NNPC LTD LAUNCHES NEW CAWTHORNE BLEND CRUDE INTO GLOBAL MARKET; FIRST EXPORT CARGO HEADS TO THE NETHERLANDS. (PHOTO)

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 NNPC Ltd Launches  New Cawthorne Blend Crude Into Global Market; First Export Cargo Heads To The Netherlands The Nigerian National Petroleum Company (NNPC) Limited,  says it has commenced export of its new crude grade – Cawthorne, a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams.  A Statement By Andy Odeh Chief Corporate Communications Officer Reveals  Cawthorne blend crude, the latest addition to Nigeria’s basket of crude grades, has an API gravity of 36.4, placing it firmly within the light, sweet category – comparable to Bonny Light, and highly valued in the global market for its superior petrol and diesel yields. NNPC Ltd confirms that the Cawthorne blend crude, which was loaded on an MT Eburones vessel, headed to The Netherlands, and unto the global market. The maiden 950,000 barrels cargo was exported via the Cawthorne Floating Storage and Offloading (...
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SUSPENDED SEN. NINGI RESIGNS AS THE CHAIRMAN OF THE NORTHERN SENATORS FORUM.(PHOTO).

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Suspended Senator Ningi Resigns 


Senator Abdul Ningi has resigned his position as the chairman of the Northern Senators Forum (NSF).


This comes barely an hour after Ningi was suspended for three months for alleging that the 2024 budget had been padded with illegal projects worth over N3 trillion.


Earlier, Senator Jimoh Ibrahim moved the motion for Ningi’s suspension for 12 months over allegations of criminal misinformation and breach of peace in the National Assembly and the country by extension.


But Senator Asuquo Ekpenyong moved for the amendment of the motion by Ibrahim.


Ekpenyong, who is from Cross River South Senatorial District; and Senator Abdulfatai Buhari from Oyo North prayed for the reduction of the suspension to six and three months respectively.


Akpabio, who described Ningi’s offences as “grievous”, conducted a voice vote during which most of the lawmakers voted in support of Ningi’s suspension for three months.


In an interview, Ningi had claimed that the Federal Government is operating two versions of the 2024 budget and that the N28.7 trillion Budget passed and signed into law by President Bola Tinubu was skewed against the north.

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