TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

Image
 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...

FINANCE MINISTER WALE EDUN, COMMENDS NUPRC AS DAILY PRODUCTION HITS 1.84M BARRELS PER DAY . (PHOTO).


 Finance Minister Wale Edun, Commends NUPRC As Daily Production Hits 1.84m Barrels Per Day 


The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for piloting the petroleum sector to hit a production level of 1.84 million barrels in recent days.

Edun Made the commendation when the NUPRC Commission Chief Executive, Oritsemeyiwa Eyesan, visited him in his Office. 


A Statement by Eniola Akinkuotu

Head, Media and Corporate Communication says Edun applauds the Commission for Reaching 1.84 million barrels per day , describing it as fantastic news. 

Reiterating that it is in line with the mandate of President Bola Tinubu, acknowledging that she has 

started on a very good note, urging the commission Chief Executive to  keep it up.

The finance minister described the war in the Middle East as unfortunate but said President Bola Tinubu had mandated an increased production even before the crisis began.

He therefore Urged the NUPRC to push the industry harder to hit Two million barrels per day .

NUPRC Commission Chief Executive reveals that Though recent production has hit 1.84 million barrels per day, 

the Commission is determine to do more, she assured the minister. 

She attributed the prior dip in production in February to some unfortunate incidents on some strategic facilities as well as turnaround maintenance Emphasizing 

that all has been fixed and production is ramping up.

On the 2025 licensing round, Eyesan said the Commission is now in the technical and financial stage.

She expressed optimism over the growth of the petroleum sector in the near future especially because of provisions like the “drill or drop” in the Petroleum Industry Act which empowers the Commission to revoke leases of dormant acreages.

Eyesan also inform the minister that the Commission had fully complied with the Executive Order 9 of 2026, which directs the immediate suspension of the 30% Frontier Exploration Fund (FEF) deduction from profit oil and gas, alongside other management fees and the direct remittance of same to the Federation Account.

Comments

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.