressed the
determination of the corporation to eradicate
oil theft and pipeline vandalism in the next
eight months.
“ I want to assure you that the new leadership
of NNPC, with the support and cooperation of
all stakeholders, is working very hard to
eradicate oil theft and pipeline vandalism in
the next eight months,” he said.
The NNPC boss said the measure was part of
efforts to enhance transparency and
accountability in the oil and gas industry, to
boost production capacity of the corporation.
According to him, oil theft and pipeline
vandalism have greatly affected the revenue
generation and image of Nigeria at the
international arena.
“Oil theft has reduced our revenue generation
and indeed affected the image of our country at
the international community,” he said. He
disclosed that as part of ways to find a lasting
solution to the lingering oil theft, NNPC would
establish a company that would be saddled
with the responsibility of securing pipelines in
the country.

source: http://m.guardian.ng/news/nnpc-spends-n103-4-billion-to-protect-oil-pipelines-in-one-year/[img]• Corporation loses N57.71b to vandalism
• 2,832 vandalised points recorded in 13 months, 400
in 2016
• Ghana may dump Nigeria, looks elsewhere for gas
supply.
It may be virtually impossible for the Nigerian
National Petroleum Corporation (NNPC) to
operate its refineries, crude oil and products
pipelines nationwide profitably, unless
government takes drastic measures to eliminate
all acts of pipeline vandalism, according to an
investigation by The Guardian.
This is coming in the light of a report titled
“Report on Improving Local Refining Capacity
in Nigeria”, prepared by the Managing Director,
Matwims Consult Limited, Mark Tubotein,
which reveals that the repeated repairs by
Petroleum Pipelines and Marketing Company
(PPMC) after each act of vandalism for several
years calls to question the integrity of existing
pipelines that are over 35 years in operation
without adequate maintenance on them.
Before this report, there were revelations by
the NNPC that the huge spending by
government for the purpose of protecting
Nigeria’s vital petroleum products’ pipelines
seemed not to be having any positive effects on
the security of the country’s oil and gas
resources after all.
This is because despite spending N103.4 billion
for pipeline repairs and management between
January and December 2015, data from the
NNPC shows that the Federal Government
actually recorded crude oil and product losses
of N57.71 billion to pipeline vandalism.
According to Tubotein, the repeated repairs by
the Petroleum Pipelines and Marketing
Company (PPMC) after each act of vandalism
for several years call to question the integrity
of existing pipelines that are over 35 years of
operation without adequate maintenance on
them.
He noted that reports from the NNPC reveal
that as from January to August 2015 alone,
there have been over 1,824 cases of line breaks
on PPMC pipelines. “The corporation at least,
spends billions of naira each year to maintain
and secure pipelines with the assistance of
security personnel and community personnel in
the Niger Delta. With this level of financial
expenditure on dilapidated pipelines coupled
with low capacity utilisation of local refineries,
there is no way the corporation can remain
profitable.”
He said since the transportation of products
through pipelines cost less than the alternative
modes, viz, rail, road and sea, “ providing
marketing companies the access of pipelines for
a reasonable fee is essential to protect the
consumer interests. All product pipelines need
to be treated as utilities and ‘common carrier
principle’ made applicable to all of them. The
tariff for the usage of pipelines may be fixed by
the regulatory body such as Department of
Petroleum Resources (DPR).”
Due to the series of pipeline vandalism, Nigeria
has suffered setbacks in meeting its gas
obligation to Ghana and other West African
countries through the West Africa Gas Pipeline
Company. It was learnt that Ghana has already
started making alternative arrangements to get
gas in order to provide regular electricity,
which has been epileptic for several months
due to the deficit in Nigeria’s supply.
Specifically, NNPC disclosed that a total of
2,832 vandalised points were recorded between
February 2015 and January 2016. According to
data from the corporation, the Mosimi pipeline
recorded 103 breaks in February last year; 60
breaks in March; 101 breaks in April; 146
breaks in June; 78 in July; 79 in August; 44 in
September; 66 in October; 57 in November; 93
in December; and in January this year, it
recorded 59 breaks. In January alone, Kaduna
and Port Harcourt recorded 59 and 247 breaks
respectively, while Warri recorded 32
incidents.
The government initially hired community
members as guards, but then brought in the
security personnel when there was no
improvement with the local guards. Not even
the intervention of the security personnel could
stop the unrepentant vandals.
It was learnt that NNPC then adopted a new
strategy in 2011, reportedly signing pipeline
protection contracts worth at least $39.5
million a year. Government had touted the
deals as effective tools in the fight against oil
theft, yet NNPC’s own data show pipeline losses
actually went up after the new contracts
started.
In the last five years, things only appeared to
get worse. In the Niger Delta, as many as 5,280
oil wells are linked by 7,000 kilometres of
pipelines and are vulnerable to attacks by
organised gangs.
The NNPC said in its report that pipeline
vandalism, refinery capacity utilisation which
is below commercial threshold due to
prolonged Turn Around Maintenance (TAM)
issues, and products losses, had continued to
cost the corporation huge amounts of money.
Although the NNPC has not released the
January 2016 claimable Pipeline Repairs/
Management Cost and Crude and Product
Losses due to vandalised pipelines, The
Guardian learnt that the country has already
recorded over 400 breaches on pipelines
between January and March.
The corporation said that a comprehensive
reform of the pipeline security situation would
unlock several industry upsides which include
improved upstream oil production due to
reduced pipeline disruptions, improved refinery
utilisation due to increased crude oil feed from
restored pipelines, and reduction of crude oil
and product losses.
The Minister of State for Petroleum, Dr
Emmanuel Kachikwu, had expressed the
determination of the corporation to eradicate
oil theft and pipeline vandalism in the next
eight months.
“ I want to assure you that the new leadership
of NNPC, with the support and cooperation of
all stakeholders, is working very hard to
eradicate oil theft and pipeline vandalism in
the next eight months,” he said.
The NNPC boss said the measure was part of
efforts to enhance transparency and
accountability in the oil and gas industry, to
boost production capacity of the corporation.
According to him, oil theft and pipeline
vandalism have greatly affected the revenue
generation and image of Nigeria at the
international arena.
“Oil theft has reduced our revenue generation
and indeed affected the image of our country at
the international community,” he said. He
disclosed that as part of ways to find a lasting
solution to the lingering oil theft, NNPC would
establish a company that would be saddled
with the responsibility of securing pipelines in
the country.

source: http://m.guardian.ng/news/nnpc-spends-n103-4-billion-to-protect-oil-pipelines-in-one-year/[

CrimeRe: See What Nigerian Army Did To This Bokoharam Caught Today by obo389(m): 10:53am On Mar 24, 2016
@OP, abeg i no understand??
how should he be treated? like celebrity? angry
do u have an idea how many of our soldiers,teenage girls,men,women,children and so on he must have maimed,killed,raped,butchered and so on?
and who is talking of human rights and fair hearing there?
CrimeRe: Gunmen Shoot Herbalist In Nsukka, Enugu (photo) by obo389(m): 9:55pm On Mar 23, 2016
after some people go come say na only Yoruba sabi juju. wetn dis one come do? undecided
RomanceRe: Counter Thread: Top 3 Lies Nigerian Women Tell Their Men by obo389(m): 11:05pm On Mar 22, 2016
have only done abortion once undecided
CultureRe: Ife Queen Wuraola With Her Lebanese Husband by obo389(m): 10:06pm On Mar 15, 2016
but na wa sha.but why will ifa accredit her after tasting everything tasteable and now,coming to taste a black man?
Jobs/VacanciesRe: Ordeal Of A Jobseeker Today In Victoria Island,pls Beware by obo389(m): 5:15am On Mar 11, 2016
this is serious case.i would advise this thread be moved to front page to save people and other job seekers from this calculated OBT.
imagine somebody paying #52k for job placement?
thats wickedness.
CrimeRe: Photo: Prime Suspect Of Ikorodu Abduction by obo389(m): 7:18pm On Mar 06, 2016
good development
CelebritiesRe: Mosun Filani Is Smoking Hot In New Portraits (photos) by obo389(m): 1:40pm On Mar 05, 2016
makeup oshi...
Jobs/VacanciesRe: Contract Staff Recruitment At Nigerian Gas Company by obo389(m): 9:52am On Mar 04, 2016
commot mind.its been scraped till further notice.
Jobs/VacanciesRe: See Ds Interesting Thread I Saw On Twitter,Shows Reality Of Life As A JobSeeker by obo389(m): 8:11pm On Mar 03, 2016
thought provoking
PoliticsRe: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by obo389(m): 7:45pm On Feb 21, 2016
rubbish.what does he knows about the economy?
Jobs/VacanciesRe: Why Is It Taking So Long For A Recruitment Firm To Hire After Interview? by obo389(m): 6:34pm On Feb 13, 2016
LaurelP:
Just two weeks. I have seen where someone had to wait for 11 months before he was hired. Calm down.
my own na one and half year.
CelebritiesRe: TY Bello’s Olajumoke Signed To Modeling Agency by obo389(m): 5:37pm On Feb 08, 2016
hmm
this God is awesome and wonderful.
this girls story should teach us a lesson.never giveup and and back down cos u never can tell who is watching ur huzzle and efforts but above all,God sees everything and at His appointed time,he will put smiles on our faces.
inagine when this girl woke up in the morning to go sell her bread and and somebody walks up to her and tell her that your gona be a star today and your status will ne elevated.i guess she will argue with that person and she will never believe it.just look at what has happened within a twinkling of an eye,her story has changed.
na so God matter be.His upliftment is anytime and no time.
CelebritiesRe: Temi Otedola Poses On A Yatch In Sexy Outfit (Photos) by obo389(m): 5:28pm On Feb 08, 2016
mtecheew. al this na wash abegi. dnt be surprise,her p..ci fit no sweet sef lipsrsealed
CelebritiesRe: Temi Otedola Poses On A Yatch In Sexy Outfit (Photos) by obo389(m): 5:28pm On Feb 08, 2016
.
CelebritiesRe: Kate Henshaw Got Herself A NEW MAN . . . And He’s A Fitness Guru . . . by obo389(m): 12:21pm On Jan 29, 2016
this geh Congo don see wheen.when dis she break up with that white man that this one again has surfaced and imagine how many again in between before this current Congo shiner?
hian!!
PoliticsRe: Nnamdi Kanu Writes Open Letter To EU - Naij.com by obo389(m): 12:07pm On Jan 29, 2016
hmmm.its not difficult. go to Ladipo market and inquire from an average IBO person of their opinion about Biafra and hear yourselves.
I rest my case here.
CrimeRe: The Woman Who Killed & Dumped Her 4-Year-Old Daughter Inside Well In Benue by obo389(m): 11:56am On Jan 29, 2016
hmmm.na wa oo.killed her daughter? una sure say na her piken true true?
CrimeRe: Photos From The Fire Incident At The MRS Filling Station, Near Oando Lagos by obo389(m): 11:06pm On Jan 28, 2016
this season is a terrible period and we should be very careful in our homes and places of work.everything this period is susceptible to fire that any careless act could lead to serious disaster.
CelebritiesRe: I’m A Very Boring Person – Chidinma Reveals Why She Does Not Hangout by obo389(m): 11:13pm On Jan 24, 2016
your a very boring person and you come fine like this huh
PoliticsRe: Trying Times For Nigeria, Patriotic Citizens' Attitude And Responsibility by obo389(m): 11:07pm On Jan 24, 2016
nonsense.I can see some people writing the govt should respect the ambiance of rule of law in fighting corruption in this country. when these people were busy stealing and looting our general and collective wealth,nobody remember there was rule of law to that effect.
please we should forget about partisan politics and whosoever is tied to whatever political affiliation, this country must be salvaged and must rise again. the extent of rape and inhuman attitude done to this nation as regards stealing of monies for the development and upliftment of this nation is just too much abeg.
we should and must learn to do things the right way..
CelebritiesRe: OMG! US Porn Website Uses Genevieve Nnaji's Photo As One Of Their Sex Models by obo389(m): 8:45pm On Jan 23, 2016
abegi.we should stop trusting people mostly all these celebrities. and who says its not possible for her to indulge in such as an extra curricular source is income?
is she not human abi she tell una say she no dey enjoy knacking?
PoliticsRe: This Israeli Soldier Has Igbo Name:. Picture. by obo389(m): 6:16pm On Jan 22, 2016
abeg make I hear word.one village name for osun state na ada so Wetn be the big deal?
Oyinbo dey bear any name as long as e get meaning.

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